Deka IBoxx (Germany) Performance
| EFQ8 Etf | EUR 99.37 0.26 0.26% |
The etf shows a Beta (market volatility) of 0.0495, which means not very significant fluctuations relative to the market. As returns on the market increase, Deka IBoxx's returns are expected to increase less than the market. However, during the bear market, the loss of holding Deka IBoxx is expected to be smaller as well.
Risk-Adjusted Performance
5 of 100
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Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Deka iBoxx EUR are ranked lower than 5 (%) of all global equities and portfolios over the last 90 days. Despite nearly stable basic indicators, Deka IBoxx is not utilizing all of its potentials. The current stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
| Fifty Two Week Low | 105.14 | |
| Fifty Two Week High | 113.72 |
Deka |
Deka IBoxx Relative Risk vs. Return Landscape
If you would invest 9,832 in Deka iBoxx EUR on September 21, 2024 and sell it today you would earn a total of 105.00 from holding Deka iBoxx EUR or generate 1.07% return on investment over 90 days. Deka iBoxx EUR is generating 0.0169% of daily returns assuming 0.2404% volatility of returns over the 90 days investment horizon. Simply put, 2% of all etfs have less volatile historical return distribution than Deka IBoxx, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Deka IBoxx Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Deka IBoxx's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Deka iBoxx EUR, and traders can use it to determine the average amount a Deka IBoxx's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0702
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| Negative Returns | EFQ8 |
Estimated Market Risk
| 0.24 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Deka IBoxx is performing at about 5% of its full potential. 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 Deka IBoxx by adding it to a well-diversified portfolio.
Deka IBoxx Fundamentals Growth
Deka Etf prices reflect investors' perceptions of the future prospects and financial health of Deka IBoxx, and Deka IBoxx fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Deka Etf performance.
| Total Asset | 307.12 M | |||
About Deka IBoxx Performance
By analyzing Deka IBoxx's fundamental ratios, stakeholders can gain valuable insights into Deka IBoxx's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Deka IBoxx has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Deka IBoxx has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
The investment seeks to track the price and performance yield, before fees and expenses, of the iBoxx Liquid Non-Financials Diversified index. Deka iBoxx is traded on Frankfurt Stock Exchange in Germany.| The fund retains about 100.0% of its assets under management (AUM) in fixed income securities |
Other Information on Investing in Deka Etf
Deka IBoxx 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 IBoxx security.