Legal General (Germany) Performance
| XMLH Etf | EUR 11.77 0.17 1.42% |
The etf secures a Beta (Market Risk) of 0.65, 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
8 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 8 (%) of all global equities and portfolios over the last 90 days. In spite of rather fragile technical and fundamental indicators, Legal General may actually be approaching a critical reversion point that can send shares even higher in January 2025. ...more
| Fifty Two Week Low | 11.15 | |
| Fifty Two Week High | 11.23 |
Legal |
Legal General Relative Risk vs. Return Landscape
If you would invest 1,096 in Legal General Ucits on September 17, 2024 and sell it today you would earn a total of 81.00 from holding Legal General Ucits or generate 7.39% return on investment over 90 days. Legal General Ucits is generating 0.1209% of daily returns and assumes 1.0931% volatility on return distribution over the 90 days horizon. Simply put, 9% of etfs are less volatile than Legal, and 98% 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 = 0.1106
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Estimated Market Risk
| 1.09 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Legal General is performing at about 8% 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.