Xtrackers LevDAX (Germany) Performance
| DBPE Etf | EUR 234.90 3.40 1.47% |
The entity maintains a market beta of 0.0289, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Xtrackers LevDAX's returns are expected to increase less than the market. However, during the bear market, the loss of holding Xtrackers LevDAX is expected to be smaller as well.
Risk-Adjusted Performance
18 of 100
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Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Xtrackers LevDAX are ranked lower than 18 (%) of all global equities and portfolios over the last 90 days. Despite nearly unsteady basic indicators, Xtrackers LevDAX reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Fifty Two Week Low | 77.14 | |
| Fifty Two Week High | 121.88 |
Xtrackers |
Xtrackers LevDAX Relative Risk vs. Return Landscape
If you would invest 18,668 in Xtrackers LevDAX on November 2, 2024 and sell it today you would earn a total of 4,822 from holding Xtrackers LevDAX or generate 25.83% return on investment over 90 days. Xtrackers LevDAX is generating 0.4053% of daily returns assuming 1.7725% volatility of returns over the 90 days investment horizon. Simply put, 15% of all etfs have less volatile historical return distribution than Xtrackers LevDAX, and 92% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Xtrackers LevDAX Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Xtrackers LevDAX's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Xtrackers LevDAX, and traders can use it to determine the average amount a Xtrackers LevDAX'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 = 0.2287
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.77 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.41 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.23 actual daily | 18 82% of assets perform better |
Based on monthly moving average Xtrackers LevDAX is performing at about 18% of its full potential. 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 LevDAX by adding it to a well-diversified portfolio.
Xtrackers LevDAX Fundamentals Growth
Xtrackers Etf prices reflect investors' perceptions of the future prospects and financial health of Xtrackers LevDAX, and Xtrackers LevDAX 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 | 55.22 M | |||
About Xtrackers LevDAX Performance
By analyzing Xtrackers LevDAX's fundamental ratios, stakeholders can gain valuable insights into Xtrackers LevDAX's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Xtrackers LevDAX 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 LevDAX 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 LevDAX Index which provides two times the performance of the DAX Index on a daily basis less a rate of interest. XTR LEVDAX is traded on Frankfurt Stock Exchange in Germany.| The fund retains all of the assets under management (AUM) in different types of exotic instruments |
Other Information on Investing in Xtrackers Etf
Xtrackers LevDAX 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 LevDAX security.