Leverage Shares (UK) Performance
| MRN3 Etf | 0.28 0.01 3.70% |
The etf secures a Beta (Market Risk) of 0.95, which conveys possible diversification benefits within a given portfolio. Leverage Shares returns are very sensitive to returns on the market. As the market goes up or down, Leverage Shares is expected to follow.
Risk-Adjusted Performance
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Over the last 90 days Leverage Shares 3x has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of uncertain performance in the last few months, the Etf's basic indicators remain comparatively stable which may send shares a bit higher in December 2024. The newest uproar may also be a sign of mid-term up-swing for the exchange-traded fund private investors. ...more
Leverage |
Leverage Shares Relative Risk vs. Return Landscape
If you would invest 242.00 in Leverage Shares 3x on August 31, 2024 and sell it today you would lose (215.00) from holding Leverage Shares 3x or give up 88.84% of portfolio value over 90 days. Leverage Shares 3x is generating negative expected returns and assumes 12.9486% volatility on return distribution over the 90 days horizon. Simply put, majority of traded equity instruments are less risky than Leverage on the basis of their historical return distribution, and most equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Leverage Shares Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Leverage Shares' investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Leverage Shares 3x, and traders can use it to determine the average amount a Leverage Shares' 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 = -0.1924
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| Negative Returns | MRN3 |
Estimated Market Risk
| 12.95 actual daily | 96 96% of assets are less volatile |
Expected Return
| -2.49 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.19 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Leverage Shares is not performing at its full potential. However, 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 Leverage Shares by adding Leverage Shares to a well-diversified portfolio.
About Leverage Shares Performance
Assessing Leverage Shares' fundamental ratios provides investors with valuable insights into Leverage Shares' financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Leverage Shares 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.
Leverage Shares is entity of United Kingdom. It is traded as Etf on LSE exchange.| Leverage Shares 3x generated a negative expected return over the last 90 days | |
| Leverage Shares 3x has high historical volatility and very poor performance | |
| Leverage Shares 3x has some characteristics of a very speculative penny stock |
Other Information on Investing in Leverage Etf
Leverage Shares financial ratios help investors to determine whether Leverage 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 Leverage with respect to the benefits of owning Leverage Shares security.