Xtrackers LevDAX (Germany) Price on January 5, 2024
| DBPE Etf | EUR 209.30 1.00 0.48% |
If you're considering investing in Xtrackers Etf, it is important to understand the factors that can impact its price. As of today, the current price of Xtrackers LevDAX stands at 209.30, as last reported on the 11th of December 2024, with the highest price reaching 210.65 and the lowest price hitting 209.15 during the day. Xtrackers LevDAX appears to be very steady, given 3 months investment horizon. Xtrackers LevDAX shows Sharpe Ratio of 0.15, which attests that the etf had a 0.15% return per unit of risk over the last 3 months. We have found thirty technical indicators for Xtrackers LevDAX, which you can use to evaluate the volatility of the etf. Please utilize Xtrackers LevDAX's Downside Deviation of 1.57, market risk adjusted performance of 0.54, and Mean Deviation of 1.31 to validate if our risk estimates are consistent with your expectations.
Xtrackers Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Xtrackers |
Sharpe Ratio = 0.1506
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Estimated Market Risk
| 1.83 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.28 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Xtrackers LevDAX is performing at about 11% 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 Xtrackers LevDAX by adding it to a well-diversified portfolio.
Xtrackers LevDAX Valuation on January 5, 2024
It is possible to determine the worth of Xtrackers LevDAX on a given historical date. On January 5, 2024 Xtrackers was worth 146.7 at the beginning of the trading date compared to the closed value of 148.52. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Xtrackers LevDAX etf. Still, in general, we apply an absolute valuation method to find Xtrackers LevDAX's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Xtrackers LevDAX where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Xtrackers LevDAX's related companies.
| Open | High | Low | Close | Volume | |
| 146.98 | 148.04 | 146.98 | 147.68 | 1,501 | |
01/05/2024 | 146.70 | 148.52 | 146.70 | 148.52 | 1,209 |
| 148.08 | 149.50 | 148.08 | 149.50 | 241.00 |
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Xtrackers LevDAX Trading Date Momentum on January 5, 2024
| On January 08 2024 Xtrackers LevDAX was traded for 149.50 at the closing time. The maximum traded price for the trading interval was 149.50 and the lowest daily price was 148.08 . The daily volume was recorded at 241. The volume of trading on 8th of January 2024 played a part in the next trading day price rise. The overall trading delta to the next closing price was 0.66% . The trading price change to the closing price today is 1.89% . |
Xtrackers LevDAX Fundamentals Correlations and Trends
By evaluating Xtrackers LevDAX's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Xtrackers LevDAX's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Xtrackers financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Xtrackers LevDAX Etf history
Xtrackers LevDAX investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Xtrackers is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Xtrackers LevDAX will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Xtrackers LevDAX stock prices may prove useful in developing a viable investing in Xtrackers LevDAX
The aim is for the investment to reflect the performance of the LevDAX Index which provides two times the performance of the DAX Index on a daily basis less a rate of interest. XTR LEVDAX is traded on Frankfurt Stock Exchange in Germany.
Xtrackers LevDAX Etf Technical Analysis
Xtrackers LevDAX technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Price Boundaries
Xtrackers LevDAX Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Xtrackers LevDAX cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt Exchange. 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.
Xtrackers LevDAX December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Xtrackers LevDAX etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Xtrackers LevDAX shares will generate the highest return on investment. By undertsting and applying Xtrackers LevDAX etf market strength indicators, traders can identify Xtrackers LevDAX entry and exit signals to maximize returns
Xtrackers LevDAX Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Xtrackers LevDAX's price direction in advance. Along with the technical and fundamental analysis of Xtrackers Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Xtrackers 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 | 0.1168 | |||
| Jensen Alpha | 0.2141 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.1012 | |||
| Treynor Ratio | 0.53 |
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Other Information on Investing in Xtrackers Etf
Xtrackers LevDAX financial ratios help investors to determine whether Xtrackers 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 Xtrackers with respect to the benefits of owning Xtrackers LevDAX security.