(APX) Lyxor MSCI Asia Ex Japan - Ratings and Ratios

The Lyxor UCITS MSCI Asia Ex Japan C-EUR (PA:APX) is an ETF that tracks the Morningstar Asia xJpn TME NR USD index, providing exposure to Asian equities excluding Japan. As a France-originated fund, it is categorized under Asia ex-Japan Equity ETFs.

From a performance perspective, the ETF has shown a steady upward trend, with its last price at €138.37. The short-term (SMA20) and long-term (SMA50, SMA200) moving averages indicate a bullish trend, with the short-term average above the long-term averages. The Average True Range (ATR) of 0.80 (€0.80 price movement per day on average) suggests moderate volatility.

To further analyze the ETFs performance, key metrics such as tracking error, beta, and Sharpe ratio can be considered. A low tracking error would indicate that the ETF closely follows its underlying index. A beta of around 1 would suggest that the ETFs price movements are closely correlated with the overall Asian ex-Japan market. A high Sharpe ratio would indicate that the ETF has delivered strong risk-adjusted returns.

In terms of assets under management (AUM), the ETF has €230.48M, indicating a moderate level of investor interest. To gauge the ETFs liquidity, metrics such as average daily trading volume and bid-ask spread can be examined. A high average daily trading volume and a tight bid-ask spread would suggest that the ETF is liquid and can be easily bought or sold without significantly impacting its price.

To make an informed investment decision, it is essential to evaluate the ETFs underlying index, the Morningstar Asia xJpn TME NR USD. Analyzing the indexs constituent stocks, sector allocation, and geographic distribution can provide insights into the ETFs potential performance and risk profile. Additionally, considering the ETFs fees, including management fees and trading costs, is crucial to understanding its overall cost structure.