(EL4S) Deka Deutsche Börse EUROGOV - Ratings and Ratios

The Deka Deutsche Börse EUROGOV Germany 1-3 UCITS ETF (XETRA:EL4S) is a short-term government bond ETF tracking the Morningstar EZN 1-3 Yr Tsy Bd GR EUR index. It provides exposure to German government bonds with maturities between 1 to 3 years, offering a low-risk investment option for investors seeking stability in the eurozone bond market.

From a technical standpoint, the ETF shows stable price action with a 20-day average volume of 1,168 shares. The last price of 76.42 EUR aligns closely with its SMA 20 (76.30) and SMA 50 (76.14), indicating a neutral short-term trend. The SMA 200 (75.40) suggests a slight upward trajectory over the longer term. Volatility remains low, with an ATR of 0.08, reflecting minimal price fluctuations.

Fundamentally, the ETF manages assets of 288.26M EUR, indicating moderate scale and liquidity in the market. As a UCITS-compliant fund, it adheres to strict regulatory standards, ensuring transparency and investor protection. The focus on short-duration German government bonds makes it less sensitive to interest rate changes compared to longer-duration securities.

3-Month Outlook: Based on and , the ETF is expected to remain stable with potential for slight price appreciation. The low ATR and alignment of SMA levels suggest continued range-bound trading. indicates sustained investor interest in low-risk assets, supporting the ETFs performance. Overall, the forecast suggests minimal volatility with a potential upside of 0.5-1.0% over the next quarter.