Xtrackers MSCI (Switzerland) Market Value
| XDWL Etf | CHF 80.00 0.64 0.79% |
| Symbol | Xtrackers |
Xtrackers MSCI 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Xtrackers MSCI's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Xtrackers MSCI.
| 04/30/2022 |
| 04/19/2024 |
If you would invest 0.00 in Xtrackers MSCI on April 30, 2022 and sell it all today you would earn a total of 0.00 from holding Xtrackers MSCI World or generate 0.0% return on investment in Xtrackers MSCI over 720 days. Xtrackers MSCI is related to or competes with Xtrackers MSCI, Xtrackers MSCI, and Xtrackers USD. The aim is for the investment to reflect the performance before fees and expenses of the MSCI Total Return Net World Ind... More
Xtrackers MSCI Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Xtrackers MSCI's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Xtrackers MSCI World upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7486 | |||
| Information Ratio | 0.1104 | |||
| Maximum Drawdown | 4.31 | |||
| Value At Risk | (0.95) | |||
| Potential Upside | 1.19 |
Xtrackers MSCI Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Xtrackers MSCI's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Xtrackers MSCI's standard deviation. In reality, there are many statistical measures that can use Xtrackers MSCI historical prices to predict the future Xtrackers MSCI's volatility.| Risk Adjusted Performance | 0.1288 | |||
| Jensen Alpha | 0.1315 | |||
| Total Risk Alpha | 0.0697 | |||
| Sortino Ratio | 0.1055 | |||
| Treynor Ratio | 1.31 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Xtrackers MSCI's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Xtrackers MSCI World Backtested Returns
We consider Xtrackers MSCI very steady. Xtrackers MSCI World shows Sharpe Ratio of 0.16, which attests that the etf had a 0.16% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Xtrackers MSCI World, which you can use to evaluate the volatility of the etf. Please check out Xtrackers MSCI's Market Risk Adjusted Performance of 1.32, mean deviation of 0.5263, and Downside Deviation of 0.7486 to validate if the risk estimate we provide is consistent with the expected return of 0.11%. The entity maintains a market beta of 0.11, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Xtrackers MSCI's returns are expected to increase less than the market. However, during the bear market, the loss of holding Xtrackers MSCI is expected to be smaller as well.
Auto-correlation | -0.18 |
Insignificant reverse predictability
Xtrackers MSCI World has insignificant reverse predictability. Overlapping area represents the amount of predictability between Xtrackers MSCI time series from 30th of April 2022 to 25th of April 2023 and 25th of April 2023 to 19th of April 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Xtrackers MSCI World price movement. The serial correlation of -0.18 indicates that over 18.0% of current Xtrackers MSCI price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.18 | |
| Spearman Rank Test | -0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 18.58 |
Xtrackers MSCI World lagged returns against current returns
Autocorrelation, which is Xtrackers MSCI etf's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Xtrackers MSCI's etf expected returns. We can calculate the autocorrelation of Xtrackers MSCI returns to help us make a trade decision. For example, suppose you find that Xtrackers MSCI has exhibited high autocorrelation historically, and you observe that the etf is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Xtrackers MSCI regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Xtrackers MSCI etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Xtrackers MSCI etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Xtrackers MSCI etf over time.
Current vs Lagged Prices |
| Timeline |
Xtrackers MSCI Lagged Returns
When evaluating Xtrackers MSCI's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Xtrackers MSCI etf have on its future price. Xtrackers MSCI autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Xtrackers MSCI autocorrelation shows the relationship between Xtrackers MSCI etf current value and its past values and can show if there is a momentum factor associated with investing in Xtrackers MSCI World.
Regressed Prices |
| Timeline |
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 MSCI 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 MSCI's short interest history, or implied volatility extrapolated from Xtrackers MSCI 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 Xtrackers MSCI Correlation, Xtrackers MSCI Volatility and Xtrackers MSCI Alpha and Beta module to complement your research on Xtrackers MSCI. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Xtrackers MSCI 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.