DB X (Italy) Backtesting

DB X TRACK SP500 2XINVERS DAI -- Italy ETF  

EUR 1.92  0.02  1.03%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of DB X TRACK SP500 2XINVERS DAI and determine expected loss or profit from investing in DB X over given investment horizon. See also DB X Hype Analysis, DB X Correlation, Portfolio Optimization, DB X Volatility as well as analyze DB X Alpha and Beta and DB X Performance
Investment Horizon     30 Days    Login   to change
SymbolX
Backtest

DB X 'What if' Analysis

October 21, 2017
0.00
No Change 0.00  0.0%
In 31 days
November 20, 2017
0.00
If you would invest  0.00  in DB X on October 21, 2017 and sell it all today you would earn a total of 0.00 from holding DB X TRACK SP500 2XINVERS DAI or generate 0.0% return on investment in DB X over 30 days. DB X is related to or competes with Buzzi Unicem, Societ Iniziative, Compagnie Industriali, CAMFIN, Arnoldo Mondadori, and IVS Group. The aim is for the investment to reflect the performance of the SP 500 2x Inverse Daily Index which provides two times t...

DB X Upside/Downside Indicators

  

DB X Market Premium Indicators

DB X TRACK lagged returns against current returns

 Current and Lagged Values 
      Timeline 

DB X regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

DB X TRACK Backtested Returns

Macroaxis considers DB X to be relatively volatile. DB X TRACK retains Efficiency (Sharpe Ratio) of -0.111 which denotes DB X TRACK had -0.111% of return per unit of price deviation over the last 1 month. Macroaxis way in which we are predicting risk of any etf is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. DB X exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm DB X TRACK SP500 2XINVERS DAI Standard Deviation of 0.499 and Market Risk Adjusted Performance of 0.2046 to check risk estimate we provide. The entity owns Beta (Systematic Risk) of -0.6454 which denotes to the fact that as returns on market increase, returns on owning DB X are expected to decrease at a much smaller rate. During bear market, DB X is likely to outperform the market.. Even though it is essential to pay attention to DB X TRACK existing price patterns, it is always good to be careful when utilizing equity price patterns. Macroaxis way in which we are predicting future performance of any etf is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. DB X exposes twenty-one different technical indicators which can help you to evaluate its performance.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.48 

Average predictability

DB X TRACK SP500 2XINVERS DAI has average predictability. Overlapping area represents the amount of predictability between DB X time series from October 21, 2017 to November 5, 2017 and November 5, 2017 to November 20, 2017. 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 TRACK price movement. The serial correlation of 0.48 indicates that about 48.0% of current DB X price fluctuation can be explain by its past prices.
Correlation Coefficient 0.48
Spearman Rank Test -0.3
Average Price 1.94
Lagged Average Price 1.96

DB X Lagged Returns

 Regressed Prices 
      Timeline 

DB X Performance vs FTSE MIB

The median price of DB X for the period between Sat, Oct 21, 2017 and Mon, Nov 20, 2017 is 1.95 with a coefficient of variation of 0.79. The daily time series for the period is distributed with a sample standard deviation of 0.02, arithmetic mean of 1.95, and mean deviation of 0.01. The ETF did not receive any noticable media coverage during the period.
Price Growth (%)  
      Timeline