Xtrackers Russell Multifactor Etf Fundamentals
| DEUS Etf | USD 58.19 0.14 0.24% |
Xtrackers Russell Multifactor fundamentals help investors to digest information that contributes to Xtrackers Russell's financial success or failures. It also enables traders to predict the movement of Xtrackers Etf. The fundamental analysis module provides a way to measure Xtrackers Russell's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Xtrackers Russell etf.
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Xtrackers Russell Multifactor ETF Beta Analysis
Xtrackers Russell's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Xtrackers Russell Beta | 0.94 |
Most of Xtrackers Russell's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Xtrackers Russell Multifactor is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
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In accordance with the recently published financial statements, Xtrackers Russell Multifactor has a Beta of 0.94. This is much higher than that of the Xtrackers family and significantly higher than that of the Mid-Cap Blend category. The beta for all United States etfs is notably lower than that of the firm.
Xtrackers Russell Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Xtrackers Russell's current stock value. Our valuation model uses many indicators to compare Xtrackers Russell value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Xtrackers Russell competition to find correlations between indicators driving Xtrackers Russell's intrinsic value. More Info.Xtrackers Russell Multifactor is rated # 3 ETF in price to earning as compared to similar ETFs. It is one of the top ETFs in price to book as compared to similar ETFs fabricating about 0.14 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Xtrackers Russell Multifactor is roughly 6.97 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Xtrackers Russell by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Xtrackers Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Xtrackers Russell's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Xtrackers Russell could also be used in its relative valuation, which is a method of valuing Xtrackers Russell by comparing valuation metrics of similar companies.Xtrackers Russell is currently under evaluation in beta as compared to similar ETFs.
Fund Asset Allocation for Xtrackers Russell
The fund invests 99.91% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.Asset allocation divides Xtrackers Russell's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Xtrackers Russell returns are very sensitive to returns on the market. As the market goes up or down, Xtrackers Russell is expected to follow.
Xtrackers Fundamentals
| Price To Earning | 19.23 X | |||
| Price To Book | 2.76 X | |||
| Price To Sales | 1.34 X | |||
| Number Of Employees | 406 | |||
| Beta | 0.94 | |||
| Total Asset | 117.49 M | |||
| One Year Return | 30.20 % | |||
| Three Year Return | 8.20 % | |||
| Five Year Return | 11.90 % | |||
| Net Asset | 117.49 M | |||
| Last Dividend Paid | 0.12 | |||
| Equity Positions Weight | 99.91 % |
About Xtrackers Russell Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Xtrackers Russell Multifactor's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Xtrackers Russell using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Xtrackers Russell Multifactor based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.The fund, using a passive or indexing investment approach, seeks investment results that correspond generally to the performance of the underlying index, which is designed to track the equity market performance of companies in the United States selected on the investment style criteria of value, momentum, quality, low volatility and size. Xt Russell is traded on NYSEARCA Exchange in the United States.
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Check out Xtrackers Russell Piotroski F Score and Xtrackers Russell Altman Z Score analysis. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
The market value of Xtrackers Russell 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 Russell's value that differs from its market value or its book value, called intrinsic value, which is Xtrackers Russell'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 Russell's market value can be influenced by many factors that don't directly affect Xtrackers Russell'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 Russell's value and its price as these two are different measures arrived at by different means. Investors typically determine if Xtrackers Russell is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Xtrackers Russell'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.