Xtrackers (UK) Price on November 1, 2024
XS2D Etf | 247.61 1.04 0.42% |
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 stands at 247.61, as last reported on the 10th of December, with the highest price reaching 248.14 and the lowest price hitting 247.10 during the day. Xtrackers appears to be very steady, given 3 months investment horizon. Xtrackers SP 500 shows Sharpe Ratio of 0.24, which attests that the etf had a 0.24% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Xtrackers SP 500, which you can use to evaluate the volatility of the etf. Please utilize Xtrackers' Market Risk Adjusted Performance of 0.6347, mean deviation of 0.9286, and Downside Deviation of 1.27 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 = 0.2402
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Estimated Market Risk
1.36 actual daily | 12 88% of assets are more volatile |
Expected Return
0.33 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
0.24 actual daily | 18 82% of assets perform better |
Based on monthly moving average Xtrackers is performing at about 18% 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 by adding it to a well-diversified portfolio.
Xtrackers Valuation on November 1, 2024
It is possible to determine the worth of Xtrackers on a given historical date. On November 1, 2024 Xtrackers was worth 221.87 at the beginning of the trading date compared to the closed value of 224.25. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Xtrackers etf. Still, in general, we apply an absolute valuation method to find Xtrackers' 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 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Xtrackers' related companies.
Open | High | Low | Close | Volume | |
226.33 | 227.22 | 222.15 | 222.59 | 14,313 | |
11/01/2024 | 221.87 | 225.47 | 221.87 | 224.25 | 5,099 |
222.93 | 223.52 | 222.41 | 222.41 | 4,138 |
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Xtrackers Trading Date Momentum on November 1, 2024
On November 04 2024 Xtrackers SP 500 was traded for 222.41 at the closing time. The highest price during the trading period was 223.52 and the lowest recorded bid was listed for 222.41 . The volume for the day was 4.1 K. This history from November 4, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 0.82% . The trading price change to the current price is 8.99% . |
Xtrackers SP 500 Fundamentals Correlations and Trends
By evaluating Xtrackers' 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' 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 Etf history
Xtrackers 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 SP 500 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 stock prices may prove useful in developing a viable investing in Xtrackers
Xtrackers Etf Technical Analysis
Xtrackers 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 Period Price Range
Low | December 10, 2024
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0.00 | 0.00 |
Xtrackers SP 500 cannot be verified against its exchange. Please verify the symbol is currently traded on London 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 December 10, 2024 Market Strength
Market strength indicators help investors to evaluate how Xtrackers 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 shares will generate the highest return on investment. By undertsting and applying Xtrackers etf market strength indicators, traders can identify Xtrackers SP 500 entry and exit signals to maximize returns
Xtrackers Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Xtrackers' 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 | 0.1782 | |||
Jensen Alpha | 0.2592 | |||
Total Risk Alpha | 0.1015 | |||
Sortino Ratio | 0.1598 | |||
Treynor Ratio | 0.6247 |
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Volume Indicators |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Xtrackers SP 500. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.