Deutsche Strategic High Fund Price on January 29, 2024
| SHYTX Fund | USD 10.67 0.01 0.09% |
Below is the normalized historical share price chart for Deutsche Strategic High extending back to April 05, 1988. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Deutsche Strategic stands at 10.67, as last reported on the 29th of December, with the highest price reaching 10.67 and the lowest price hitting 10.67 during the day.
If you're considering investing in Deutsche Mutual Fund, it is important to understand the factors that can impact its price. Deutsche Strategic High secures Sharpe Ratio (or Efficiency) of -0.1, which denotes the fund had a -0.1% return per unit of risk over the last 3 months. Deutsche Strategic High exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Deutsche Strategic's Standard Deviation of 0.3524, mean deviation of 0.2307, and Variance of 0.1242 to check the risk estimate we provide.
Deutsche Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Deutsche |
Sharpe Ratio = -0.1048
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| Negative Returns | SHYTX |
Estimated Market Risk
| 0.35 actual daily | 3 97% of assets are more volatile |
Expected Return
| -0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Deutsche Strategic is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Deutsche Strategic by adding Deutsche Strategic to a well-diversified portfolio.
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Deutsche Strategic Valuation on January 29, 2024
It is possible to determine the worth of Deutsche Strategic on a given historical date. On January 29, 2024 Deutsche was worth 10.12 at the beginning of the trading date compared to the closed value of 10.12. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Deutsche Strategic mutual fund. Still, in general, we apply an absolute valuation method to find Deutsche Strategic's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Deutsche Strategic where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Deutsche Strategic's related companies.
| Open | High | Low | Close | Volume | |
| 10.09 | 10.09 | 10.09 | 10.09 | 1.00 | |
01/29/2024 | 10.12 | 10.12 | 10.12 | 10.12 | 1.00 |
| 10.15 | 10.15 | 10.15 | 10.15 | 1.00 |
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Deutsche Strategic Trading Date Momentum on January 29, 2024
| On January 30 2024 Deutsche Strategic High was traded for 10.15 at the closing time. The highest daily price throughout the period was 10.15 and the lowest price was 10.15 . There was no trading activity during the period 1.0. Lack of trading volume on 01/30/2024 added to the next day price jump. The trading price change to closing price of the next trading day was 0.30% . The overall trading delta to current closing price is 0.89% . |
Deutsche Strategic High Fundamentals Correlations and Trends
By evaluating Deutsche Strategic's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Deutsche Strategic's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Deutsche financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Deutsche Strategic Mutual Fund history
Deutsche Strategic investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Deutsche is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Deutsche Strategic High will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Deutsche Strategic stock prices may prove useful in developing a viable investing in Deutsche Strategic
Under normal circumstances, the fund invests at least 80 percent of net assets in securities issued by municipalities across the United States and in other securities whose income is free from regular federal income tax. It may invest up to 20 percent of net assets in securities whose income is subject to the federal alternative minimum tax .
Deutsche Strategic Mutual Fund Technical Analysis
Deutsche Strategic technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Deutsche Strategic Period Price Range
Low | December 29, 2024
| High |
0.00 | 0.00 |
Deutsche Strategic High cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Deutsche Strategic December 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Deutsche Strategic mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Deutsche Strategic shares will generate the highest return on investment. By undertsting and applying Deutsche Strategic mutual fund market strength indicators, traders can identify Deutsche Strategic High entry and exit signals to maximize returns
Deutsche Strategic Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Deutsche Strategic's price direction in advance. Along with the technical and fundamental analysis of Deutsche Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Deutsche to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.05) | |||
| Treynor Ratio | (0.50) |
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| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Deutsche Mutual Fund
Deutsche Strategic financial ratios help investors to determine whether Deutsche Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Deutsche with respect to the benefits of owning Deutsche Strategic security.
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