(LYMH) Multi Units France - Lyxor - Ratings and Ratios

The Multi Units France - Lyxor MSCI Greece UCITS ETF (XETRA:LYMH) is an exchange-traded fund that tracks the Athens Exchange Athex Composite TR Index, providing investors with exposure to the Greek equity market. As a UCITS-compliant ETF, it adheres to stringent European regulatory standards, ensuring a certain level of liquidity, transparency, and investor protection.

With its listing on XETRA, the fund benefits from the liquidity and efficiency of one of Europes premier electronic trading platforms. The ETFs investment objective is to replicate the performance of its underlying index, which comprises a broad representation of the Greek stock market. This makes LYMH an attractive option for investors seeking to gain exposure to Greeces economic recovery and growth prospects.

Analyzing the , we observe a positive short-term trend, as indicated by the last price (1.95) being above both the SMA20 (1.86) and SMA50 (1.81). The SMA200 (1.61) suggests a longer-term uptrend. The ATR (0.05) represents a 2.41% daily volatility, which is relatively moderate. Considering the 52-week high (1.95) and low (1.41), the current price is at its highest level over the past year, indicating a strong recovery.

From a fundamental perspective, the funds AUM (149.84M EUR) indicates a reasonable level of investor interest. Given the Greek economys gradual recovery and the potential for continued growth, its plausible that the ETF could attract further investment, potentially driving its AUM higher.

Forecasting the ETFs performance, we can consider both technical and fundamental factors. The ongoing uptrend, as supported by the SMA20, SMA50, and SMA200, suggests a continued positive outlook. Additionally, Greeces economic growth prospects, coupled with the ETFs relatively low AUM, could attract more investors, potentially driving the price higher. Based on these factors, a reasonable forecast would be for the ETF to trade within a range of 2.00-2.20 in the near term, representing a potential upside of 2.5-12.8% from the current price.