LG Battery (Germany) Performance
| BATE Etf | EUR 16.84 0.06 0.36% |
The etf owns a Beta (Systematic Risk) of 0.13, which conveys not very significant fluctuations relative to the market. As returns on the market increase, LG Battery's returns are expected to increase less than the market. However, during the bear market, the loss of holding LG Battery is expected to be smaller as well.
Risk-Adjusted Performance
7 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in LG Battery Value Chain are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. Despite nearly unsteady basic indicators, LG Battery may actually be approaching a critical reversion point that can send shares even higher in March 2025. ...more
| Fifty Two Week Low | 8.37 | |
| Fifty Two Week High | 16.24 |
BATE |
LG Battery Relative Risk vs. Return Landscape
If you would invest 1,573 in LG Battery Value Chain on November 5, 2024 and sell it today you would earn a total of 111.00 from holding LG Battery Value Chain or generate 7.06% return on investment over 90 days. LG Battery Value Chain is generating 0.1207% of daily returns assuming 1.1968% volatility of returns over the 90 days investment horizon. Simply put, 10% of all etfs have less volatile historical return distribution than LG Battery, and 98% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
LG Battery Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for LG Battery's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as LG Battery Value Chain, and traders can use it to determine the average amount a LG Battery'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 = 0.1009
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | BATE | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.2 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average LG Battery is performing at about 7% 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 LG Battery by adding it to a well-diversified portfolio.
LG Battery Fundamentals Growth
BATE Etf prices reflect investors' perceptions of the future prospects and financial health of LG Battery, and LG Battery 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 BATE Etf performance.
| Total Asset | 804.32 M | |||
About LG Battery Performance
By analyzing LG Battery's fundamental ratios, stakeholders can gain valuable insights into LG Battery's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if LG Battery 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 Battery has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
The objective of the fund is to provide exposure to basket of stocks of providers for electro-chemical energy storage technologies and mining companies that produce metals used to manufacture batteries. LG LG is traded on Frankfurt Stock Exchange in Germany.| The fund holds 99.58% of its assets under management (AUM) in equities |
Other Information on Investing in BATE Etf
LG Battery financial ratios help investors to determine whether BATE 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 BATE with respect to the benefits of owning LG Battery security.