Deutsche Real Estate Fund Market Value
| RRRRX Fund | USD 23.89 0.12 0.50% |
| Symbol | DEUTSCHE |
Deutsche Real '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 Real'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 Real.
| 09/02/2024 |
| 12/01/2024 |
If you would invest 0.00 in Deutsche Real on September 2, 2024 and sell it all today you would earn a total of 0.00 from holding Deutsche Real Estate or generate 0.0% return on investment in Deutsche Real over 90 days. Deutsche Real is related to or competes with Realty Income, Dynex Capital, First Industrial, Healthcare Realty, Kennedy Wilson, Belpointe PREP, and Park Hotels. The fund will invest at least 80 percent of its net assets, plus the amount of any borrowing for investment purposes , i... More
Deutsche Real 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 Real'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 Real Estate upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.916 | |||
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 3.82 | |||
| Value At Risk | (1.37) | |||
| Potential Upside | 1.35 |
Deutsche Real Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Deutsche Real's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Deutsche Real's standard deviation. In reality, there are many statistical measures that can use Deutsche Real historical prices to predict the future Deutsche Real's volatility.| Risk Adjusted Performance | 0.0619 | |||
| Jensen Alpha | 0.054 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | (0.08) | |||
| Treynor Ratio | 1.66 |
Deutsche Real Estate Backtested Returns
At this stage we consider DEUTSCHE Mutual Fund to be very steady. Deutsche Real Estate secures Sharpe Ratio (or Efficiency) of 0.0696, which denotes the fund had a 0.0696% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Deutsche Real Estate, which you can use to evaluate the volatility of the entity. Please confirm Deutsche Real's Coefficient Of Variation of 1258.15, downside deviation of 0.916, and Mean Deviation of 0.71 to check if the risk estimate we provide is consistent with the expected return of 0.0603%. The fund shows a Beta (market volatility) of 0.0353, which means not very significant fluctuations relative to the market. As returns on the market increase, Deutsche Real's returns are expected to increase less than the market. However, during the bear market, the loss of holding Deutsche Real is expected to be smaller as well.
Auto-correlation | -0.38 |
Poor reverse predictability
Deutsche Real Estate has poor reverse predictability. Overlapping area represents the amount of predictability between Deutsche Real time series from 2nd of September 2024 to 17th of October 2024 and 17th of October 2024 to 1st 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 Real Estate price movement. The serial correlation of -0.38 indicates that just about 38.0% of current Deutsche Real price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.38 | |
| Spearman Rank Test | 0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 0.11 |
Deutsche Real Estate lagged returns against current returns
Autocorrelation, which is Deutsche Real 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 Real's mutual fund expected returns. We can calculate the autocorrelation of Deutsche Real returns to help us make a trade decision. For example, suppose you find that Deutsche Real 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 Real 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 Real mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Deutsche Real 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 Real mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Deutsche Real Lagged Returns
When evaluating Deutsche Real's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Deutsche Real mutual fund have on its future price. Deutsche Real 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 Real autocorrelation shows the relationship between Deutsche Real mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Deutsche Real Estate.
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 Real 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 Real security.
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