LYX ST (Germany) Risk Analysis And Volatility

LYYL -- Germany ETF  

EUR 26.03  0.46  1.80%

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 LYX ST which you can use to evaluate future volatility of the organization. Please verify LYX ST EU 600 T L UETF A Mean Deviation of 1.84, Market Risk Adjusted Performance of (0.46) and Risk Adjusted Performance of (0.06) to check out if risk estimate we provide are consistent with the epected return of 0.0%.
Horizon     30 Days    Login   to change

LYX ST Market Sensitivity

As returns on market increase, LYX ST returns are expected to increase less than the market. However during bear market, the loss on holding LYX ST will be expected to be smaller as well.
2 Months Beta |Analyze LYX ST EU Demand Trend
Check current 30 days LYX ST correlation with market (DOW)
β = 0.6851

LYX ST Central Daily Price Deviation

LYX ST EU 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.

LYX ST Projected Return Density Against Market

Assuming 30 trading days horizon, LYX ST has beta of 0.6851 indicating as returns on market go up, LYX ST average returns are expected to increase less than the benchmark. However during bear market, the loss on holding LYX ST EU 600 T L UETF A will be expected to be much smaller as well. Additionally, The company has a negative alpha implying that the risk taken by holding this equity is not justified. LYX ST EU is significantly underperforming DOW.
 Predicted Return Density 
      Returns 
α
Alpha over DOW
=0.38
β
Beta against DOW=0.69
σ
Overall volatility
=0.00
Ir
Information ratio =0.14

LYX ST Return Volatility

the entity accepts 0.0% volatility on return distribution over the 30 days horizon. the entity inherits 0.5908% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

LYX ST Investment Opportunity

DOW has a standard deviation of returns of 0.59 and is 9.223372036854776E16 times more volatile than LYX ST EU 600 T L UETF A. 0% of all equities and portfolios are less risky than LYX ST. Compared to the overall equity markets, volatility of historical daily returns of LYX ST EU 600 T L UETF A is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use LYX ST EU 600 T L UETF A to enhance returns of your portfolios. The etf experiences large bullish trend. Check odds of LYX ST to be traded at €28.63 in 30 days. . As returns on market increase, LYX ST returns are expected to increase less than the market. However during bear market, the loss on holding LYX ST will be expected to be smaller as well.

LYX ST correlation with market

correlation synergy
Modest diversification
Overlapping area represents the amount of risk that can be diversified away by holding LYX ST EU 600 T L UETF A and equity matching DJI index in the same portfolio.

LYX ST Current Risk Indicators

LYX ST Suggested Diversification Pairs

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