Deutsche Capital Growth Fund Market Value
| SDGAX Fund | USD 133.57 0.48 0.36% |
| Symbol | Deutsche |
Deutsche Capital '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 Capital'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 Capital.
| 08/19/2023 |
| 12/11/2024 |
If you would invest 0.00 in Deutsche Capital on August 19, 2023 and sell it all today you would earn a total of 0.00 from holding Deutsche Capital Growth or generate 0.0% return on investment in Deutsche Capital over 480 days. Deutsche Capital is related to or competes with Blackrock Health, Vanguard Health, Live Oak, Lord Abbett, and Health Biotchnology. The fund normally invests at least 65 percent of total assets in equities, mainly common stocks of U.S More
Deutsche Capital 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 Capital'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 Capital Growth upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9649 | |||
| Information Ratio | 0.0741 | |||
| Maximum Drawdown | 4.68 | |||
| Value At Risk | (1.30) | |||
| Potential Upside | 1.55 |
Deutsche Capital Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Deutsche Capital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Deutsche Capital's standard deviation. In reality, there are many statistical measures that can use Deutsche Capital historical prices to predict the future Deutsche Capital's volatility.| Risk Adjusted Performance | 0.1611 | |||
| Jensen Alpha | 0.0951 | |||
| Total Risk Alpha | 0.043 | |||
| Sortino Ratio | 0.065 | |||
| Treynor Ratio | 0.2471 |
Deutsche Capital Growth Backtested Returns
At this stage we consider Deutsche Mutual Fund to be very steady. Deutsche Capital Growth secures Sharpe Ratio (or Efficiency) of 0.17, which denotes the fund had a 0.17% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Deutsche Capital Growth, which you can use to evaluate the volatility of the entity. Please confirm Deutsche Capital's Coefficient Of Variation of 452.4, mean deviation of 0.5942, and Downside Deviation of 0.9649 to check if the risk estimate we provide is consistent with the expected return of 0.14%. The fund shows a Beta (market volatility) of 0.72, which means possible diversification benefits within a given portfolio. As returns on the market increase, Deutsche Capital's returns are expected to increase less than the market. However, during the bear market, the loss of holding Deutsche Capital is expected to be smaller as well.
Auto-correlation | 0.74 |
Good predictability
Deutsche Capital Growth has good predictability. Overlapping area represents the amount of predictability between Deutsche Capital time series from 19th of August 2023 to 15th of April 2024 and 15th of April 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 Capital Growth price movement. The serial correlation of 0.74 indicates that around 74.0% of current Deutsche Capital price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.74 | |
| Spearman Rank Test | 0.81 | |
| Residual Average | 0.0 | |
| Price Variance | 40.15 |
Deutsche Capital Growth lagged returns against current returns
Autocorrelation, which is Deutsche Capital 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 Capital's mutual fund expected returns. We can calculate the autocorrelation of Deutsche Capital returns to help us make a trade decision. For example, suppose you find that Deutsche Capital 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 Capital 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 Capital mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Deutsche Capital 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 Capital mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Deutsche Capital Lagged Returns
When evaluating Deutsche Capital's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Deutsche Capital mutual fund have on its future price. Deutsche Capital 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 Capital autocorrelation shows the relationship between Deutsche Capital mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Deutsche Capital Growth.
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 Capital 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 Capital security.
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