Deutsche Science Correlations

KTCIX Fund

USD 52.35 1.35 2.51%

The current 90-days correlation between Deutsche Science And and Software And It is 0.5 (i.e., Very weak diversification). The correlation of Deutsche Science is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.

Deutsche Science Correlation With Market

Almost no diversification

The correlation between Deutsche Science And and DJI is 0.91 (i.e., Almost no diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Deutsche Science And and DJI in the same portfolio, assuming nothing else is changed.

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Deutsche Science And. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Moving together with Deutsche Mutual Fund

0.72	SRMAX	Deutsche Short Term	Pair Corr
0.63	SRMCX	Deutsche Short Term	Pair Corr
0.91	KTCCX	Deutsche Science And	Pair Corr
1.0	KTCSX	Deutsche Science And	Pair Corr
0.72	SRMSX	Deutsche Short Term	Pair Corr
0.87	SSDIX	Deutsche Small Cap	Pair Corr
0.7	SCHLX	Deutsche Health And	Pair Corr
0.89	BTIRX	Deutsche Equity 500	Pair Corr
0.75	SUIRX	Deutsche Croci Inter	Pair Corr
0.86	BTIEX	Deutsche Equity 500	Pair Corr
0.69	SUHIX	Deutsche Health And	Pair Corr
0.84	SUPAX	Deutsche Multi Asset	Pair Corr
0.65	SEKRX	Dws Emerging Markets	Pair Corr
0.9	SXPCX	Deutsche Sp 500	Pair Corr
0.74	TOLSX	Deutsche Global Infr	Pair Corr
0.74	TOLZX	Deutsche Global Infr	Pair Corr
0.77	PPLCX	Deutsche Short Duration	Pair Corr
0.9	SNPTX	Dws Equity Sector	Pair Corr
0.84	MGHYX	Deutsche Global High	Pair Corr
0.89	DESCX	Dws Esg Core	Pair Corr
0.7	SPDCX	Deutsche Multi Asset	Pair Corr
0.68	SPDAX	Deutsche Multi Asset	Pair Corr
0.82	FSELX	Fidelity Select Semi	Pair Corr
0.66	FSPTX	Technology Portfolio	Pair Corr
0.85	SLMCX	Columbia Seligman	Pair Corr
0.88	SCICX	Columbia Seligman	Pair Corr
0.84	CCIFX	Columbia Seligman	Pair Corr
0.89	PRSCX	T Rowe Price	Pair Corr
0.69	FSCSX	Software And It	Pair Corr
0.65	PFN	Pimco Income Strategy	Pair Corr

Moving against Deutsche Mutual Fund

0.68	XNBHX	Neuberger Berman Int	Pair Corr
0.53	XNXJX	Nuveen New Jersey	Pair Corr
0.51	XDSMX	Dreyfus Strategic	Pair Corr
0.32	NXJ	Nuveen New Jersey	Pair Corr

Related Correlations Analysis

	FSELX	FSPTX	VITAX	SLMCX	SCICX	CCIFX	PRSCX	FSCSX
FSELX		0.72	0.29	0.9	0.82	0.9	0.89	0.44	FSELX
FSPTX	0.72		0.3	0.64	0.65	0.65	0.62	0.45	FSPTX
VITAX	0.29	0.3		0.17	0.08	0.19	0.13	0.44	VITAX
SLMCX	0.9	0.64	0.17		0.93	1.0	0.88	0.4	SLMCX
SCICX	0.82	0.65	0.08	0.93		0.92	0.9	0.49	SCICX
CCIFX	0.9	0.65	0.19	1.0	0.92		0.87	0.38	CCIFX
PRSCX	0.89	0.62	0.13	0.88	0.9	0.87		0.53	PRSCX
FSCSX	0.44	0.45	0.44	0.4	0.49	0.38	0.53		FSCSX
	FSELX	FSPTX	VITAX	SLMCX	SCICX	CCIFX	PRSCX	FSCSX

Risk-Adjusted Indicators

There is a big difference between Deutsche Mutual Fund performing well and Deutsche Science Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Deutsche Science's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
FSELX	1.68	0.12	0.06	0.12	2.02	(1.72)	3.75	(3.66)	11.54
FSPTX	1.12	(0.03)	(0.01)	0.02	1.64	(1.03)	2.09	(2.63)	9.32
VITAX	1.00	(0.17)	0.00	(0.14)	0.00	0.00	1.46	(2.72)	5.48
SLMCX	1.51	0.30	0.12	(1.65)	1.79	(1.52)	2.83	(3.43)	13.25
SCICX	1.89	0.60	0.28	0.77	1.49	(2.19)	2.51	(3.42)	40.15
CCIFX	1.49	0.27	0.10	(1.70)	1.80	(1.47)	2.82	(3.43)	11.61
PRSCX	1.25	0.14	0.08	0.19	1.54	(1.27)	2.45	(2.96)	14.56
FSCSX	1.40	(0.23)	0.00	(0.21)	0.00	0.00	1.82	(2.68)	21.95

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2026 Macroaxis LLC