(TNOW) Amundi MSCI World - Ratings and Ratios

The Amundi MSCI World Information Technology UCITS ETF EUR Acc EUR (TNOW) is a Sector Equity Technology ETF originating from France, tracking the Morningstar Gbl Tech NR USD Index. As a technology-focused ETF, it provides investors with exposure to the global tech sector.

With Assets Under Management (AUM) of approximately €1.88 billion, TNOW has a significant presence in the market. To further evaluate its performance, we can consider key metrics such as tracking error, expense ratio, and trading volume. A low tracking error would indicate that the ETF is effectively replicating the performance of its underlying index. The expense ratio, typically ranging between 0.2-0.5% for such ETFs, is a crucial factor in determining the net returns for investors. High trading volume is also desirable as it implies liquidity and tighter bid-ask spreads.

From a technical analysis perspective, the ETFs price action can be assessed using various indicators. Given its current price is above both its 20-day and 50-day Simple Moving Averages (SMA20 and SMA50), it indicates a positive short-term trend. The Average True Range (ATR) of 1.29% suggests moderate volatility. To further gauge its momentum and potential future movements, investors may also examine other technical indicators such as the Relative Strength Index (RSI) and Bollinger Bands.

To make an informed investment decision, its essential to evaluate TNOWs historical performance, including its returns over various time frames (e.g., 1-year, 3-year, 5-year) and its correlation with other assets in a portfolio. Additionally, understanding the ETFs underlying holdings, sector allocation, and geographic distribution can provide insights into its potential risks and opportunities.