Xtrackers USD (UK) Market Value
| XGBB Etf | 19.84 0.04 0.20% |
| Symbol | Xtrackers |
Xtrackers USD '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 USD'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 USD.
| 12/12/2024 |
| 03/12/2025 |
If you would invest 0.00 in Xtrackers USD on December 12, 2024 and sell it all today you would earn a total of 0.00 from holding Xtrackers USD Corporate or generate 0.0% return on investment in Xtrackers USD over 90 days. Xtrackers USD is related to or competes with Xtrackers MSCI, Xtrackers FTSE, Xtrackers MSCI, Xtrackers Russell, Xtrackers MSCI, and Xtrackers ESG. Xtrackers USD is entity of United Kingdom More
Xtrackers USD 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 USD'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 USD Corporate upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.2843 | |||
| Information Ratio | 0.5094 | |||
| Maximum Drawdown | 1.18 | |||
| Value At Risk | (0.41) | |||
| Potential Upside | 0.404 |
Xtrackers USD Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Xtrackers USD's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Xtrackers USD's standard deviation. In reality, there are many statistical measures that can use Xtrackers USD historical prices to predict the future Xtrackers USD's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | 0.0042 | |||
| Total Risk Alpha | 0.0344 | |||
| Sortino Ratio | 0.4466 | |||
| Treynor Ratio | (0.07) |
Xtrackers USD Corporate Backtested Returns
Currently, Xtrackers USD Corporate is very steady. Xtrackers USD Corporate shows Sharpe Ratio of 0.03, which attests that the etf had a 0.03 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Xtrackers USD Corporate, which you can use to evaluate the volatility of the etf. Please check out Xtrackers USD's Market Risk Adjusted Performance of (0.06), mean deviation of 0.187, and Downside Deviation of 0.2843 to validate if the risk estimate we provide is consistent with the expected return of 0.0076%. The entity maintains a market beta of 0.0705, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Xtrackers USD's returns are expected to increase less than the market. However, during the bear market, the loss of holding Xtrackers USD is expected to be smaller as well.
Auto-correlation | -0.19 |
Insignificant reverse predictability
Xtrackers USD Corporate has insignificant reverse predictability. Overlapping area represents the amount of predictability between Xtrackers USD time series from 12th of December 2024 to 26th of January 2025 and 26th of January 2025 to 12th 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 USD Corporate price movement. The serial correlation of -0.19 indicates that over 19.0% of current Xtrackers USD price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.19 | |
| Spearman Rank Test | -0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Xtrackers USD Corporate lagged returns against current returns
Autocorrelation, which is Xtrackers USD 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 USD's etf expected returns. We can calculate the autocorrelation of Xtrackers USD returns to help us make a trade decision. For example, suppose you find that Xtrackers USD 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 USD 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 USD etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Xtrackers USD etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Xtrackers USD etf over time.
Current vs Lagged Prices |
| Timeline |
Xtrackers USD Lagged Returns
When evaluating Xtrackers USD's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Xtrackers USD etf have on its future price. Xtrackers USD 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 USD autocorrelation shows the relationship between Xtrackers USD etf current value and its past values and can show if there is a momentum factor associated with investing in Xtrackers USD Corporate.
Regressed Prices |
| Timeline |
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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 USD 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 USD security.