(ZPAB) Lyxor Net Zero 2050 S&P - Ratings and Ratios

The Lyxor Net Zero 2050 S&P Eurozone Climate PAB (DR) UCITS ETF - Acc is an exchange-traded fund listed on XETRA, tracking the Morningstar Developed Eurozone Tilted Momentum & ESG NR EUR index. This ETF is designed to provide exposure to Eurozone large-cap equities while incorporating climate and ESG considerations.

As a Trading Analyst, we can infer that the funds investment strategy is aligned with the growing demand for sustainable and climate-conscious investments. The Net Zero 2050 designation suggests that the fund is managed with the goal of achieving net-zero carbon emissions by 2050, which is in line with global efforts to mitigate climate change.

Analyzing the available , we observe that the ETFs price is currently at 35.87, slightly below its 20-day simple moving average (SMA) of 36.16. The 50-day SMA is at 34.56, indicating a potential support level, while the 200-day SMA is at 33.09, suggesting a longer-term uptrend. The average true range (ATR) is 0.36, representing a 1.01% daily price volatility. Given these indicators, a potential trading strategy could be to buy on dips towards the 34.56 level, with a target of 36.61, the 52-week high.

From a fundamental perspective, the fund has a substantial assets under management (AUM) of 1809.81M EUR, indicating a healthy investor appetite for this product. As the ETF is focused on Eurozone large-cap equities with a climate-conscious tilt, its performance is likely to be influenced by the overall direction of the European equity market, as well as the relative performance of ESG-compliant stocks.

Forecasting the ETFs future performance, we can expect that the ongoing transition towards a more sustainable and climate-resilient economy will continue to drive demand for ESG-focused investment products like ZPAB. Assuming the European equity market continues to trend upwards, and given the ETFs tilt towards momentum and ESG factors, we can anticipate a potential price target of 38-40 in the next 6-12 months, representing a 6-12% upside from current levels. However, this forecast is contingent on the ETFs ability to maintain its ESG credentials and adapt to evolving climate-related regulations.