Xtrackers Semiconductor Select Etf Market Value
| CHPS Etf | 47.31 0.12 0.25% |
| Symbol | Xtrackers |
The market value of Xtrackers Semiconductor 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 Semiconductor's value that differs from its market value or its book value, called intrinsic value, which is Xtrackers Semiconductor'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 Semiconductor's market value can be influenced by many factors that don't directly affect Xtrackers Semiconductor'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 Semiconductor's value and its price as these two are different measures arrived at by different means. Investors typically determine if Xtrackers Semiconductor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Xtrackers Semiconductor'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.
Xtrackers Semiconductor 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Xtrackers Semiconductor's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Xtrackers Semiconductor.
| 01/01/2025 |
| 12/27/2025 |
If you would invest 0.00 in Xtrackers Semiconductor on January 1, 2025 and sell it all today you would earn a total of 0.00 from holding Xtrackers Semiconductor Select or generate 0.0% return on investment in Xtrackers Semiconductor over 360 days. Xtrackers Semiconductor is related to or competes with Xtrackers Cybersecurity, IShares Energy, TCW Transform, ProShares Nasdaq, PGIM Laddered, Innovator ETFs, and AIM ETF. Xtrackers Semiconductor is entity of United States More
Xtrackers Semiconductor Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Xtrackers Semiconductor's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Xtrackers Semiconductor Select upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.39 | |||
| Information Ratio | 0.0978 | |||
| Maximum Drawdown | 8.95 | |||
| Value At Risk | (3.96) | |||
| Potential Upside | 3.03 |
Xtrackers Semiconductor Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Xtrackers Semiconductor's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Xtrackers Semiconductor's standard deviation. In reality, there are many statistical measures that can use Xtrackers Semiconductor historical prices to predict the future Xtrackers Semiconductor's volatility.| Risk Adjusted Performance | 0.1024 | |||
| Jensen Alpha | 0.1548 | |||
| Total Risk Alpha | 0.066 | |||
| Sortino Ratio | 0.0858 | |||
| Treynor Ratio | 0.1607 |
Xtrackers Semiconductor Backtested Returns
Xtrackers Semiconductor appears to be very steady, given 3 months investment horizon. Xtrackers Semiconductor shows Sharpe Ratio of 0.14, which attests that the etf had a 0.14 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Xtrackers Semiconductor, which you can use to evaluate the volatility of the etf. Please utilize Xtrackers Semiconductor's Market Risk Adjusted Performance of 0.1707, downside deviation of 2.39, and Mean Deviation of 1.66 to validate if our risk estimates are consistent with your expectations. The entity maintains a market beta of 1.71, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Xtrackers Semiconductor will likely underperform.
Auto-correlation | -0.06 |
Very weak reverse predictability
Xtrackers Semiconductor Select has very weak reverse predictability. Overlapping area represents the amount of predictability between Xtrackers Semiconductor time series from 1st of January 2025 to 30th of June 2025 and 30th of June 2025 to 27th of December 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Xtrackers Semiconductor price movement. The serial correlation of -0.06 indicates that barely 6.0% of current Xtrackers Semiconductor price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.06 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 22.49 |
Xtrackers Semiconductor lagged returns against current returns
Autocorrelation, which is Xtrackers Semiconductor etf's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Xtrackers Semiconductor's etf expected returns. We can calculate the autocorrelation of Xtrackers Semiconductor returns to help us make a trade decision. For example, suppose you find that Xtrackers Semiconductor has exhibited high autocorrelation historically, and you observe that the etf is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Xtrackers Semiconductor regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Xtrackers Semiconductor etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Xtrackers Semiconductor etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Xtrackers Semiconductor etf over time.
Current vs Lagged Prices |
| Timeline |
Xtrackers Semiconductor Lagged Returns
When evaluating Xtrackers Semiconductor's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Xtrackers Semiconductor etf have on its future price. Xtrackers Semiconductor autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Xtrackers Semiconductor autocorrelation shows the relationship between Xtrackers Semiconductor etf current value and its past values and can show if there is a momentum factor associated with investing in Xtrackers Semiconductor Select.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Check out Xtrackers Semiconductor Correlation, Xtrackers Semiconductor Volatility and Xtrackers Semiconductor Alpha and Beta module to complement your research on Xtrackers Semiconductor. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Xtrackers Semiconductor technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.