DB Crude Technical Analysis

DB Crude Oil Double Short ETN -- USA Etf  

USD 120.49  0.96  0.79%

DB Crude Oil Double Short ETN owns Standard Deviation of 2.52 and Market Risk Adjusted Performance of (0.071945). DB Crude Oil Double Short ETN technical analysis allows you to utilize past data patterns in order to determine a pattern that computes the direction of the entity future prices. Strictly speaking you can use this information to find out if the entity will indeed mirror its model of historical prices and volume patterns or the prices will eventually revert. We found nineteen technical drivers for DB Crude which can be compared to its peers in the sector. Please confirm DB Crude Oil Coefficient Of Variation as well as the relationship between Treynor Ratio and Semi Variance to decide if DB Crude Oil Double Short ETN is priced fairly providing market reflects its prevailing price of 120.49 per share.
Investment Horizon     30 Days    Login   to change

DB Crude Oil Trend Analysis

Use this graph to draw trend lines for DB Crude Oil Double Short ETN. You can use it to identify possible trend reversals for DB Crude as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual DB Crude price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

DB Crude Best Fit Change Line

The following chart estimates an ordinary least squares regression model for DB Crude Oil Double Short ETN applied against its price change over selected period. The best fit line has a slop of 0.25 % which may imply that the returns on investment in DB Crude Oil Double Short ETN will continue to fail. It has 34 observation points and a regression sum of squares at 50.74, which is the sum of squared deviations for the predicted DB Crude price change compared to its average price change.

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Analyst Recommendations

Analyst recommendations and target price estimates broken down by several categories
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DB Crude Oil Double Short ETN is rated # 5 ETF in mean deviation as compared to similar ETFs. It is rated # 4 ETF in standard deviation as compared to similar ETFs creating about  1.43  of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for DB Crude Oil Double Short ETN is roughly  1.43 

One Year Return

DB Crude Oil One Year Return
Based on recorded statements DB Crude Oil Double Short ETN has One Year Return of -3.17%. This is 18.51% lower than that of the Deutsche Bank AG family, and 73.4% lower than that of Trading--Inverse Commodities category, The One Year Return for all etfs is 153.6% higher than the company.
  Year Return 
      DB Crude Comparables 
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.

Fundamentals Correlations

Analyze DB Crude Fundamentals Trends