LG DAX (Germany) Performance
| DES2 Etf | EUR 0.98 0.02 2.00% |
The etf owns a Beta (Systematic Risk) of -0.4, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning LG DAX are expected to decrease at a much lower rate. During the bear market, LG DAX is likely to outperform the market.
Risk-Adjusted Performance
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Over the last 90 days LG DAX Daily has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable basic indicators, LG DAX is not utilizing all of its potentials. The latest stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
| Fifty Two Week Low | 1.7602 | |
| Fifty Two Week High | 4.9595 |
DES2 |
LG DAX Relative Risk vs. Return Landscape
If you would invest 102.00 in LG DAX Daily on August 31, 2024 and sell it today you would lose (4.00) from holding LG DAX Daily or give up 3.92% of portfolio value over 90 days. LG DAX Daily is producing return of less than zero assuming 1.5299% volatility of returns over the 90 days investment horizon. Simply put, 13% of all etfs have less volatile historical return distribution than LG DAX, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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LG DAX Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for LG DAX's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as LG DAX Daily, and traders can use it to determine the average amount a LG DAX's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0327
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| Negative Returns | DES2 |
Estimated Market Risk
| 1.53 actual daily | 13 87% of assets are more volatile |
Expected Return
| -0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average LG DAX is not performing at its full potential. However, 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 LG DAX by adding LG DAX to a well-diversified portfolio.
LG DAX Fundamentals Growth
DES2 Etf prices reflect investors' perceptions of the future prospects and financial health of LG DAX, and LG DAX fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on DES2 Etf performance.
| Total Asset | 51.44 M | |||
About LG DAX Performance
By analyzing LG DAX's fundamental ratios, stakeholders can gain valuable insights into LG DAX's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if LG DAX has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if LG DAX has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
The Fund is designed to track the performance of the ShortDAX x2 Index . LG LG is traded on Frankfurt Stock Exchange in Germany.| LG DAX Daily generated a negative expected return over the last 90 days | |
| LG DAX Daily has some characteristics of a very speculative penny stock | |
| This fund generated-25.0 ten year return of -25.0% | |
| LG DAX retains all of the assets under management (AUM) in different types of exotic instruments |
Other Information on Investing in DES2 Etf
LG DAX financial ratios help investors to determine whether DES2 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 DES2 with respect to the benefits of owning LG DAX security.