Deutsche Gnma Fund Price on January 26, 2024
| GCGGX Fund | USD 11.69 0.04 0.34% |
Below is the normalized historical share price chart for Deutsche Gnma Fund extending back to February 05, 2009. 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 Gnma stands at 11.69, as last reported on the 30th of November, with the highest price reaching 11.69 and the lowest price hitting 11.69 during the day.
If you're considering investing in Deutsche Mutual Fund, it is important to understand the factors that can impact its price. Deutsche Gnma secures Sharpe Ratio (or Efficiency) of -0.0725, which denotes the fund had a -0.0725% return per unit of risk over the last 3 months. Deutsche Gnma Fund exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Deutsche Gnma's Mean Deviation of 0.2507, standard deviation of 0.3255, and Variance of 0.1059 to check the risk estimate we provide.
Deutsche Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Deutsche |
Sharpe Ratio = -0.0725
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| Negative Returns | GCGGX |
Estimated Market Risk
| 0.33 actual daily | 2 98% of assets are more volatile |
Expected Return
| -0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Deutsche Gnma is not performing at its full potential. However, 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 Gnma by adding Deutsche Gnma to a well-diversified portfolio.
Deutsche Gnma Valuation on January 26, 2024
It is possible to determine the worth of Deutsche Gnma on a given historical date. On January 26, 2024 Deutsche was worth 11.41 at the beginning of the trading date compared to the closed value of 11.41. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Deutsche Gnma mutual fund. Still, in general, we apply an absolute valuation method to find Deutsche Gnma'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 Gnma where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Deutsche Gnma's related companies.
| Open | High | Low | Close | Volume | |
| 11.43 | 11.43 | 11.43 | 11.43 | 1.00 | |
01/26/2024 | 11.41 | 11.41 | 11.41 | 11.41 | 1.00 |
| 11.48 | 11.48 | 11.48 | 11.48 | 1.00 |
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Deutsche Gnma Trading Date Momentum on January 26, 2024
| On January 29 2024 Deutsche Gnma Fund was traded for 11.48 at the closing time. The highest daily price throughout the period was 11.48 and the lowest price was 11.48 . There was no trading activity during the period 1.0. Lack of trading volume on 01/29/2024 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.61% . The overall trading delta to current closing price is 0.35% . |
Deutsche Gnma Fundamentals Correlations and Trends
By evaluating Deutsche Gnma'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 Gnma'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 Gnma Mutual Fund history
Deutsche Gnma 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 Gnma 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 Gnma stock prices may prove useful in developing a viable investing in Deutsche Gnma
The fund invests at least 80 percent of net assets, plus the amount of any borrowings for investment purposes, in Ginnie Maes, which are mortgage-backed securities that are issued or guaranteed by the Government National Mortgage Association . It may also purchase or sell securities on a when-issued, delayed delivery or forward commitment basis, including U.S. government agency mortgage-backed to-be-announced securities .
Deutsche Gnma Mutual Fund Technical Analysis
Deutsche Gnma 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 Gnma Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Deutsche Gnma Fund 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 Gnma November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Deutsche Gnma 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 Gnma shares will generate the highest return on investment. By undertsting and applying Deutsche Gnma mutual fund market strength indicators, traders can identify Deutsche Gnma Fund entry and exit signals to maximize returns
Deutsche Gnma Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Deutsche Gnma'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 | (0.06) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.09) | |||
| Treynor Ratio | 1.1 |
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Other Information on Investing in Deutsche Mutual Fund
Deutsche Gnma 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 Gnma security.
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