Xtrackers Russell (Switzerland) Market Value
| XRS2 Etf | USD 315.55 43.90 16.16% |
| Symbol | Xtrackers |
Xtrackers Russell '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 Russell'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 Russell.
| 11/04/2024 |
| 12/04/2024 |
If you would invest 0.00 in Xtrackers Russell on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding Xtrackers Russell 2000 or generate 0.0% return on investment in Xtrackers Russell over 30 days. Xtrackers Russell is related to or competes with Vanguard, IShares Core, Lyxor Japan, IShares Core, IShares SP, and IShares JP. The aim is for the investment to track the performance before fees and expenses of the Russell 2000 Index which is desig... More
Xtrackers Russell 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 Russell'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 Russell 2000 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0681 |
Xtrackers Russell Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Xtrackers Russell's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Xtrackers Russell's standard deviation. In reality, there are many statistical measures that can use Xtrackers Russell historical prices to predict the future Xtrackers Russell's volatility.| Risk Adjusted Performance | 0.1002 | |||
| Jensen Alpha | 0.2568 | |||
| Total Risk Alpha | (0.04) | |||
| Treynor Ratio | (1.94) |
Xtrackers Russell 2000 Backtested Returns
Xtrackers Russell appears to be very steady, given 3 months investment horizon. Xtrackers Russell 2000 shows Sharpe Ratio of 0.13, which attests that the etf had a 0.13% return per unit of risk over the last 3 months. We have found eighteen technical indicators for Xtrackers Russell 2000, which you can use to evaluate the volatility of the etf. Please utilize Xtrackers Russell's Mean Deviation of 0.4999, market risk adjusted performance of (1.93), and Standard Deviation of 2.06 to validate if our risk estimates are consistent with your expectations. The entity maintains a market beta of -0.13, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Xtrackers Russell are expected to decrease at a much lower rate. During the bear market, Xtrackers Russell is likely to outperform the market.
Auto-correlation | 0.00 |
No correlation between past and present
Xtrackers Russell 2000 has no correlation between past and present. Overlapping area represents the amount of predictability between Xtrackers Russell time series from 4th of November 2024 to 19th of November 2024 and 19th of November 2024 to 4th 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 Russell 2000 price movement. The serial correlation of 0.0 indicates that just 0.0% of current Xtrackers Russell price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 159.27 |
Xtrackers Russell 2000 lagged returns against current returns
Autocorrelation, which is Xtrackers Russell 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 Russell's etf expected returns. We can calculate the autocorrelation of Xtrackers Russell returns to help us make a trade decision. For example, suppose you find that Xtrackers Russell 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 Russell 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 Russell etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Xtrackers Russell etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Xtrackers Russell etf over time.
Current vs Lagged Prices |
| Timeline |
Xtrackers Russell Lagged Returns
When evaluating Xtrackers Russell's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Xtrackers Russell etf have on its future price. Xtrackers Russell 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 Russell autocorrelation shows the relationship between Xtrackers Russell etf current value and its past values and can show if there is a momentum factor associated with investing in Xtrackers Russell 2000.
Regressed Prices |
| Timeline |
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 Russell 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 Russell security.