LG DAX Financials
DES2 Etf | EUR 0.94 0.02 2.17% |
DES2 |
The data published in LG DAX's official financial statements typically reflect LG DAX's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving LG DAX's quantitative information. For example, before you start analyzing numbers published by DES2 accountants, it's essential to understand LG DAX's liquidity, profitability, and earnings quality within the context of the LGIM Managers (Europe) Limited space in which it operates.
LG DAX Etf Summary
LG DAX competes with UBS Fund, Xtrackers, Xtrackers Nikkei, IShares VII, and SPDR Gold. The Fund is designed to track the performance of the ShortDAX x2 Index . LG LG is traded on Frankfurt Stock Exchange in Germany.Instrument | Germany Etf |
Exchange | Frankfurt Exchange |
ISIN | IE00B4QNHZ41 |
Region | Others |
Investment Issuer | Others |
Etf Family | LGIM Managers (Europe) Limited |
Benchmark | Dow Jones Industrial |
Currency | EUR - Euro |
DES2 Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining LG DAX's current stock value. Our valuation model uses many indicators to compare LG DAX value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across LG DAX competition to find correlations between indicators driving LG DAX's intrinsic value. More Info.LG DAX Daily is rated below average in one year return as compared to similar ETFs. It is rated below average in three year return as compared to similar ETFs . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the LG DAX's earnings, one of the primary drivers of an investment's value.LG DAX Daily Systematic Risk
LG DAX's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. LG DAX volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on LG DAX Daily correlated with the market. If Beta is less than 0 LG DAX generally moves in the opposite direction as compared to the market. If LG DAX Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one LG DAX Daily is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of LG DAX is generally in the same direction as the market. If Beta > 1 LG DAX moves generally in the same direction as, but more than the movement of the benchmark.
LG DAX December 21, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of LG DAX help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of LG DAX Daily. We use our internally-developed statistical techniques to arrive at the intrinsic value of LG DAX Daily based on widely used predictive technical indicators. In general, we focus on analyzing DES2 Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build LG DAX's daily price indicators and compare them against related drivers.
Information Ratio | (0.09) | |||
Maximum Drawdown | 7.28 | |||
Value At Risk | (2.06) | |||
Potential Upside | 2.22 |
Other Information on Investing in DES2 Etf
LG DAX financial ratios help investors to determine whether DES2 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 DES2 with respect to the benefits of owning LG DAX security.