Legal General (Netherlands) Price on June 5, 2024
If you're considering investing in Legal Etf, it is important to understand the factors that can impact its price. Currently, Legal General UCITS is very steady. Legal General UCITS has Sharpe Ratio of 0.11, which conveys that the entity had a 0.11% return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Legal General, which you can use to evaluate the volatility of the etf. Please verify Legal General's Risk Adjusted Performance of 0.0879, downside deviation of 1.18, and Mean Deviation of 0.7461 to check out if the risk estimate we provide is consistent with the expected return of 0.11%.
Legal Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Legal |
Sharpe Ratio = 0.1074
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Estimated Market Risk
| 1.03 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Legal General is performing at about 8% 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.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Price Boundaries
Legal General Period Price Range
Low | December 29, 2024
| High |
0.00 | 0.00 |
Legal General UCITS cannot be verified against its exchange. Please verify the symbol is currently traded on Euronext Amsterdam. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Legal General December 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Legal General etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Legal General shares will generate the highest return on investment. By undertsting and applying Legal General etf market strength indicators, traders can identify Legal General UCITS entry and exit signals to maximize returns
Legal General Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Legal General's price direction in advance. Along with the technical and fundamental analysis of Legal Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Legal to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0879 | |||
| Jensen Alpha | 0.0864 | |||
| Total Risk Alpha | 0.0718 | |||
| Sortino Ratio | 0.0662 | |||
| Treynor Ratio | 0.1586 |
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Other Information on Investing in Legal Etf
Legal General financial ratios help investors to determine whether Legal 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 Legal with respect to the benefits of owning Legal General security.