Db Gold Double Etf Market Value
| DGP Etf | USD 209.15 0.00 0.00% |
| Symbol | DGP |
Investors evaluate DB Gold Double using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating DB Gold's intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. External factors like market trends, sector rotation, and investor psychology can cause DB Gold's market price to deviate significantly from intrinsic value.
It's important to distinguish between DB Gold's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding DB Gold should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Conversely, DB Gold's market price signifies the transaction level at which participants voluntarily complete trades.
DB Gold '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 DB Gold'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 DB Gold.
| 11/11/2025 |
| 02/09/2026 |
If you would invest 0.00 in DB Gold on November 11, 2025 and sell it all today you would earn a total of 0.00 from holding DB Gold Double or generate 0.0% return on investment in DB Gold over 90 days. DB Gold is related to or competes with Invesco DB, United States, Innovator, SGI Enhanced, Rockefeller Opportunistic, American Beacon, and Franklin Focused. The index is intended to reflect changes in the market value of certain gold futures contracts and is comprised of a sin... More
DB Gold 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 DB Gold'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 DB Gold Double upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.83 | |||
| Information Ratio | 0.1458 | |||
| Maximum Drawdown | 24.56 | |||
| Value At Risk | (6.60) | |||
| Potential Upside | 6.34 |
DB Gold Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for DB Gold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as DB Gold's standard deviation. In reality, there are many statistical measures that can use DB Gold historical prices to predict the future DB Gold's volatility.| Risk Adjusted Performance | 0.1436 | |||
| Jensen Alpha | 0.5698 | |||
| Total Risk Alpha | 0.2658 | |||
| Sortino Ratio | 0.1198 | |||
| Treynor Ratio | 0.5922 |
DB Gold February 9, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1436 | |||
| Market Risk Adjusted Performance | 0.6022 | |||
| Mean Deviation | 2.51 | |||
| Semi Deviation | 3.99 | |||
| Downside Deviation | 4.83 | |||
| Coefficient Of Variation | 594.0 | |||
| Standard Deviation | 3.97 | |||
| Variance | 15.76 | |||
| Information Ratio | 0.1458 | |||
| Jensen Alpha | 0.5698 | |||
| Total Risk Alpha | 0.2658 | |||
| Sortino Ratio | 0.1198 | |||
| Treynor Ratio | 0.5922 | |||
| Maximum Drawdown | 24.56 | |||
| Value At Risk | (6.60) | |||
| Potential Upside | 6.34 | |||
| Downside Variance | 23.33 | |||
| Semi Variance | 15.89 | |||
| Expected Short fall | (2.56) | |||
| Skewness | (1.19) | |||
| Kurtosis | 6.67 |
DB Gold Double Backtested Returns
DB Gold appears to be very steady, given 3 months investment horizon. DB Gold Double retains Efficiency (Sharpe Ratio) of 0.15, which denotes the etf had a 0.15 % return per unit of price deviation over the last 3 months. By examining DB Gold's technical indicators, you can evaluate if the expected return of 0.61% is justified by implied risk. Please utilize DB Gold's Market Risk Adjusted Performance of 0.6022, standard deviation of 3.97, and Downside Deviation of 4.83 to check if our risk estimates are consistent with your expectations. The entity owns a Beta (Systematic Risk) of 1.11, which means a somewhat significant risk relative to the market. DB Gold returns are very sensitive to returns on the market. As the market goes up or down, DB Gold is expected to follow.
Auto-correlation | 0.61 |
Good predictability
DB Gold Double has good predictability. Overlapping area represents the amount of predictability between DB Gold time series from 11th of November 2025 to 26th of December 2025 and 26th of December 2025 to 9th of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of DB Gold Double price movement. The serial correlation of 0.61 indicates that roughly 61.0% of current DB Gold price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.61 | |
| Spearman Rank Test | 0.65 | |
| Residual Average | 0.0 | |
| Price Variance | 486.0 |
Pair Trading with DB Gold
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 DB Gold 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 DB Gold will appreciate offsetting losses from the drop in the long position's value.Moving together with DGP Etf
| 0.88 | AGQ | ProShares Ultra Silver | PairCorr |
| 1.0 | UGL | ProShares Ultra Gold | PairCorr |
| 0.94 | GDXU | MicroSectors Gold Miners | PairCorr |
| 0.65 | WTIU | UBS ETRACS Trending | PairCorr |
Moving against DGP Etf
| 0.86 | HPQ | HP Inc | PairCorr |
| 0.74 | FNGU | MicroSectors FANG Index Symbol Change | PairCorr |
| 0.68 | MSFT | Microsoft | PairCorr |
The ability to find closely correlated positions to DB Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DB Gold 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 DB Gold - 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 DB Gold Double to buy it.
The correlation of DB Gold 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 DB Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DB Gold Double 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 DB Gold 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 DB Gold Correlation, DB Gold Volatility and DB Gold Performance module to complement your research on DB Gold. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
DB Gold 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.