Xtrackers California Municipal Etf Alpha and Beta Analysis

CA Etf  USD 25.23  0.02  0.08%   
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Xtrackers California Municipal. It also helps investors analyze the systematic and unsystematic risks associated with investing in Xtrackers California over a specified time horizon. Remember, high Xtrackers California's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Xtrackers California's market risk premium analysis include:
Beta
0.11
Alpha
(0.02)
Risk
0.21
Sharpe Ratio
(0.01)
Expected Return
(0)
Please note that although Xtrackers California alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., NYSE Composite index.) So in this particular case, Xtrackers California did 0.02  worse than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Xtrackers California Municipal etf's relative risk over its benchmark. Xtrackers California has a beta of 0.11  . As returns on the market increase, Xtrackers California's returns are expected to increase less than the market. However, during the bear market, the loss of holding Xtrackers California is expected to be smaller as well. .
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
  
Check out Xtrackers California Backtesting, Portfolio Optimization, Xtrackers California Correlation, Xtrackers California Hype Analysis, Xtrackers California Volatility, Xtrackers California History and analyze Xtrackers California Performance.

Xtrackers California Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Xtrackers California market risk premium is the additional return an investor will receive from holding Xtrackers California 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 California. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Xtrackers California's performance over market.
α-0.02   β0.11

Xtrackers California expected buy-and-hold returns

Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Xtrackers California's Buy-and-hold return. Our buy-and-hold chart shows how Xtrackers California performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

Xtrackers California Market Price Analysis

Market price analysis indicators help investors to evaluate how Xtrackers California etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Xtrackers California shares will generate the highest return on investment. By understating and applying Xtrackers California etf market price indicators, traders can identify Xtrackers California position entry and exit signals to maximize returns.

Xtrackers California Return and Market Media

The median price of Xtrackers California for the period between Sat, Dec 30, 2023 and Fri, Mar 29, 2024 is 25.24 with a coefficient of variation of 0.31. The daily time series for the period is distributed with a sample standard deviation of 0.08, arithmetic mean of 25.23, and mean deviation of 0.06. The Etf received a lot of media exposure during the period.
 Price Growth (%)  
       Timeline  
1
Digital Check Corp. Records 1.5 Million Check Scanners Manufactured at California Assembly Plant
02/07/2024
2
Yoshiharu Announces the Opening of its 11th Restaurant Location in Laguna Niguel, CA
02/20/2024
3
Chelsea F.C. and Wrexham AFC to Face Off in U.S. Rematch at Levis Stadium in Santa Clara, CA
03/08/2024
4
49ers Arik Armstead to reportedly become free agent after 9 years in SF
03/11/2024
5
EverCharge and the San Francisco Giants Announce Strategic Partnership
03/12/2024
6
TurnOnGreen Expands Electric Vehicle Charging Infrastructure Across Select Tenet Health Facilities
03/15/2024
7
The Knowledge House Celebrates 10 Years of Tech
03/18/2024
8
LAs iconic Conga Room nightclub permanently closes
03/21/2024
9
AHF Prevails in CAs Unconstitutional Attempt to End Medi-Cal Contract
03/22/2024
10
Ashley Tisdale announces pregnancy with husband Christopher French
03/26/2024
11
XRootAIs Innovative AI-Blockchain Solutions Poised to Transform Industries
03/27/2024

About Xtrackers California Beta and Alpha

For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Xtrackers or other etfs. Alpha measures the amount that position in Xtrackers California has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
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 California 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 California's short interest history, or implied volatility extrapolated from Xtrackers California options trading.

Build Portfolio with Xtrackers California

Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.

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By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
When determining whether Xtrackers California offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Xtrackers California's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Xtrackers California Municipal Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Xtrackers California Municipal Etf:
Check out Xtrackers California Backtesting, Portfolio Optimization, Xtrackers California Correlation, Xtrackers California Hype Analysis, Xtrackers California Volatility, Xtrackers California History and analyze Xtrackers California Performance.
Note that the Xtrackers California information on this page should be used as a complementary analysis to other Xtrackers California's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.

Complementary Tools for Xtrackers Etf analysis

When running Xtrackers California's price analysis, check to measure Xtrackers California's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Xtrackers California is operating at the current time. Most of Xtrackers California's value examination focuses on studying past and present price action to predict the probability of Xtrackers California's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Xtrackers California's price. Additionally, you may evaluate how the addition of Xtrackers California to your portfolios can decrease your overall portfolio volatility.
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Xtrackers California technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
A focus of Xtrackers California technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Xtrackers California trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...