LYX ST (Germany) Performance

LYYL -- Germany ETF  

EUR 26.05  1.29  4.74%

The etf secures Beta (Market Risk) of -0.3135 which conveys that as returns on market increase, returns on owning LYX ST are expected to decrease at a much smaller rate. During bear market, LYX ST is likely to outperform the market.. Even though it is essential to pay attention to LYX ST EU price patterns, it is always good to be careful when utilizing equity historical price patterns. Macroaxis philosophy towards estimating future performance of any etf is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. LYX ST exposes twenty-one different technical indicators which can help you to evaluate its performance.
Horizon     30 Days    Login   to change

LYX ST EU Relative Risk vs. Return Landscape

If you would invest  2,670  in LYX ST EU 600 T L UETF A on November 14, 2018 and sell it today you would lose (65.00)  from holding LYX ST EU 600 T L UETF A or give up 2.43% of portfolio value over 30 days. LYX ST EU 600 T L UETF A is generating negative expected returns and assumes 1.4058% volatility on return distribution over the 30 days horizon. Simply put, 12% of equities are less volatile than LYX ST EU 600 T L UETF A and 99% 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, LYX ST EU 600 T L UETF A is expected to under-perform the market. In addition to that, the company is 1.1 times more volatile than its market benchmark. It trades about -0.58 of its total potential returns per unit of risk. The DOW is currently generating roughly -0.05 per unit of volatility.

LYX ST Market Risk Analysis

Sharpe Ratio = -0.5774
Good Returns
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Negative ReturnsLYYL

LYX ST Relative Performance Indicators

Estimated Market Risk
  actual daily
 12 %
of total potential
Expected Return
  actual daily
 0 %
of total potential
Risk-Adjusted Return
  actual daily
 0 %
of total potential
Based on monthly moving average LYX ST is performing at about 0% 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 LYX ST by adding it to a well-diversified portfolio.

LYX ST Performance Rating

LYX ST EU 600 T L UETF A Risk Adjusted Performance Analysis


Risk-Adjusted Performance

Over the last 30 days LYX ST EU 600 T L UETF A has generated negative risk-adjusted returns adding no value to investors with long positions.

LYX ST Alerts

Equity Alerts and Improvement Suggestions

LYX ST EU is not yet fully synchronised with the market data
LYX ST EU generates negative expected return over the last 30 days
Please see also Stocks Correlation. Please also try Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.