LG DAX (Germany) Price on December 17, 2024
| DES2 Etf | 0.93 0.01 1.09% |
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 0.93, as last reported on the 6th of January, with the highest price reaching 0.94 and the lowest price hitting 0.92 during the day. LG DAX Daily retains Efficiency (Sharpe Ratio) of -0.0725, which conveys that the entity had a -0.0725% return per unit of price deviation over the last 3 months. LG DAX exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify LG DAX's Coefficient Of Variation of (1,379), mean deviation of 1.18, and Total Risk Alpha of (0.14) 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 = -0.0725
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Estimated Market Risk
| 1.51 actual daily | 13 87% of assets are more volatile |
Expected Return
| -0.11 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 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 17, 2024
It is possible to determine the worth of LG DAX on a given historical date. On December 17, 2024 DES2 was worth 0.9 at the beginning of the trading date compared to the closed value of 0.9. 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 | |
| 0.89 | 0.89 | 0.89 | 0.89 | 1,669,012 | |
12/17/2024 | 0.90 | 0.90 | 0.89 | 0.90 | 546,978 |
| 0.90 | 0.90 | 0.89 | 0.90 | 758,832 |
| Backtest LG DAX | | | LG DAX History | Previous | Next |
LG DAX Trading Date Momentum on December 17, 2024
| On December 18 2024 LG DAX Daily was traded for 0.90 at the closing time. The highest price during the trading period was 0.90 and the lowest recorded bid was listed for 0.89 . The volume for the day was 758.8 K. This history from December 18, 2024 did not cause price change. The trading delta at closing time to the current price is 4.44% . |
Price Boundaries
LG DAX Period Price Range
Low | January 6, 2025
| High |
0.00 | 0.00 |
LG DAX Daily cannot be verified against its exchange. Please verify the symbol is currently traded on XETRA Stock 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 January 6, 2025 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.