Xtrackers MSCI (Switzerland) Market Value
Xtrackers MSCI's market value is the price at which a share of Xtrackers MSCI trades on a public exchange. It measures the collective expectations of Xtrackers MSCI Japan investors about its performance. With this module, you can estimate the performance of a buy and hold strategy of Xtrackers MSCI Japan and determine expected loss or profit from investing in Xtrackers MSCI over a given investment horizon. Check out Your Current Watchlist to better understand how to build diversified portfolios. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
| Symbol | Xtrackers |
Xtrackers MSCI '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 MSCI'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 MSCI.
| 05/06/2022 |
| 04/25/2024 |
If you would invest 0.00 in Xtrackers MSCI on May 6, 2022 and sell it all today you would earn a total of 0.00 from holding Xtrackers MSCI Japan or generate 0.0% return on investment in Xtrackers MSCI over 720 days. Xtrackers MSCI 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 MSCI Total Return Net Japan Index which is designed to r... More
Xtrackers MSCI 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 MSCI'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 MSCI Japan upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.12 | |||
| Information Ratio | 0.0368 | |||
| Maximum Drawdown | 4.96 | |||
| Value At Risk | (1.63) | |||
| Potential Upside | 1.47 |
Xtrackers MSCI Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Xtrackers MSCI's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Xtrackers MSCI's standard deviation. In reality, there are many statistical measures that can use Xtrackers MSCI historical prices to predict the future Xtrackers MSCI's volatility.| Risk Adjusted Performance | 0.0863 | |||
| Jensen Alpha | 0.1031 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | 0.03 | |||
| Treynor Ratio | 1.05 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Xtrackers MSCI's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Xtrackers MSCI Japan Backtested Returns
We consider Xtrackers MSCI very steady. Xtrackers MSCI Japan shows Sharpe Ratio of 0.13, which attests that the etf had a 0.13% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Xtrackers MSCI Japan, which you can use to evaluate the volatility of the etf. Please check out Xtrackers MSCI's Mean Deviation of 0.6747, downside deviation of 1.12, and Market Risk Adjusted Performance of 1.06 to validate if the risk estimate we provide is consistent with the expected return of 0.12%. The entity maintains a market beta of 0.11, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Xtrackers MSCI's returns are expected to increase less than the market. However, during the bear market, the loss of holding Xtrackers MSCI is expected to be smaller as well.
Auto-correlation | 0.67 |
Good predictability
Xtrackers MSCI Japan has good predictability. Overlapping area represents the amount of predictability between Xtrackers MSCI time series from 6th of May 2022 to 1st of May 2023 and 1st of May 2023 to 25th of April 2024. 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 MSCI Japan price movement. The serial correlation of 0.67 indicates that around 67.0% of current Xtrackers MSCI price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.67 | |
| Spearman Rank Test | 0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 465.8 K |
Xtrackers MSCI Japan lagged returns against current returns
Autocorrelation, which is Xtrackers MSCI 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 MSCI's etf expected returns. We can calculate the autocorrelation of Xtrackers MSCI returns to help us make a trade decision. For example, suppose you find that Xtrackers MSCI 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 MSCI 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 MSCI etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Xtrackers MSCI etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Xtrackers MSCI etf over time.
Current vs Lagged Prices |
| Timeline |
Xtrackers MSCI Lagged Returns
When evaluating Xtrackers MSCI's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Xtrackers MSCI etf have on its future price. Xtrackers MSCI 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 MSCI autocorrelation shows the relationship between Xtrackers MSCI etf current value and its past values and can show if there is a momentum factor associated with investing in Xtrackers MSCI Japan.
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.When determining whether Xtrackers MSCI Japan is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Xtrackers Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Xtrackers Msci Japan Etf. Highlighted below are key reports to facilitate an investment decision about Xtrackers Msci Japan Etf:Check out Xtrackers MSCI Correlation, Xtrackers MSCI Volatility and Xtrackers MSCI Alpha and Beta module to complement your research on Xtrackers MSCI. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Xtrackers MSCI technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.