Deutsche Small Cap Fund Market Value

SSDZX Fund  USD 36.57  0.10  0.27%   
Deutsche Small's market value is the price at which a share of Deutsche Small trades on a public exchange. It measures the collective expectations of Deutsche Small Cap investors about its performance. Deutsche Small is trading at 36.57 as of the 10th of December 2024; that is 0.27% down since the beginning of the trading day. The fund's open price was 36.67.
With this module, you can estimate the performance of a buy and hold strategy of Deutsche Small Cap and determine expected loss or profit from investing in Deutsche Small over a given investment horizon. Check out Deutsche Small Correlation, Deutsche Small Volatility and Deutsche Small Alpha and Beta module to complement your research on Deutsche Small.
Symbol

Please note, there is a significant difference between Deutsche Small's value and its price as these two are different measures arrived at by different means. Investors typically determine if Deutsche Small is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Deutsche Small's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Deutsche Small '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 Small'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 Small.
0.00
12/16/2023
No Change 0.00  0.0 
In 11 months and 26 days
12/10/2024
0.00
If you would invest  0.00  in Deutsche Small on December 16, 2023 and sell it all today you would earn a total of 0.00 from holding Deutsche Small Cap or generate 0.0% return on investment in Deutsche Small over 360 days. Deutsche Small is related to or competes with Calvert Global, Gmo Resources, Oil Gas, and Firsthand Alternative. The fund invests at least 80 percent of its assets, determined at the time of purchase, in stocks and other securities w... More

Deutsche Small 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 Small'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 Small Cap upside and downside potential and time the market with a certain degree of confidence.

Deutsche Small Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Deutsche Small's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Deutsche Small's standard deviation. In reality, there are many statistical measures that can use Deutsche Small historical prices to predict the future Deutsche Small's volatility.
Hype
Prediction
LowEstimatedHigh
35.5236.5737.62
Details
Intrinsic
Valuation
LowRealHigh
35.2736.3237.37
Details
Naive
Forecast
LowNextHigh
35.3736.4237.47
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
36.4736.8737.27
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Deutsche Small. Your research has to be compared to or analyzed against Deutsche Small's peers to derive any actionable benefits. When done correctly, Deutsche Small's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Deutsche Small Cap.

Deutsche Small Cap Backtested Returns

At this stage we consider Deutsche Mutual Fund to be very steady. Deutsche Small Cap secures Sharpe Ratio (or Efficiency) of 0.15, which denotes the fund had a 0.15% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Deutsche Small Cap, which you can use to evaluate the volatility of the entity. Please confirm Deutsche Small's Coefficient Of Variation of 664.27, downside deviation of 0.8776, and Mean Deviation of 0.7665 to check if the risk estimate we provide is consistent with the expected return of 0.16%. The fund shows a Beta (market volatility) of 1.19, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Deutsche Small will likely underperform.

Auto-correlation

    
  0.32  

Below average predictability

Deutsche Small Cap has below average predictability. Overlapping area represents the amount of predictability between Deutsche Small time series from 16th of December 2023 to 13th of June 2024 and 13th of June 2024 to 10th 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 Small Cap price movement. The serial correlation of 0.32 indicates that nearly 32.0% of current Deutsche Small price fluctuation can be explain by its past prices.
Correlation Coefficient0.32
Spearman Rank Test0.45
Residual Average0.0
Price Variance1.61

Deutsche Small Cap lagged returns against current returns

Autocorrelation, which is Deutsche Small 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 Small's mutual fund expected returns. We can calculate the autocorrelation of Deutsche Small returns to help us make a trade decision. For example, suppose you find that Deutsche Small 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 Small 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 Small mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Deutsche Small 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 Small mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Deutsche Small Lagged Returns

When evaluating Deutsche Small's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Deutsche Small mutual fund have on its future price. Deutsche Small 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 Small autocorrelation shows the relationship between Deutsche Small mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Deutsche Small Cap.
   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 Small 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 Small security.
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