Xtrackers Low Beta Etf Price on April 29, 2024
HYDW Etf | USD 46.59 0.02 0.04% |
Below is the normalized historical share price chart for Xtrackers Low Beta extending back to January 11, 2018. 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 Xtrackers Low stands at 46.59, as last reported on the 22nd of November, with the highest price reaching 46.63 and the lowest price hitting 46.59 during the day.
If you're considering investing in Xtrackers Etf, it is important to understand the factors that can impact its price. At this stage we consider Xtrackers Etf to be very steady. Xtrackers Low Beta shows Sharpe Ratio of 0.031, which attests that the etf had a 0.031% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Xtrackers Low Beta, which you can use to evaluate the volatility of the etf. Please check out Xtrackers Low's insignificant Market Risk Adjusted Performance, downside deviation of 0.1935, and Mean Deviation of 0.1396 to validate if the risk estimate we provide is consistent with the expected return of 0.0055%.
Xtrackers Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 7.91 | 200 Day MA 46.2863 | 1 y Volatility 5.12 | 50 Day MA 46.8476 | Inception Date 2018-01-11 |
Xtrackers |
Sharpe Ratio = 0.031
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Estimated Market Risk
0.18 actual daily | 1 99% 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 | 2 98% of assets perform better |
Based on monthly moving average Xtrackers Low is performing at about 2% 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 Xtrackers Low by adding it to a well-diversified portfolio.
Average Mkt Cap Mil No Data |
Xtrackers Low Main Headline on 29th of April 2024
A More Docile Approach to Junk Bonds - AOL by news.google.com
A More Docile Approach to Junk Bonds AOL
Xtrackers Low Valuation on April 29, 2024
It is possible to determine the worth of Xtrackers Low on a given historical date. On April 29, 2024 Xtrackers was worth 44.23 at the beginning of the trading date compared to the closed value of 44.27. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Xtrackers Low etf. Still, in general, we apply an absolute valuation method to find Xtrackers Low'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 Low where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Xtrackers Low's related companies.
Open | High | Low | Close | Volume | |
44.18 | 44.18 | 44.14 | 44.17 | 1,400 | |
04/29/2024 | 44.23 | 44.27 | 44.23 | 44.27 | 1,200 |
44.16 | 44.18 | 44.08 | 44.08 | 4,100 |
Backtest Xtrackers Low | | | Xtrackers Low History | | | Xtrackers Low Valuation | Previous | Next |
Xtrackers Low Trading Date Momentum on April 29, 2024
On April 30 2024 Xtrackers Low Beta was traded for 44.08 at the closing time. The top price for the day was 44.18 and the lowest listed price was 44.08 . The trading volume for the day was 4.1 K. The trading history from April 30, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.43% . The trading price change against the current closing price is 0.77% . |
Xtrackers Low Beta Fundamentals Correlations and Trends
By evaluating Xtrackers Low'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 Low'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 Low Etf history
Xtrackers Low 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 Low Beta 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 Low stock prices may prove useful in developing a viable investing in Xtrackers Low
Xtrackers Low Etf Technical Analysis
Xtrackers Low 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
Xtrackers Low Period Price Range
Low | November 22, 2024
| High |
0.00 | 0.00 |
Xtrackers Low Beta 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.
Xtrackers Low November 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Xtrackers Low 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 Low shares will generate the highest return on investment. By undertsting and applying Xtrackers Low etf market strength indicators, traders can identify Xtrackers Low Beta entry and exit signals to maximize returns
Xtrackers Low Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Xtrackers Low'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.
Risk Adjusted Performance | 0.0057 | |||
Jensen Alpha | (0.01) | |||
Total Risk Alpha | (0.02) | |||
Sortino Ratio | (0.52) | |||
Treynor Ratio | (0.01) |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Xtrackers Low Beta. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
The market value of Xtrackers Low Beta 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 Low's value that differs from its market value or its book value, called intrinsic value, which is Xtrackers Low'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 Low's market value can be influenced by many factors that don't directly affect Xtrackers Low'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 Low's value and its price as these two are different measures arrived at by different means. Investors typically determine if Xtrackers Low is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Xtrackers Low'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.