LYXOR DAILY (Germany) Price on October 23, 2024
| LYQL Etf | EUR 0.81 0.02 2.41% |
If you're considering investing in LYXOR Etf, it is important to understand the factors that can impact its price. As of today, the current price of LYXOR DAILY stands at 0.81, as last reported on the 4th of December, with the highest price reaching 0.81 and the lowest price hitting 0.81 during the day. LYXOR DAILY SHORTDAX has Sharpe Ratio of -0.11, which conveys that the entity had a -0.11% return per unit of standard deviation over the last 3 months. LYXOR DAILY exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify LYXOR DAILY's Mean Deviation of 1.37, risk adjusted performance of (0.07), and Market Risk Adjusted Performance of (1.52) to check out the risk estimate we provide.
LYXOR Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
LYXOR |
Sharpe Ratio = -0.1074
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Estimated Market Risk
| 1.69 actual daily | 15 85% of assets are more volatile |
Expected Return
| -0.18 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average LYXOR DAILY 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 LYXOR DAILY by adding LYXOR DAILY to a well-diversified portfolio.
LYXOR DAILY Valuation on October 23, 2024
It is possible to determine the worth of LYXOR DAILY on a given historical date. On October 23, 2024 LYXOR was worth 0.85 at the beginning of the trading date compared to the closed value of 0.86. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of LYXOR DAILY etf. Still, in general, we apply an absolute valuation method to find LYXOR DAILY'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 LYXOR DAILY where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against LYXOR DAILY's related companies.
| Open | High | Low | Close | Volume | |
| 0.84 | 0.86 | 0.84 | 0.85 | 1.00 | |
10/23/2024 | 0.85 | 0.86 | 0.85 | 0.86 | 1,200 |
| 0.85 | 0.85 | 0.84 | 0.85 | 1.00 |
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LYXOR DAILY Trading Date Momentum on October 23, 2024
| On October 24 2024 LYXOR DAILY SHORTDAX was traded for 0.85 at the closing time. The maximum traded price for the trading interval was 0.85 and the lowest daily price was 0.84 . There was no trading activity during the period 1.0. Lack of trading volume on 24th of October 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 1.16% . The trading delta at closing time to the closing price today is 1.16% . |
LYXOR DAILY SHORTDAX Fundamentals Correlations and Trends
By evaluating LYXOR DAILY'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 LYXOR DAILY's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. LYXOR financial account trend analysis is a perfect complement when working with valuation or volatility modules.About LYXOR DAILY Etf history
LYXOR DAILY 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 LYXOR is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in LYXOR DAILY SHORTDAX 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 LYXOR DAILY stock prices may prove useful in developing a viable investing in LYXOR DAILY
The Lyxor Daily ShortDAX x2 UCITS ETF is a UCITS compliant exchange traded fund that aims to track the benchmark index SHORTDAX X2 INDEX.The SHORTDAX X2 INDEX is linked to the performance of the DAX Index in an inverse way - a positive development of the SHORTDAX X2 INDEX will result in a negative change with a leveraged ratio of 2 and vice versa. LY D is traded on Frankfurt Stock Exchange in Germany.
LYXOR DAILY Etf Technical Analysis
LYXOR DAILY 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
LYXOR DAILY Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
LYXOR DAILY SHORTDAX 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.
LYXOR DAILY December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how LYXOR DAILY etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading LYXOR DAILY shares will generate the highest return on investment. By undertsting and applying LYXOR DAILY etf market strength indicators, traders can identify LYXOR DAILY SHORTDAX entry and exit signals to maximize returns
LYXOR DAILY Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for LYXOR DAILY's price direction in advance. Along with the technical and fundamental analysis of LYXOR Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of LYXOR 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 | (0.07) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.40) | |||
| Treynor Ratio | (1.53) |
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Other Information on Investing in LYXOR Etf
LYXOR DAILY financial ratios help investors to determine whether LYXOR 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 LYXOR with respect to the benefits of owning LYXOR DAILY security.