LX IF (Germany) Risk Analysis And Volatility

LYT7 -- Germany ETF  

EUR 90.36  0.000001  0.00%

Our approach 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 LX IF which you can use to evaluate future volatility of the organization. Please verify LX IF L F D E C I C DEOD Standard Deviation of 1.47, Mean Deviation of 1.02 and Market Risk Adjusted Performance of 2.36 to check out if risk estimate we provide are consistent with the epected return of 0.0%.
Horizon     30 Days    Login   to change

LX IF Market Sensitivity

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.
2 Months Beta |Analyze LX IF L Demand Trend
Check current 30 days LX IF correlation with market (DOW)
β = -0.109

LX IF Central Daily Price Deviation

LX IF L Technical Analysis

Transformation
We are not able to run technical analysis function on this symbol. We either do not have that equity or its historical data is not available at this time. Please try again later.

LX IF Projected Return Density Against Market

Assuming 30 trading days horizon, LX IF L F D E C I C DEOD has beta of -0.109 indicating as returns on benchmark increase, returns on holding LX IF are expected to decrease at a much smaller rate. During bear market, however, LX IF L F D E C I C DEOD is likely to outperform the market. Additionally, The company has a negative alpha implying that the risk taken by holding this equity is not justified. LX IF L is significantly underperforming DOW.
 Predicted Return Density 
      Returns 
α
Alpha over DOW
=0.24
β
Beta against DOW=0.11
σ
Overall volatility
=0.00
Ir
Information ratio =0.28

LX IF Return Volatility

the entity accepts 0.0% volatility on return distribution over the 30 days horizon. the entity inherits 0.6355% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

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Investment Outlook

LX IF Investment Opportunity

DOW has a standard deviation of returns of 0.64 and is 9.223372036854776E16 times more volatile than LX IF L F D E C I C DEOD. 0% of all equities and portfolios are less risky than LX IF. Compared to the overall equity markets, volatility of historical daily returns of LX IF L F D E C I C DEOD is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use LX IF L F D E C I C DEOD 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 LX IF to be traded at €89.46 in 30 days. . 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.

LX IF correlation with market

correlation synergy
Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding LX IF L F D E C I C DEOD and equity matching DJI index in the same portfolio.

LX IF Volatility Indicators

LX IF L F D E C I C DEOD Current Risk Indicators

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