Xtrackers ShortDAX (Germany) Profile

DBPD Etf  EUR 0.96  0.02  2.13%   


0 of 100

Very Weak

Odds Of Distress

Less than 9

Xtrackers ShortDAX is trading at 0.96 as of the 18th of April 2024. This is a 2.13 percent up since the beginning of the trading day. The etf's lowest day price was 0.95. Xtrackers ShortDAX has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Xtrackers ShortDAX are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of March 2024 and ending today, the 18th of April 2024. Click here to learn more.
The aim is for the investment to reflect the performance of the ShortDAX x2 Index which provides two times the opposite performance of the DAX Index on a daily basis plus a rate of interest. XTR SHORTDAX is traded on Frankfurt Stock Exchange in Germany. More on Xtrackers ShortDAX

Moving together with Xtrackers Etf

  0.73XJSE Xtrackers IIPairCorr

Moving against Xtrackers Etf

  1.0DBPE Xtrackers LevDAXPairCorr
  0.92VUSA Vanguard Funds PublicPairCorr
  0.92SXR8 iShares Core SPPairCorr
  0.91UIM5 UBS Fund SolutionsPairCorr
  0.85UIM6 UBS ETF SICAVPairCorr
  0.83SXRZ iShares VII PLCPairCorr
  0.83EXX7 iShares Nikkei 225PairCorr

Xtrackers 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. Xtrackers ShortDAX's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Xtrackers ShortDAX or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Business Concentrationnull, DWS Investment S.A. (ETF) (View all Sectors)
As Of DateJuly 31, 2019
Xtrackers ShortDAX [DBPD] is traded in Germany and was established 2010-03-18. The fund is listed under null category and is part of DWS Investment S.A. (ETF) family. Xtrackers ShortDAX currently have 123.8 M in assets under management (AUM). , while the total return for the last 3 years was -16.95%.
Check Xtrackers ShortDAX Probability Of Bankruptcy

Xtrackers ShortDAX Target Price Odds Analysis

In reference to a normal probability distribution, the odds of Xtrackers ShortDAX jumping above the current price in 90 days from now is about 57.1%. The Xtrackers ShortDAX probability density function shows the probability of Xtrackers ShortDAX etf to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Xtrackers ShortDAX has a beta of -0.6768 suggesting as returns on the benchmark increase, returns on holding Xtrackers ShortDAX are expected to decrease at a much lower rate. During a bear market, however, Xtrackers ShortDAX is likely to outperform the market. Additionally, xtrackers ShortDAX has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
  Odds Below 0.96HorizonTargetOdds Above 0.96
42.69%90 days
Based on a normal probability distribution, the odds of Xtrackers ShortDAX to move above the current price in 90 days from now is about 57.1 (This Xtrackers ShortDAX probability density function shows the probability of Xtrackers Etf to fall within a particular range of prices over 90 days) .

Xtrackers ShortDAX Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Xtrackers ShortDAX market risk premium is the additional return an investor will receive from holding Xtrackers 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 Xtrackers 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 Xtrackers ShortDAX's alpha and beta are two of the key measurements used to evaluate Xtrackers ShortDAX's performance over the market, the standard measures of volatility play an important role as well.

Xtrackers ShortDAX Technical Analysis

The output start index for this execution was zero with a total number of output elements of sixty-one. Xtrackers ShortDAX Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe Xtrackers ShortDAX price patterns.

Xtrackers ShortDAX Against Markets

Picking the right benchmark for Xtrackers 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 Xtrackers 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 Xtrackers ShortDAX is critical whether you are bullish or bearish towards Xtrackers ShortDAX at a given time. Please also check how Xtrackers ShortDAX's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Xtrackers 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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How to buy Xtrackers Etf?

Before investing in Xtrackers ShortDAX, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Xtrackers ShortDAX. To buy Xtrackers ShortDAX etf, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Xtrackers ShortDAX. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Xtrackers ShortDAX etf. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Xtrackers ShortDAX etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Xtrackers ShortDAX etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as Xtrackers ShortDAX, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in Xtrackers ShortDAX?

The danger of trading Xtrackers ShortDAX 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 Xtrackers 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 Xtrackers ShortDAX. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Xtrackers ShortDAX 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.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Xtrackers ShortDAX. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Please note, there is a significant difference between Xtrackers ShortDAX's value and its price as these two are different measures arrived at by different means. Investors typically determine if Xtrackers ShortDAX is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Xtrackers 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.