DWS Top (Germany) Market Value
| HJUA Fund | EUR 141.71 0.65 0.46% |
| Symbol | DWS |
DWS Top '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 DWS Top's 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 DWS Top.
| 07/24/2024 |
| 01/20/2025 |
If you would invest 0.00 in DWS Top on July 24, 2024 and sell it all today you would earn a total of 0.00 from holding DWS Top Dividende or generate 0.0% return on investment in DWS Top over 180 days. More
DWS Top 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 DWS Top's 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 DWS Top Dividende upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 4.46 | |||
| Value At Risk | (1.05) | |||
| Potential Upside | 0.7493 |
DWS Top Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for DWS Top's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as DWS Top's standard deviation. In reality, there are many statistical measures that can use DWS Top historical prices to predict the future DWS Top's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.04) | |||
| Treynor Ratio | (0.12) |
DWS Top Dividende Backtested Returns
DWS Top Dividende secures Sharpe Ratio (or Efficiency) of -0.0684, which denotes the fund had a -0.0684 % return per unit of volatility over the last 3 months. DWS Top Dividende exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm DWS Top's Standard Deviation of 0.6712, mean deviation of 0.5175, and Market Risk Adjusted Performance of (0.11) to check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.19, which means not very significant fluctuations relative to the market. As returns on the market increase, DWS Top's returns are expected to increase less than the market. However, during the bear market, the loss of holding DWS Top is expected to be smaller as well.
Auto-correlation | -0.36 |
Poor reverse predictability
DWS Top Dividende has poor reverse predictability. Overlapping area represents the amount of predictability between DWS Top time series from 24th of July 2024 to 22nd of October 2024 and 22nd of October 2024 to 20th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of DWS Top Dividende price movement. The serial correlation of -0.36 indicates that just about 36.0% of current DWS Top price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.36 | |
| Spearman Rank Test | -0.63 | |
| Residual Average | 0.0 | |
| Price Variance | 8.64 |
DWS Top Dividende lagged returns against current returns
Autocorrelation, which is DWS Top 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 DWS Top's fund expected returns. We can calculate the autocorrelation of DWS Top returns to help us make a trade decision. For example, suppose you find that DWS Top has exhibited high autocorrelation historically, and you observe that the 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 |
DWS Top 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 DWS Top fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if DWS Top fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in DWS Top fund over time.
Current vs Lagged Prices |
| Timeline |
DWS Top Lagged Returns
When evaluating DWS Top's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of DWS Top fund have on its future price. DWS Top 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, DWS Top autocorrelation shows the relationship between DWS Top fund current value and its past values and can show if there is a momentum factor associated with investing in DWS Top Dividende.
Regressed Prices |
| Timeline |
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DWS Top financial ratios help investors to determine whether DWS 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 DWS with respect to the benefits of owning DWS Top security.
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