Db Gold Double Etf Price on November 25, 2024
DGP Etf | USD 66.74 0.40 0.60% |
Below is the normalized historical share price chart for DB Gold Double extending back to February 28, 2008. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of DB Gold stands at 66.74, as last reported on the 30th of November, with the highest price reaching 67.41 and the lowest price hitting 66.74 during the day.
If you're considering investing in DGP Etf, it is important to understand the factors that can impact its price. Currently, DB Gold Double is very steady. DB Gold Double retains Efficiency (Sharpe Ratio) of 0.0869, which denotes the etf had a 0.0869% return per unit of price deviation over the last 3 months. We have found thirty technical indicators for DB Gold, which you can use to evaluate the volatility of the entity. Please confirm DB Gold's Market Risk Adjusted Performance of 0.4834, standard deviation of 1.98, and Downside Deviation of 2.25 to check if the risk estimate we provide is consistent with the expected return of 0.17%.
DGP Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 25.31 | 200 Day MA 58.0435 | 1 y Volatility 17.99 | 50 Day MA 68.5736 | Inception Date 2008-02-27 |
DGP |
Sharpe Ratio = 0.0869
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Estimated Market Risk
2.0 actual daily | 17 83% of assets are more volatile |
Expected Return
0.17 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average DB Gold is performing at about 6% of its full potential. 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 DB Gold by adding it to a well-diversified portfolio.
Average Mkt Cap Mil No Data |
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DB Gold Valuation on November 25, 2024
It is possible to determine the worth of DB Gold on a given historical date. On November 25, 2024 DGP was worth 67.02 at the beginning of the trading date compared to the closed value of 66.25. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of DB Gold etf. Still, in general, we apply an absolute valuation method to find DB Gold'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 DB Gold where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against DB Gold's related companies.
Open | High | Low | Close | Volume | |
69.28 | 70.55 | 69.23 | 70.38 | 9,354 | |
11/25/2024 | 67.02 | 67.89 | 65.63 | 66.25 | 20,797 |
66.07 | 66.34 | 65.54 | 66.34 | 3,540 |
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DB Gold Trading Date Momentum on November 25, 2024
On November 26 2024 DB Gold Double was traded for 66.34 at the closing time. Highest DB Gold's price during the trading hours was 66.34 and the lowest price during the day was 65.54 . The net volume was 3.5 K. The overall trading history on the 26th of November contributed to the next trading period price gain. The overall trading delta to the next next day price was 0.14% . The overall trading delta to current price is 1.60% . |
DB Gold Double Fundamentals Correlations and Trends
By evaluating DB Gold'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 DB Gold's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. DGP financial account trend analysis is a perfect complement when working with valuation or volatility modules.About DB Gold Etf history
DB Gold 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 DGP is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in DB Gold Double 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 DB Gold stock prices may prove useful in developing a viable investing in DB Gold
The index is intended to reflect changes in the market value of certain gold futures contracts and is comprised of a single unfunded gold futures contract. DB Gold is traded on NYSEARCA Exchange in the United States.
DB Gold Etf Technical Analysis
DB Gold 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.
Price Boundaries
DB Gold Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
DB Gold Double cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE ARCA 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.
DB Gold November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how DB Gold etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading DB Gold shares will generate the highest return on investment. By undertsting and applying DB Gold etf market strength indicators, traders can identify DB Gold Double entry and exit signals to maximize returns
DB Gold Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for DB Gold's price direction in advance. Along with the technical and fundamental analysis of DGP Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of DGP 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.
Risk Adjusted Performance | 0.0535 | |||
Jensen Alpha | 0.0825 | |||
Total Risk Alpha | (0.22) | |||
Sortino Ratio | (0.01) | |||
Treynor Ratio | 0.4734 |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DB Gold Double. 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 Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
The market value of DB Gold Double is measured differently than its book value, which is the value of DGP that is recorded on the company's balance sheet. Investors also form their own opinion of DB Gold's value that differs from its market value or its book value, called intrinsic value, which is DB Gold'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 DB Gold's market value can be influenced by many factors that don't directly affect DB Gold'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 DB Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if DB Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DB Gold'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.