Xtrackers ShortDAX (Switzerland) Market Value
| XSDX Etf | CHF 8.79 0.01 0.11% |
| Symbol | Xtrackers |
Xtrackers ShortDAX '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 ShortDAX'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 ShortDAX.
| 04/28/2025 |
| 07/27/2025 |
If you would invest 0.00 in Xtrackers ShortDAX on April 28, 2025 and sell it all today you would earn a total of 0.00 from holding Xtrackers ShortDAX Daily or generate 0.0% return on investment in Xtrackers ShortDAX over 90 days. Xtrackers ShortDAX is related to or competes with Xtrackers MSCI, Xtrackers MSCI, Xtrackers MSCI, and Xtrackers USD. The aim is for the investment to reflect the performance of the ShortDAX Index which provides the opposite performance o... More
Xtrackers ShortDAX 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 ShortDAX'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 ShortDAX Daily upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.46) | |||
| Maximum Drawdown | 3.4 | |||
| Value At Risk | (1.86) | |||
| Potential Upside | 0.9164 |
Xtrackers ShortDAX Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Xtrackers ShortDAX's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Xtrackers ShortDAX's standard deviation. In reality, there are many statistical measures that can use Xtrackers ShortDAX historical prices to predict the future Xtrackers ShortDAX's volatility.| Risk Adjusted Performance | (0.17) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.43) | |||
| Treynor Ratio | 0.8113 |
Xtrackers ShortDAX Daily Backtested Returns
Xtrackers ShortDAX Daily shows Sharpe Ratio of -0.15, which attests that the etf had a -0.15 % return per unit of risk over the last 3 months. Xtrackers ShortDAX Daily exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Xtrackers ShortDAX's Standard Deviation of 0.8727, mean deviation of 0.6512, and Market Risk Adjusted Performance of 0.8213 to validate the risk estimate we provide. The entity maintains a market beta of -0.25, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Xtrackers ShortDAX are expected to decrease at a much lower rate. During the bear market, Xtrackers ShortDAX is likely to outperform the market.
Auto-correlation | 0.64 |
Good predictability
Xtrackers ShortDAX Daily has good predictability. Overlapping area represents the amount of predictability between Xtrackers ShortDAX time series from 28th of April 2025 to 12th of June 2025 and 12th of June 2025 to 27th of July 2025. 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 ShortDAX Daily price movement. The serial correlation of 0.64 indicates that roughly 64.0% of current Xtrackers ShortDAX price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.64 | |
| Spearman Rank Test | 0.69 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Xtrackers ShortDAX Daily lagged returns against current returns
Autocorrelation, which is Xtrackers ShortDAX 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 ShortDAX's etf expected returns. We can calculate the autocorrelation of Xtrackers ShortDAX returns to help us make a trade decision. For example, suppose you find that Xtrackers ShortDAX 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 ShortDAX 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 ShortDAX etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Xtrackers ShortDAX etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Xtrackers ShortDAX etf over time.
Current vs Lagged Prices |
| Timeline |
Xtrackers ShortDAX Lagged Returns
When evaluating Xtrackers ShortDAX's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Xtrackers ShortDAX etf have on its future price. Xtrackers ShortDAX 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 ShortDAX autocorrelation shows the relationship between Xtrackers ShortDAX etf current value and its past values and can show if there is a momentum factor associated with investing in Xtrackers ShortDAX Daily.
Regressed Prices |
| Timeline |
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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.Other Information on Investing in Xtrackers Etf
Xtrackers ShortDAX financial ratios help investors to determine whether Xtrackers Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Xtrackers with respect to the benefits of owning Xtrackers ShortDAX security.