(C003) Amundi Index Solutions - Ratings and Ratios

Amundi Index Solutions - Amundi DivDAX I UCITS ETF EUR Distributing (XETRA:C003) is an exchange-traded fund designed to replicate the performance of the Morningstar Germany TME NR EUR Index. This index focuses on high-dividend-paying companies in Germany, offering investors exposure to the German equity market with an emphasis on income generation. The ETF is listed on XETRA under the ticker symbol C003 and is classified under the Germany Equity category.

From a technical perspective, the ETF has shown a recent price of 35.57 EUR, with a 20-day average volume of 2,137 shares. The short-term trend indicators, such as the 20-day and 50-day Simple Moving Averages (SMA), stand at 34.65 and 33.24 respectively, while the 200-day SMA is at 32.34. This suggests a gradual upward trend in the ETFs price over the past year. The Average True Range (ATR) of 0.44 indicates relatively low volatility in the ETFs price movements.

In terms of fundamental data, the ETF has Assets Under Management (AUM) of 78.98 million EUR, which is moderate for a Germany-focused equity ETF. This size allows for efficient tracking of the underlying index while maintaining liquidity. The ETF is designed for investors seeking diversified exposure to German equities with a focus on dividend-paying stocks, making it suitable for income-oriented investment strategies.

3-Month Forecast: Based on the current technical and fundamental data, the ETF is expected to see continued moderate growth. The upward trend in the SMA indicators suggests that the ETF could rise to around 36.50 EUR over the next three months. The low ATR indicates that this growth is likely to be stable, with minimal volatility. The ETFs AUM is expected to remain stable or see slight growth, supported by its focus on dividend-paying stocks, which are often in demand during periods of economic uncertainty.