Deutsche E Correlations

Mutual Funds . USA . 
Fund . Deutsche E Equity
SUWIX Fund  USD 38.77  0.20  0.51%   
The current 90-days correlation between Deutsche E Equity and Pimco Diversified Income is 0.24 (i.e., Modest diversification). The correlation of Deutsche E 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 E Correlation With Market

Significant diversification

The correlation between Deutsche E Equity and DJI is 0.08 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Deutsche E Equity 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 E Equity. 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

  0.93KTCAX Deutsche Science AndPairCorr
  0.99SCPIX Deutsche Sp 500PairCorr
  0.99BTIEX Deutsche Equity 500PairCorr
  0.96SDGAX Deutsche Capital GrowthPairCorr
  0.96SDGCX Deutsche Capital GrowthPairCorr
  0.94TISHX Deutsche MunicationsPairCorr
  0.91KGDCX Deutsche Global SmallPairCorr
  0.93SZCIX Deutsche Small CapPairCorr
  0.64PPLSX Deutsche Multi AssetPairCorr
  0.94FLICX Deutsche MunicationsPairCorr
  0.95SNPTX Dws Equity SectorPairCorr
  0.97VTSAX Vanguard Total StockPairCorr
  0.99VFIAX Vanguard 500 IndexPairCorr
  0.97VTSMX Vanguard Total StockPairCorr
  1.0VITSX Vanguard Total StockPairCorr
  0.97VSMPX Vanguard Total StockPairCorr
  0.97VSTSX Vanguard Total StockPairCorr
  0.99VFINX Vanguard 500 IndexPairCorr
  0.97VFFSX Vanguard 500 IndexPairCorr
  0.97VINIX Vanguard InstitutionalPairCorr
  0.97VIIIX Vanguard InstitutionalPairCorr
  0.95ELFNX Elfun Trusts ElfunPairCorr
  0.82ACP Aberdeen Income CreditPairCorr

Moving against Deutsche Mutual Fund

  0.68SCHLX Deutsche Health AndPairCorr
  0.66GGGGX Deutsche GnmaPairCorr
  0.61DURSX Deutsche European EquityPairCorr
  0.56RRGRX Deutsche Global RealPairCorr
  0.48SUIRX Deutsche Croci InterPairCorr
  0.84JNJ Johnson Johnson Fiscal Year End 28th of January 2025 PairCorr
  0.73MRK Merck Company Fiscal Year End 6th of February 2025 PairCorr
  0.6PFHCX Pacific Funds SmallPairCorr
  0.47NHS Neuberger Berman HighPairCorr
  0.34BA Boeing Buyout TrendPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Deutsche Mutual Fund performing well and Deutsche E 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 E'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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2024 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY