Deka IBoxx One Year Return vs. Five Year Return
| EFQ8 Etf | EUR 99.37 0.26 0.26% |
For Deka IBoxx profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Deka IBoxx to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Deka iBoxx EUR utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Deka IBoxx's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Deka iBoxx EUR over time as well as its relative position and ranking within its peers.
Deka |
Deka iBoxx EUR Five Year Return vs. One Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Deka IBoxx's current stock value. Our valuation model uses many indicators to compare Deka IBoxx value to that of its competitors to determine the firm's financial worth. Deka iBoxx EUR is rated # 3 ETF in one year return as compared to similar ETFs. It is rated below average in five year return as compared to similar ETFs reporting about 0.39 of Five Year Return per One Year Return. The ratio of One Year Return to Five Year Return for Deka iBoxx EUR is roughly 2.55 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Deka IBoxx's earnings, one of the primary drivers of an investment's value.Deka Five Year Return vs. One Year Return
One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
Deka IBoxx |
| = | 5.58 % |
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.
Deka IBoxx |
| = | 2.19 % |
Although Five Year Returns can give a sense of overall investment potential, it is recommended to compare equity performance with similar assets for the same five year time interval. Similarly, comparing overall investment performance over the last five years with the appropriate market index is a great way to determine how this equity instrument will perform during unforeseen market fluctuations.
Deka Five Year Return Comparison
Deka IBoxx is currently under evaluation in five year return as compared to similar ETFs.
Deka IBoxx Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Deka IBoxx, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Deka IBoxx will eventually generate negative long term returns. The profitability progress is the general direction of Deka IBoxx's change in net profit over the period of time. It can combine multiple indicators of Deka IBoxx, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
The investment seeks to track the price and performance yield, before fees and expenses, of the iBoxx Liquid Non-Financials Diversified index. Deka iBoxx is traded on Frankfurt Stock Exchange in Germany.
Deka Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Deka IBoxx. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Deka IBoxx position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Deka IBoxx's important profitability drivers and their relationship over time.
| One Year Return vs Three Year Return | ||
| Net Asset vs Five Year Return | ||
| One Year Return vs Last Dividend Paid | ||
| Bond Positions Weight vs Five Year Return |
Use Deka IBoxx in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Deka IBoxx position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Deka IBoxx will appreciate offsetting losses from the drop in the long position's value.Deka IBoxx Pair Trading
Deka iBoxx EUR Pair Trading Analysis
The ability to find closely correlated positions to Deka IBoxx could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Deka IBoxx when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Deka IBoxx - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Deka iBoxx EUR to buy it.
The correlation of Deka IBoxx is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Deka IBoxx moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Deka iBoxx EUR moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Deka IBoxx can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Deka IBoxx position
In addition to having Deka IBoxx in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Other Information on Investing in Deka Etf
To fully project Deka IBoxx's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Deka iBoxx EUR at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Deka IBoxx's income statement, its balance sheet, and the statement of cash flows.