Legal General (UK) Performance
| ECOG Etf | 1,403 2.50 0.18% |
The etf secures a Beta (Market Risk) of 0.17, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Legal General's returns are expected to increase less than the market. However, during the bear market, the loss of holding Legal General is expected to be smaller as well.
Risk-Adjusted Performance
15 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Legal General UCITS are ranked lower than 15 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively uncertain basic indicators, Legal General may actually be approaching a critical reversion point that can send shares even higher in January 2025. ...more
| In Threey Sharp Ratio | -0.10 |
Legal |
Legal General Relative Risk vs. Return Landscape
If you would invest 126,860 in Legal General UCITS on September 2, 2024 and sell it today you would earn a total of 13,470 from holding Legal General UCITS or generate 10.62% return on investment over 90 days. Legal General UCITS is generating 0.1561% of daily returns and assumes 0.7872% volatility on return distribution over the 90 days horizon. Simply put, 7% of etfs are less volatile than Legal, and 97% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Legal General Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Legal General's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Legal General UCITS, and traders can use it to determine the average amount a Legal General'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 = 0.1983
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ECOG | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.79 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average Legal General is performing at about 15% 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 Legal General by adding it to a well-diversified portfolio.
Legal General Fundamentals Growth
Legal Etf prices reflect investors' perceptions of the future prospects and financial health of Legal General, and Legal General 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 Legal Etf performance.
About Legal General Performance
Assessing Legal General's fundamental ratios provides investors with valuable insights into Legal General's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Legal General is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Legal General is entity of United Kingdom. It is traded as Etf on LSE exchange.