Xtrackers USD Financial Statements From 2010 to 2024
| HYLB Etf | USD 36.52 0.01 0.03% |
Check Xtrackers USD financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Xtrackers USD's main balance sheet or income statement drivers, such as , as well as many indicators such as . Xtrackers financial statements analysis is a perfect complement when working with Xtrackers USD Valuation or Volatility modules.
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Xtrackers USD High ETF Beta Analysis
Xtrackers USD's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Xtrackers USD Beta | 0.89 |
Most of Xtrackers USD's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Xtrackers USD High is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
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In accordance with the recently published financial statements, Xtrackers USD High has a Beta of 0.89. This is much higher than that of the Xtrackers family and significantly higher than that of the High Yield Bond category. The beta for all United States etfs is notably lower than that of the firm.
About Xtrackers USD Financial Statements
Xtrackers USD stakeholders use historical fundamental indicators, such as Xtrackers USD's revenue or net income, to determine how well the company is positioned to perform in the future. Although Xtrackers USD investors may analyze each financial statement separately, they are all interrelated. For example, changes in Xtrackers USD's assets and liabilities are reflected in the revenues and expenses on Xtrackers USD's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Xtrackers USD High. Please read more on our technical analysis and fundamental analysis pages.
The fund will normally invest at least 80 percent of its net assets, plus the amount of any borrowings for investment purposes, in high yield corporate bonds. Xt USD is traded on NYSEARCA Exchange in the United States.
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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.When determining whether Xtrackers USD High offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Xtrackers USD's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Xtrackers Usd High Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Xtrackers Usd High Etf:Check out the analysis of Xtrackers USD Correlation against competitors. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
The market value of Xtrackers USD High is measured differently than its book value, which is the value of Xtrackers that is recorded on the company's balance sheet. Investors also form their own opinion of Xtrackers USD's value that differs from its market value or its book value, called intrinsic value, which is Xtrackers USD'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 Xtrackers USD's market value can be influenced by many factors that don't directly affect Xtrackers USD'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 Xtrackers USD's value and its price as these two are different measures arrived at by different means. Investors typically determine if Xtrackers USD is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Xtrackers USD'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.