BetaShares Legg (Australia) Price on February 16, 2024
| RINC Etf | 9.15 0.03 0.33% |
Below is the normalized historical share price chart for BetaShares Legg Mason extending back to February 13, 2018. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of BetaShares Legg stands at 9.15, as last reported on the 28th of November, with the highest price reaching 9.15 and the lowest price hitting 9.15 during the day.
If you're considering investing in BetaShares Etf, it is important to understand the factors that can impact its price. BetaShares Legg is out of control given 3 months investment horizon. BetaShares Legg Mason secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the etf had a 0.12% return per unit of risk over the last 3 months. We are able to break down and analyze data for twenty-seven different technical indicators, which can help you to evaluate if expected returns of 13.22% are justified by taking the suggested risk. Use BetaShares Legg Coefficient Of Variation of 807.79, risk adjusted performance of 0.1046, and Mean Deviation of 25.58 to evaluate company specific risk that cannot be diversified away.
BetaShares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 8.6515 | 50 Day MA 9.003 |
BetaShares |
Sharpe Ratio = 0.1248
| Best Portfolio | Best Equity | RINC | ||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 105.92 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average BetaShares Legg 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 BetaShares Legg by adding it to a well-diversified portfolio.
Average Mkt Cap Mil No Data |
BetaShares Legg Valuation on February 16, 2024
It is possible to determine the worth of BetaShares Legg on a given historical date. On February 16, 2024 BetaShares was worth 8.45 at the beginning of the trading date compared to the closed value of 8.47. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of BetaShares Legg etf. Still, in general, we apply an absolute valuation method to find BetaShares Legg's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of BetaShares Legg where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against BetaShares Legg's related companies.
| Open | High | Low | Close | Volume | |
| 8.28 | 8.39 | 8.28 | 8.39 | 5,964 | |
02/16/2024 | 8.45 | 8.47 | 8.45 | 8.47 | 1,554 |
| 8.45 | 8.45 | 8.29 | 8.35 | 7,961 |
| Backtest BetaShares Legg | | | BetaShares Legg History | Previous | Next |
BetaShares Legg Trading Date Momentum on February 16, 2024
| On February 19 2024 BetaShares Legg Mason was traded for 8.35 at the closing time. The highest price during the trading period was 8.45 and the lowest recorded bid was listed for 8.29 . The volume for the day was 8 K. This history from February 19, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 1.42% . The overall trading delta to the current price is 1.89% . |
About BetaShares Legg Etf history
BetaShares Legg investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for BetaShares is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in BetaShares Legg Mason will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing BetaShares Legg stock prices may prove useful in developing a viable investing in BetaShares Legg
BetaShares Legg Etf Technical Analysis
BetaShares Legg technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Price Boundaries
BetaShares Legg Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
BetaShares Legg Mason cannot be verified against its exchange. Please verify the symbol is currently traded on Australian Securities Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
BetaShares Legg November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how BetaShares Legg etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading BetaShares Legg shares will generate the highest return on investment. By undertsting and applying BetaShares Legg etf market strength indicators, traders can identify BetaShares Legg Mason entry and exit signals to maximize returns
BetaShares Legg Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for BetaShares Legg's price direction in advance. Along with the technical and fundamental analysis of BetaShares Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of BetaShares to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1046 | |||
| Jensen Alpha | 12.63 | |||
| Total Risk Alpha | (3.57) | |||
| Sortino Ratio | 18.32 | |||
| Treynor Ratio | 3.78 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in BetaShares Etf
BetaShares Legg financial ratios help investors to determine whether BetaShares Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in BetaShares with respect to the benefits of owning BetaShares Legg security.