LX IF (Germany) Performance

LYT7 -- Germany ETF  

EUR 90.19  0.02  0.0222%

The etf owns Beta (Systematic Risk) of -0.0067 which conveys that as returns on market increase, returns on owning LX IF are expected to decrease at a much smaller rate. During bear market, LX IF is likely to outperform the market.. Although it is extremely important to respect LX IF L existing price patterns, it is better to be realistic regarding the information on equity price patterns. The approach towards estimating future performance of any etf is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By reviewing LX IF L technical indicators you can at this time evaluate if the expected return of 0.1896% will be sustainable into the future.
Horizon     30 Days    Login   to change

LX IF L Relative Risk vs. Return Landscape

If you would invest  8,951  in LX IF L F D E C I C DEOD on September 20, 2018 and sell it today you would earn a total of  68.00  from holding LX IF L F D E C I C DEOD or generate 0.76% return on investment over 30 days. LX IF L F D E C I C DEOD is generating 0.1896% of daily returns and assumes 0.2406% volatility on return distribution over the 30 days horizon. Simply put, 2% of equities are less volatile than LX IF L F D E C I C DEOD and 97% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
 Daily Expected Return (%) 
      Risk (%) 
Assuming 30 trading days horizon, LX IF L F D E C I C DEOD is expected to generate 0.22 times more return on investment than the market. However, the company is 4.52 times less risky than the market. It trades about 0.79 of its potential returns per unit of risk. The DOW is currently generating roughly -0.15 per unit of risk.

LX IF Market Risk Analysis

Sharpe Ratio = 0.788
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LX IF Relative Performance Indicators

Estimated Market Risk
 0.24
  actual daily
 
 98 %
of total potential
  
Expected Return
 0.19
  actual daily
 
 3 %
of total potential
  
Risk-Adjusted Return
 0.79
  actual daily
 
 52 %
of total potential
  
Based on monthly moving average LX IF is performing at about 52% 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 LX IF by adding it to a well-diversified portfolio.

LX IF Performance Rating

LX IF L F D E C I C DEOD Risk Adjusted Performance Analysis

52 

Risk-Adjusted Performance

Compared to the overall equity markets, risk-adjusted returns on investments in LX IF L F D E C I C DEOD are ranked lower than 52 (%) of all global equities and portfolios over the last 30 days.

LX IF Alerts

Equity Alerts and Improvement Suggestions

LX IF L is not yet fully synchronised with the market data
Please see also Stocks Correlation. Please also try Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
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