Deka EURO (Germany) Performance
| EL4G Etf | EUR 16.44 0.01 0.06% |
The etf shows a Beta (market volatility) of -0.0803, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Deka EURO are expected to decrease at a much lower rate. During the bear market, Deka EURO is likely to outperform the market.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Deka EURO STOXX has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable basic indicators, Deka EURO is not utilizing all of its potentials. The current stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
Deka |
Deka EURO Relative Risk vs. Return Landscape
If you would invest 1,688 in Deka EURO STOXX on September 17, 2024 and sell it today you would lose (44.00) from holding Deka EURO STOXX or give up 2.61% of portfolio value over 90 days. Deka EURO STOXX is producing return of less than zero assuming 0.674% volatility of returns over the 90 days investment horizon. Simply put, 6% of all etfs have less volatile historical return distribution than Deka EURO, 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 EURO Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Deka EURO's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Deka EURO STOXX, and traders can use it to determine the average amount a Deka EURO'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 = -0.057
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | EL4G |
Estimated Market Risk
| 0.67 actual daily | 5 95% of assets are more volatile |
Expected Return
| -0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Deka EURO 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 Deka EURO by adding Deka EURO to a well-diversified portfolio.
Deka EURO Fundamentals Growth
Deka Etf prices reflect investors' perceptions of the future prospects and financial health of Deka EURO, and Deka EURO 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 | 158.86 M | |||
About Deka EURO Performance
By analyzing Deka EURO's fundamental ratios, stakeholders can gain valuable insights into Deka EURO's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Deka EURO 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 EURO 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 yield performance, before fees and expense, of the EURO STOXX Select Dividend 30 index. DK EO is traded on Frankfurt Stock Exchange in Germany.| Deka EURO STOXX generated a negative expected return over the last 90 days | |
| Deka EURO STOXX generated five year return of -3.0% | |
| This fund retains all of its assets under management (AUM) in equities |
Other Information on Investing in Deka Etf
Deka EURO 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 EURO security.