Xtrackers Artificial Intelligence Etf Market Value
| XAIX Etf | 32.15 0.94 3.01% |
| Symbol | Xtrackers |
The market value of Xtrackers Artificial 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 Artificial's value that differs from its market value or its book value, called intrinsic value, which is Xtrackers Artificial'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 Artificial's market value can be influenced by many factors that don't directly affect Xtrackers Artificial'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 Artificial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Xtrackers Artificial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Xtrackers Artificial'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 Artificial '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 Artificial'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 Artificial.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Xtrackers Artificial on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Xtrackers Artificial Intelligence or generate 0.0% return on investment in Xtrackers Artificial over 90 days. Xtrackers Artificial is related to or competes with Amplify ETF, Humankind Benefit, American Century, Tidal Trust, IShares Transition, and FT Vest. More
Xtrackers Artificial 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 Artificial'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 Artificial Intelligence upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 6.11 | |||
| Value At Risk | (2.74) | |||
| Potential Upside | 1.69 |
Xtrackers Artificial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Xtrackers Artificial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Xtrackers Artificial's standard deviation. In reality, there are many statistical measures that can use Xtrackers Artificial historical prices to predict the future Xtrackers Artificial's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | 0.0438 | |||
| Treynor Ratio | (0.15) |
Xtrackers Artificial Backtested Returns
Xtrackers Artificial shows Sharpe Ratio of -0.0886, which attests that the etf had a -0.0886 % return per unit of risk over the last 3 months. Xtrackers Artificial exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Xtrackers Artificial's Market Risk Adjusted Performance of (0.14), mean deviation of 1.15, and Standard Deviation of 1.47 to validate the risk estimate we provide. The entity maintains a market beta of 0.93, which attests to possible diversification benefits within a given portfolio. Xtrackers Artificial returns are very sensitive to returns on the market. As the market goes up or down, Xtrackers Artificial is expected to follow.
Auto-correlation | -0.43 |
Modest reverse predictability
Xtrackers Artificial Intelligence has modest reverse predictability. Overlapping area represents the amount of predictability between Xtrackers Artificial time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 Artificial price movement. The serial correlation of -0.43 indicates that just about 43.0% of current Xtrackers Artificial price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.43 | |
| Spearman Rank Test | 0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 1.78 |
Xtrackers Artificial lagged returns against current returns
Autocorrelation, which is Xtrackers Artificial 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 Artificial's etf expected returns. We can calculate the autocorrelation of Xtrackers Artificial returns to help us make a trade decision. For example, suppose you find that Xtrackers Artificial 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 Artificial 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 Artificial etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Xtrackers Artificial etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Xtrackers Artificial etf over time.
Current vs Lagged Prices |
| Timeline |
Xtrackers Artificial Lagged Returns
When evaluating Xtrackers Artificial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Xtrackers Artificial etf have on its future price. Xtrackers Artificial 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 Artificial autocorrelation shows the relationship between Xtrackers Artificial etf current value and its past values and can show if there is a momentum factor associated with investing in Xtrackers Artificial Intelligence.
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.When determining whether Xtrackers Artificial offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Xtrackers Artificial'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 Xtrackers Artificial Intelligence Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Xtrackers Artificial Intelligence Etf:Check out Xtrackers Artificial Correlation, Xtrackers Artificial Volatility and Xtrackers Artificial Alpha and Beta module to complement your research on Xtrackers Artificial. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Xtrackers Artificial 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.