LG DAX (Germany) Price on December 19, 2024
| DES2 Etf | EUR 0.94 0.02 2.17% |
If you're considering investing in DES2 Etf, it is important to understand the factors that can impact its price. As of today, the current price of LG DAX stands at 0.94, as last reported on the 22nd of December, with the highest price reaching 0.95 and the lowest price hitting 0.94 during the day. LG DAX Daily retains Efficiency (Sharpe Ratio) of -0.0827, which conveys that the entity had a -0.0827% return per unit of price deviation over the last 3 months. LG DAX exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify LG DAX's Market Risk Adjusted Performance of 0.6452, mean deviation of 1.2, and Information Ratio of (0.09) to check out the risk estimate we provide.
DES2 Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
DES2 |
Sharpe Ratio = -0.0827
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| Negative Returns | DES2 |
Estimated Market Risk
| 1.54 actual daily | 13 87% of assets are more volatile |
Expected Return
| -0.13 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average LG DAX 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 LG DAX by adding LG DAX to a well-diversified portfolio.
LG DAX Valuation on December 19, 2024
It is possible to determine the worth of LG DAX on a given historical date. On December 19, 2024 DES2 was worth 0.91 at the beginning of the trading date compared to the closed value of 0.92. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of LG DAX etf. Still, in general, we apply an absolute valuation method to find LG DAX's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of LG DAX where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against LG DAX's related companies.
| Open | High | Low | Close | Volume | |
| 0.90 | 0.90 | 0.90 | 0.90 | 1.00 | |
12/19/2024 | 0.91 | 0.92 | 0.91 | 0.92 | 1.00 |
| 0.95 | 0.95 | 0.94 | 0.94 | 8,100 |
| Backtest LG DAX | | | LG DAX History | | | LG DAX Valuation | Previous | Next |
LG DAX Trading Date Momentum on December 19, 2024
| On December 20 2024 LG DAX Daily was traded for 0.94 at the closing time. The maximum traded price for the trading interval was 0.95 and the lowest daily price was 0.94 . The daily volume was recorded at 8.1 K. The volume of trading on 20th of December 2024 played a part in the next trading day price rise. The overall trading delta to the next closing price was 2.17% . The trading delta at closing time to the closing price today is 3.26% . |
LG DAX Daily Fundamentals Correlations and Trends
By evaluating LG DAX's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among LG DAX's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. DES2 financial account trend analysis is a perfect complement when working with valuation or volatility modules.About LG DAX Etf history
LG DAX investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for DES2 is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in LG DAX Daily will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing LG DAX stock prices may prove useful in developing a viable investing in LG DAX
LG DAX Etf Technical Analysis
LG DAX technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Price Boundaries
LG DAX Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
LG DAX Daily cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
LG DAX December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how LG DAX etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading LG DAX shares will generate the highest return on investment. By undertsting and applying LG DAX etf market strength indicators, traders can identify LG DAX Daily entry and exit signals to maximize returns
LG DAX Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for LG DAX's price direction in advance. Along with the technical and fundamental analysis of DES2 Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of DES2 to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.17) | |||
| Treynor Ratio | 0.6352 |
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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.