Deka EURO (Germany) Performance
| EL4G Etf | EUR 19.41 0.09 0.47% |
The etf shows a Beta (market volatility) of 0.1, which means not very significant fluctuations relative to the market. As returns on the market increase, Deka EURO's returns are expected to increase less than the market. However, during the bear market, the loss of holding Deka EURO is expected to be smaller as well.
Risk-Adjusted Performance
Very Strong
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Deka EURO STOXX are ranked lower than 40 (%) of all global equities and portfolios over the last 90 days. Despite nearly unsteady basic indicators, Deka EURO reported solid returns over the last few months and may actually be approaching a breakup point. ...more
Deka |
Deka EURO Relative Risk vs. Return Landscape
If you would invest 1,593 in Deka EURO STOXX on December 20, 2024 and sell it today you would earn a total of 348.00 from holding Deka EURO STOXX or generate 21.85% return on investment over 90 days. Deka EURO STOXX is generating 0.3318% of daily returns assuming 0.6384% volatility of returns over the 90 days investment horizon. Simply put, 5% of all etfs have less volatile historical return distribution than Deka EURO, and 94% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Deka EURO Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Deka EURO's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Deka EURO STOXX, and traders can use it to determine the average amount a Deka EURO'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 = 0.5198
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.64 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.33 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.52 actual daily | 40 60% of assets perform better |
Based on monthly moving average Deka EURO is performing at about 40% of its full potential. 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 Deka EURO by adding it to a well-diversified portfolio.
Deka EURO Fundamentals Growth
Deka Etf prices reflect investors' perceptions of the future prospects and financial health of Deka EURO, and Deka EURO 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 Deka Etf performance.
| Total Asset | 158.86 M | |||
About Deka EURO Performance
By analyzing Deka EURO's fundamental ratios, stakeholders can gain valuable insights into Deka EURO's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Deka EURO 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 Deka EURO has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
The investment seeks to track the price and yield performance, before fees and expense, of the EURO STOXX Select Dividend 30 index. DK EO is traded on Frankfurt Stock Exchange in Germany.| Deka is showing solid risk-adjusted performance over 90 days | |
| Deka EURO STOXX generated five year return of -3.0% | |
| This fund retains all of its assets under management (AUM) in equities |
Other Information on Investing in Deka Etf
Deka EURO financial ratios help investors to determine whether Deka 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 Deka with respect to the benefits of owning Deka EURO security.