(INR) Multi Units France - Lyxor - Ratings and Ratios

The Multi Units France - Lyxor MSCI India UCITS ETF is an exchange-traded fund that tracks the Morningstar India TME NR USD Index, providing investors with exposure to the Indian equity market. As a France-based UCITS-compliant ETF, it adheres to stringent European regulatory standards, ensuring a high level of investor protection.

With a focus on Indian equities, this ETF is an attractive option for investors seeking to tap into the growth potential of Indias economy. The underlying index is designed to capture the performance of Indian stocks, offering a diversified portfolio that can help mitigate risk. The funds Assets Under Management (AUM) stand at approximately €918.30 million, indicating a reasonable level of liquidity.

From a technical analysis perspective, the ETFs price is currently at €28.40, with various moving averages indicating a potential trend reversal. The 20-day Simple Moving Average (SMA) is at €28.84, while the 50-day SMA is at €28.59, both above the current price, suggesting a short-term downtrend. However, the 200-day SMA at €29.89 indicates a longer-term uptrend. The Average True Range (ATR) is 0.38, or 1.34%, implying moderate volatility.

Using the available technical and fundamental data, a forecast for the ETF can be constructed. Given the current price is below both the 20-day and 50-day SMAs, but still above the 52-week low of €26.39, a potential buying opportunity may arise if the price breaks above the 20-day SMA. Additionally, Indias economic growth prospects, coupled with the ETFs diversified portfolio, may drive long-term growth. Assuming the AUM remains stable and the Indian economy continues to grow, a potential price target could be €31.50, representing a 10% increase from current levels. However, this is contingent upon the ETFs ability to track its underlying index and the overall market conditions.