Xtrackers Ftse Developed Etf Market Value
| DEEF Etf | USD 29.57 0.02 0.07% |
| Symbol | Xtrackers |
The market value of Xtrackers FTSE Developed 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 FTSE's value that differs from its market value or its book value, called intrinsic value, which is Xtrackers FTSE'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 FTSE's market value can be influenced by many factors that don't directly affect Xtrackers FTSE'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 FTSE's value and its price as these two are different measures arrived at by different means. Investors typically determine if Xtrackers FTSE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Xtrackers FTSE'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 FTSE '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 FTSE'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 FTSE.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in Xtrackers FTSE on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding Xtrackers FTSE Developed or generate 0.0% return on investment in Xtrackers FTSE over 720 days. Xtrackers FTSE is related to or competes with Xtrackers Russell, Xtrackers MSCI, WisdomTree Dynamic, Xtrackers MSCI, and Xtrackers MSCI. The fund will normally invest at least 80 percent of its net assets, plus the amount of any borrowings for investment pu... More
Xtrackers FTSE 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 FTSE'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 FTSE Developed upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.22) | |||
| Maximum Drawdown | 3.75 | |||
| Value At Risk | (1.30) | |||
| Potential Upside | 1.31 |
Xtrackers FTSE Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Xtrackers FTSE's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Xtrackers FTSE's standard deviation. In reality, there are many statistical measures that can use Xtrackers FTSE historical prices to predict the future Xtrackers FTSE's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.1) | |||
| Total Risk Alpha | (0.17) | |||
| Treynor Ratio | (0.10) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Xtrackers FTSE's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Xtrackers FTSE Developed Backtested Returns
Xtrackers FTSE Developed shows Sharpe Ratio of -0.0309, which attests that the etf had a -0.0309% return per unit of risk over the last 3 months. Xtrackers FTSE Developed exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Xtrackers FTSE's Standard Deviation of 0.768, mean deviation of 0.5984, and Market Risk Adjusted Performance of (0.09) to validate the risk estimate we provide. The entity maintains a market beta of 0.42, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Xtrackers FTSE's returns are expected to increase less than the market. However, during the bear market, the loss of holding Xtrackers FTSE is expected to be smaller as well.
Auto-correlation | 0.23 |
Weak predictability
Xtrackers FTSE Developed has weak predictability. Overlapping area represents the amount of predictability between Xtrackers FTSE time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd of December 2024. 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 FTSE Developed price movement. The serial correlation of 0.23 indicates that over 23.0% of current Xtrackers FTSE price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.23 | |
| Spearman Rank Test | 0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 1.16 |
Xtrackers FTSE Developed lagged returns against current returns
Autocorrelation, which is Xtrackers FTSE 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 FTSE's etf expected returns. We can calculate the autocorrelation of Xtrackers FTSE returns to help us make a trade decision. For example, suppose you find that Xtrackers FTSE 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 FTSE 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 FTSE etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Xtrackers FTSE etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Xtrackers FTSE etf over time.
Current vs Lagged Prices |
| Timeline |
Xtrackers FTSE Lagged Returns
When evaluating Xtrackers FTSE's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Xtrackers FTSE etf have on its future price. Xtrackers FTSE 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 FTSE autocorrelation shows the relationship between Xtrackers FTSE etf current value and its past values and can show if there is a momentum factor associated with investing in Xtrackers FTSE Developed.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Xtrackers FTSE Developed is a strong investment it is important to analyze Xtrackers FTSE's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Xtrackers FTSE's future performance. For an informed investment choice regarding Xtrackers Etf, refer to the following important reports:Check out Xtrackers FTSE Correlation, Xtrackers FTSE Volatility and Xtrackers FTSE Alpha and Beta module to complement your research on Xtrackers FTSE. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Xtrackers FTSE 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.