Xtrackers DAX (Switzerland) Market Value
| XDCH Etf | CHF 23.41 0.16 0.69% |
| Symbol | Xtrackers |
Xtrackers DAX '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 DAX'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 DAX.
| 12/25/2024 |
| 01/24/2025 |
If you would invest 0.00 in Xtrackers DAX on December 25, 2024 and sell it all today you would earn a total of 0.00 from holding Xtrackers DAX ESG or generate 0.0% return on investment in Xtrackers DAX over 30 days. Xtrackers DAX is related to or competes with UBSFund Solutions, Vanguard, IShares VII, IShares Core, Lyxor Japan, IShares Core, and IShares SP. The aim is for the investment to reflect the performance of the DAX Index which is designed to reflect the performance o... More
Xtrackers DAX 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 DAX'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 DAX ESG upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.742 | |||
| Information Ratio | 0.0603 | |||
| Maximum Drawdown | 3.46 | |||
| Value At Risk | (0.82) | |||
| Potential Upside | 1.19 |
Xtrackers DAX Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Xtrackers DAX's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Xtrackers DAX's standard deviation. In reality, there are many statistical measures that can use Xtrackers DAX historical prices to predict the future Xtrackers DAX's volatility.| Risk Adjusted Performance | 0.1102 | |||
| Jensen Alpha | 0.0753 | |||
| Total Risk Alpha | 0.0484 | |||
| Sortino Ratio | 0.0539 | |||
| Treynor Ratio | 1.11 |
Xtrackers DAX ESG Backtested Returns
At this stage we consider Xtrackers Etf to be very steady. Xtrackers DAX ESG shows Sharpe Ratio of 0.18, which attests that the etf had a 0.18 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Xtrackers DAX ESG, which you can use to evaluate the volatility of the etf. Please check out Xtrackers DAX's Market Risk Adjusted Performance of 1.12, mean deviation of 0.4695, and Downside Deviation of 0.742 to validate if the risk estimate we provide is consistent with the expected return of 0.12%. The entity maintains a market beta of 0.0704, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Xtrackers DAX's returns are expected to increase less than the market. However, during the bear market, the loss of holding Xtrackers DAX is expected to be smaller as well.
Auto-correlation | 0.72 |
Good predictability
Xtrackers DAX ESG has good predictability. Overlapping area represents the amount of predictability between Xtrackers DAX time series from 25th of December 2024 to 9th of January 2025 and 9th of January 2025 to 24th of January 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 DAX ESG price movement. The serial correlation of 0.72 indicates that around 72.0% of current Xtrackers DAX price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.72 | |
| Spearman Rank Test | 0.68 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Xtrackers DAX ESG lagged returns against current returns
Autocorrelation, which is Xtrackers DAX 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 DAX's etf expected returns. We can calculate the autocorrelation of Xtrackers DAX returns to help us make a trade decision. For example, suppose you find that Xtrackers DAX 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 DAX 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 DAX etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Xtrackers DAX etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Xtrackers DAX etf over time.
Current vs Lagged Prices |
| Timeline |
Xtrackers DAX Lagged Returns
When evaluating Xtrackers DAX's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Xtrackers DAX etf have on its future price. Xtrackers DAX 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 DAX autocorrelation shows the relationship between Xtrackers DAX etf current value and its past values and can show if there is a momentum factor associated with investing in Xtrackers DAX ESG.
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.Other Information on Investing in Xtrackers Etf
Xtrackers DAX financial ratios help investors to determine whether Xtrackers 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 Xtrackers with respect to the benefits of owning Xtrackers DAX security.