Db Gold Short Etf Price History

DGZ Etf  USD 8.88  0.09  1.00%   
Below is the normalized historical share price chart for DB Gold Short extending back to February 29, 2008. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of DB Gold stands at 8.88, as last reported on the 20th of May, with the highest price reaching 8.88 and the lowest price hitting 8.88 during the day.
3 y Volatility
13.67
200 Day MA
9.96
1 y Volatility
13.29
50 Day MA
9.2276
Inception Date
2008-02-27
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in DGZ Etf, it is important to understand the factors that can impact its price. DB Gold Short retains Efficiency (Sharpe Ratio) of -0.0905, which denotes the etf had a -0.0905% return per unit of price deviation over the last 3 months. DB Gold exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm DB Gold's Standard Deviation of 1.97, information ratio of (0.14), and Market Risk Adjusted Performance of 0.3538 to check the risk estimate we provide.
  
DGZ Etf price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0905

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Negative ReturnsDGZ

Estimated Market Risk

 2.0
  actual daily
17
83% of assets are more volatile

Expected Return

 -0.18
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.09
  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.
Average Mkt Cap Mil
No Data

DB Gold Etf Price History Chart

There are several ways to analyze DB Gold Short Etf price data. The simplest method is using a basic DGZ candlestick price chart, which shows DB Gold price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceFebruary 23, 20249.95
Lowest PriceApril 17, 20248.71

DB Gold May 20, 2024 Etf Price Synopsis

Various analyses of DB Gold's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell DGZ Etf. It can be used to describe the percentage change in the price of DB Gold from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of DGZ Etf.
DB Gold Price Action Indicator(0.04)
DB Gold Price Rate Of Daily Change 0.99 

DB Gold May 20, 2024 Etf Price Analysis

When benchmark price declines in a down market, there may be an uptick in DB Gold Short Etf price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use DB Gold intraday prices and daily technical indicators to check the level of noise trading in DB Gold Short Etf and then apply it to test your longer-term investment strategies against DGZ.

DGZ Etf Price History Data

The price series of DB Gold for the period between Tue, Feb 20, 2024 and Mon, May 20, 2024 has a statistical range of 1.45 with a coefficient of variation of 4.83. Under current investment horizon, the daily prices are spread out with arithmetic mean of 9.41. The median price for the last 90 days is 9.3.
OpenHighLowCloseVolume
05/20/2024
 8.88  8.88  8.88  8.88 
05/17/2024 8.88  8.88  8.88  8.88  6.00 
05/16/2024 8.97  8.97  8.97  8.97  132.00 
05/15/2024 8.96  8.96  8.96  8.96  100.00 
05/14/2024 9.38  9.39  8.97  8.97  220.00 
05/13/2024 8.98  8.98  8.98  8.98  7.00 
05/10/2024 9.00  9.10  8.55  8.97  2,225 
05/09/2024 9.03  9.03  9.03  9.03  2.00 
05/08/2024 8.97  8.97  8.97  8.97  63.00 
05/07/2024 9.21  9.21  9.21  9.21  75.00 
05/06/2024 8.60  9.00  8.60  9.00  598.00 
05/03/2024 9.18  9.18  9.18  9.18  33.00 
05/02/2024 9.06  9.06  9.06  9.06  73.00 
05/01/2024 8.56  9.33  8.56  9.33  886.00 
04/30/2024 8.82  9.16  8.77  9.16  1,409 
04/29/2024 8.82  8.82  8.82  8.82  14.00 
04/26/2024 8.56  8.99  8.56  8.99  521.00 
04/25/2024 8.90  8.90  8.90  8.90  71.00 
04/24/2024 9.35  9.35  8.97  9.22  613.00 
04/23/2024 9.02  9.21  9.02  9.21  832.00 
04/22/2024 8.80  8.80  8.77  8.77  292.00 
04/19/2024 9.00  9.03  9.00  9.00  300.00 
04/18/2024 9.00  9.00  8.98  8.98  200.00 
04/17/2024 8.71  8.84  8.71  8.71  1,096 
04/16/2024 8.79  8.79  8.79  8.79  127.00 
04/15/2024 8.88  8.88  8.72  8.72  966.00 
04/12/2024 8.97  8.97  8.60  8.88  610.00 
04/11/2024 9.18  9.18  8.77  8.77  438.00 
04/10/2024 9.53  9.53  8.77  9.11  1,562 
04/09/2024 8.80  9.14  8.78  9.14  1,600 
04/08/2024 8.95  9.18  8.80  9.00  2,632 
04/05/2024 9.29  9.29  9.19  9.19  960.00 
04/04/2024 9.07  9.30  9.07  9.30  440.00 
04/03/2024 8.92  9.13  8.78  9.13  932.00 
04/02/2024 8.80  9.30  8.80  9.30  7,351 
04/01/2024 9.57  9.57  9.57  9.57  29.00 
03/28/2024 8.61  9.04  8.61  9.04  575.00 
03/27/2024 10.22  10.22  9.51  9.51  207.00 
03/26/2024 10.23  10.23  9.55  9.55  105.00 
03/25/2024 9.90  9.90  9.70  9.70  867.00 
03/22/2024 9.94  9.94  9.94  9.94  60.00 
03/21/2024 9.70  9.96  9.70  9.86  11,192 
03/20/2024 9.70  9.70  9.70  9.70  16,700 
03/19/2024 9.90  9.94  9.70  9.94  365.00 
03/18/2024 9.70  9.90  9.70  9.90  114.00 
03/15/2024 9.94  9.94  9.94  9.94  1.00 
03/14/2024 9.77  9.77  9.77  9.77  192.00 
03/13/2024 9.70  9.82  9.70  9.82  63,500 
03/12/2024 10.01  10.03  9.51  9.51  438.00 
03/11/2024 9.56  9.56  9.56  9.56  2.00 
03/08/2024 9.94  9.94  9.47  9.47  572.00 
03/07/2024 9.77  9.77  9.77  9.77  2.00 
03/06/2024 10.02  10.02  9.74  9.74  1,027 
03/05/2024 10.16  10.16  9.85  9.85  210.00 
03/04/2024 9.78  9.78  9.78  9.78  89.00 
03/01/2024 9.89  9.89  9.89  9.89  13.00 
02/29/2024 9.90  9.90  9.90  9.90  1.00 
02/28/2024 9.93  9.93  9.93  9.93  2.00 
02/27/2024 9.93  9.93  9.93  9.93  2.00 
02/26/2024 9.66  9.94  9.66  9.94  197.00 
02/23/2024 9.95  9.95  9.95  9.95  1.00 

About DB Gold Etf history

DB Gold investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for DGZ is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in DB Gold Short will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing DB Gold stock prices may prove useful in developing a viable investing in DB Gold
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 Etf Technical Analysis

DB Gold 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.
A focus of DB Gold technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of DB Gold trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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DB Gold Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for DB Gold's price direction in advance. Along with the technical and fundamental analysis of DGZ Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of DGZ to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether DB Gold Short offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of DB Gold's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Db Gold Short Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Db Gold Short Etf:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DB Gold Short. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in price.
Note that the DB Gold Short information on this page should be used as a complementary analysis to other DB Gold's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
The market value of DB Gold Short is measured differently than its book value, which is the value of DGZ 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.