(C001) Lyxor Core DAX (DR) - Ratings and Ratios

The Lyxor Core DAX (DR) UCITS ETF is a Germany Equity ETF that tracks the Morningstar Germany TME NR EUR Index, providing investors with exposure to the German equity market. As a UCITS-compliant ETF, it adheres to stringent regulatory standards, ensuring a high level of investor protection.

From a technical analysis perspective, the ETFs price action indicates a recent pullback, as evidenced by the last price (180.92) being below the 20-day Simple Moving Average (SMA20) of 183.22. However, it remains above the 50-day SMA (174.96), suggesting a longer-term uptrend is intact. The Average True Range (ATR) of 2.11, or 1.17%, indicates moderate volatility.

Fundamentally, the ETF has a substantial Assets Under Management (AUM) of 1058.54M EUR, underscoring its liquidity and investor interest. As the ETF tracks the DAX index, which comprises the 30 largest and most liquid German stocks, it offers broad exposure to the German equity market.

Using both technical and fundamental data, a forecast for the Lyxor Core DAX (DR) UCITS ETF can be constructed. Given the current price is near the lower end of its 52-week range (132.94 - 185.78) and above its 50-day SMA, a potential buying opportunity may exist, targeting the 52-week high. However, a break below the 50-day SMA could signal a deeper correction. Considering the ETFs AUM and the overall trend in the German equity market, a moderate bullish outlook is plausible, with potential for the ETF to reach 190 in the short term, contingent on continued economic stability and positive market sentiment.