Dbx Etf Trust Etf Performance
| SNPD Etf | 28.26 0.08 0.28% |
The entity shows a Beta (market volatility) of 0.62, which means possible diversification benefits within a given portfolio. As returns on the market increase, DBX ETF's returns are expected to increase less than the market. However, during the bear market, the loss of holding DBX ETF is expected to be smaller as well.
Risk-Adjusted Performance
6 of 100
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Modest
Compared to the overall equity markets, risk-adjusted returns on investments in DBX ETF Trust are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. In spite of rather sound basic indicators, DBX ETF is not utilizing all of its potentials. The latest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
1 | Investment Report - Stock Traders Daily | 11/19/2024 |
DBX |
DBX ETF Relative Risk vs. Return Landscape
If you would invest 2,745 in DBX ETF Trust on September 3, 2024 and sell it today you would earn a total of 81.00 from holding DBX ETF Trust or generate 2.95% return on investment over 90 days. DBX ETF Trust is currently generating 0.0472% in daily expected returns and assumes 0.5945% risk (volatility on return distribution) over the 90 days horizon. In different words, 5% of etfs are less volatile than DBX, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
DBX ETF Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for DBX ETF's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as DBX ETF Trust, and traders can use it to determine the average amount a DBX ETF's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0794
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Estimated Market Risk
| 0.59 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average DBX ETF 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 DBX ETF by adding it to a well-diversified portfolio.
DBX ETF Fundamentals Growth
DBX Etf prices reflect investors' perceptions of the future prospects and financial health of DBX ETF, and DBX ETF fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on DBX Etf performance.
| Return On Asset | -113.52 | |||
| Profit Margin | (50.83) % | |||
| Current Valuation | 5.7 M | |||
| Shares Outstanding | 111.11 M | |||
| Price To Sales | 110.89 X | |||
| Revenue | 51.1 K | |||
| EBITDA | (930.99 K) | |||
| Cash And Equivalents | 11.98 K | |||
| Cash Per Share | 0.02 X | |||
| Total Debt | 152.55 K | |||
| Book Value Per Share | (0.03) X | |||
| Cash Flow From Operations | 315.9 K | |||
| Earnings Per Share | (0.02) X | |||
| Total Asset | 29 K | |||
| Retained Earnings | (4.18 M) | |||
| Current Asset | 28 K | |||
| Current Liabilities | 3.35 M | |||
About DBX ETF Performance
By analyzing DBX ETF's fundamental ratios, stakeholders can gain valuable insights into DBX ETF's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if DBX ETF has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if DBX ETF has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Southern Products, Inc., a consumer electronics company, engages in the design, assembly, import, marketing, and sale of flat panel televisions under the Sigmac brand name.| DBX ETF Trust currently holds 152.55 K in liabilities. DBX ETF Trust has a current ratio of 0.01, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist DBX ETF until it has trouble settling it off, either with new capital or with free cash flow. So, DBX ETF's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like DBX ETF Trust sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for DBX to invest in growth at high rates of return. When we think about DBX ETF's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 51.1 K. Net Loss for the year was (1.68 M) with loss before overhead, payroll, taxes, and interest of (207.26 K). | |
| Latest headline from news.google.com: Investment Report - Stock Traders Daily |
Check out World Market Map 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 american community survey. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
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.