Xtrackers Cybersecurity Select Etf Market Value
| PSWD Etf | 36.34 0.06 0.17% |
| Symbol | Xtrackers |
The market value of Xtrackers Cybersecurity 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 Cybersecurity's value that differs from its market value or its book value, called intrinsic value, which is Xtrackers Cybersecurity'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 Cybersecurity's market value can be influenced by many factors that don't directly affect Xtrackers Cybersecurity'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 Cybersecurity's value and its price as these two are different measures arrived at by different means. Investors typically determine if Xtrackers Cybersecurity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Xtrackers Cybersecurity'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.
Xtrackers Cybersecurity '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 Cybersecurity'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 Cybersecurity.
| 04/21/2025 |
| 07/20/2025 |
If you would invest 0.00 in Xtrackers Cybersecurity on April 21, 2025 and sell it all today you would earn a total of 0.00 from holding Xtrackers Cybersecurity Select or generate 0.0% return on investment in Xtrackers Cybersecurity over 90 days. Xtrackers Cybersecurity is related to or competes with Franklin Templeton, Tidal Trust, IShares Dividend, Altrius Global, Invesco Exchange, Franklin International, and Madison ETFs. Xtrackers Cybersecurity is entity of United States More
Xtrackers Cybersecurity 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 Cybersecurity'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 Cybersecurity Select upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.41 | |||
| Information Ratio | 0.046 | |||
| Maximum Drawdown | 7.23 | |||
| Value At Risk | (2.17) | |||
| Potential Upside | 2.21 |
Xtrackers Cybersecurity Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Xtrackers Cybersecurity's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Xtrackers Cybersecurity's standard deviation. In reality, there are many statistical measures that can use Xtrackers Cybersecurity historical prices to predict the future Xtrackers Cybersecurity's volatility.| Risk Adjusted Performance | 0.1445 | |||
| Jensen Alpha | 0.0722 | |||
| Total Risk Alpha | 0.0054 | |||
| Sortino Ratio | 0.0435 | |||
| Treynor Ratio | 0.2095 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Xtrackers Cybersecurity'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 Cybersecurity Backtested Returns
Xtrackers Cybersecurity appears to be very steady, given 3 months investment horizon. Xtrackers Cybersecurity shows Sharpe Ratio of 0.21, which attests that the etf had a 0.21 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Xtrackers Cybersecurity, which you can use to evaluate the volatility of the etf. Please utilize Xtrackers Cybersecurity's Downside Deviation of 1.41, market risk adjusted performance of 0.2195, and Mean Deviation of 1.0 to validate if our risk estimates are consistent with your expectations. The entity maintains a market beta of 0.92, which attests to possible diversification benefits within a given portfolio. Xtrackers Cybersecurity returns are very sensitive to returns on the market. As the market goes up or down, Xtrackers Cybersecurity is expected to follow.
Auto-correlation | 0.40 |
Average predictability
Xtrackers Cybersecurity Select has average predictability. Overlapping area represents the amount of predictability between Xtrackers Cybersecurity time series from 21st of April 2025 to 5th of June 2025 and 5th of June 2025 to 20th 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 Cybersecurity price movement. The serial correlation of 0.4 indicates that just about 40.0% of current Xtrackers Cybersecurity price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.4 | |
| Spearman Rank Test | 0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 0.25 |
Xtrackers Cybersecurity lagged returns against current returns
Autocorrelation, which is Xtrackers Cybersecurity 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 Cybersecurity's etf expected returns. We can calculate the autocorrelation of Xtrackers Cybersecurity returns to help us make a trade decision. For example, suppose you find that Xtrackers Cybersecurity 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 Cybersecurity 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 Cybersecurity etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Xtrackers Cybersecurity etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Xtrackers Cybersecurity etf over time.
Current vs Lagged Prices |
| Timeline |
Xtrackers Cybersecurity Lagged Returns
When evaluating Xtrackers Cybersecurity's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Xtrackers Cybersecurity etf have on its future price. Xtrackers Cybersecurity 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 Cybersecurity autocorrelation shows the relationship between Xtrackers Cybersecurity etf current value and its past values and can show if there is a momentum factor associated with investing in Xtrackers Cybersecurity Select.
Regressed Prices |
| Timeline |
Also Currently Popular
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.When determining whether Xtrackers Cybersecurity is a strong investment it is important to analyze Xtrackers Cybersecurity's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Xtrackers Cybersecurity's future performance. For an informed investment choice regarding Xtrackers Etf, refer to the following important reports:Check out Xtrackers Cybersecurity Correlation, Xtrackers Cybersecurity Volatility and Xtrackers Cybersecurity Alpha and Beta module to complement your research on Xtrackers Cybersecurity. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Xtrackers Cybersecurity 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.