Deutsche Short Duration Fund Price on September 20, 2024
DBPIX Fund | USD 8.41 0.01 0.12% |
Below is the normalized historical share price chart for Deutsche Short Duration extending back to December 23, 2002. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Deutsche Short stands at 8.41, as last reported on the 1st of December, with the highest price reaching 8.41 and the lowest price hitting 8.41 during the day.
If you're considering investing in Deutsche Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Deutsche Mutual Fund to be very steady. Deutsche Short Duration secures Sharpe Ratio (or Efficiency) of 0.0442, which denotes the fund had a 0.0442% return per unit of risk over the last 3 months. We have found twenty-six technical indicators for Deutsche Short Duration, which you can use to evaluate the volatility of the entity. Please confirm Deutsche Short's Standard Deviation of 0.1351, mean deviation of 0.1011, and Coefficient Of Variation of 1234.65 to check if the risk estimate we provide is consistent with the expected return of 0.0057%.
Deutsche Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Deutsche |
Sharpe Ratio = 0.0442
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Estimated Market Risk
0.13 actual daily | 1 99% of assets are more volatile |
Expected Return
0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Deutsche Short is performing at about 3% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Deutsche Short by adding it to a well-diversified portfolio.
Deutsche Short Valuation on September 20, 2024
It is possible to determine the worth of Deutsche Short on a given historical date. On September 20, 2024 Deutsche was worth 8.42 at the beginning of the trading date compared to the closed value of 8.42. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Deutsche Short mutual fund. Still, in general, we apply an absolute valuation method to find Deutsche Short's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Deutsche Short where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Deutsche Short's related companies.
Open | High | Low | Close | Volume | |
8.42 | 8.42 | 8.42 | 8.42 | 1.00 | |
09/20/2024 | 8.42 | 8.42 | 8.42 | 8.42 | 1.00 |
8.42 | 8.42 | 8.42 | 8.42 | 1.00 |
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Deutsche Short Trading Date Momentum on September 20, 2024
On September 23 2024 Deutsche Short Duration was traded for 8.42 at the closing time. The highest daily price throughout the period was 8.42 and the lowest price was 8.42 . There was no trading activity during the period 1.0. Lack of trading volume on 09/23/2024 did not affect price variability. The overall trading delta to current closing price is 0.36% . |
Deutsche Short Duration Fundamentals Correlations and Trends
By evaluating Deutsche Short's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Deutsche Short's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Deutsche financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Deutsche Short Mutual Fund history
Deutsche Short investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Deutsche is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Deutsche Short Duration will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Deutsche Short stock prices may prove useful in developing a viable investing in Deutsche Short
The fund invests at least 65 percent of its total assets in fixed income securities rated, at the time of purchase, within the top four credit rating categories by a nationally recognized statistical rating organization . It may invest in securities of varying maturities.
Deutsche Short Mutual Fund Technical Analysis
Deutsche Short technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Deutsche Short Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Deutsche Short Duration cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Deutsche Short December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Deutsche Short mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Deutsche Short shares will generate the highest return on investment. By undertsting and applying Deutsche Short mutual fund market strength indicators, traders can identify Deutsche Short Duration entry and exit signals to maximize returns
Deutsche Short Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Deutsche Short's price direction in advance. Along with the technical and fundamental analysis of Deutsche Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Deutsche to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.0153 | |||
Jensen Alpha | 0.0024 | |||
Total Risk Alpha | (0.02) | |||
Sortino Ratio | (0.87) | |||
Treynor Ratio | (0.08) |
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Volume Indicators |
Other Information on Investing in Deutsche Mutual Fund
Deutsche Short 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 Short security.
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