DBGR Etf Forecast - Accumulation Distribution
| DBGR Etf | USD 30.90 0.03 0.1% |
DBGR Etf Forecast is based on your current time horizon.
DBGR |
| Check DBGR Volatility | Backtest DBGR | Trend Details |
DBGR Trading Date Momentum
| On November 30 2024 DBGR was traded for 30.90 at the closing time. The top price for the day was 30.90 and the lowest listed price was 30.87 . There was no trading activity during the period 0.0. Lack of trading volume on November 30, 2024 did not affect price variability. The overall trading delta against the current closing price is 0.10% . |
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
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DBGR Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with DBGR etf to make a market-neutral strategy. Peer analysis of DBGR could also be used in its relative valuation, which is a method of valuing DBGR by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
DBGR Market Strength Events
Market strength indicators help investors to evaluate how DBGR etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading DBGR shares will generate the highest return on investment. By undertsting and applying DBGR etf market strength indicators, traders can identify DBGR entry and exit signals to maximize returns.
DBGR Risk Indicators
The analysis of DBGR's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in DBGR's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting dbgr etf prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 0.8753 | |||
| Semi Deviation | 1.3 | |||
| Standard Deviation | 1.31 | |||
| Variance | 1.71 | |||
| Downside Variance | 1.77 | |||
| Semi Variance | 1.68 | |||
| Expected Short fall | (0.91) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Pair Trading with DBGR
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if DBGR position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in DBGR will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to DBGR could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DBGR when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back DBGR - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling DBGR to buy it.
The correlation of DBGR is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as DBGR moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DBGR moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for DBGR can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
The market value of DBGR is measured differently than its book value, which is the value of DBGR that is recorded on the company's balance sheet. Investors also form their own opinion of DBGR's value that differs from its market value or its book value, called intrinsic value, which is DBGR'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 DBGR's market value can be influenced by many factors that don't directly affect DBGR'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 DBGR's value and its price as these two are different measures arrived at by different means. Investors typically determine if DBGR is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DBGR'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.