LYXOR DAILY (Germany) Profile
| LYQL Etf | EUR 0.97 0.02 2.11% |
Performance0 of 100
| Odds Of DistressLess than 9
|
LYXOR DAILY is trading at 0.97 as of the 3rd of May 2024. This is a 2.11 percent up since the beginning of the trading day. The etf's lowest day price was 0.97. LYXOR DAILY has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for LYXOR DAILY SHORTDAX are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of March 2024 and ending today, the 3rd of May 2024. Click here to learn more.
The Lyxor Daily ShortDAX x2 UCITS ETF is a UCITS compliant exchange traded fund that aims to track the benchmark index SHORTDAX X2 INDEX.The SHORTDAX X2 INDEX is linked to the performance of the DAX Index in an inverse way - a positive development of the SHORTDAX X2 INDEX will result in a negative change with a leveraged ratio of 2 and vice versa. More on LYXOR DAILY SHORTDAX
Moving together with LYXOR Etf
| 0.65 | XJSE | Xtrackers II | PairCorr |
Moving against LYXOR Etf
| 1.0 | DBPE | Xtrackers LevDAX | PairCorr |
| 0.91 | SXR8 | iShares Core SP | PairCorr |
| 0.87 | VUSA | Vanguard Funds Public | PairCorr |
| 0.85 | EXV1 | iShares STOXX Europe | PairCorr |
| 0.79 | IS3N | iShares Core MSCI | PairCorr |
| 0.78 | UIM5 | UBS Fund Solutions | PairCorr |
| 0.72 | IBC3 | iShares Core MSCI | PairCorr |
LYXOR Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. LYXOR DAILY's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding LYXOR DAILY or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | null, Lyxor International Asset Management S.A.S. (View all Sectors) |
LYXOR DAILY SHORTDAX [LYQL] is traded in Germany and was established 2010-04-09. The fund is listed under null category and is part of Lyxor International Asset Management S.A.S. family. LYXOR DAILY SHORTDAX now have 63.43 M in assets. , while the total return for the last 3 years was -21.68%.
Check LYXOR DAILY Probability Of Bankruptcy
LYXOR DAILY Target Price Odds Analysis
In reference to a normal probability distribution, the odds of LYXOR DAILY jumping above the current price in 90 days from now is about 65.11%. The LYXOR DAILY SHORTDAX probability density function shows the probability of LYXOR DAILY etf to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon LYXOR DAILY SHORTDAX has a beta of -0.012. This indicates as returns on the benchmark increase, returns on holding LYXOR DAILY are expected to decrease at a much lower rate. During a bear market, however, LYXOR DAILY SHORTDAX is likely to outperform the market. Additionally, lYXOR DAILY SHORTDAX has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of LYXOR DAILY to move above the current price in 90 days from now is about 65.11 (This LYXOR DAILY SHORTDAX probability density function shows the probability of LYXOR Etf to fall within a particular range of prices over 90 days) .
LYXOR DAILY SHORTDAX Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. LYXOR DAILY market risk premium is the additional return an investor will receive from holding LYXOR DAILY long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in LYXOR DAILY. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although LYXOR DAILY's alpha and beta are two of the key measurements used to evaluate LYXOR DAILY's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.02 | |||
| Standard Deviation | 1.3 | |||
| Variance | 1.69 | |||
| Risk Adjusted Performance | (0.06) |
LYXOR DAILY SHORTDAX Technical Analysis
Transformation |
The output start index for this execution was zero with a total number of output elements of sixty-one. LYXOR DAILY SHORTDAX Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe LYXOR DAILY price patterns.
LYXOR DAILY Against Markets
Picking the right benchmark for LYXOR DAILY etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in LYXOR DAILY etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for LYXOR DAILY is critical whether you are bullish or bearish towards LYXOR DAILY SHORTDAX at a given time. Please also check how LYXOR DAILY's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in LYXOR DAILY without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy LYXOR Etf?
Before investing in LYXOR DAILY, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in LYXOR DAILY. To buy LYXOR DAILY etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of LYXOR DAILY. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase LYXOR DAILY etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located LYXOR DAILY SHORTDAX etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased LYXOR DAILY SHORTDAX etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as LYXOR DAILY SHORTDAX, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in LYXOR DAILY SHORTDAX?
The danger of trading LYXOR DAILY SHORTDAX is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of LYXOR DAILY is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than LYXOR DAILY. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile LYXOR DAILY SHORTDAX is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LYXOR DAILY SHORTDAX. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.