Xtrackers Financials
| SNPE Etf | USD 54.74 0.13 0.24% |
Net Expense Ratio 0.001 | 3 y Sharp Ratio 0.4 |
Xtrackers |
The data published in Xtrackers' official financial statements typically reflect Xtrackers' 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 Xtrackers' quantitative information. For example, before you start analyzing numbers published by Xtrackers accountants, it's essential to understand Xtrackers' liquidity, profitability, and earnings quality within the context of the Xtrackers space in which it operates.
Please note, the presentation of Xtrackers' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Xtrackers' management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Xtrackers' management manipulating its earnings.
Xtrackers Etf Summary
Xtrackers competes with Xtrackers MSCI, IShares ESG, SPDR SP, IShares MSCI, and SPDR SP. The index is a broad-based, market capitalization weighted index that provides exposure to companies with high environmental, social and governance performance relative to their sector peers, while maintaining similar overall industry group weights as the SP 500 Index. Xt SP is traded on NYSEARCA Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US2330511435 |
| CUSIP | 233051143 |
| Region | North America |
| Investment Issuer | DWS |
| Etf Family | Xtrackers |
| Fund Category | Strategy |
| Portfolio Concentration | Theme |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
Xtrackers Key Financial Ratios
Xtrackers Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Xtrackers's current stock value. Our valuation model uses many indicators to compare Xtrackers value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Xtrackers competition to find correlations between indicators driving Xtrackers's intrinsic value. More Info.Xtrackers SP 500 is rated below average in beta as compared to similar ETFs. It also is rated below average in one year return as compared to similar ETFs reporting about 32.48 of One Year Return per Beta. Comparative valuation analysis is a catch-all technique that is used if you cannot value Xtrackers 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.Xtrackers SP 500 Systematic Risk
Xtrackers' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Xtrackers 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 fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Xtrackers SP 500 correlated with the market. If Beta is less than 0 Xtrackers generally moves in the opposite direction as compared to the market. If Xtrackers Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Xtrackers SP 500 is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Xtrackers is generally in the same direction as the market. If Beta > 1 Xtrackers moves generally in the same direction as, but more than the movement of the benchmark.
About Xtrackers Financials
What exactly are Xtrackers 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 Xtrackers' income statement, its balance sheet, and the statement of cash flows. Potential Xtrackers investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Xtrackers investors may use each financial statement separately, they are all related. The changes in Xtrackers's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Xtrackers'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.Xtrackers Thematic Clasifications
Xtrackers SP 500 is part of several thematic ideas from Strategy ETFs to Theme 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 IdeasXtrackers November 28, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Xtrackers help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Xtrackers SP 500. We use our internally-developed statistical techniques to arrive at the intrinsic value of Xtrackers SP 500 based on widely used predictive technical indicators. In general, we focus on analyzing Xtrackers Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Xtrackers's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.8215 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 3.84 | |||
| Value At Risk | (1.20) | |||
| Potential Upside | 1.13 |
Check out World Market Map 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 american community survey. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
The market value of Xtrackers SP 500 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' value that differs from its market value or its book value, called intrinsic value, which is Xtrackers' 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' market value can be influenced by many factors that don't directly affect Xtrackers' 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' value and its price as these two are different measures arrived at by different means. Investors typically determine if Xtrackers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Xtrackers' 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.