Legal General (Germany) Performance
| IROB Etf | EUR 21.99 0.07 0.32% |
The etf secures a Beta (Market Risk) of -0.0801, 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
7 of 100
Weak | Strong |
OK
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 basic 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
Legal |
Legal General Relative Risk vs. Return Landscape
If you would invest 2,077 in Legal General UCITS on October 6, 2024 and sell it today you would earn a total of 122.00 from holding Legal General UCITS or generate 5.87% return on investment over 90 days. Legal General UCITS is generating 0.0992% of daily returns assuming 1.0665% volatility of returns over the 90 days investment horizon. Simply put, 9% 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 |
| 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 = 0.093
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | IROB | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.07 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.1 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.
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 | 1.25 B | |||
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 investment objective of the ROBO Global Robotics and Automation GO UCITS ETF is to provide exposure to the global robotics and automation industry. LG LG is traded on Frankfurt Stock Exchange in Germany.| The fund retains 99.8% 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.