Legal General (Germany) Performance
| CASH Etf | EUR 14.68 0.30 2.00% |
The etf secures a Beta (Market Risk) of 0.32, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Legal General's returns are expected to increase less than the market. However, during the bear market, the loss of holding Legal General is expected to be smaller as well.
Risk-Adjusted Performance
12 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Legal General UCITS are ranked lower than 12 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile basic indicators, Legal General reported solid returns over the last few months and may actually be approaching a breakup point. ...more
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Legal General Relative Risk vs. Return Landscape
If you would invest 1,132 in Legal General UCITS on September 17, 2024 and sell it today you would earn a total of 336.00 from holding Legal General UCITS or generate 29.68% return on investment over 90 days. Legal General UCITS is generating 0.4407% of daily returns assuming 2.8532% volatility of returns over the 90 days investment horizon. Simply put, 25% of all etfs have less volatile historical return distribution than Legal General, and 92% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Legal General Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Legal General's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Legal General UCITS, and traders can use it to determine the average amount a Legal General's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1545
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Estimated Market Risk
| 2.85 actual daily | 25 75% of assets are more volatile |
Expected Return
| 0.44 actual daily | 8 92% 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.
About Legal General Performance
By analyzing Legal General's fundamental ratios, stakeholders can gain valuable insights into Legal General's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Legal General has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Legal General has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.