Db Gold Short Etf Performance
| DGZ Etf | USD 8.36 0.13 1.53% |
The entity owns a Beta (Systematic Risk) of 0.31, which means possible diversification benefits within a given portfolio. As returns on the market increase, DB Gold's returns are expected to increase less than the market. However, during the bear market, the loss of holding DB Gold is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days DB Gold Short has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly strong technical and fundamental indicators, DB Gold is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
| In Threey Sharp Ratio | -0.93 |
DGZ |
DB Gold Relative Risk vs. Return Landscape
If you would invest 861.00 in DB Gold Short on August 30, 2024 and sell it today you would lose (25.00) from holding DB Gold Short or give up 2.9% of portfolio value over 90 days. DB Gold Short is generating negative expected returns assuming volatility of 2.0901% on return distribution over 90 days investment horizon. In other words, 18% of etfs are less volatile than DGZ, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
DB Gold Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for DB Gold's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as DB Gold Short, and traders can use it to determine the average amount a DB Gold's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0121
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| Negative Returns | DGZ |
Estimated Market Risk
| 2.09 actual daily | 18 82% of assets are more volatile |
Expected Return
| -0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average DB Gold is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of DB Gold by adding DB Gold to a well-diversified portfolio.
DB Gold Fundamentals Growth
DGZ Etf prices reflect investors' perceptions of the future prospects and financial health of DB Gold, and DB Gold fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on DGZ Etf performance.
| Total Asset | 3.41 M | |||
About DB Gold Performance
Evaluating DB Gold's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if DB Gold has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if DB Gold has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The index is intended to reflect changes in the market value of certain gold futures contracts and is comprised of a single unfunded gold futures contract. DB Gold is traded on NYSEARCA Exchange in the United States.| DB Gold Short generated a negative expected return over the last 90 days | |
| This fund generated-6.0 ten year return of -6.0% | |
| DB Gold retains all of the assets under management (AUM) in different types of exotic instruments |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DB Gold Short. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
The market value of DB Gold Short is measured differently than its book value, which is the value of DGZ that is recorded on the company's balance sheet. Investors also form their own opinion of DB Gold's value that differs from its market value or its book value, called intrinsic value, which is DB Gold'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 DB Gold's market value can be influenced by many factors that don't directly affect DB Gold'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 DB Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if DB Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DB Gold'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.