Db X's market value is the price at which a share of Db X trades on a public exchange. It measures the collective expectations of db x trackers MSCI investors about its performance. Db X is selling for under 9604.00 as of the 7th of January 2025; that is 0.76 percent increase since the beginning of the trading day. The etf's lowest day price was 9549.4. With this module, you can estimate the performance of a buy and hold strategy of db x trackers MSCI and determine expected loss or profit from investing in Db X over a given investment horizon. Check out Db X Correlation, Db X Volatility and Db X Alpha and Beta module to complement your research on Db X.
Please note, there is a significant difference between Db X's value and its price as these two are different measures arrived at by different means. Investors typically determine if Db X is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Db X'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.
Db X '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 Db X'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 Db X.
0.00
01/23/2022
No Change 0.00
0.0
In 2 years 11 months and 16 days
01/07/2025
0.00
If you would invest 0.00 in Db X on January 23, 2022 and sell it all today you would earn a total of 0.00 from holding db x trackers MSCI or generate 0.0% return on investment in Db X over 1080 days. Db X is related to or competes with Leverage Shares, WisdomTree Natural, GraniteShares, WisdomTree Natural, WisdomTree, GraniteShares, and WisdomTree Silver. Db X is entity of United Kingdom. It is traded as Etf on LSE exchange. More
Db X 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 Db X'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 db x trackers MSCI upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Db X's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Db X's standard deviation. In reality, there are many statistical measures that can use Db X historical prices to predict the future Db X's volatility.
Currently, db x trackers MSCI is very steady. db x trackers retains Efficiency (Sharpe Ratio) of 0.19, which denotes the etf had a 0.19% return per unit of price deviation over the last 3 months. We have found twenty-nine technical indicators for Db X, which you can use to evaluate the volatility of the entity. Please confirm Db X's Semi Deviation of 0.2258, coefficient of variation of 425.24, and Risk Adjusted Performance of 0.1857 to check if the risk estimate we provide is consistent with the expected return of 0.11%. The etf owns a Beta (Systematic Risk) of 0.0627, which means not very significant fluctuations relative to the market. As returns on the market increase, Db X's returns are expected to increase less than the market. However, during the bear market, the loss of holding Db X is expected to be smaller as well.
Auto-correlation
0.56
Modest predictability
db x trackers MSCI has modest predictability. Overlapping area represents the amount of predictability between Db X time series from 23rd of January 2022 to 17th of July 2023 and 17th of July 2023 to 7th 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 db x trackers price movement. The serial correlation of 0.56 indicates that roughly 56.0% of current Db X price fluctuation can be explain by its past prices.
Correlation Coefficient
0.56
Spearman Rank Test
0.39
Residual Average
0.0
Price Variance
50.4 K
db x trackers lagged returns against current returns
Autocorrelation, which is Db X 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 Db X's etf expected returns. We can calculate the autocorrelation of Db X returns to help us make a trade decision. For example, suppose you find that Db X 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
Db X 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 Db X etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Db X etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Db X etf over time.
Current vs Lagged Prices
Timeline
Db X Lagged Returns
When evaluating Db X's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Db X etf have on its future price. Db X 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, Db X autocorrelation shows the relationship between Db X etf current value and its past values and can show if there is a momentum factor associated with investing in db x trackers MSCI.
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.
Db X financial ratios help investors to determine whether XWLD 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 XWLD with respect to the benefits of owning Db X security.