Legal General (Germany) Price on September 27, 2024
| ETLZ Etf | EUR 107.68 0.74 0.68% |
If you're considering investing in Legal Etf, it is important to understand the factors that can impact its price. As of today, the current price of Legal General stands at 107.68, as last reported on the 16th of December 2024, with the highest price reaching 107.68 and the lowest price hitting 107.68 during the day. Legal General appears to be very steady, given 3 months investment horizon. Legal General UCITS has Sharpe Ratio of 0.15, which conveys that the entity had a 0.15% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Legal General, which you can use to evaluate the volatility of the etf. Please exercise Legal General's Risk Adjusted Performance of 0.131, mean deviation of 0.9092, and Downside Deviation of 0.9409 to check out if our risk estimates are consistent with your expectations.
Legal Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Legal |
Sharpe Ratio = 0.154
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Estimated Market Risk
| 1.47 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.23 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 12 88% of assets perform better |
Based on monthly moving average Legal General is performing at about 12% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Legal General by adding it to a well-diversified portfolio.
Legal General Valuation on September 27, 2024
It is possible to determine the worth of Legal General on a given historical date. On September 27, 2024 Legal was worth 94.71 at the beginning of the trading date compared to the closed value of 94.78. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Legal General etf. Still, in general, we apply an absolute valuation method to find Legal General's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Legal General where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Legal General's related companies.
| Open | High | Low | Close | Volume | |
| 94.84 | 94.85 | 94.84 | 94.85 | 10.00 | |
09/27/2024 | 94.71 | 94.78 | 94.71 | 94.78 | 1.00 |
| 95.12 | 95.12 | 94.42 | 94.42 | 1.00 |
| Backtest Legal General | | | Legal General History | | | Legal General Valuation | Previous | Next |
Legal General Trading Date Momentum on September 27, 2024
| On September 30 2024 Legal General UCITS was traded for 94.42 at the closing time. The maximum traded price for the trading interval was 95.12 and the lowest daily price was 94.42 . There was no trading activity during the period 1.0. Lack of trading volume on 30th of September 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 0.38% . The trading delta at closing time to the closing price today is 1.50% . |
Legal General UCITS Fundamentals Correlations and Trends
By evaluating Legal General's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Legal General's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Legal financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Legal General Etf history
Legal General investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Legal is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Legal General UCITS will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Legal General stock prices may prove useful in developing a viable investing in Legal General
Legal General Etf Technical Analysis
Legal General technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Price Boundaries
Legal General Period Price Range
Low | December 16, 2024
| High |
0.00 | 0.00 |
Legal General UCITS cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Legal General December 16, 2024 Market Strength
Market strength indicators help investors to evaluate how Legal General etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Legal General shares will generate the highest return on investment. By undertsting and applying Legal General etf market strength indicators, traders can identify Legal General UCITS entry and exit signals to maximize returns
Legal General Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Legal General's price direction in advance. Along with the technical and fundamental analysis of Legal Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Legal to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.131 | |||
| Jensen Alpha | 0.1696 | |||
| Total Risk Alpha | 0.0629 | |||
| Sortino Ratio | 0.1662 | |||
| Treynor Ratio | 0.2889 |
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Other Information on Investing in Legal Etf
Legal General financial ratios help investors to determine whether Legal Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Legal with respect to the benefits of owning Legal General security.