Xtrackers Shortdax Daily Etf Price To Earning
| XSDX Etf | CHF 10.75 0.04 0.37% |
Xtrackers ShortDAX Daily fundamentals help investors to digest information that contributes to Xtrackers ShortDAX'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 ShortDAX'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 ShortDAX etf.
Xtrackers |
Xtrackers ShortDAX Daily ETF Price To Earning Analysis
Xtrackers ShortDAX's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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Based on the latest financial disclosure, Xtrackers ShortDAX Daily has a Price To Earning of 0.0 times. This indicator is about the same for the DWS Investment S.A. (ETF) average (which is currently at 0.0) family and about the same as Price To Earning (which currently averages 0.0) category. This indicator is about the same for all Switzerland etfs average (which is currently at 0.0).
Xtrackers Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Xtrackers ShortDAX's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Xtrackers ShortDAX could also be used in its relative valuation, which is a method of valuing Xtrackers ShortDAX by comparing valuation metrics of similar companies.Xtrackers ShortDAX is currently under evaluation in price to earning as compared to similar ETFs.
Xtrackers Fundamentals
| Total Asset | 296.13 M | |||
| One Year Return | (38.55) % | |||
| Three Year Return | (12.56) % | |||
| Five Year Return | (12.28) % | |||
| Ten Year Return | (12.08) % | |||
| Net Asset | 296.13 M |
About Xtrackers ShortDAX Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Xtrackers ShortDAX Daily's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Xtrackers ShortDAX using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Xtrackers ShortDAX Daily 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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Xtrackers Etf
Xtrackers ShortDAX financial ratios help investors to determine whether Xtrackers Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Xtrackers with respect to the benefits of owning Xtrackers ShortDAX security.