LYP6 📈 Amundi Stoxx Europe 600 - Overview
Exchange: XETRA • Country: Germany • Currency: EUR • Type: Etf • ISIN: LU0908500753 • Europe Large-Cap Blend Equity
LYP6: Stocks, European, Equities
The Amundi Stoxx Europe 600 UCITS ETF C EUR, listed on XETRA under the ticker LYP6, is a financial instrument designed to track the performance of a specific index. This ETF is domiciled in Luxembourg, a jurisdiction known for its favorable regulatory environment and tax efficiency, making it an attractive location for investment funds. The fund's company website can be found at https://first-eagle.amundi.com/, providing investors with access to detailed information about the fund's strategy, performance, and other relevant data.
The ETF is designed to replicate the Morningstar DM Eur TME NR EUR index, which is a benchmark for European large-cap equities. This index is a broad representation of the European market, covering a wide range of sectors and industries. By tracking this index, the Amundi Stoxx Europe 600 UCITS ETF C EUR aims to provide investors with exposure to the European large-cap equity market, offering a diversified portfolio of stocks from established companies. The fund's ISIN code, LU0908500753, is a unique identifier used to facilitate trading and settlement of the fund's units.
As an ETF, the Amundi Stoxx Europe 600 UCITS ETF C EUR is a type of exchange-traded fund that is listed on a stock exchange and can be bought and sold like a regular stock. This provides investors with the flexibility to trade the fund's units throughout the day, allowing them to quickly respond to changes in market conditions. The fund's category is Europe Large-Cap Blend Equity, indicating that it is focused on investing in large-cap companies in Europe, with a blend of growth and value stocks. This type of fund is often used by investors seeking to gain broad exposure to the European equity market, while also benefiting from the diversification and liquidity that an ETF provides.
Additional Sources for LYP6 ETF
LYP6 ETF Overview
Market Cap in USD | 7,764m |
Category | Europe Large-Cap Blend Equity |
TER | 0.07% |
IPO / Inception | 2024-02-08 |
LYP6 ETF Ratings
Growth 5y | 57.1% |
Fundamental | - |
Dividend | - |
Rel. Strength Industry | 158 |
Analysts | - |
Fair Price Momentum | 217.33 EUR |
Fair Price DCF | - |
LYP6 Dividends
No Dividends PaidLYP6 Growth Ratios
Growth Correlation 3m | -44.8% |
Growth Correlation 12m | 69.5% |
Growth Correlation 5y | 88.8% |
CAGR 5y | 6.44% |
CAGR/Mean DD 5y | 1.03 |
Sharpe Ratio 12m | 0.45 |
Alpha | -11.04 |
Beta | 0.67 |
Volatility | 15.15% |
Current Volume | 19k |
Average Volume 20d | 14.5k |
As of December 27, 2024, the stock is trading at EUR 235.10 with a total of 19,004 shares traded.
Over the past week, the price has changed by -0.74%, over one month by -0.51%, over three months by -3.98% and over the past year by +7.79%.
Partly, yes. Based on ValueRay Analyses, Amundi Stoxx Europe 600 (XETRA:LYP6) is currently (December 2024) ok to buy, but has to be watched. It has a Growth Technical Rating of 57.05 and therefor an somewhat technical positive rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of LYP6 as of December 2024 is 217.33. This means that LYP6 is currently overvalued and has a potential downside of -7.56%.
Amundi Stoxx Europe 600 has no consensus analysts rating.
According to ValueRays Forecast Model, LYP6 Amundi Stoxx Europe 600 will be worth about 239.2 in December 2025. The stock is currently trading at 235.10. This means that the stock has a potential upside of +1.72%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | - | - |
Analysts Target Price | - | - |
ValueRay Target Price | 239.2 | 1.7% |