Dbx Etf Trust Etf Net Income
USNZ Etf | USD 37.79 0.25 0.67% |
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 Etf. 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 etf.
DBX |
DBX ETF Trust ETF Net Income Analysis
DBX ETF's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition |
Based on the recorded statements, DBX ETF Trust reported net income of 0.0. This indicator is about the same for the DWS average (which is currently at 0.0) family and about the same as Large Blend (which currently averages 0.0) category. This indicator is about the same for all United States etfs average (which is currently at 0.0).
DBX Net Income 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 Net Income to detect undervalued stocks with similar characteristics or determine the etfs 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 net income as compared to similar ETFs.
Fund Asset Allocation for DBX ETF
The fund invests 99.78% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.Asset allocation divides DBX ETF's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
DBX Fundamentals
Total Asset | 67.03 M | |||
One Year Return | 24.00 % | |||
Net Asset | 67.03 M | |||
Equity Positions Weight | 99.78 % |
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 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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Check out DBX ETF Piotroski F Score and DBX ETF Altman Z Score analysis. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
The market value of DBX ETF Trust is measured differently than its book value, which is the value of DBX that is recorded on the company's balance sheet. Investors also form their own opinion of DBX ETF's value that differs from its market value or its book value, called intrinsic value, which is DBX ETF's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because DBX ETF's market value can be influenced by many factors that don't directly affect DBX ETF's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between DBX ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if DBX ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DBX ETF's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.