Legal General (Germany) Performance
| ETLZ Etf | EUR 107.68 0.74 0.68% |
The etf secures a Beta (Market Risk) of 0.85, which conveys possible diversification benefits within a given portfolio. Legal General returns are very sensitive to returns on the market. As the market goes up or down, Legal General is expected to follow.
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 essential indicators, Legal General reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Fifty Two Week Low | 54.27 | |
| Fifty Two Week High | 59.94 |
Legal |
Legal General Relative Risk vs. Return Landscape
If you would invest 9,360 in Legal General UCITS on September 17, 2024 and sell it today you would earn a total of 1,408 from holding Legal General UCITS or generate 15.04% return on investment over 90 days. Legal General UCITS is generating 0.2261% of daily returns assuming 1.4682% volatility of returns over the 90 days investment horizon. Simply put, 13% of all etfs have less volatile historical return distribution than Legal General, and 96% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| 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 = 0.154
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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 Fundamentals Growth
Legal Etf prices reflect investors' perceptions of the future prospects and financial health of Legal General, and Legal General fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Legal Etf performance.
| Total Asset | 46.47 M | |||
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.
The Fund is designed to track the performance of the Russell 2000 Index. GO UCITS is traded on Frankfurt Stock Exchange in Germany.| The fund retains all of its assets under management (AUM) in equities |
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.