DB Gold Short ETN (DGZ)Trading--Inverse Commodities | Exchange Traded Fund | NYSEArca
4.83 USD
|
Hot Take ↕ | Aug. 22, 2026, 3:37 a.m. EDT
The short-term outlook remains cautiously bearish due to persistent downward pressure against key moving averages, though the recent 45-day statistical model suggests a modest rebound is possible. However, the long-term investment case is severely compromised by a brutal nine-year trajectory where the asset has lost half its value, capped by three consecutive years of negative annual returns. This multi-year decline signals a structural deterioration in the hedge's effectiveness relative to gold prices, rendering it unsuitable for capital preservation. Furthermore, there is no dividend income to offset these losses, making this a pure speculative bet on gold volatility rather than a viable investment vehicle. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.127690 |
| MSTL | 0.153995 |
| AutoETS | 0.157157 |
| AutoARIMA | 0.170123 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 40% |
| H-stat | 20.62 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.486 |
| Excess Kurtosis | -0.78 |
| Attribute | Value |
|---|---|
| All Time High | 33.36 |
| All Time Low | 4.1 |
| Ask | 0.0 |
| Ask Size | 100 |
| Average Daily Volume10 Day | 1,110 |
| Average Daily Volume3 Month | 5,049 |
| Average Volume | 5,049 |
| Average Volume10Days | 1,110 |
| Beta3 Year | -0.26 |
| Bid | 0.0 |
| Bid Size | 300 |
| Category | Trading--Inverse Commodities |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 4.825 |
| Day Low | 4.825 |
| Dividend Yield | 0.0 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 5.686 |
| Fifty Day Average Change | -0.86100006 |
| Fifty Day Average Change Percent | -0.15142457 |
| Fifty Two Week Change Percent | -25.462961 |
| Fifty Two Week High | 7.41 |
| Fifty Two Week High Change | -2.585 |
| Fifty Two Week High Change Percent | -0.3488529 |
| Fifty Two Week Low | 4.1 |
| Fifty Two Week Low Change | 0.7249999 |
| Fifty Two Week Low Change Percent | 0.17682925 |
| Fifty Two Week Range | 4.1 - 7.41 |
| First Trade Date Milliseconds | 1,204,295,400,000 |
| Five Year Average Return | -0.1298548 |
| Full Exchange Name | NYSEArca |
| Fullday Change | 0.0 |
| Fullday Change Percent | 0.0 |
| Fullday Price | 4.825 |
| Fund Family | Deutsche Bank AG |
| Fund Inception Date | 1,204,070,400 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | 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. |
| Long Name | DB Gold Short ETN |
| Market | us_market |
| Market State | PREPRE |
| Max Age | 86,400 |
| Message Board Id | finmb_41689637 |
| Nav Price | 4.89056 |
| Net Assets | 1,264,066.0 |
| Net Expense Ratio | 0.75 |
| Open | 5.1 |
| Previous Close | 4.825 |
| Price Hint | 4 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.0 |
| Regular Market Change Percent | 0.0 |
| Regular Market Day High | 4.825 |
| Regular Market Day Low | 4.825 |
| Regular Market Day Range | 4.825 - 4.825 |
| Regular Market Open | 5.1 |
| Regular Market Previous Close | 4.825 |
| Regular Market Price | 4.825 |
| Regular Market Time | 1,787,757,479 |
| Regular Market Volume | 159 |
| Short Name | DB Gold Short ETN due February |
| Source Interval | 15 |
| Symbol | DGZ |
| Three Year Average Return | -0.21427299 |
| Total Assets | 1,264,066 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 14.32886 |
| Trailing Three Month Returns | 14.32886 |
| Triggerable | 1 |
| Two Hundred Day Average | 5.41 |
| Two Hundred Day Average Change | -0.58500004 |
| Two Hundred Day Average Change Percent | -0.1081331 |
| Type Disp | ETF |
| Volume | 159 |
| Yield | 0.0 |
| Ytd Return | 6.31123 |