Db Gold Short Etf Profile

DGZ Etf  USD 7.88  0.22  2.87%   

Performance

Very Weak

 
Weak
 
Strong

Odds Of Distress

Low

 
High
 
Low
DB Gold is trading at 7.88 as of the 26th of February 2025; that is 2.87% increase since the beginning of the trading day. The etf's open price was 7.66. DB Gold has less than a 10 % chance of experiencing some financial distress in the next two years of operation, but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 27th of January 2025 and ending today, the 26th of February 2025. Click here to learn more.
The index is intended to reflect changes in the market value of certain gold futures contracts and is comprised of a single unfunded gold futures contract. DB Gold is traded on NYSEARCA Exchange in the United States. More on DB Gold Short

Moving together with DGZ Etf

  0.73ZSL ProShares UltraShortPairCorr
  0.89GLL ProShares UltraShort GoldPairCorr
  0.81GDXD MicroSectors Gold Miners Buyout TrendPairCorr
  0.67DZZ DB Gold DoublePairCorr

Moving against DGZ Etf

  0.74MLPR ETRACS Quarterly PayPairCorr
  0.65ATMP Barclays ETN SelectPairCorr
  0.38XOM Exxon Mobil CorpPairCorr
  0.35FNGO MicroSectors FANG IndexPairCorr

DGZ Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationGold ETFs, Precious Metals ETFs, Trading--Inverse Commodities, Deutsche Bank AG (View all Sectors)
IssuerDeutsche Bank AG London
Inception Date2008-02-27
BenchmarkDeutsche Bank Liquid Commodity Index - Optimum Yield Gold
Entity TypeExchange-Traded Note
Average Trading Valume461.5
Asset TypeCommodities
CategoryPrecious Metals
FocusGold
Market ConcentrationBlended Development
RegionGlobal
Fiscal Year End30-Apr
ExchangeNYSE Arca, Inc.
Market MakerVirtu Financial
Country NameUSA
Returns Y T D(4.77)
NameDB Gold Short ETN
Currency CodeUSD
Open FigiBBG000BW0YK9
In Threey Volatility12.93
1y Volatility11.02
200 Day M A8.5425
50 Day M A8.1368
CodeDGZ
Updated At25th of February 2025
Currency NameUS Dollar
In Threey Sharp Ratio(0.94)
TypeETF
DB Gold Short [DGZ] is traded in USA and was established 2008-02-27. The fund is classified under Trading--Inverse Commodities category within Deutsche Bank AG family. The entity is thematically classified as Gold ETFs. DB Gold Short currently have 3.41 M in assets under management (AUM). , while the total return for the last 3 years was -6.3%.
Check DB Gold Probability Of Bankruptcy

DB Gold Short Risk Profiles

The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in DB Gold. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.

DB Gold Against Markets

When determining whether DB Gold Short offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of DB Gold's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Db Gold Short Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Db Gold Short Etf:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DB Gold Short. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in price.
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The market value of DB Gold Short is measured differently than its book value, which is the value of DGZ that is recorded on the company's balance sheet. Investors also form their own opinion of DB Gold's value that differs from its market value or its book value, called intrinsic value, which is DB Gold's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because DB Gold's market value can be influenced by many factors that don't directly affect DB Gold's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between DB Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if DB Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DB Gold's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.