Lg Dax Daily Etf Net Asset
| DES2 Etf | EUR 0.94 0.02 2.17% |
LG DAX Daily fundamentals help investors to digest information that contributes to LG DAX's financial success or failures. It also enables traders to predict the movement of DES2 Etf. The fundamental analysis module provides a way to measure LG DAX'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 LG DAX etf.
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LG DAX Daily ETF Net Asset Analysis
LG DAX's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current LG DAX Net Asset | 51.44 M |
Most of LG DAX's fundamental indicators, such as Net Asset, 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, LG DAX Daily is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
| Competition |
Based on the recorded statements, LG DAX Daily has a Net Asset of 51.44 M. This is much higher than that of the LGIM Managers (Europe) Limited family and significantly higher than that of the Net Asset category. The net asset for all Germany etfs is notably lower than that of the firm.
DES2 Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses LG DAX's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of LG DAX could also be used in its relative valuation, which is a method of valuing LG DAX by comparing valuation metrics of similar companies.LG DAX is currently under evaluation in net asset as compared to similar ETFs.
DES2 Fundamentals
| Total Asset | 51.44 M | |||
| One Year Return | (46.91) % | |||
| Three Year Return | (21.44) % | |||
| Five Year Return | (26.31) % | |||
| Ten Year Return | (24.74) % | |||
| Net Asset | 51.44 M |
About LG DAX Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze LG DAX Daily's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of LG DAX using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of LG DAX Daily based on its fundamental data. In general, a quantitative approach, as applied to this etf, 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.
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Other Information on Investing in DES2 Etf
LG DAX financial ratios help investors to determine whether DES2 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 DES2 with respect to the benefits of owning LG DAX security.