Xtrackers ShortDAX (Germany) Performance
| DBPD Etf | EUR 0.84 0.02 2.33% |
The entity maintains a market beta of -1.08, which attests to a somewhat significant risk relative to the market. As the market becomes more bullish, returns on owning Xtrackers ShortDAX are expected to decrease slowly. On the other hand, during market turmoil, Xtrackers ShortDAX is expected to outperform it slightly.
Risk-Adjusted Performance
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Over the last 90 days Xtrackers ShortDAX has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable basic indicators, Xtrackers ShortDAX is not utilizing all of its potentials. The latest stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
| Fifty Two Week Low | 3.3205 | |
| Fifty Two Week High | 5.2100 |
Xtrackers |
Xtrackers ShortDAX Relative Risk vs. Return Landscape
If you would invest 89.00 in Xtrackers ShortDAX on August 27, 2024 and sell it today you would lose (5.00) from holding Xtrackers ShortDAX or give up 5.62% of portfolio value over 90 days. Xtrackers ShortDAX is producing return of less than zero assuming 1.6273% volatility of returns over the 90 days investment horizon. Simply put, 14% of all etfs have less volatile historical return distribution than Xtrackers ShortDAX, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Xtrackers ShortDAX Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Xtrackers ShortDAX's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Xtrackers ShortDAX, and traders can use it to determine the average amount a Xtrackers ShortDAX's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0466
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| Negative Returns | DBPD |
Estimated Market Risk
| 1.63 actual daily | 14 86% of assets are more volatile |
Expected Return
| -0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Xtrackers ShortDAX is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Xtrackers ShortDAX by adding Xtrackers ShortDAX to a well-diversified portfolio.
Xtrackers ShortDAX Fundamentals Growth
Xtrackers Etf prices reflect investors' perceptions of the future prospects and financial health of Xtrackers ShortDAX, and Xtrackers ShortDAX fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Xtrackers Etf performance.
| Total Asset | 123.8 M | |||
About Xtrackers ShortDAX Performance
By analyzing Xtrackers ShortDAX's fundamental ratios, stakeholders can gain valuable insights into Xtrackers ShortDAX's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Xtrackers ShortDAX has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Xtrackers ShortDAX has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
The aim is for the investment to reflect the performance of the ShortDAX x2 Index which provides two times the opposite performance of the DAX Index on a daily basis plus a rate of interest. XTR SHORTDAX is traded on Frankfurt Stock Exchange in Germany.| Xtrackers ShortDAX generated a negative expected return over the last 90 days | |
| Xtrackers ShortDAX has some characteristics of a very speculative penny stock | |
| Xtrackers ShortDAX generated five year return of -20.0% | |
| This fund retains all of the assets under management (AUM) in different types of exotic instruments |
Other Information on Investing in Xtrackers Etf
Xtrackers ShortDAX 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 ShortDAX security.