Deutsche European Equity Fund Market Value
| DURSX Fund | USD 13.35 0.12 0.89% |
| Symbol | Deutsche |
Deutsche European 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Deutsche European's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Deutsche European.
| 11/11/2024 |
| 12/11/2024 |
If you would invest 0.00 in Deutsche European on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding Deutsche European Equity or generate 0.0% return on investment in Deutsche European over 30 days. Deutsche European is related to or competes with Rbb Fund, Issachar Fund, Nasdaq 100, T Rowe, L Abbett, Volumetric Fund, and Artisan Thematic. The fund invests at least 80 percent of net assets, plus the amount of any borrowings for investment purposes, in foreig... More
Deutsche European Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Deutsche European's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Deutsche European Equity upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 4.46 | |||
| Value At Risk | (1.28) | |||
| Potential Upside | 1.53 |
Deutsche European Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Deutsche European's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Deutsche European's standard deviation. In reality, there are many statistical measures that can use Deutsche European historical prices to predict the future Deutsche European's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.18) | |||
| Treynor Ratio | (0.32) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Deutsche European's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Deutsche European Equity Backtested Returns
Deutsche European Equity secures Sharpe Ratio (or Efficiency) of -0.0612, which denotes the fund had a -0.0612% return per unit of risk over the last 3 months. Deutsche European Equity exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Deutsche European's Standard Deviation of 0.8597, variance of 0.7391, and Mean Deviation of 0.6685 to check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.14, which means not very significant fluctuations relative to the market. As returns on the market increase, Deutsche European's returns are expected to increase less than the market. However, during the bear market, the loss of holding Deutsche European is expected to be smaller as well.
Auto-correlation | -0.83 |
Excellent reverse predictability
Deutsche European Equity has excellent reverse predictability. Overlapping area represents the amount of predictability between Deutsche European time series from 11th of November 2024 to 26th of November 2024 and 26th of November 2024 to 11th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Deutsche European Equity price movement. The serial correlation of -0.83 indicates that around 83.0% of current Deutsche European price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.83 | |
| Spearman Rank Test | -0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Deutsche European Equity lagged returns against current returns
Autocorrelation, which is Deutsche European mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Deutsche European's mutual fund expected returns. We can calculate the autocorrelation of Deutsche European returns to help us make a trade decision. For example, suppose you find that Deutsche European has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Deutsche European regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Deutsche European mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Deutsche European mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Deutsche European mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Deutsche European Lagged Returns
When evaluating Deutsche European's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Deutsche European mutual fund have on its future price. Deutsche European autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Deutsche European autocorrelation shows the relationship between Deutsche European mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Deutsche European Equity.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Deutsche Mutual Fund
Deutsche European 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 European security.
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