X SHORTDAX (Switzerland) Profile

XSDX -  Switzerland Etf  

CHF 15.63  0.09  0.58%

X SHORTDAX is selling for under 15.63 as of the 24th of July 2021; that is 0.58 percent up since the beginning of the trading day. The etf's lowest day price was 15.54. X SHORTDAX has a very high chance of experiencing financial distress in the next few years of operation. It has also generated negative returns for investors over the last 90 days. Equity ratings for X SHORTDAX SW are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of April 2021 and ending today, the 24th of July 2021. Click here to learn more.
 Market Performance
0 of 100
  Odds Of Distress
Over 72

X SHORTDAX Etf Profile

The aim is for the investment to reflect the performance of the ShortDAX Index which provides the opposite performance of the DAX Index plus a rate of interest. X SHORTDAX is traded on Switzerland Exchange in Switzerland. more on X SHORTDAX
X SHORTDAX SW generates negative expected return over the last 90 days
X SHORTDAX SW has high likelihood to experience some financial distress in the next 2 years
This fund generated-12.0 ten year return of -12.0%
X SHORTDAX keeps all of the net assets in exotic instruments
Legal NameX SHORTDAX SW
Macroaxis Advice
Unlike general analyst consensus, Macroaxis 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 X SHORTDAX's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Cautious HoldFairly Valued
X SHORTDAX SW [XSDX] is traded in Switzerland and was established 2007-06-05. The fund is listed under null category and is part of DWS Investment S.A. (ETF) family. X SHORTDAX SW at this time have 296.13 M in net assets. , while the total return for the last 3 years was -12.56%.
Check X SHORTDAX Probability Of Bankruptcy

X SHORTDAX Target Price Odds Analysis

What are X SHORTDAX's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of X SHORTDAX jumping above the current price in 90 days from now is about 41.6%. The X SHORTDAX SW probability density function shows the probability of X SHORTDAX etf to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon X SHORTDAX has a beta of 0.255. This entails as returns on the market go up, X SHORTDAX average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding X SHORTDAX SW will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. X SHORTDAX SW is significantly underperforming DOW.
 Odds Down 15.63HorizonTargetOdds Up 15.63 
57.90%90 days
 15.63 
41.60%
Based on a normal probability distribution, the odds of X SHORTDAX to move above the current price in 90 days from now is about 41.6 (This X SHORTDAX SW probability density function shows the probability of X SHORTDAX Etf to fall within a particular range of prices over 90 days) .

X SHORTDAX SW Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. X SHORTDAX market risk premium is the additional return an investor will receive from holding X SHORTDAX long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in X SHORTDAX. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although X SHORTDAX's alpha and beta are two of the key measurements used to evaluate X SHORTDAX's performance over the market, the standard measures of volatility play an important role as well.

X SHORTDAX SW Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. X SHORTDAX Tangent Of Price Series is a trigonometric price transformation method View also all equity analysis or get more info about tangent of price series math transform indicator.

X SHORTDAX Against Markets

Picking the right benchmark for X 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 X 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 X SHORTDAX is critical whether you are bullish or bearish towards X SHORTDAX SW at a given time.

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Our tools can tell you how much better you can do entering a position in X SHORTDAX without increasing your portfolio risk or giving up 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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Check out Your Current Watchlist. Note that the X SHORTDAX SW information on this page should be used as a complementary analysis to other X SHORTDAX's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

Other Tools for X SHORTDAX Etf

When running X SHORTDAX SW price analysis, check to measure X SHORTDAX's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy X SHORTDAX is operating at the current time. Most of X SHORTDAX's value examination focuses on studying past and present price action to predict the probability of X SHORTDAX's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move X SHORTDAX's price. Additionally, you may evaluate how the addition of X SHORTDAX to your portfolios can decrease your overall portfolio volatility.
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