Dbx Etf Trust Etf Fundamentals
| CRTC Etf | USD 29.82 0.47 1.55% |
DBX ETF Trust fundamentals help investors to digest information that contributes to DBX ETF's financial success or failures. It also enables traders to predict the movement of DBX Pink Sheet. The fundamental analysis module provides a way to measure DBX ETF's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to DBX ETF pink sheet.
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DBX ETF Trust Company Beta Analysis
DBX ETF's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current DBX ETF Beta | 4.1 |
Most of DBX ETF's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, DBX ETF Trust is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
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In accordance with the recently published financial statements, DBX ETF Trust has a Beta of 4.1. This is much higher than that of the family and significantly higher than that of the Beta category. The beta for all United States etfs is notably lower than that of the firm.
DBX Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses DBX ETF's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of DBX ETF could also be used in its relative valuation, which is a method of valuing DBX ETF by comparing valuation metrics of similar companies.DBX ETF is currently under evaluation in beta as compared to similar ETFs.
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, DBX ETF will likely underperform.
DBX Fundamentals
| Return On Asset | -50.28 | |||
| Shares Outstanding | 1.7 B | |||
| Gross Profit | 9.71 K | |||
| Net Income | (144.9 K) | |||
| Cash And Equivalents | 11.55 K | |||
| Total Debt | 139.23 K | |||
| Beta | 4.1 | |||
| Market Capitalization | 509.13 K | |||
| Z Score | 1.8 |
About DBX ETF Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze DBX ETF Trust's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of DBX ETF using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of DBX ETF Trust based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Information and Resources on Investing in DBX Pink Sheet
When determining whether DBX ETF Trust offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of DBX ETF's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Dbx Etf Trust Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Dbx Etf Trust Etf:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in DBX ETF Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.