DAC output level setting

I have a perhaps obvious question, but here goes.
If I set the (digital) output of a DAC to 0dB, can I assume that the analog output signal level is exactly the same
as the signal level encoded in the digital (AES, S/PDIF, USB) input level?

In other words, whatever the specified max output of the DAC may be, at 0dB volume setting there is no signal gain or attenuation from digital in to analog out?

Jan
 
The signal level in your digital signal isn't referenced to any specific analog level the DAC produces.
A digital signal level of 0dbFS should produce the maximum analog output level your DAC is spec'd at.........whatever that might be.
Generally, for consumer gear, in the neighborhood of 2 volts RMS. But, it could be anything.

Dave.