(WLDH) Amundi MSCI World II EUR - Ratings and Ratios

The Amundi MSCI World II UCITS ETF EUR Hedged Dist (PA:WLDH) is an exchange-traded fund that offers investors exposure to a diversified portfolio of global equities, with a focus on hedging against euro currency fluctuations. As a product of Amundi, a leading European asset manager, this ETF is designed to track the MSCI World Index, providing broad market coverage across developed markets.

By hedging the funds exposure to non-euro currencies back to the euro, the ETF aims to mitigate the impact of currency fluctuations on returns, making it a potentially attractive option for euro-denominated investors seeking to minimize currency risk. The distribution variant of the fund (Dist) indicates that it is designed to distribute dividends to investors, providing a regular income stream.

Analyzing the provided , we observe that the ETFs price has been trending upwards, with its last price of 217.75 being above its 20-day, 50-day, and 200-day simple moving averages (SMA20, SMA50, and SMA200). The Average True Range (ATR) of 1.47, representing a 0.67% daily price range, suggests relatively stable price movements. The 52-week high and low prices of 217.90 and 179.94, respectively, indicate a significant recovery in the ETFs value over the past year.

Using the and , we can forecast the ETFs potential future performance. With the current AUM of 560.48M EUR, the fund has a substantial asset base, which can help reduce costs and improve liquidity. Considering the ETFs upward price trend, stable price movements, and the overall market conditions, a potential forecast could be that the ETF continues to trend upwards, potentially reaching new 52-week highs. However, its essential to monitor the funds tracking error, hedging strategy, and overall market conditions to adjust this forecast accordingly.

To further refine this forecast, we could analyze the MSCI World Indexs constituent stocks, sector allocation, and geographic distribution. Additionally, monitoring the euros currency fluctuations and the overall global economic landscape will be crucial in assessing the ETFs potential future performance. By combining these insights, we can develop a more comprehensive understanding of the ETFs prospects and make more informed investment decisions.