Xtrackers Usd High Etf Price on July 2, 2024
HYLB Etf | USD 36.76 0.07 0.19% |
Below is the normalized historical share price chart for Xtrackers USD High extending back to December 07, 2016. 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 USD stands at 36.76, as last reported on the 29th of November, with the highest price reaching 36.76 and the lowest price hitting 36.61 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 point, Xtrackers USD is very steady. Xtrackers USD High shows Sharpe Ratio of 0.2, which attests that the etf had a 0.2% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Xtrackers USD High, which you can use to evaluate the volatility of the etf. Please check out Xtrackers USD's Mean Deviation of 0.1743, downside deviation of 0.2286, and Market Risk Adjusted Performance of 0.1841 to validate if the risk estimate we provide is consistent with the expected return of 0.0425%.
Xtrackers Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 9.03 | 200 Day MA 35.8681 | 1 y Volatility 5.75 | 50 Day MA 36.5628 | Inception Date 2016-12-06 |
Xtrackers |
Sharpe Ratio = 0.2018
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Estimated Market Risk
0.21 actual daily | 1 99% of assets are more volatile |
Expected Return
0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average Xtrackers USD is performing at about 15% 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 USD by adding it to a well-diversified portfolio.
Xtrackers USD Valuation on July 2, 2024
It is possible to determine the worth of Xtrackers USD on a given historical date. On July 2, 2024 Xtrackers was worth 34.5 at the beginning of the trading date compared to the closed value of 34.62. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Xtrackers USD etf. Still, in general, we apply an absolute valuation method to find Xtrackers USD'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 USD where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Xtrackers USD's related companies.
Open | High | Low | Close | Volume | |
34.57 | 34.58 | 34.48 | 34.52 | 4,787,307 | |
07/02/2024 | 34.50 | 34.62 | 34.50 | 34.62 | 1,706,609 |
34.60 | 34.83 | 34.60 | 34.71 | 829,114 |
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Xtrackers USD Trading Date Momentum on July 2, 2024
On July 03 2024 Xtrackers USD High was traded for 34.71 at the closing time. The top price for the day was 34.83 and the lowest listed price was 34.60 . The trading volume for the day was 829.1 K. The trading history from July 3, 2024 was a factor to the next trading day price jump. The trading delta at closing time against the next closing price was 0.26% . The trading price change against the current closing price is 1.04% . |
Xtrackers USD High Fundamentals Correlations and Trends
By evaluating Xtrackers USD'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 USD'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 USD Etf history
Xtrackers USD 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 USD High 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 USD stock prices may prove useful in developing a viable investing in Xtrackers USD
The fund will normally invest at least 80 percent of its net assets, plus the amount of any borrowings for investment purposes, in high yield corporate bonds. Xt USD is traded on NYSEARCA Exchange in the United States.
Xtrackers USD Etf Technical Analysis
Xtrackers USD 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 USD Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Xtrackers USD High 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 USD November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Xtrackers USD 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 USD shares will generate the highest return on investment. By undertsting and applying Xtrackers USD etf market strength indicators, traders can identify Xtrackers USD High entry and exit signals to maximize returns
Xtrackers USD Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Xtrackers USD'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 | 0.0973 | |||
Jensen Alpha | 0.0083 | |||
Total Risk Alpha | (0.01) | |||
Sortino Ratio | (0.40) | |||
Treynor Ratio | 0.1741 |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Xtrackers USD High. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
The market value of Xtrackers USD High 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 USD's value that differs from its market value or its book value, called intrinsic value, which is Xtrackers USD'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 USD's market value can be influenced by many factors that don't directly affect Xtrackers USD'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 USD's value and its price as these two are different measures arrived at by different means. Investors typically determine if Xtrackers USD is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Xtrackers USD'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.