Legal General (Germany) Performance
| ETL2 Etf | 22.65 0.09 0.40% |
The etf secures a Beta (Market Risk) of -0.0761, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Legal General are expected to decrease at a much lower rate. During the bear market, Legal General is likely to outperform the market.
Risk-Adjusted Performance
OK
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Compared to the overall equity markets, risk-adjusted returns on investments in Legal General UCITS are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. Despite nearly stable essential indicators, Legal General is not utilizing all of its potentials. The current stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
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Legal General Relative Risk vs. Return Landscape
If you would invest 2,165 in Legal General UCITS on December 22, 2024 and sell it today you would earn a total of 100.00 from holding Legal General UCITS or generate 4.62% return on investment over 90 days. Legal General UCITS is generating 0.079% of daily returns assuming 0.8725% volatility of returns over the 90 days investment horizon. Simply put, 7% of all etfs have less volatile historical return distribution than Legal General, and 99% 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 = 0.0905
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Estimated Market Risk
| 0.87 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Legal General is performing at about 7% 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.