Xtrackers (Germany) Price on September 20, 2024
| XGIN Etf | 217.30 0.26 0.12% |
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 stands at 217.30, as last reported on the 2nd of December, with the highest price reaching 217.77 and the lowest price hitting 217.05 during the day. Xtrackers II Global shows Sharpe Ratio of -0.0317, which attests that the etf had a -0.0317% return per unit of risk over the last 3 months. Xtrackers II Global exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Xtrackers' Market Risk Adjusted Performance of (0.62), standard deviation of 0.3382, and Mean Deviation of 0.2743 to validate the risk estimate we provide.
Xtrackers Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Xtrackers |
Sharpe Ratio = -0.0317
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Estimated Market Risk
| 0.34 actual daily | 3 97% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Xtrackers 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 by adding Xtrackers to a well-diversified portfolio.
Xtrackers Valuation on September 20, 2024
It is possible to determine the worth of Xtrackers on a given historical date. On September 20, 2024 Xtrackers was worth 221.64 at the beginning of the trading date compared to the closed value of 220.92. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Xtrackers etf. Still, in general, we apply an absolute valuation method to find Xtrackers' 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 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Xtrackers' related companies.
| Open | High | Low | Close | Volume | |
| 221.21 | 221.58 | 220.56 | 221.32 | 675.00 | |
09/20/2024 | 221.64 | 221.64 | 220.51 | 220.92 | 1,054 |
| 220.88 | 220.95 | 218.31 | 220.45 | 758.00 |
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Xtrackers Trading Date Momentum on September 20, 2024
| On September 23 2024 Xtrackers II Global was traded for 220.45 at the closing time. The highest price during the trading period was 220.95 and the lowest recorded bid was listed for 218.31 . The volume for the day was 758. This history from September 23, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 0.21% . The trading price change to the current price is 0.48% . |
Price Boundaries
Xtrackers Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
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Xtrackers December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Xtrackers 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 shares will generate the highest return on investment. By undertsting and applying Xtrackers etf market strength indicators, traders can identify Xtrackers II Global entry and exit signals to maximize returns
Xtrackers Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Xtrackers' 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.