Deutsche Capital Correlations

SDGZX Fund

USD 135.31 0.94 0.70%

The current 90-days correlation between Deutsche Capital Growth and Msif Real Estate is 0.01 (i.e., Significant diversification). The correlation of Deutsche Capital 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 Capital Correlation With Market

Poor diversification

The correlation between Deutsche Capital Growth and DJI is 0.66 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Deutsche Capital Growth and DJI in the same portfolio, assuming nothing else is changed.

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Deutsche Capital Growth. 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 nation.

Moving together with DEUTSCHE Mutual Fund

0.98	KTCCX	Deutsche Science And	Pair Corr
0.99	KTCAX	Deutsche Science And	Pair Corr
0.99	KTCIX	Deutsche Science And	Pair Corr
0.99	KTCSX	Deutsche Science And	Pair Corr
0.86	SSDZX	Deutsche Small Cap	Pair Corr
0.86	SSDAX	Deutsche Small Cap	Pair Corr
0.86	SSDSX	Deutsche Small Cap	Pair Corr
0.87	KDHSX	Deutsche Croci Equity	Pair Corr
0.86	KDHCX	Deutsche Croci Equity	Pair Corr
0.87	KDHIX	Deutsche Croci Equity	Pair Corr
0.98	SCDGX	Deutsche E Equity	Pair Corr
0.73	SCEMX	Deutsche Enhanced	Pair Corr
0.99	SCQGX	Deutsche Large Cap	Pair Corr
0.99	SCPIX	Deutsche Sp 500	Pair Corr
0.99	BTIRX	Deutsche Equity 500	Pair Corr
0.99	BTIIX	Deutsche Equity 500	Pair Corr
0.99	BTIEX	Deutsche Equity 500	Pair Corr
0.98	SUPAX	Deutsche Multi Asset	Pair Corr
0.98	SUPCX	Deutsche Multi Asset	Pair Corr
0.98	SUWZX	Deutsche E Equity	Pair Corr
0.98	SUWAX	Deutsche E Equity	Pair Corr
0.98	SUWCX	Deutsche E Equity	Pair Corr
0.98	SUWIX	Deutsche E Equity	Pair Corr

Moving against DEUTSCHE Mutual Fund

0.78	GCGGX	Deutsche Gnma	Pair Corr
0.4	SRMCX	Deutsche Short Term	Pair Corr
0.75	SCHLX	Deutsche Health And	Pair Corr
0.73	SUHAX	Deutsche Health And	Pair Corr
0.73	SUHIX	Deutsche Health And	Pair Corr
0.73	SUHCX	Deutsche Health And	Pair Corr
0.59	SUIAX	Deutsche Croci Inter	Pair Corr
0.33	SCMAX	Deutsche Massachusetts	Pair Corr
0.78	GGGGX	Deutsche Gnma	Pair Corr
0.44	RRGCX	Deutsche Global Real	Pair Corr

Related Correlations Analysis

	MURSX	CNREX	FREEX	ACIWX	MSULX	FHETX	VCMIX	JADBX
MURSX		0.36	0.25	0.42	1.0	0.32	0.18	0.38	MURSX
CNREX	0.36		0.7	0.78	0.37	0.69	0.59	0.81	CNREX
FREEX	0.25	0.7		0.95	0.26	0.96	0.88	0.91	FREEX
ACIWX	0.42	0.78	0.95		0.43	0.94	0.91	0.92	ACIWX
MSULX	1.0	0.37	0.26	0.43		0.33	0.2	0.4	MSULX
FHETX	0.32	0.69	0.96	0.94	0.33		0.88	0.92	FHETX
VCMIX	0.18	0.59	0.88	0.91	0.2	0.88		0.8	VCMIX
JADBX	0.38	0.81	0.91	0.92	0.4	0.92	0.8		JADBX
	MURSX	CNREX	FREEX	ACIWX	MSULX	FHETX	VCMIX	JADBX

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Risk-Adjusted Indicators

There is a big difference between DEUTSCHE Mutual Fund performing well and Deutsche Capital 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 Capital'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
MURSX	0.45	0.08	(0.05)	(6.04)	0.35	(0.74)	1.28	(0.80)	3.61
CNREX	0.62	0.01	(0.08)	0.16	0.78	(0.65)	1.22	(1.53)	3.86
FREEX	0.68	0.05	(0.07)	1.09	0.81	(0.68)	1.17	(1.24)	3.92
ACIWX	0.60	0.03	(0.08)	0.25	0.73	(0.63)	1.28	(1.42)	3.13
MSULX	0.46	0.08	(0.06)	(6.88)	0.36	(0.77)	1.15	(0.85)	3.61
FHETX	0.66	0.06	(0.06)	0.66	0.72	(0.68)	1.39	(1.19)	3.54
VCMIX	0.12	0.00	(0.72)	(0.03)	0.11	(0.13)	0.24	(0.20)	0.69
JADBX	0.68	0.03	(0.06)	0.21	0.82	(0.69)	1.21	(1.43)	3.49

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