Xtrackers MSCI's market value is the price at which a share of Xtrackers MSCI trades on a public exchange. It measures the collective expectations of Xtrackers MSCI China investors about its performance. Xtrackers MSCI is selling for under 14.07 as of the 13th of December 2024; that is 0.21 percent increase since the beginning of the trading day. The etf's lowest day price was 14.04. With this module, you can estimate the performance of a buy and hold strategy of Xtrackers MSCI China and determine expected loss or profit from investing in Xtrackers MSCI over a given investment horizon. Check out Your Current Watchlist to better understand how to build diversified portfolios. 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.
Symbol
Xtrackers
Xtrackers MSCI 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Xtrackers MSCI's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Xtrackers MSCI.
0.00
11/13/2024
No Change 0.00
0.0
In 31 days
12/13/2024
0.00
If you would invest 0.00 in Xtrackers MSCI on November 13, 2024 and sell it all today you would earn a total of 0.00 from holding Xtrackers MSCI China or generate 0.0% return on investment in Xtrackers MSCI over 30 days.
Xtrackers MSCI Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Xtrackers MSCI's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Xtrackers MSCI China upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Xtrackers MSCI's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Xtrackers MSCI's standard deviation. In reality, there are many statistical measures that can use Xtrackers MSCI historical prices to predict the future Xtrackers MSCI's volatility.
Xtrackers MSCI appears to be somewhat reliable, given 3 months investment horizon. Xtrackers MSCI China 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 MSCI China, which you can use to evaluate the volatility of the etf. Please utilize Xtrackers MSCI's Mean Deviation of 1.99, downside deviation of 2.94, and Market Risk Adjusted Performance of (35.70) to validate if our risk estimates are consistent with your expectations. The entity maintains a market beta of -0.0106, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Xtrackers MSCI are expected to decrease at a much lower rate. During the bear market, Xtrackers MSCI is likely to outperform the market.
Auto-correlation
-0.17
Insignificant reverse predictability
Xtrackers MSCI China has insignificant reverse predictability. Overlapping area represents the amount of predictability between Xtrackers MSCI time series from 13th of November 2024 to 28th of November 2024 and 28th of November 2024 to 13th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Xtrackers MSCI China price movement. The serial correlation of -0.17 indicates that over 17.0% of current Xtrackers MSCI price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.17
Spearman Rank Test
-0.54
Residual Average
0.0
Price Variance
0.1
Xtrackers MSCI China lagged returns against current returns
Autocorrelation, which is Xtrackers MSCI etf's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Xtrackers MSCI's etf expected returns. We can calculate the autocorrelation of Xtrackers MSCI returns to help us make a trade decision. For example, suppose you find that Xtrackers MSCI has exhibited high autocorrelation historically, and you observe that the etf is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values
Timeline
Xtrackers MSCI regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Xtrackers MSCI etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Xtrackers MSCI etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Xtrackers MSCI etf over time.
Current vs Lagged Prices
Timeline
Xtrackers MSCI Lagged Returns
When evaluating Xtrackers MSCI's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Xtrackers MSCI etf have on its future price. Xtrackers MSCI autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Xtrackers MSCI autocorrelation shows the relationship between Xtrackers MSCI etf current value and its past values and can show if there is a momentum factor associated with investing in Xtrackers MSCI China.
Regressed Prices
Timeline
Also Currently Popular
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.