DBX ETF Financials
| SNPD Etf | 28.26 0.09 0.32% |
Net Expense Ratio 0.0015 |
DBX |
The data published in DBX ETF's official financial statements typically reflect DBX ETF's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving DBX ETF's quantitative information. For example, before you start analyzing numbers published by DBX accountants, it's essential to understand DBX ETF's liquidity, profitability, and earnings quality within the context of the Mid-Cap Value space in which it operates.
Please note, the presentation of DBX ETF's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, DBX ETF's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of DBX ETF's management manipulating its earnings.
DBX ETF Etf Summary
DBX ETF competes with Franklin Templeton, Altrius Global, Invesco Exchange, Franklin International, and Madison ETFs. Southern Products, Inc., a consumer electronics company, engages in the design, assembly, import, marketing, and sale of flat panel televisions under the Sigmac brand name.| Instrument | USA Etf View All |
| Exchange | BATS Exchange |
| CUSIP | 23306X506 |
| Region | North America |
| Investment Issuer | DWS |
| Location | New York; U.S.A |
| Business Address | Southern Products, IncCosta |
| Fund Category | Strategy |
| Portfolio Concentration | High Dividend Yield |
| Benchmark | Dow Jones Industrial |
| Website | www.sigmacusa.com |
| Phone | 626 213 3266 |
DBX ETF Key Financial Ratios
DBX Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining DBX ETF's current stock value. Our valuation model uses many indicators to compare DBX ETF value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across DBX ETF competition to find correlations between indicators driving DBX ETF's intrinsic value. More Info.DBX ETF Trust is presently regarded as number one ETF in price to sales as compared to similar ETFs. It also is presently regarded as number one ETF in one year return as compared to similar ETFs reporting about 0.15 of One Year Return per Price To Sales. The ratio of Price To Sales to One Year Return for DBX ETF Trust is roughly 6.60 . Comparative valuation analysis is a catch-all technique that is used if you cannot value DBX ETF by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.DBX ETF Trust Systematic Risk
DBX ETF's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. DBX ETF volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on DBX ETF Trust correlated with the market. If Beta is less than 0 DBX ETF generally moves in the opposite direction as compared to the market. If DBX ETF Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one DBX ETF Trust is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of DBX ETF is generally in the same direction as the market. If Beta > 1 DBX ETF moves generally in the same direction as, but more than the movement of the benchmark.
About DBX ETF Financials
What exactly are DBX ETF Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include DBX ETF's income statement, its balance sheet, and the statement of cash flows. Potential DBX ETF investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although DBX ETF investors may use each financial statement separately, they are all related. The changes in DBX ETF's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on DBX ETF's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.DBX ETF Thematic Clasifications
DBX ETF Trust is part of several thematic ideas from High Dividend Yield ETFs to Strategy ETFs. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasDBX ETF November 30, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of DBX ETF help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of DBX ETF Trust. We use our internally-developed statistical techniques to arrive at the intrinsic value of DBX ETF Trust based on widely used predictive technical indicators. In general, we focus on analyzing DBX Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build DBX ETF's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.565 | |||
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 2.2 | |||
| Value At Risk | (0.84) | |||
| Potential Upside | 1.1 |
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 My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
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.