db x (Germany) Performance

XHYG -- Germany ETF  

EUR 16.60  0.03  0.00%

The entity owns Beta (Systematic Risk) of 0.0108 which attests that as returns on market increase, db x returns are expected to increase less than the market. However during bear market, the loss on holding db x will be expected to be smaller as well. Even though it is essential to pay attention to db x trackers existing price patterns, it is always good to be careful when utilizing equity price patterns. Macroaxis way in which we are determining future performance of any etf is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. db x exposes twenty-one different technical indicators which can help you to evaluate its performance.
Horizon     30 Days    Login   to change

db x trackers Relative Risk vs. Return Landscape

If you would invest  1,683  in db x trackers II iBoxx EUR High Yield Bond UCITS ETF on December 25, 2018 and sell it today you would lose (23.00)  from holding db x trackers II iBoxx EUR High Yield Bond UCITS ETF or give up 1.37% of portfolio value over 30 days. db x trackers II iBoxx EUR High Yield Bond UCITS ETF is producing return of less than zero assuming 0.2394% volatility of returns over the 30 days investment horizon. Simply put, 2% of all equities have less volatile historical return distribution than db x and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
 Daily Expected Return (%) 
      Risk (%) 
Assuming 30 trading days horizon, db x is expected to under-perform the market. But the company apears to be less risky and when comparing its historical volatility, the company is 8.47 times less risky than the market. the firm trades about -0.44 of its potential returns per unit of risk. The DOW is currently generating roughly 0.01 of returns per unit of risk over similar time horizon.

db x Market Risk Analysis

Sharpe Ratio = -0.4408
Best
Portfolio
Best
Equity
Good Returns
Average Returns
Small Returns
CashSmall
Risk
Average
Risk
High
Risk
Huge
Risk
Negative ReturnsXHYG

db x Relative Performance Indicators

Estimated Market Risk
 0.24
  actual daily
 
 2 %
of total potential
 
2
Expected Return
 -0.11
  actual daily
 
 0 %
of total potential
 
0
Risk-Adjusted Return
 -0.44
  actual daily
 
 0 %
of total potential
 
0
Based on monthly moving average db x is performing at about 0% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of db x by adding it to a well-diversified portfolio.

db x Performance Rating

db x trackers II iBoxx EUR High Yield Bond UCITS ETF Risk Adjusted Performance Analysis

0

Risk-Adjusted Performance

Over the last 30 days db x trackers II iBoxx EUR High Yield Bond UCITS ETF has generated negative risk-adjusted returns adding no value to investors with long positions.

db x Alerts

Equity Alerts and Improvement Suggestions

db x trackers is not yet fully synchronised with the market data
db x trackers generates negative expected return over the last 30 days
See also Your Current Watchlist. Please also try Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Search macroaxis.com