Xtrackers Nikkei (Germany) Price on October 31, 2024
| XDJP Etf | EUR 24.41 0.23 0.93% |
If you're considering investing in Xtrackers Etf, it is important to understand the factors that can impact its price. As of today, the current price of Xtrackers Nikkei stands at 24.41, as last reported on the 29th of November, with the highest price reaching 24.63 and the lowest price hitting 24.37 during the day. At this point, Xtrackers Nikkei is very steady. Xtrackers Nikkei 225 shows Sharpe Ratio of 5.0E-4, which attests that the etf had a 5.0E-4% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Xtrackers Nikkei 225, which you can use to evaluate the volatility of the etf. Please check out Xtrackers Nikkei's Downside Deviation of 1.27, mean deviation of 0.9302, and Market Risk Adjusted Performance of 0.0095 to validate if the risk estimate we provide is consistent with the expected return of 6.0E-4%.
Xtrackers Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Xtrackers |
Sharpe Ratio = 5.0E-4
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| Negative Returns | XDJP |
Estimated Market Risk
| 1.25 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Xtrackers Nikkei 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 Xtrackers Nikkei by adding Xtrackers Nikkei to a well-diversified portfolio.
Xtrackers Nikkei Valuation on October 31, 2024
It is possible to determine the worth of Xtrackers Nikkei on a given historical date. On October 31, 2024 Xtrackers was worth 24.1 at the beginning of the trading date compared to the closed value of 23.85. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Xtrackers Nikkei etf. Still, in general, we apply an absolute valuation method to find Xtrackers Nikkei'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 Xtrackers Nikkei where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Xtrackers Nikkei's related companies.
| Open | High | Low | Close | Volume | |
| 24.65 | 24.67 | 24.33 | 24.36 | 1.00 | |
10/31/2024 | 24.10 | 24.13 | 23.82 | 23.85 | 3,293 |
| 23.70 | 24.08 | 23.70 | 24.01 | 1.00 |
| Backtest Xtrackers Nikkei | | | Xtrackers Nikkei History | | | Xtrackers Nikkei Valuation | Previous | Next |
Xtrackers Nikkei Trading Date Momentum on October 31, 2024
| On November 01 2024 Xtrackers Nikkei 225 was traded for 24.01 at the closing time. The maximum traded price for the trading interval was 24.08 and the lowest daily price was 23.70 . There was no trading activity during the period 1.0. Lack of trading volume on 1st of November 2024 played a part in the next trading day price rise. The trading price change to the next closing price was 0.67% . The trading price change to the closing price today is 4.49% . |
Xtrackers Nikkei 225 Fundamentals Correlations and Trends
By evaluating Xtrackers Nikkei'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 Xtrackers Nikkei's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Xtrackers financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Xtrackers Nikkei Etf history
Xtrackers Nikkei 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 Xtrackers is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Xtrackers Nikkei 225 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 Xtrackers Nikkei stock prices may prove useful in developing a viable investing in Xtrackers Nikkei
The aim is for the investment to reflect the performance of the Nikkei Stock Average Index which is designed to reflect the performance of the Japanese stock market, specifically the 225 stocks listed on the Tokyo Stock Exchange First Section. XTR NIKKEI is traded on Frankfurt Stock Exchange in Germany.
Xtrackers Nikkei Etf Technical Analysis
Xtrackers Nikkei 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
Xtrackers Nikkei Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Xtrackers Nikkei 225 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.
Xtrackers Nikkei November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Xtrackers Nikkei etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Xtrackers Nikkei shares will generate the highest return on investment. By undertsting and applying Xtrackers Nikkei etf market strength indicators, traders can identify Xtrackers Nikkei 225 entry and exit signals to maximize returns
Xtrackers Nikkei Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Xtrackers Nikkei's price direction in advance. Along with the technical and fundamental analysis of Xtrackers Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Xtrackers 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 | 0.0097 | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.19) | |||
| Sortino Ratio | (0.09) | |||
| Treynor Ratio | (0.0005) |
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Other Information on Investing in Xtrackers Etf
Xtrackers Nikkei financial ratios help investors to determine whether Xtrackers 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 Xtrackers with respect to the benefits of owning Xtrackers Nikkei security.