Dbx Etf Trust Etf Market Value
| CRTC Etf | USD 30.56 0.74 2.48% |
| Symbol | DBX |
DBX ETF 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to DBX ETF's pink sheet what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of DBX ETF.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in DBX ETF on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding DBX ETF Trust or generate 0.0% return on investment in DBX ETF over 90 days. DBX ETF is related to or competes with Freedom Day, IShares MSCI, Tidal Trust, IShares Dividend, SmartETFs Dividend, Listed Funds, and Martin Currie. More
DBX ETF Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure DBX ETF's pink sheet current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess DBX ETF Trust upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0145 | |||
| Maximum Drawdown | 4.03 | |||
| Value At Risk | (1.91) | |||
| Potential Upside | 1.44 |
DBX ETF Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for DBX ETF's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as DBX ETF's standard deviation. In reality, there are many statistical measures that can use DBX ETF historical prices to predict the future DBX ETF's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | 0.0381 | |||
| Treynor Ratio | (2.48) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of DBX ETF's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
DBX ETF Trust Backtested Returns
DBX ETF Trust secures Sharpe Ratio (or Efficiency) of -0.0795, which denotes the etf had a -0.0795 % return per unit of volatility over the last 3 months. DBX ETF Trust exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm DBX ETF's Market Risk Adjusted Performance of (2.47), mean deviation of 0.811, and Standard Deviation of 1.05 to check the risk estimate we provide. The entity shows a Beta (market volatility) of 0.0378, which means not very significant fluctuations relative to the market. As returns on the market increase, DBX ETF's returns are expected to increase less than the market. However, during the bear market, the loss of holding DBX ETF is expected to be smaller as well.
Auto-correlation | -0.64 |
Very good reverse predictability
DBX ETF Trust has very good reverse predictability. Overlapping area represents the amount of predictability between DBX ETF time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of DBX ETF Trust price movement. The serial correlation of -0.64 indicates that roughly 64.0% of current DBX ETF price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.64 | |
| Spearman Rank Test | -0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 0.85 |
DBX ETF Trust lagged returns against current returns
Autocorrelation, which is DBX ETF pink sheet's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting DBX ETF's pink sheet expected returns. We can calculate the autocorrelation of DBX ETF returns to help us make a trade decision. For example, suppose you find that DBX ETF has exhibited high autocorrelation historically, and you observe that the pink sheet is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
DBX ETF regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If DBX ETF pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if DBX ETF pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in DBX ETF pink sheet over time.
Current vs Lagged Prices |
| Timeline |
DBX ETF Lagged Returns
When evaluating DBX ETF's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of DBX ETF pink sheet have on its future price. DBX ETF autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, DBX ETF autocorrelation shows the relationship between DBX ETF pink sheet current value and its past values and can show if there is a momentum factor associated with investing in DBX ETF Trust.
Regressed Prices |
| Timeline |
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 DBX ETF Correlation, DBX ETF Volatility and DBX ETF Alpha and Beta module to complement your research on DBX ETF. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
DBX ETF technical pink sheet analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, pink sheet market cycles, or different charting patterns.