Xtrackers ShortDAX Financials
We strongly advise to harness Xtrackers ShortDAX Daily fundamental analysis to find out if markets are presently mispricing the etf. Specifically this technique allows you to validate available financial indicators of Xtrackers ShortDAX Daily as well as the relationship between them. We were able to interpolate seven available indicators for Xtrackers ShortDAX Daily, which can be compared to its rivals.
Xtrackers |
The data published in Xtrackers ShortDAX's official financial statements usually reflect Xtrackers ShortDAX's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Xtrackers ShortDAX Daily. For example, before you start analyzing numbers published by Xtrackers accountants, it's critical to develop an understanding of what Xtrackers ShortDAX's liquidity, profitability, and earnings quality are in the context of the DWS Investment S.A. (ETF) space in which it operates.
Please note, the presentation of Xtrackers ShortDAX's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Xtrackers ShortDAX's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Xtrackers ShortDAX's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Xtrackers ShortDAX Daily. Please utilize our Beneish M Score to check the likelihood of Xtrackers ShortDAX's management manipulating its earnings.
Xtrackers ShortDAX Etf Summary
Xtrackers ShortDAX competes with Xtrackers MSCI, Xtrackers MSCI, Xtrackers MSCI, and Xtrackers USD. 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.| Instrument | Switzerland Etf |
| Exchange | SIX Swiss Exchange |
| ISIN | LU0292106241 |
| Region | Others |
| Investment Issuer | Others |
| Etf Family | DWS Investment S.A. (ETF) |
| Benchmark | NYSE Composite |
| Phone | 866 417 4640 |
| Currency | CHF - Swiss Franc |
Xtrackers Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Xtrackers ShortDAX's current stock value. Our valuation model uses many indicators to compare Xtrackers ShortDAX value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Xtrackers ShortDAX competition to find correlations between indicators driving Xtrackers ShortDAX's intrinsic value. More Info.Xtrackers ShortDAX Daily is rated below average in one year return as compared to similar ETFs. It is rated below average in three year return as compared to similar ETFs . Comparative valuation analysis is a catch-all model that can be used if you cannot value Xtrackers ShortDAX by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Xtrackers ShortDAX's Etf. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Xtrackers ShortDAX's earnings, one of the primary drivers of an investment's value.Xtrackers ShortDAX Daily Systematic Risk
Xtrackers ShortDAX's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Xtrackers ShortDAX volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Xtrackers ShortDAX Daily correlated with the market. If Beta is less than 0 Xtrackers ShortDAX generally moves in the opposite direction as compared to the market. If Xtrackers ShortDAX Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Xtrackers ShortDAX Daily is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Xtrackers ShortDAX is generally in the same direction as the market. If Beta > 1 Xtrackers ShortDAX moves generally in the same direction as, but more than the movement of the benchmark.
About Xtrackers ShortDAX Financials
What exactly are Xtrackers ShortDAX Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Xtrackers ShortDAX's income statement, its balance sheet, and the statement of cash flows. Potential Xtrackers ShortDAX investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Xtrackers ShortDAX investors may use each financial statement separately, they are all related. The changes in Xtrackers ShortDAX's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Xtrackers ShortDAX's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.Steps to analyze Xtrackers ShortDAX Financials for Investing
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Xtrackers ShortDAX is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Xtrackers has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it. In summary, you can determine if Xtrackers ShortDAX's financials are consistent with your investment objective using the following steps:- Review Xtrackers ShortDAX's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
- Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
- Study the cash flow inflows and outflows to understand Xtrackers ShortDAX's liquidity and solvency.
- Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
- Compare Xtrackers ShortDAX's financials to those of its peers to see how it stacks up and identify any potential red flags.
- Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Xtrackers ShortDAX's stock is overvalued or undervalued.
Xtrackers ShortDAX April 24, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Xtrackers ShortDAX help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Xtrackers ShortDAX Daily. We use our internally-developed statistical techniques to arrive at the intrinsic value of Xtrackers ShortDAX Daily based on widely used predictive technical indicators. In general, we focus on analyzing Xtrackers Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Xtrackers ShortDAX's daily price indicators and compare them against related drivers.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 2.86 | |||
| Value At Risk | (0.77) | |||
| Potential Upside | 1.03 |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Xtrackers ShortDAX Daily. 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. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.