(E909) Lyxor 1 DAX 50 ESG (DR) I - Ratings and Ratios

The Lyxor1 DAX50 ESG (DR) UCITS ETF I, traded on XETRA under the ticker symbol E909, is an ETF designed to track the Morningstar Germany TME NR EUR Index, providing exposure to the German equity market with a focus on ESG (Environmental, Social, and Governance) criteria. As an ETF categorized under Germany Equity, it is tailored for investors seeking to invest in the German market.

Analyzing its technical data, the ETF is currently priced at 47.80 EUR, indicating a bullish trend as it is above its SMA20 (45.21) and SMA50 (45.76), with a significant margin above its SMA200 (42.44), suggesting a strong uptrend. The ATR (0.98 = 2.05%) indicates moderate volatility, and its 52-week range (36.51 - 48.09) shows that the ETF has shown resilience and growth potential. Given its technical indicators, a continued uptrend is plausible if it maintains its position above the SMA50.

Fundamentally, the ETF has an Assets Under Management (AUM) of 304.63M EUR, indicating a reasonable size that can provide liquidity. The ETFs focus on ESG criteria aligns with the growing trend of sustainable investing, potentially attracting more investors and thus potentially benefiting from increased demand.

Forecasting based on both technical and fundamental data, if the ETF maintains its current trend and continues to be above its SMA50, it is likely to test its 52-week high. Furthermore, the growing interest in ESG investments could drive the AUM higher, potentially leading to a more stable or even increased NAV. However, any forecast must consider the overall market conditions and the specific dynamics of the German equity market. A realistic target could be around 49.00 EUR in the short term, assuming the current trend persists and there are no significant market downturns.

To achieve a more precise forecast, a detailed analysis of the constituents of the Morningstar Germany TME NR EUR Index and their ESG ratings would be necessary. Additionally, monitoring the ETFs tracking error and comparing it with other similar ETFs could provide further insights into its potential performance.