Deka STOXX Financials
| EL4D Etf | EUR 29.01 0.03 0.10% |
Deka |
The data published in Deka STOXX's official financial statements typically reflect Deka STOXX'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 Deka STOXX's quantitative information. For example, before you start analyzing numbers published by Deka accountants, it's essential to understand Deka STOXX's liquidity, profitability, and earnings quality within the context of the Deka Investment GmbH space in which it operates.
Deka STOXX Etf Summary
Deka STOXX competes with UBS Fund, Xtrackers, Xtrackers Nikkei, IShares VII, and SPDR Gold. The investment seeks to track the price and performance yield, before fees and expenses, of the STOXX Europe Strong Value 20 index. DK STOXX is traded on Frankfurt Stock Exchange in Germany.| Instrument | Germany Etf |
| Exchange | Frankfurt Exchange |
| ISIN | DE000ETFL045 |
| Region | Others |
| Investment Issuer | Others |
| Etf Family | Deka Investment GmbH |
| Benchmark | Dow Jones Industrial |
| Currency | EUR - Euro |
You should never invest in Deka STOXX without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Deka Etf, because this is throwing your money away. Analyzing the key information contained in Deka STOXX's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Deka STOXX Key Financial Ratios
There are many critical financial ratios that Deka STOXX's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Deka STOXX Europe reports annually and quarterly.Deka Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Deka STOXX's current stock value. Our valuation model uses many indicators to compare Deka STOXX value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Deka STOXX competition to find correlations between indicators driving Deka STOXX's intrinsic value. More Info.Deka STOXX Europe 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 Deka STOXX's earnings, one of the primary drivers of an investment's value.Deka STOXX Europe Systematic Risk
Deka STOXX's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Deka STOXX 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.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Deka STOXX Europe correlated with the market. If Beta is less than 0 Deka STOXX generally moves in the opposite direction as compared to the market. If Deka STOXX Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Deka STOXX Europe is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Deka STOXX is generally in the same direction as the market. If Beta > 1 Deka STOXX moves generally in the same direction as, but more than the movement of the benchmark.
Deka STOXX December 16, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Deka STOXX help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Deka STOXX Europe. We use our internally-developed statistical techniques to arrive at the intrinsic value of Deka STOXX Europe based on widely used predictive technical indicators. In general, we focus on analyzing Deka Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Deka STOXX's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.9462 | |||
| Information Ratio | 0.0907 | |||
| Maximum Drawdown | 8.76 | |||
| Value At Risk | (1.54) | |||
| Potential Upside | 1.76 |
Other Information on Investing in Deka Etf
Deka STOXX financial ratios help investors to determine whether Deka 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 Deka with respect to the benefits of owning Deka STOXX security.