LEGAL GENERAL (UK) Performance
| ASPY Etf | 1,255 107.70 7.90% |
The etf secures a Beta (Market Risk) of 0.44, 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
9 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 9 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively uncertain basic indicators, LEGAL GENERAL unveiled 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 111,120 in LEGAL GENERAL UCITS on October 11, 2024 and sell it today you would earn a total of 14,390 from holding LEGAL GENERAL UCITS or generate 12.95% return on investment over 90 days. LEGAL GENERAL UCITS is generating 0.213% of daily returns and assumes 1.814% volatility on return distribution over the 90 days horizon. Simply put, 16% of etfs are less volatile than LEGAL, and 96% 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 = 0.1174
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Estimated Market Risk
| 1.81 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.21 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average LEGAL GENERAL is performing at about 9% 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.