Xtrackers Physical (UK) Market Value
| XGLD Stock | 415.88 13.44 3.13% |
| Symbol | Xtrackers |
Xtrackers Physical '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 Physical's stock 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 Physical.
| 01/10/2024 |
| 12/30/2025 |
If you would invest 0.00 in Xtrackers Physical on January 10, 2024 and sell it all today you would earn a total of 0.00 from holding Xtrackers Physical Gold or generate 0.0% return on investment in Xtrackers Physical over 720 days. Xtrackers Physical is related to or competes with DB Physical, IShares Physical, Scottish Mortgage, Invesco Physical, and Templeton Emerging. Xtrackers Physical is entity of United Kingdom More
Xtrackers Physical 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 Physical's stock 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 Physical Gold upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.73 | |||
| Information Ratio | 0.1104 | |||
| Maximum Drawdown | 7.3 | |||
| Value At Risk | (2.47) | |||
| Potential Upside | 2.1 |
Xtrackers Physical Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Xtrackers Physical's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Xtrackers Physical's standard deviation. In reality, there are many statistical measures that can use Xtrackers Physical historical prices to predict the future Xtrackers Physical's volatility.| Risk Adjusted Performance | 0.1262 | |||
| Jensen Alpha | 0.2273 | |||
| Total Risk Alpha | 0.0796 | |||
| Sortino Ratio | 0.0869 | |||
| Treynor Ratio | (10.21) |
Xtrackers Physical Gold Backtested Returns
Currently, Xtrackers Physical Gold is very steady. Xtrackers Physical Gold shows Sharpe Ratio of 0.14, which attests that the company had a 0.14 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Xtrackers Physical Gold, which you can use to evaluate the volatility of the company. Please check out Xtrackers Physical's Mean Deviation of 0.9435, downside deviation of 1.73, and Market Risk Adjusted Performance of (10.20) to validate if the risk estimate we provide is consistent with the expected return of 0.19%. Xtrackers Physical has a performance score of 11 on a scale of 0 to 100. The firm maintains a market beta of -0.0221, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Xtrackers Physical are expected to decrease at a much lower rate. During the bear market, Xtrackers Physical is likely to outperform the market. Xtrackers Physical Gold right now maintains a risk of 1.38%. Please check out Xtrackers Physical Gold value at risk, downside variance, and the relationship between the maximum drawdown and potential upside , to decide if Xtrackers Physical Gold will be following its historical returns.
Auto-correlation | 0.92 |
Excellent predictability
Xtrackers Physical Gold has excellent predictability. Overlapping area represents the amount of predictability between Xtrackers Physical time series from 10th of January 2024 to 4th of January 2025 and 4th of January 2025 to 30th 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 Physical Gold price movement. The serial correlation of 0.92 indicates that approximately 92.0% of current Xtrackers Physical price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.92 | |
| Spearman Rank Test | 0.91 | |
| Residual Average | 0.0 | |
| Price Variance | 2080.22 |
Xtrackers Physical Gold lagged returns against current returns
Autocorrelation, which is Xtrackers Physical stock'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 Physical's stock expected returns. We can calculate the autocorrelation of Xtrackers Physical returns to help us make a trade decision. For example, suppose you find that Xtrackers Physical has exhibited high autocorrelation historically, and you observe that the stock 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 Physical 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 Physical stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Xtrackers Physical stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Xtrackers Physical stock over time.
Current vs Lagged Prices |
| Timeline |
Xtrackers Physical Lagged Returns
When evaluating Xtrackers Physical's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Xtrackers Physical stock have on its future price. Xtrackers Physical 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 Physical autocorrelation shows the relationship between Xtrackers Physical stock current value and its past values and can show if there is a momentum factor associated with investing in Xtrackers Physical Gold.
Regressed Prices |
| Timeline |
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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.Additional Tools for Xtrackers Stock Analysis
When running Xtrackers Physical's price analysis, check to measure Xtrackers Physical's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Xtrackers Physical is operating at the current time. Most of Xtrackers Physical's value examination focuses on studying past and present price action to predict the probability of Xtrackers Physical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Xtrackers Physical's price. Additionally, you may evaluate how the addition of Xtrackers Physical to your portfolios can decrease your overall portfolio volatility.