Deka DAX (Germany) Market Outlook
| ELF0 Etf | EUR 36.85 0.61 1.63% |
Roughly 61% of Deka DAX's investor base is looking to short. The current sentiment regarding investing in Deka DAX ex etf implies that many traders are alarmed. The current market sentiment, together with Deka DAX's historical and current headlines, can help investors time the market. In addition, many technical investors use Deka DAX ex etf news signals to limit their universe of possible portfolio assets.
Comfort Level 39
Alarmed
Panic | Confidence |
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use Deka DAX's input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward Deka DAX ex.
News SentimentNeutral | Hype SentimentBearish | Insider SentimentWaiting |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Deka DAX ex is 'Strong Buy'. Macroaxis provides Deka DAX buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding Deka DAX positions.
Execute Deka DAX Advice
The Deka recommendation should be used to complement the investment advice compiled from the current analysts' consensus on Deka DAX ex. Macroaxis does not own or have any residual interests in Deka DAX ex or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Deka DAX's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Buy
Market Performance | Solid | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Analyst Consensus | Not Available | Details |
For the selected time horizon Deka DAX ex has a Risk Adjusted Performance of 0.1526, Jensen Alpha of 0.1433, Total Risk Alpha of 0.0844, Sortino Ratio of 0.1015 and Treynor Ratio of 3.87Deka DAX advice module can be used to check and cross-verify current investment recommendation provided by analysts reviewing the etf's potential to grow using all of fundamental, technical, data market data available at the time. Please use Deka DAX five year return, net asset, and the relationship between the three year return and ten year return to make buy, hold, or sell decision on Deka DAX ex.
Deka DAX Trading Alerts and Improvement Suggestions
| Latest headline from news.google.com: Citi Initiates E.l.f. Beauty With Buy Rating, Announces Target Price 110 - | |
| The fund retains all of its assets under management (AUM) in equities |
Deka DAX Returns Distribution Density
The distribution of Deka DAX's historical returns is an attempt to chart the uncertainty of Deka DAX's future price movements. The chart of the probability distribution of Deka DAX daily returns describes the distribution of returns around its average expected value. We use Deka DAX ex price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Deka DAX returns is essential to provide solid investment analysis for Deka DAX.
| Mean Return | 0.16 | Value At Risk | -1.29 | Potential Upside | 1.41 | Standard Deviation | 0.82 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Deka DAX historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Deka DAX Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Deka DAX or Deka Investment GmbH sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Deka DAX's price will be affected by overall etf market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Deka etf's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.14 | |
β | Beta against Dow Jones | 0.04 | |
σ | Overall volatility | 0.76 | |
Ir | Information ratio | 0.10 |
Deka DAX Volatility Alert
Deka DAX ex has low volatility with Treynor Ratio of 3.87, Maximum Drawdown of 3.63 and kurtosis of -0.08. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Deka DAX's etf risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Deka DAX's etf price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Deka DAX Fundamentals Vs Peers
Comparing Deka DAX's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Deka DAX's direct or indirect competition across all of the common fundamentals between Deka DAX and the related equities. This way, we can detect undervalued stocks with similar characteristics as Deka DAX or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of Deka DAX's fundamental indicators could also be used in its relative valuation, which is a method of valuing Deka DAX by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Deka DAX to competition |
| Fundamentals | Deka DAX | Peer Average |
| One Year Return | 15.70 % | (0.97) % |
| Three Year Return | 14.80 % | 3.23 % |
| Five Year Return | 8.60 % | 1.12 % |
| Ten Year Return | 8.80 % | 1.20 % |
| Net Asset | 34.47 M | 2.29 B |
| Equity Positions Weight | 100.00 % | 52.82 % |
Deka DAX Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Deka . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 0.0016 | |||
| Daily Balance Of Power | (10.17) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 36.88 | |||
| Day Typical Price | 36.87 | |||
| Market Facilitation Index | 0.06 | |||
| Price Action Indicator | (0.33) | |||
| Period Momentum Indicator | (0.61) |
About Deka DAX Buy or Sell Advice
When is the right time to buy or sell Deka DAX ex? Buying financial instruments such as Deka Etf isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Deka DAX in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Alcohol Thematic Idea Now
Alcohol
Companies involved in production and distribution of wines and alcoholic beverages. The Alcohol theme has 18 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Alcohol Theme or any other thematic opportunities.
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Other Information on Investing in Deka Etf
Deka DAX financial ratios help investors to determine whether Deka Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Deka with respect to the benefits of owning Deka DAX security.