Deutsche E Equity Fund Market Value
| SUWZX Fund | USD 35.11 0.33 0.95% |
| Symbol | Deutsche |
Deutsche E '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 E'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 E.
| 11/25/2024 |
| 12/25/2024 |
If you would invest 0.00 in Deutsche E on November 25, 2024 and sell it all today you would earn a total of 0.00 from holding Deutsche E Equity or generate 0.0% return on investment in Deutsche E over 30 days. Deutsche E is related to or competes with Deutsche Gnma, Deutsche Short, Deutsche Short, Deutsche Science, Deutsche Science, Deutsche Science, and Deutsche Science. Under normal circumstances, the fund invests at least 80 percent of total assets, determined at the time of purchase, in... More
Deutsche E 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 E'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 E Equity upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 10.48 | |||
| Value At Risk | (1.34) | |||
| Potential Upside | 0.9083 |
Deutsche E Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Deutsche E's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Deutsche E's standard deviation. In reality, there are many statistical measures that can use Deutsche E historical prices to predict the future Deutsche E's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.12) | |||
| Treynor Ratio | (0.31) |
Deutsche E Equity Backtested Returns
Deutsche E Equity secures Sharpe Ratio (or Efficiency) of -0.0487, which denotes the fund had a -0.0487% return per unit of risk over the last 3 months. Deutsche E Equity exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Deutsche E's Variance of 1.5, standard deviation of 1.22, and Mean Deviation of 0.6729 to check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.22, which means not very significant fluctuations relative to the market. As returns on the market increase, Deutsche E's returns are expected to increase less than the market. However, during the bear market, the loss of holding Deutsche E is expected to be smaller as well.
Auto-correlation | -0.77 |
Almost perfect reverse predictability
Deutsche E Equity has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Deutsche E time series from 25th of November 2024 to 10th of December 2024 and 10th of December 2024 to 25th 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 E Equity price movement. The serial correlation of -0.77 indicates that around 77.0% of current Deutsche E price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.77 | |
| Spearman Rank Test | -0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 3.33 |
Deutsche E Equity lagged returns against current returns
Autocorrelation, which is Deutsche E 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 E's mutual fund expected returns. We can calculate the autocorrelation of Deutsche E returns to help us make a trade decision. For example, suppose you find that Deutsche E 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 E 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 E mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Deutsche E 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 E mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Deutsche E Lagged Returns
When evaluating Deutsche E's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Deutsche E mutual fund have on its future price. Deutsche E 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 E autocorrelation shows the relationship between Deutsche E mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Deutsche E Equity.
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 E 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 E security.
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