Dbx Etf Trust Etf Price on November 12, 2024
| QARP Etf | USD 54.63 0.24 0.44% |
Below is the normalized historical share price chart for DBX ETF Trust extending back to April 05, 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 DBX ETF stands at 54.63, as last reported on the 2nd of December, with the highest price reaching 54.70 and the lowest price hitting 54.63 during the day.
If you're considering investing in DBX Etf, it is important to understand the factors that can impact its price. Currently, DBX ETF Trust is very steady. DBX ETF Trust secures Sharpe Ratio (or Efficiency) of 0.2, which denotes the etf had a 0.2% return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for DBX ETF Trust, which you can use to evaluate the volatility of the entity. Please confirm DBX ETF's Downside Deviation of 0.6404, market risk adjusted performance of 0.1518, and Mean Deviation of 0.4956 to check if the risk estimate we provide is consistent with the expected return of 0.12%.
DBX Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 16.69 | 200 Day MA 49.7752 | 1 y Volatility 10.25 | 50 Day MA 52.6133 | Inception Date 2018-04-04 |
DBX |
Sharpe Ratio = 0.1953
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Estimated Market Risk
| 0.61 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average DBX ETF 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 DBX ETF by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 229.4 K |
DBX ETF Valuation on November 12, 2024
It is possible to determine the worth of DBX ETF on a given historical date. On November 12, 2024 DBX was worth 53.91 at the beginning of the trading date compared to the closed value of 53.7. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of DBX ETF etf. Still, in general, we apply an absolute valuation method to find DBX ETF'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 DBX ETF where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against DBX ETF's related companies.
| Open | High | Low | Close | Volume | |
| 54.10 | 54.12 | 53.91 | 53.92 | 3,451 | |
11/12/2024 | 53.91 | 53.91 | 53.70 | 53.70 | 3,779 |
| 53.69 | 53.91 | 53.69 | 53.81 | 5,400 |
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DBX ETF Trading Date Momentum on November 12, 2024
| On November 13 2024 DBX ETF Trust was traded for 53.81 at the closing time. The top price for the day was 53.91 and the lowest listed price was 53.69 . The trading volume for the day was 5.4 K. The trading history from November 13, 2024 was a factor to the next trading day price gain. The trading delta at closing time against the next closing price was 0.20% . The overall trading delta against the current closing price is 0.17% . |
DBX ETF Trust Fundamentals Correlations and Trends
By evaluating DBX ETF'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 DBX ETF's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. DBX financial account trend analysis is a perfect complement when working with valuation or volatility modules.About DBX ETF Etf history
DBX ETF 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 DBX is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in DBX ETF Trust 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 DBX ETF stock prices may prove useful in developing a viable investing in DBX ETF
DBX ETF Etf Technical Analysis
DBX ETF 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
DBX ETF Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
DBX ETF Trust 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.
DBX ETF December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how DBX ETF etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading DBX ETF shares will generate the highest return on investment. By undertsting and applying DBX ETF etf market strength indicators, traders can identify DBX ETF Trust entry and exit signals to maximize returns
DBX ETF Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for DBX ETF's price direction in advance. Along with the technical and fundamental analysis of DBX Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of DBX 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 | 0.135 | |||
| Jensen Alpha | 0.0104 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.1418 |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in DBX ETF Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
The market value of DBX ETF Trust is measured differently than its book value, which is the value of DBX that is recorded on the company's balance sheet. Investors also form their own opinion of DBX ETF's value that differs from its market value or its book value, called intrinsic value, which is DBX ETF'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 DBX ETF's market value can be influenced by many factors that don't directly affect DBX ETF'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 DBX ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if DBX ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DBX ETF'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.