Lyxor ShortDAX (Portugal) Profile

PDXS Etf  EUR 14.93  0.00  0.00%   
Market Performance
0 of 100
Odds Of Distress
Less than 45
Lyxor ShortDAX is selling for under 14.93 as of the 6th of February 2023; that is No Change since the beginning of the trading day. The etf's lowest day price was 14.93. Lyxor ShortDAX has 45 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. Equity ratings for Lyxor ShortDAX Daily are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 7th of January 2023 and ending today, the 6th of February 2023. Click here to learn more.
The ComStage ETF ShortDAX TR is an exchangetraded fund linked to the performance of the ShortDAX performance index . ComStage ShortDAX is traded on Commodity Exchange in Exotistan. More on Lyxor ShortDAX Daily

Lyxor ShortDAX Etf Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Lyxor ShortDAX's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Lyxor ShortDAX or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Lyxor ShortDAX Daily generated a negative expected return over the last 90 days
Lyxor ShortDAX Daily generated five year return of -9.0%
This fund maintains all of the assets in different exotic instruments
Macroaxis Advice
The buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Lyxor ShortDAX's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
As Of DateJune 30, 2019
Lyxor ShortDAX Daily [PDXS] is traded in Portugal and was established 2011-05-10. The fund is listed under null category and is part of Commerz Funds Solutions SA family. Lyxor ShortDAX Daily at this time have 281.98 M in assets. , while the total return for the last 3 years was -10.76%.
Check Lyxor ShortDAX Probability Of Bankruptcy

Lyxor ShortDAX Against Markets

Picking the right benchmark for Lyxor ShortDAX etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Lyxor ShortDAX etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Lyxor ShortDAX is critical whether you are bullish or bearish towards Lyxor ShortDAX Daily at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Lyxor ShortDAX without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Invested in Lyxor ShortDAX Daily?

The danger of trading Lyxor ShortDAX Daily is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Lyxor ShortDAX is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Lyxor ShortDAX. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Lyxor ShortDAX Daily is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Please check Your Equity Center. You can also try Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

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Please note, there is a significant difference between Lyxor ShortDAX's value and its price as these two are different measures arrived at by different means. Investors typically determine Lyxor ShortDAX value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lyxor ShortDAX's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.