Xtrackers Rreef Global Etf Market Value
| NRES Etf | 25.40 0.58 2.34% |
| Symbol | Xtrackers |
The market value of Xtrackers RREEF Global is measured differently than its book value, which is the value of Xtrackers that is recorded on the company's balance sheet. Investors also form their own opinion of Xtrackers RREEF's value that differs from its market value or its book value, called intrinsic value, which is Xtrackers RREEF'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 Xtrackers RREEF's market value can be influenced by many factors that don't directly affect Xtrackers RREEF'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 Xtrackers RREEF's value and its price as these two are different measures arrived at by different means. Investors typically determine if Xtrackers RREEF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Xtrackers RREEF'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.
Xtrackers RREEF '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 Xtrackers RREEF's etf 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 Xtrackers RREEF.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Xtrackers RREEF on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Xtrackers RREEF Global or generate 0.0% return on investment in Xtrackers RREEF over 90 days. Xtrackers RREEF is related to or competes with Direxion Daily, SPDR SP, Direxion Daily, IShares Global, Fidelity MSCI, and Invesco MSCI. Xtrackers RREEF is entity of United States More
Xtrackers RREEF 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 Xtrackers RREEF's etf 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 Xtrackers RREEF Global upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.16 | |||
| Information Ratio | 0.1164 | |||
| Maximum Drawdown | 4.9 | |||
| Value At Risk | (1.54) | |||
| Potential Upside | 1.54 |
Xtrackers RREEF Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Xtrackers RREEF's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Xtrackers RREEF's standard deviation. In reality, there are many statistical measures that can use Xtrackers RREEF historical prices to predict the future Xtrackers RREEF's volatility.| Risk Adjusted Performance | 0.0226 | |||
| Jensen Alpha | 0.0816 | |||
| Total Risk Alpha | 0.1495 | |||
| Sortino Ratio | 0.1073 | |||
| Treynor Ratio | 0.0255 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Xtrackers RREEF'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.
Xtrackers RREEF Global Backtested Returns
Currently, Xtrackers RREEF Global is very steady. Xtrackers RREEF Global shows Sharpe Ratio of 0.0717, which attests that the etf had a 0.0717 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Xtrackers RREEF Global, which you can use to evaluate the volatility of the etf. Please check out Xtrackers RREEF's Mean Deviation of 0.8391, downside deviation of 1.16, and Market Risk Adjusted Performance of 0.0355 to validate if the risk estimate we provide is consistent with the expected return of 0.0754%. The entity maintains a market beta of 0.61, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Xtrackers RREEF's returns are expected to increase less than the market. However, during the bear market, the loss of holding Xtrackers RREEF is expected to be smaller as well.
Auto-correlation | -0.55 |
Good reverse predictability
Xtrackers RREEF Global has good reverse predictability. Overlapping area represents the amount of predictability between Xtrackers RREEF 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 Xtrackers RREEF Global price movement. The serial correlation of -0.55 indicates that about 55.0% of current Xtrackers RREEF price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.55 | |
| Spearman Rank Test | -0.46 | |
| Residual Average | 0.0 | |
| Price Variance | 0.16 |
Xtrackers RREEF Global lagged returns against current returns
Autocorrelation, which is Xtrackers RREEF etf'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 Xtrackers RREEF's etf expected returns. We can calculate the autocorrelation of Xtrackers RREEF returns to help us make a trade decision. For example, suppose you find that Xtrackers RREEF has exhibited high autocorrelation historically, and you observe that the etf 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 |
Xtrackers RREEF 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 Xtrackers RREEF etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Xtrackers RREEF etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Xtrackers RREEF etf over time.
Current vs Lagged Prices |
| Timeline |
Xtrackers RREEF Lagged Returns
When evaluating Xtrackers RREEF's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Xtrackers RREEF etf have on its future price. Xtrackers RREEF 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, Xtrackers RREEF autocorrelation shows the relationship between Xtrackers RREEF etf current value and its past values and can show if there is a momentum factor associated with investing in Xtrackers RREEF Global.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Check out Xtrackers RREEF Correlation, Xtrackers RREEF Volatility and Xtrackers RREEF Alpha and Beta module to complement your research on Xtrackers RREEF. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Xtrackers RREEF technical etf 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, etf market cycles, or different charting patterns.