Dws Equity Sector Fund Market Value
| SNPTX Fund | 18.91 0.04 0.21% |
| Symbol | Dws |
Dws Equity '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 Equity'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 Dws Equity.
| 08/19/2023 |
| 12/11/2024 |
If you would invest 0.00 in Dws Equity on August 19, 2023 and sell it all today you would earn a total of 0.00 from holding Dws Equity Sector or generate 0.0% return on investment in Dws Equity over 480 days. Dws Equity is related to or competes with Wealthbuilder Conservative, Calvert Conservative, Prudential Core, Wilmington Diversified, Jpmorgan Diversified, Blackrock Conservative, and Allianzgi Diversified. Under normal circumstances, the fund invests at least 80 percent of net assets, plus the amount of any borrowings for in... More
Dws Equity 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 Equity'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 Dws Equity Sector upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6551 | |||
| Information Ratio | 0.0014 | |||
| Maximum Drawdown | 3.42 | |||
| Value At Risk | (0.99) | |||
| Potential Upside | 0.9243 |
Dws Equity Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dws Equity's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dws Equity's standard deviation. In reality, there are many statistical measures that can use Dws Equity historical prices to predict the future Dws Equity's volatility.| Risk Adjusted Performance | 0.1498 | |||
| Jensen Alpha | 0.1017 | |||
| Total Risk Alpha | 0.0209 | |||
| Sortino Ratio | 0.0013 | |||
| Treynor Ratio | 0.9704 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Dws Equity'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.
Dws Equity Sector Backtested Returns
At this stage we consider Dws Mutual Fund to be very steady. Dws Equity Sector secures Sharpe Ratio (or Efficiency) of 0.18, which denotes the fund had a 0.18% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Dws Equity Sector, which you can use to evaluate the volatility of the entity. Please confirm Dws Equity's Mean Deviation of 0.4237, coefficient of variation of 475.52, and Downside Deviation of 0.6551 to check if the risk estimate we provide is consistent with the expected return of 0.1%. The fund shows a Beta (market volatility) of 0.12, which means not very significant fluctuations relative to the market. As returns on the market increase, Dws Equity's returns are expected to increase less than the market. However, during the bear market, the loss of holding Dws Equity is expected to be smaller as well.
Auto-correlation | 0.85 |
Very good predictability
Dws Equity Sector has very good predictability. Overlapping area represents the amount of predictability between Dws Equity 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 Dws Equity Sector price movement. The serial correlation of 0.85 indicates that around 85.0% of current Dws Equity price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.85 | |
| Spearman Rank Test | 0.87 | |
| Residual Average | 0.0 | |
| Price Variance | 0.57 |
Dws Equity Sector lagged returns against current returns
Autocorrelation, which is Dws Equity 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 Dws Equity's mutual fund expected returns. We can calculate the autocorrelation of Dws Equity returns to help us make a trade decision. For example, suppose you find that Dws Equity 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 |
Dws Equity 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 Equity mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dws Equity mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dws Equity mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Dws Equity Lagged Returns
When evaluating Dws Equity's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dws Equity mutual fund have on its future price. Dws Equity 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 Equity autocorrelation shows the relationship between Dws Equity mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Dws Equity Sector.
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 Dws Mutual Fund
Dws Equity financial ratios help investors to determine whether Dws 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 Dws with respect to the benefits of owning Dws Equity security.
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