Leverage Shares (Germany) Performance
| 3GLD Etf | 18.15 0.83 4.79% |
The etf secures a Beta (Market Risk) of -0.23, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Leverage Shares are expected to decrease at a much lower rate. During the bear market, Leverage Shares is likely to outperform the market.
Risk-Adjusted Performance
12 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Leverage Shares 3x are ranked lower than 12 (%) of all global equities and portfolios over the last 90 days. In spite of rather fragile fundamental indicators, Leverage Shares exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
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Leverage Shares Relative Risk vs. Return Landscape
If you would invest 1,440 in Leverage Shares 3x on August 26, 2024 and sell it today you would earn a total of 375.00 from holding Leverage Shares 3x or generate 26.04% return on investment over 90 days. Leverage Shares 3x is generating 0.3798% of daily returns and assumes 2.3987% volatility on return distribution over the 90 days horizon. Simply put, 21% of etfs are less volatile than Leverage, and 93% 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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Leverage Shares Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Leverage Shares' investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Leverage Shares 3x, and traders can use it to determine the average amount a Leverage Shares' 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 = 0.1584
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Estimated Market Risk
| 2.4 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.38 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Leverage Shares is performing at about 12% 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 Leverage Shares by adding it to a well-diversified portfolio.