Deutsche Global Correlations

TOLZX Fund

USD 17.04 0.33 1.90%

The current 90-days correlation between Deutsche Global Infr and Artisan Small Cap is 0.02 (i.e., Significant diversification). The correlation of Deutsche Global 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.

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Deutsche Global Infrastructure. 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 nation.

Moving together with Deutsche Mutual Fund

0.64	KTCSX	Deutsche Science And	Pair Corr
0.71	SSDSX	Deutsche Small Cap	Pair Corr
0.79	KDHCX	Deutsche Croci Equity	Pair Corr
0.79	KDHAX	Deutsche Croci Equity	Pair Corr
0.79	KDHIX	Deutsche Croci Equity	Pair Corr
0.67	SCEMX	Deutsche Enhanced	Pair Corr
0.7	SCGSX	Deutsche Capital Growth	Pair Corr
0.7	SCQGX	Deutsche Large Cap	Pair Corr

Moving against Deutsche Mutual Fund

0.51	SCINX	Deutsche Croci Inter	Pair Corr
0.34	GCGGX	Deutsche Gnma	Pair Corr
0.57	SCHLX	Deutsche Health And	Pair Corr
0.57	SUHAX	Deutsche Health And	Pair Corr
0.57	SUHIX	Deutsche Health And	Pair Corr
0.51	SUIIX	Deutsche Croci Inter	Pair Corr
0.51	SUIRX	Deutsche Croci Inter	Pair Corr
0.38	SUHCX	Deutsche Health And	Pair Corr
0.35	SUIAX	Deutsche Croci Inter	Pair Corr
0.35	SUICX	Deutsche Croci Inter	Pair Corr

Related Correlations Analysis

	APDSX	PMDDX	HSCYX	LMBMX	FEODX	KSCYX
APDSX		0.89	0.97	0.95	0.85	0.89	APDSX
PMDDX	0.89		0.93	0.93	0.94	0.92	PMDDX
HSCYX	0.97	0.93		0.99	0.89	0.9	HSCYX
LMBMX	0.95	0.93	0.99		0.89	0.91	LMBMX
FEODX	0.85	0.94	0.89	0.89		0.78	FEODX
KSCYX	0.89	0.92	0.9	0.91	0.78		KSCYX
	APDSX	PMDDX	HSCYX	LMBMX	FEODX	KSCYX

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Risk-Adjusted Indicators

There is a big difference between Deutsche Mutual Fund performing well and Deutsche Global 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 Global'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	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
APDSX	0.95	0.02	0.04	0.13	1.15	(0.95)	2.03	(1.99)	5.77
PMDDX	0.72	0.13	0.03	1.75	0.67	(0.84)	1.61	(1.31)	5.22
HSCYX	0.87	(0.01)	0.02	0.10	0.95	(0.95)	1.77	(1.57)	6.60
LMBMX	0.94	(0.03)	0.03	0.09	0.99	(1.03)	1.95	(1.75)	8.01
FEODX	0.86	0.09	(0.01)	0.64	0.99	(0.92)	1.76	(1.41)	6.51
KSCYX	1.37	0.45	0.22	0.52	1.39	(1.50)	3.29	(2.82)	13.94

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Deutsche Global Correlations

Moving together with Deutsche Mutual Fund

Moving against Deutsche Mutual Fund

Related Correlations Analysis

Risk-Adjusted Indicators

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