Xtrackers Shortdax Daily Etf Fundamentals
| XSDX Etf | CHF 11.80 0.04 0.34% |
Xtrackers ShortDAX Daily fundamentals help investors to digest information that contributes to Xtrackers ShortDAX's financial success or failures. It also enables traders to predict the movement of Xtrackers Etf. The fundamental analysis module provides a way to measure Xtrackers ShortDAX's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Xtrackers ShortDAX etf.
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Xtrackers ShortDAX Daily ETF One Year Return Analysis
Xtrackers ShortDAX's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Xtrackers ShortDAX One Year Return | (38.55) % |
Most of Xtrackers ShortDAX's fundamental indicators, such as One Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Xtrackers ShortDAX Daily is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
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Based on the recorded statements, Xtrackers ShortDAX Daily has an One Year Return of -38.55%. This is much lower than that of the DWS Investment S.A. (ETF) family and significantly lower than that of the One Year Return category. The one year return for all Switzerland etfs is notably higher than that of the company.
Xtrackers One Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Xtrackers ShortDAX's direct or indirect competition against its One Year Return to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Xtrackers ShortDAX could also be used in its relative valuation, which is a method of valuing Xtrackers ShortDAX by comparing valuation metrics of similar companies.Xtrackers ShortDAX is currently under evaluation in one year return as compared to similar ETFs.
Xtrackers Fundamentals
| Total Asset | 296.13 M | |||
| One Year Return | (38.55) % | |||
| Three Year Return | (12.56) % | |||
| Five Year Return | (12.28) % | |||
| Ten Year Return | (12.08) % | |||
| Net Asset | 296.13 M |
About Xtrackers ShortDAX Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Xtrackers ShortDAX Daily's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Xtrackers ShortDAX using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Xtrackers ShortDAX Daily based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Xtrackers ShortDAX in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Xtrackers ShortDAX's short interest history, or implied volatility extrapolated from Xtrackers ShortDAX options trading.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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 Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.