LG Clean (Switzerland) Performance
| GLUG Etf | CHF 16.39 0.07 0.43% |
The etf owns a Beta (Systematic Risk) of 0.48, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, LG Clean's returns are expected to increase less than the market. However, during the bear market, the loss of holding LG Clean is expected to be smaller as well.
Risk-Adjusted Performance
9 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in LG Clean Water are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. In spite of fairly abnormal basic indicators, LG Clean may actually be approaching a critical reversion point that can send shares even higher in January 2025. ...more
GLUG |
LG Clean Relative Risk vs. Return Landscape
If you would invest 1,535 in LG Clean Water on September 3, 2024 and sell it today you would earn a total of 104.00 from holding LG Clean Water or generate 6.78% return on investment over 90 days. LG Clean Water is generating 0.1066% of daily returns and assumes 0.915% volatility on return distribution over the 90 days horizon. Simply put, 8% of etfs are less volatile than GLUG, and 98% 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 Clean Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for LG Clean's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as LG Clean Water, and traders can use it to determine the average amount a LG Clean'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 = 0.1165
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Estimated Market Risk
| 0.92 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average LG Clean 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 LG Clean by adding it to a well-diversified portfolio.
LG Clean Fundamentals Growth
GLUG Etf prices reflect investors' perceptions of the future prospects and financial health of LG Clean, and LG Clean 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 GLUG Etf performance.
| Total Asset | 213.96 M | |||
About LG Clean Performance
Evaluating LG Clean's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if LG Clean 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 Clean has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The investment objective of the LG Clean Water UCITS ETF is to provide exposure to the global clean water industry. Clean Water is traded on Switzerland Exchange in Switzerland.| The fund retains 99.45% of its assets under management (AUM) in equities |
Other Information on Investing in GLUG Etf
LG Clean financial ratios help investors to determine whether GLUG 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 GLUG with respect to the benefits of owning LG Clean security.