LG Clean (Switzerland) Performance

RENW Etf  CHF 12.47  0.15  1.22%   
The etf owns a Beta (Systematic Risk) of 0.11, which conveys not very significant fluctuations relative to the market. 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

Solid

 
Weak
 
Strong
Compared to the overall equity markets, risk-adjusted returns on investments in LG Clean Energy are ranked lower than 20 (%) of all global equities and portfolios over the last 90 days. In spite of fairly abnormal basic indicators, LG Clean showed solid returns over the last few months and may actually be approaching a breakup point. ...more
  

LG Clean Relative Risk vs. Return Landscape

If you would invest  1,025  in LG Clean Energy on November 21, 2025 and sell it today you would earn a total of  222.00  from holding LG Clean Energy or generate 21.66% return on investment over 90 days. LG Clean Energy is generating 0.3473% of daily returns and assumes 1.3387% volatility on return distribution over the 90 days horizon. Simply put, 12% of etfs are less volatile than RENW, and 93% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days.
  Expected Return   
       Risk  
Assuming the 90 days trading horizon LG Clean is expected to generate 1.79 times more return on investment than the market. However, the company is 1.79 times more volatile than its market benchmark. It trades about 0.26 of its potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.17 per unit of risk.
Below is the normalized historical share price chart for LG Clean Energy extending back to November 18, 2020. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of LG Clean stands at 12.47, as last reported on the 19th of February, with the highest price reaching 12.47 and the lowest price hitting 12.47 during the day.
3 y Volatility
23.03
200 Day MA
10.1077
1 y Volatility
16.13
50 Day MA
11.3859
Inception Date
2020-11-11
 
Covid
 
Interest Hikes

LG Clean Target Price Odds to finish over Current Price

The tendency of RENW Etf price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to move above the current price in 90 days
 12.47 90 days 12.47 
about 1.61
Based on a normal probability distribution, the odds of LG Clean to move above the current price in 90 days from now is about 1.61 (This LG Clean Energy probability density function shows the probability of RENW Etf to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon LG Clean has a beta of 0.11 indicating as returns on the market go up, LG Clean average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding LG Clean Energy will be expected to be much smaller as well. Additionally LG Clean Energy has an alpha of 0.1651, implying that it can generate a 0.17 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   LG Clean Price Density   
       Price  

Predictive Modules for LG Clean

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as LG Clean Energy. Regardless of method or technology, however, to accurately forecast the etf market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the etf market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Hype
Prediction
LowEstimatedHigh
11.1312.4713.81
Details
Intrinsic
Valuation
LowRealHigh
10.8712.2113.55
Details
Naive
Forecast
LowNextHigh
11.2812.6213.96
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
8.0912.2716.45
Details

LG Clean Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. LG Clean is not an exception. The market had few large corrections towards the LG Clean's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold LG Clean Energy, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of LG Clean within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0.17
β
Beta against Dow Jones0.11
σ
Overall volatility
0.56
Ir
Information ratio 0.07

LG Clean Fundamentals Growth

RENW 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 RENW Etf performance.

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.
LG Clean is entity of Switzerland. It is traded as Etf on SW exchange.