Dbx Etf Trust Etf Performance
| SNPV Etf | 33.85 0.10 0.30% |
The entity shows a Beta (market volatility) of 0.81, which means possible diversification benefits within a given portfolio. As returns on the market increase, DBX ETF's returns are expected to increase less than the market. However, during the bear market, the loss of holding DBX ETF is expected to be smaller as well.
Risk-Adjusted Performance
13 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in DBX ETF Trust are ranked lower than 13 (%) of all global equities and portfolios over the last 90 days. In spite of fairly fragile basic indicators, DBX ETF may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
1 | On The My Stocks Page - Stock Traders Daily | 09/25/2024 |
2 | When Moves Investors should Listen - Stock Traders Daily | 11/19/2024 |
DBX |
DBX ETF Relative Risk vs. Return Landscape
If you would invest 3,146 in DBX ETF Trust on September 1, 2024 and sell it today you would earn a total of 239.00 from holding DBX ETF Trust or generate 7.6% return on investment over 90 days. DBX ETF Trust is currently generating 0.1166% in daily expected returns and assumes 0.6568% risk (volatility on return distribution) over the 90 days horizon. In different words, 5% of etfs are less volatile than DBX, and 98% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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DBX ETF Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for DBX ETF's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as DBX ETF Trust, and traders can use it to determine the average amount a DBX ETF's 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 = 0.1775
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Estimated Market Risk
| 0.66 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 13 87% of assets perform better |
Based on monthly moving average DBX ETF is performing at about 13% 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 DBX ETF by adding it to a well-diversified portfolio.
About DBX ETF Performance
Evaluating DBX ETF's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if DBX ETF has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if DBX ETF has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
DBX ETF is entity of United States. It is traded as Etf on BATS exchange.| Latest headline from news.google.com: When Moves Investors should Listen - Stock Traders Daily |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in DBX ETF Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
The market value of DBX ETF Trust is measured differently than its book value, which is the value of DBX that is recorded on the company's balance sheet. Investors also form their own opinion of DBX ETF's value that differs from its market value or its book value, called intrinsic value, which is DBX ETF's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because DBX ETF's market value can be influenced by many factors that don't directly affect DBX ETF's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between DBX ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if DBX ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DBX ETF's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.