Xtrackers California Financials
| CA Etf | USD 25.48 0.09 0.35% |
Net Expense Ratio 0.0007 |
Xtrackers |
The data published in Xtrackers California's official financial statements typically reflect Xtrackers California's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Xtrackers California's quantitative information. For example, before you start analyzing numbers published by Xtrackers accountants, it's essential to understand Xtrackers California's liquidity, profitability, and earnings quality within the context of the Muni California Intermediate space in which it operates.
Please note, the presentation of Xtrackers California's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Xtrackers California's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Xtrackers California's management manipulating its earnings.
Xtrackers California Etf Summary
Xtrackers California competes with VCRM, IQ MacKay, IQ MacKay, and ALPS Intermediate. CA, Inc., doing business as CA technologies, develops, markets, delivers, and licenses software products and services in the United States and internationally. CA, Inc. was founded in 1974 and is headquartered in New York, New York. CA operates under Software - Infrastructure classification in USA and is traded on BATS Exchange. It employs 11300 people.| Instrument | USA Etf View All |
| Exchange | NASDAQ Exchange |
| CUSIP | 23306X852 |
| Region | North America |
| Investment Issuer | DWS |
| Location | New York; U.S.A |
| Business Address | 520 Madison Avenue, |
| Fund Category | Municipals |
| Portfolio Concentration | Investment Grade |
| Benchmark | Dow Jones Industrial |
| Website | www.ca.com |
| Phone | 800 225 5224 |
| Currency | USD - US Dollar |
Xtrackers California Key Financial Ratios
Xtrackers Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Xtrackers California's current stock value. Our valuation model uses many indicators to compare Xtrackers California value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Xtrackers California competition to find correlations between indicators driving Xtrackers California's intrinsic value. More Info.Xtrackers California Municipal is second largest ETF in price to earning as compared to similar ETFs. It also is second largest ETF in price to book as compared to similar ETFs fabricating about 0.06 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Xtrackers California Municipal is roughly 17.14 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Xtrackers California's earnings, one of the primary drivers of an investment's value.Xtrackers California Systematic Risk
Xtrackers California's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Xtrackers California volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Xtrackers California correlated with the market. If Beta is less than 0 Xtrackers California generally moves in the opposite direction as compared to the market. If Xtrackers California Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Xtrackers California is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Xtrackers California is generally in the same direction as the market. If Beta > 1 Xtrackers California moves generally in the same direction as, but more than the movement of the benchmark.
About Xtrackers California Financials
What exactly are Xtrackers California Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Xtrackers California's income statement, its balance sheet, and the statement of cash flows. Potential Xtrackers California investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Xtrackers California investors may use each financial statement separately, they are all related. The changes in Xtrackers California's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Xtrackers California's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.Xtrackers California Thematic Clasifications
Xtrackers California Municipal is part of several thematic ideas from Municipals ETFs to Investment Grade ETFs. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasXtrackers California December 11, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Xtrackers California help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Xtrackers California Municipal. We use our internally-developed statistical techniques to arrive at the intrinsic value of Xtrackers California Municipal based on widely used predictive technical indicators. In general, we focus on analyzing Xtrackers Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Xtrackers California's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.3567 | |||
| Information Ratio | (0.41) | |||
| Maximum Drawdown | 1.44 | |||
| Value At Risk | (0.48) | |||
| Potential Upside | 0.437 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Xtrackers California Municipal. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
The market value of Xtrackers California is measured differently than its book value, which is the value of Xtrackers that is recorded on the company's balance sheet. Investors also form their own opinion of Xtrackers California's value that differs from its market value or its book value, called intrinsic value, which is Xtrackers California's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Xtrackers California's market value can be influenced by many factors that don't directly affect Xtrackers California's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Xtrackers California's value and its price as these two are different measures arrived at by different means. Investors typically determine if Xtrackers California is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Xtrackers California'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.