Deutsche Health And Fund Market Value

SUHAX Fund  USD 39.18  0.10  0.26%   
Deutsche Health's market value is the price at which a share of Deutsche Health trades on a public exchange. It measures the collective expectations of Deutsche Health And investors about its performance. Deutsche Health is trading at 39.18 as of the 5th of December 2024; that is 0.26% up since the beginning of the trading day. The fund's open price was 39.08.
With this module, you can estimate the performance of a buy and hold strategy of Deutsche Health And and determine expected loss or profit from investing in Deutsche Health over a given investment horizon. Check out Deutsche Health Correlation, Deutsche Health Volatility and Deutsche Health Alpha and Beta module to complement your research on Deutsche Health.
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Please note, there is a significant difference between Deutsche Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Deutsche Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Deutsche Health'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 Health '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 Health'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 Health.
0.00
11/05/2024
No Change 0.00  0.0 
In 31 days
12/05/2024
0.00
If you would invest  0.00  in Deutsche Health on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding Deutsche Health And or generate 0.0% return on investment in Deutsche Health over 30 days. Deutsche Health is related to or competes with Us Vector, Balanced Fund, Calamos Global, Us Strategic, Ms Global, Locorr Dynamic, and The Hartford. Under normal circumstances, the fund will invest at least 80 percent of net assets, plus the amount of any borrowings fo... More

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

Deutsche Health Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Deutsche Health's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Deutsche Health's standard deviation. In reality, there are many statistical measures that can use Deutsche Health historical prices to predict the future Deutsche Health's volatility.
Hype
Prediction
LowEstimatedHigh
38.5039.1839.86
Details
Intrinsic
Valuation
LowRealHigh
38.5839.2639.94
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Deutsche Health. Your research has to be compared to or analyzed against Deutsche Health's peers to derive any actionable benefits. When done correctly, Deutsche Health'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 Health And.

Deutsche Health And Backtested Returns

Deutsche Health And secures Sharpe Ratio (or Efficiency) of -0.0834, which denotes the fund had a -0.0834% return per unit of risk over the last 3 months. Deutsche Health And exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Deutsche Health's Standard Deviation of 0.6883, variance of 0.4738, and Mean Deviation of 0.534 to check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.55, which means possible diversification benefits within a given portfolio. As returns on the market increase, Deutsche Health's returns are expected to increase less than the market. However, during the bear market, the loss of holding Deutsche Health is expected to be smaller as well.

Auto-correlation

    
  -0.53  

Good reverse predictability

Deutsche Health And has good reverse predictability. Overlapping area represents the amount of predictability between Deutsche Health time series from 5th of November 2024 to 20th of November 2024 and 20th of November 2024 to 5th 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 Health And price movement. The serial correlation of -0.53 indicates that about 53.0% of current Deutsche Health price fluctuation can be explain by its past prices.
Correlation Coefficient-0.53
Spearman Rank Test-0.75
Residual Average0.0
Price Variance0.16

Deutsche Health And lagged returns against current returns

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

Deutsche Health Lagged Returns

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

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Other Information on Investing in Deutsche Mutual Fund

Deutsche Health 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 Health security.
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