Xtrackers Switzerland (Switzerland) Market Value
| XSMI Etf | CHF 132.02 1.02 0.78% |
| Symbol | Xtrackers |
Xtrackers Switzerland '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 Switzerland'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 Switzerland.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Xtrackers Switzerland on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Xtrackers Switzerland UCITS or generate 0.0% return on investment in Xtrackers Switzerland over 90 days. Xtrackers Switzerland is related to or competes with Xtrackers MSCI, Xtrackers MSCI, Xtrackers MSCI, and Xtrackers USD. The aim is for the investment to reflect the performance of the Solactive Swiss Large Cap Index which is designed to ref... More
Xtrackers Switzerland 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 Switzerland'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 Switzerland UCITS upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9057 | |||
| Information Ratio | 0.3073 | |||
| Maximum Drawdown | 4.44 | |||
| Value At Risk | (1.06) | |||
| Potential Upside | 1.47 |
Xtrackers Switzerland Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Xtrackers Switzerland's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Xtrackers Switzerland's standard deviation. In reality, there are many statistical measures that can use Xtrackers Switzerland historical prices to predict the future Xtrackers Switzerland's volatility.| Risk Adjusted Performance | 0.1588 | |||
| Jensen Alpha | 0.1524 | |||
| Total Risk Alpha | 0.2368 | |||
| Sortino Ratio | 0.2713 | |||
| Treynor Ratio | 0.9443 |
Xtrackers Switzerland Backtested Returns
At this stage we consider Xtrackers Etf to be very steady. Xtrackers Switzerland shows Sharpe Ratio of 0.21, which attests that the etf had a 0.21 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Xtrackers Switzerland, which you can use to evaluate the volatility of the etf. Please check out Xtrackers Switzerland's Mean Deviation of 0.588, market risk adjusted performance of 0.9543, and Downside Deviation of 0.9057 to validate if the risk estimate we provide is consistent with the expected return of 0.17%. The entity maintains a market beta of 0.14, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Xtrackers Switzerland's returns are expected to increase less than the market. However, during the bear market, the loss of holding Xtrackers Switzerland is expected to be smaller as well.
Auto-correlation | 0.74 |
Good predictability
Xtrackers Switzerland UCITS has good predictability. Overlapping area represents the amount of predictability between Xtrackers Switzerland time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 Switzerland price movement. The serial correlation of 0.74 indicates that around 74.0% of current Xtrackers Switzerland price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.74 | |
| Spearman Rank Test | 0.75 | |
| Residual Average | 0.0 | |
| Price Variance | 3.63 |
Xtrackers Switzerland lagged returns against current returns
Autocorrelation, which is Xtrackers Switzerland 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 Switzerland's etf expected returns. We can calculate the autocorrelation of Xtrackers Switzerland returns to help us make a trade decision. For example, suppose you find that Xtrackers Switzerland 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 Switzerland 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 Switzerland etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Xtrackers Switzerland etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Xtrackers Switzerland etf over time.
Current vs Lagged Prices |
| Timeline |
Xtrackers Switzerland Lagged Returns
When evaluating Xtrackers Switzerland's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Xtrackers Switzerland etf have on its future price. Xtrackers Switzerland 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 Switzerland autocorrelation shows the relationship between Xtrackers Switzerland etf current value and its past values and can show if there is a momentum factor associated with investing in Xtrackers Switzerland UCITS.
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 Switzerland 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 Switzerland security.