Xtrackers California Municipal Etf Performance

Xtrackers California Relative Risk vs. Return Landscape

If you would invest  2,507  in Xtrackers California Municipal on September 1, 2024 and sell it today you would earn a total of  43.00  from holding Xtrackers California Municipal or generate 1.72% return on investment over 90 days. Xtrackers California Municipal is generating 0.0273% of daily returns and assumes 0.262% volatility on return distribution over the 90 days horizon. Put differently, 2% of etfs are less risky than Xtrackers on the basis of their historical return distribution, and some 99% of all equities are expected to be superior in generating returns on investments over the next 90 days.Allowing for the 90-day total investment horizon Xtrackers California is expected to generate 5.49 times less return on investment than the market. But when comparing it to its historical volatility, the company is 2.86 times less risky than the market. It trades about 0.1 of its potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.2 of returns per unit of risk over similar time horizon.

Xtrackers California Market Risk Analysis

Xtrackers California Fundamentals Growth

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 Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

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.