Deutsche Croci Correlations

SUIIX Fund

USD 53.25 0.10 0.19%

The correlation of Deutsche Croci is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.

Deutsche Croci Correlation With Market

Weak diversification

The correlation between Deutsche Croci International and DJI is 0.32 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Deutsche Croci International and DJI in the same portfolio, assuming nothing else is changed.

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Deutsche Croci International. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Moving together with Deutsche Mutual Fund

0.63	SRMCX	Deutsche Short Term	Pair Corr
0.84	SRMSX	Deutsche Short Term	Pair Corr
0.83	SCEMX	Deutsche Enhanced	Pair Corr
0.93	SCINX	Deutsche Croci Inter	Pair Corr
0.68	SCHLX	Deutsche Health And	Pair Corr
0.83	SCOBX	Deutsche Global Growth	Pair Corr

Moving against Deutsche Mutual Fund

0.34

SSDIX

Deutsche Small Cap

Pair Corr

Related Correlations Analysis

	ALEFX	APWEX	FRNRX	TMCLX	TREIX	AIWEX	IEFCX
ALEFX		0.84	0.91	0.94	0.18	0.84	0.92	ALEFX
APWEX	0.84		0.79	0.83	0.01	1.0	0.76	APWEX
FRNRX	0.91	0.79		0.84	0.05	0.79	0.98	FRNRX
TMCLX	0.94	0.83	0.84		0.42	0.83	0.88	TMCLX
TREIX	0.18	0.01	0.05	0.42		0.01	0.2	TREIX
AIWEX	0.84	1.0	0.79	0.83	0.01		0.76	AIWEX
IEFCX	0.92	0.76	0.98	0.88	0.2	0.76		IEFCX
	ALEFX	APWEX	FRNRX	TMCLX	TREIX	AIWEX	IEFCX

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Risk-Adjusted Indicators

There is a big difference between Deutsche Mutual Fund performing well and Deutsche Croci Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Deutsche Croci's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
ALEFX	1.03	(0.04)	0.00	(0.10)	0.00	1.68	(2.45)	6.21
APWEX	1.06	(0.13)	0.00	(0.24)	0.00	1.80	(1.83)	9.65
FRNRX	0.82	(0.08)	0.00	(0.19)	0.00	1.23	(1.88)	4.45
TMCLX	0.98	0.00	0.00	(0.03)	0.00	1.71	(2.31)	6.34
TREIX	0.06	0.02	0.30	0.98	(0.11)	0.10	(0.10)	0.30
AIWEX	1.05	(0.13)	0.00	(0.24)	0.00	1.86	(1.83)	9.63
IEFCX	0.83	(0.06)	0.00	(0.15)	0.00	1.25	(2.18)	4.47

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