(PINR) Lyxor PEA Inde (MSCI India) - Ratings and Ratios

The Lyxor PEA Inde (MSCI India) UCITS ETF Capi is an exchange-traded fund that tracks the Morningstar India TME NR USD Index, providing investors with exposure to Indian equities. As a UCITS-compliant ETF, it adheres to stringent European regulatory standards, ensuring a certain level of diversification and investor protection.

With its domicile in France, this ETF is designed to cater to investors seeking to capitalize on Indias growth story. The Morningstar India TME NR USD Index is a benchmark that captures the performance of the Indian equity market, making this ETF an attractive option for those looking to tap into this emerging market.

Analyzing the technical data, we observe that the ETF has recently broken above its SMA20 and SMA50 levels, indicating a potential bullish trend. However, it remains below its SMA200, suggesting that the long-term trend is still bearish. The Average True Range (ATR) indicates a moderate level of volatility, which is expected given the ETFs exposure to emerging markets. Based on the current technical setup, we can forecast that the ETF may continue to consolidate between its 52-week high and low, with a potential breakout above 29.96 being a bullish catalyst.

From a fundamental perspective, the ETFs Assets Under Management (AUM) stand at 92.32M EUR, indicating a relatively niche but still viable product. Considering the Indian economys growth prospects and the ETFs tracking of a broad Indian equity index, we can anticipate that the AUM may grow as more investors seek exposure to this market. Combining this with the technical analysis, our forecast suggests that the ETF may experience a gradual price appreciation in the medium term, potentially reaching 30.50 EUR in the next 6-12 months, driven by a combination of improving Indian economic fundamentals and a potential breakout above its 52-week high.