Db Gold Double Etf Performance
| DGP Etf | USD 101.11 0.04 0.04% |
The entity owns a Beta (Systematic Risk) of -1.34, which means a somewhat significant risk relative to the market. As returns on the market increase, returns on owning DB Gold are expected to decrease by larger amounts. On the other hand, during market turmoil, DB Gold is expected to outperform it.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days DB Gold Double has generated negative risk-adjusted returns adding no value to investors with long positions. Even with relatively invariable technical and fundamental indicators, DB Gold is not utilizing all of its potentials. The current stock price agitation, may contribute to short-term losses for the retail investors. ...more
1 | How to Play the Gold Rush With ETFs - Yahoo Home | 05/07/2025 |
2 | Gold at the Crossroads Can 3,500 Hold as Fed and Geopolitics Clash - AInvest | 07/03/2025 |
| In Threey Sharp Ratio | 1.18 |
DB Gold Relative Risk vs. Return Landscape
If you would invest 10,409 in DB Gold Double on April 27, 2025 and sell it today you would lose (302.00) from holding DB Gold Double or give up 2.9% of portfolio value over 90 days. DB Gold Double is generating negative expected returns assuming volatility of 2.5656% on return distribution over 90 days investment horizon. In other words, 22% of etfs are less volatile than DGP, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
DB Gold Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for DB Gold's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as DB Gold Double, and traders can use it to determine the average amount a DB Gold'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 = -0.0059
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | DGP |
Estimated Market Risk
| 2.57 actual daily | 23 77% of assets are more volatile |
Expected Return
| -0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average DB Gold 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 DB Gold by adding DB Gold to a well-diversified portfolio.
DB Gold Fundamentals Growth
DGP Etf prices reflect investors' perceptions of the future prospects and financial health of DB Gold, and DB Gold 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 DGP Etf performance.
| Total Asset | 88.7 M | |||
About DB Gold Performance
Assessing DB Gold's fundamental ratios provides investors with valuable insights into DB Gold's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the DB Gold is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
The index is intended to reflect changes in the market value of certain gold futures contracts and is comprised of a single unfunded gold futures contract. DB Gold is traded on NYSEARCA Exchange in the United States.| DB Gold Double generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: Gold at the Crossroads Can 3,500 Hold as Fed and Geopolitics Clash - AInvest | |
| The 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 DB Gold Double. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
The market value of DB Gold Double is measured differently than its book value, which is the value of DGP that is recorded on the company's balance sheet. Investors also form their own opinion of DB Gold's value that differs from its market value or its book value, called intrinsic value, which is DB Gold'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 DB Gold's market value can be influenced by many factors that don't directly affect DB Gold'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 DB Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if DB Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DB Gold'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.