Legal General (Germany) Performance

DELF Etf   16.98  0.03  0.18%   
The etf secures a Beta (Market Risk) of 0.22, which conveys not very significant fluctuations relative to the market. 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

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Compared to the overall equity markets, risk-adjusted returns on investments in Legal General Ucits are ranked lower than 20 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile essential indicators, Legal General may actually be approaching a critical reversion point that can send shares even higher in April 2025. ...more
  

Legal General Relative Risk vs. Return Landscape

If you would invest  1,538  in Legal General Ucits on December 22, 2024 and sell it today you would earn a total of  160.00  from holding Legal General Ucits or generate 10.4% return on investment over 90 days. Legal General Ucits is generating 0.17% of daily returns assuming 0.6533% volatility of returns over the 90 days investment horizon. Simply put, 5% of all etfs have less volatile historical return distribution than Legal General, and 97% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days.
  Expected Return   
       Risk  
Assuming the 90 days trading horizon Legal General is expected to generate 0.77 times more return on investment than the market. However, the company is 1.29 times less risky than the market. It trades about 0.26 of its potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly -0.04 per unit of risk.

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 = 0.2602

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Estimated Market Risk

 0.65
  actual daily
5
95% of assets are more volatile

Expected Return

 0.17
  actual daily
3
97% of assets have higher returns

Risk-Adjusted Return

 0.26
  actual daily
20
80% of assets perform better
Based on monthly moving average Legal General is performing at about 20% 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.