LYT7 BE (Germany) Risk Analysis And Volatility

LYT7 -- Germany ETF  

EUR 99.20  0.00  0.00%

Our philosophy towards estimating volatility of an etf is to use all available market data together with etf specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for LYT7 BE which you can use to evaluate future volatility of the organization. Please verify LYT7 BE Risk Adjusted Performance of 0.0428, Mean Deviation of 1.78 and Market Risk Adjusted Performance of (0.42) to check out if risk estimate we provide are consistent with the epected return of 0.0%.
Horizon     30 Days    Login   to change

LYT7 BE Market Sensitivity

As returns on market increase, returns on owning LYT7 BE are expected to decrease at a much smaller rate. During bear market, LYT7 BE is likely to outperform the market.
2 Months Beta |Analyze LYT7 BE Demand Trend
Check current 30 days LYT7 BE correlation with market (DOW)
β = -0.3331

LYT7 BE Central Daily Price Deviation

LYT7 BE Technical Analysis

Transformation
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LYT7 BE Projected Return Density Against Market

Assuming 30 trading days horizon, LYT7 BE has beta of -0.3331 indicating as returns on benchmark increase, returns on holding LYT7 BE are expected to decrease at a much smaller rate. During bear market, however, LYT7 BE is likely to outperform the market. Moreover, The company has an alpha of 0.182 implying that it can potentially generate 0.182% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
α
Alpha over DOW
=0.18
β
Beta against DOW=0.33
σ
Overall volatility
=0.00
Ir
Information ratio =0.0106

LYT7 BE Return Volatility

the entity accepts 0.0% volatility on return distribution over the 30 days horizon. the entity inherits 0.5829% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

LYT7 BE Investment Opportunity

DOW has a standard deviation of returns of 0.58 and is 9.223372036854776E16 times more volatile than LYT7 BE. 0% of all equities and portfolios are less risky than LYT7 BE. Compared to the overall equity markets, volatility of historical daily returns of LYT7 BE is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use LYT7 BE to protect your portfolios against small markets fluctuations. The etf experiences normal downward trend, but the immediate impact on correlations cannot be determined at the moment . Check odds of LYT7 BE to be traded at €98.21 in 30 days. . As returns on market increase, returns on owning LYT7 BE are expected to decrease at a much smaller rate. During bear market, LYT7 BE is likely to outperform the market.

LYT7 BE correlation with market

correlation synergy
Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding LYT7 BE and equity matching DJI index in the same portfolio.

LYT7 BE Current Risk Indicators

LYT7 BE Suggested Diversification Pairs

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