Xtrackers Emerging Markets Etf Fundamentals
| EMCR Etf | USD 30.79 0.08 0.26% |
Xtrackers Emerging Markets fundamentals help investors to digest information that contributes to Xtrackers Emerging'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 Emerging'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 Emerging etf.
Xtrackers |
Xtrackers Emerging Markets ETF Beta Analysis
Xtrackers Emerging'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 Emerging Beta | 0.95 |
Most of Xtrackers Emerging'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 Emerging Markets 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 Emerging Markets has a Beta of 0.95. This is much higher than that of the Xtrackers family and significantly higher than that of the Diversified Emerging Mkts category. The beta for all United States etfs is notably lower than that of the firm.
Xtrackers Emerging Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Xtrackers Emerging's current stock value. Our valuation model uses many indicators to compare Xtrackers Emerging value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Xtrackers Emerging competition to find correlations between indicators driving Xtrackers Emerging's intrinsic value. More Info.Xtrackers Emerging Markets is one of the top ETFs in price to earning as compared to similar ETFs. It also is one of the top ETFs in price to book as compared to similar ETFs fabricating about 0.11 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Xtrackers Emerging Markets is roughly 9.15 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Xtrackers Emerging 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 Emerging'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 Emerging could also be used in its relative valuation, which is a method of valuing Xtrackers Emerging by comparing valuation metrics of similar companies.Xtrackers Emerging is currently under evaluation in beta as compared to similar ETFs.
Fund Asset Allocation for Xtrackers Emerging
The fund consists of 98.73% investments in stocks, with the rest of investments allocated between various types of exotic instruments.Asset allocation divides Xtrackers Emerging'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 Emerging returns are very sensitive to returns on the market. As the market goes up or down, Xtrackers Emerging is expected to follow.
Xtrackers Fundamentals
| Price To Earning | 15.10 X | |||
| Price To Book | 1.65 X | |||
| Price To Sales | 1.22 X | |||
| Number Of Employees | 227 | |||
| Beta | 0.95 | |||
| Total Asset | 435.94 M | |||
| One Year Return | 14.70 % | |||
| Three Year Return | (0.80) % | |||
| Five Year Return | 4.50 % | |||
| Net Asset | 435.94 M | |||
| Equity Positions Weight | 98.73 % |
About Xtrackers Emerging Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Xtrackers Emerging Markets's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Xtrackers Emerging using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Xtrackers Emerging Markets 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 indexis comprised of large and mid-capitalization companies in emerging markets countries that meet certain ESG criteria andor have committed to greenhouse gas emissions reduction targets. Xt EM is traded on NYSEARCA Exchange in the United States.
Pair Trading with Xtrackers Emerging
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Xtrackers Emerging position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Xtrackers Emerging will appreciate offsetting losses from the drop in the long position's value.Moving together with Xtrackers Etf
| 1.0 | VWO | Vanguard FTSE Emerging | PairCorr |
| 0.98 | IEMG | iShares Core MSCI | PairCorr |
| 0.94 | EMC | Global X Funds | PairCorr |
| 0.98 | EEM | iShares MSCI Emerging | PairCorr |
| 1.0 | SPEM | SPDR Portfolio Emerging Sell-off Trend | PairCorr |
Moving against Xtrackers Etf
| 0.79 | HUM | Humana Inc Fiscal Year End 23rd of January 2025 | PairCorr |
The ability to find closely correlated positions to Xtrackers Emerging could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Xtrackers Emerging when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Xtrackers Emerging - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Xtrackers Emerging Markets to buy it.
The correlation of Xtrackers Emerging is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Xtrackers Emerging moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Xtrackers Emerging moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Xtrackers Emerging can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Xtrackers Emerging Piotroski F Score and Xtrackers Emerging Altman Z Score analysis. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
The market value of Xtrackers Emerging 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 Emerging's value that differs from its market value or its book value, called intrinsic value, which is Xtrackers Emerging'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 Emerging's market value can be influenced by many factors that don't directly affect Xtrackers Emerging'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 Emerging's value and its price as these two are different measures arrived at by different means. Investors typically determine if Xtrackers Emerging is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Xtrackers Emerging'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.