Xtrackers ShortDAX (Germany) Performance

DBPD Etf  EUR 0.96  0.02  2.13%   
The entity maintains a market beta of -0.97, which attests to possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning Xtrackers ShortDAX are expected to decrease slowly. On the other hand, during market turmoil, Xtrackers ShortDAX is expected to outperform it slightly.

Risk-Adjusted Performance

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Very Weak
Over the last 90 days Xtrackers ShortDAX has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest fragile performance, the Etf's basic indicators remain stable and the current disturbance on Wall Street may also be a sign of long-run gains for the Exchange Traded Fund stockholders. ...more
Fifty Two Week Low3.3205
Fifty Two Week High5.2100

Xtrackers ShortDAX Relative Risk vs. Return Landscape

If you would invest  107.00  in Xtrackers ShortDAX on January 19, 2024 and sell it today you would lose (11.00) from holding Xtrackers ShortDAX or give up 10.28% of portfolio value over 90 days. Xtrackers ShortDAX is producing return of less than zero assuming 1.2627% volatility of returns over the 90 days investment horizon. Simply put, 11% of all etfs have less volatile historical return distribution than Xtrackers ShortDAX, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days.
  Expected Return   
Assuming the 90 days trading horizon Xtrackers ShortDAX is expected to under-perform the market. In addition to that, the company is 2.03 times more volatile than its market benchmark. It trades about -0.13 of its total potential returns per unit of risk. The NYSE Composite is currently generating roughly 0.11 per unit of volatility.

Xtrackers ShortDAX Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Xtrackers ShortDAX's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Xtrackers ShortDAX, and traders can use it to determine the average amount a Xtrackers ShortDAX's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = -0.13

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Estimated Market Risk

  actual daily
89% of assets are more volatile

Expected Return

  actual daily
Most of other assets have higher returns

Risk-Adjusted Return

  actual daily
Most of other assets perform better
Based on monthly moving average Xtrackers ShortDAX is not performing at its full potential. However, 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 Xtrackers ShortDAX by adding Xtrackers ShortDAX to a well-diversified portfolio.

Xtrackers ShortDAX Fundamentals Growth

Xtrackers Etf prices reflect investors' perceptions of the future prospects and financial health of Xtrackers ShortDAX, and Xtrackers ShortDAX fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Xtrackers Etf performance.

About Xtrackers ShortDAX Performance

To evaluate Xtrackers ShortDAX Etf as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Xtrackers ShortDAX generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Xtrackers Etf's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Xtrackers ShortDAX market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Xtrackers's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
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.
Xtrackers ShortDAX generated a negative expected return over the last 90 days
Xtrackers ShortDAX has some characteristics of a very speculative penny stock
Xtrackers ShortDAX generated five year return of -20.0%
This fund retains all of the assets under management (AUM) in different types of exotic instruments
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 Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
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.