LX IF (Germany) Performance

LYT7 -- Germany ETF  

EUR 87.69  2.73  3.02%

The etf owns Beta (Systematic Risk) of -0.067 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 0.2354% will be sustainable into the future.
Horizon     30 Days    Login   to change

LX IF L Relative Risk vs. Return Landscape

If you would invest  8,921  in LX IF L F D E C I C DEOD on November 15, 2018 and sell it today you would earn a total of  121.00  from holding LX IF L F D E C I C DEOD or generate 1.36% return on investment over 30 days. LX IF L F D E C I C DEOD is generating 0.2354% of daily returns and assumes 1.6042% volatility on return distribution over the 30 days horizon. Simply put, 14% of equities are less volatile than LX IF L F D E C I C DEOD and 96% 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 1.24 times more return on investment than the market. However, the company is 1.24 times more volatile than its market benchmark. It trades about 0.15 of its potential returns per unit of risk. The DOW is currently generating roughly -0.11 per unit of risk.

LX IF Market Risk Analysis

Sharpe Ratio = 0.1467
Best
Portfolio
Best
Equity
Good Returns
Average Returns
Small ReturnsLYT7
CashSmall
Risk
Average
Risk
High
Risk
Huge
Risk
Negative Returns

LX IF Relative Performance Indicators

Estimated Market Risk
 1.6
  actual daily
 
 14 %
of total potential
 
14
Expected Return
 0.24
  actual daily
 
 4 %
of total potential
 
4
Risk-Adjusted Return
 0.15
  actual daily
 
 9 %
of total potential
 
9
Based on monthly moving average LX IF is performing at about 9% 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

9

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 9 (%) 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 Fund Screener module to find activelly-traded funds from around the world traded on over 30 global exchanges.
Search macroaxis.com