Xtrackers California Municipal Etf Price on November 29, 2024

CA Etf  USD 24.92  0.06  0.24%   
If you're considering investing in Xtrackers Etf, it is important to understand the factors that can impact its price. As of today, the current price of Xtrackers California stands at 24.92, as last reported on the 23rd of December, with the highest price reaching 25.13 and the lowest price hitting 24.92 during the day. Xtrackers California shows Sharpe Ratio of -0.0326, which attests that the etf had a -0.0326% return per unit of risk over the last 3 months. Xtrackers California exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Xtrackers California's Standard Deviation of 0.3032, market risk adjusted performance of 3.35, and Mean Deviation of 0.2199 to validate the risk estimate we provide.
  
Xtrackers Etf price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0326

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Estimated Market Risk

 0.3
  actual daily
2
98% of assets are more volatile

Expected Return

 -0.01
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.03
  actual daily
0
Most of other assets perform better
Based on monthly moving average Xtrackers California is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Xtrackers California by adding Xtrackers California to a well-diversified portfolio.
Average Mkt Cap Mil
No Data

Xtrackers California Valuation on November 29, 2024

It is possible to determine the worth of Xtrackers California on a given historical date. On November 29, 2024 Xtrackers was worth 25.39 at the beginning of the trading date compared to the closed value of 25.43. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Xtrackers California etf. Still, in general, we apply an absolute valuation method to find Xtrackers California's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Xtrackers California where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Xtrackers California's related companies.
 Open High Low Close Volume
  25.44    25.44    25.36    25.36    7,000  
11/29/2024
  25.39    25.46    25.39    25.43    800.00  
  25.49    25.51    25.10    25.47    6,396  
Backtest Xtrackers California  |  Xtrackers California History  |  Xtrackers California Valuation   PreviousNext  
Open Value
25.39
25.43
Closing Value
26.30
Upside

Xtrackers California Trading Date Momentum on November 29, 2024

On December 02 2024 Xtrackers California Municipal was traded for  25.47  at the closing time. The highest price during the trading period was 25.51  and the lowest recorded bid was listed for  25.10 . The volume for the day was 6.4 K. This history from December 2, 2024 contributed to the next trading day price jump. The overall trading delta to the next closing price was 0.16% . The trading price change to the current price is 0.24% .

Xtrackers California Fundamentals Correlations and Trends

By evaluating Xtrackers California's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Xtrackers California's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Xtrackers financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Xtrackers California Etf history

Xtrackers California investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Xtrackers is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Xtrackers California will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Xtrackers California stock prices may prove useful in developing a viable investing in Xtrackers California
CA, Inc., doing business as CA technologies, develops, markets, delivers, and licenses software products and services in the United States and internationally. CA, Inc. was founded in 1974 and is headquartered in New York, New York. CA operates under Software - Infrastructure classification in USA and is traded on BATS Exchange. It employs 11300 people.

Xtrackers California Etf Technical Analysis

Xtrackers California technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
A focus of Xtrackers California technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Xtrackers California trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Xtrackers California Period Price Range

Low
December 23, 2024
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High

 0.00 

     

 0.00 

Xtrackers California Municipal cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Xtrackers California December 23, 2024 Market Strength

Market strength indicators help investors to evaluate how Xtrackers California etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Xtrackers California shares will generate the highest return on investment. By undertsting and applying Xtrackers California etf market strength indicators, traders can identify Xtrackers California Municipal entry and exit signals to maximize returns

Xtrackers California Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Xtrackers California's price direction in advance. Along with the technical and fundamental analysis of Xtrackers Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Xtrackers to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Xtrackers California Municipal. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
The market value of Xtrackers California 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 California's value that differs from its market value or its book value, called intrinsic value, which is Xtrackers California'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 California's market value can be influenced by many factors that don't directly affect Xtrackers California'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 California's value and its price as these two are different measures arrived at by different means. Investors typically determine if Xtrackers California is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Xtrackers California'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.