Deutsche California Tax Free Fund Price on November 14, 2024
KCTCX Fund | USD 6.69 0.02 0.30% |
Below is the normalized historical share price chart for Deutsche California Tax Free extending back to August 02, 1994. 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 California stands at 6.69, as last reported on the 30th of November, with the highest price reaching 6.69 and the lowest price hitting 6.69 during the day.
If you're considering investing in Deutsche Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Deutsche Mutual Fund to be very steady. Deutsche California Tax secures Sharpe Ratio (or Efficiency) of 0.0356, which denotes the fund had a 0.0356% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Deutsche California Tax Free, which you can use to evaluate the volatility of the entity. Please confirm Deutsche California's Mean Deviation of 0.1598, coefficient of variation of 1941.25, and Downside Deviation of 0.4705 to check if the risk estimate we provide is consistent with the expected return of 0.0097%.
Deutsche Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Deutsche |
Sharpe Ratio = 0.0356
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Estimated Market Risk
0.27 actual daily | 2 98% 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 | 2 98% of assets perform better |
Based on monthly moving average Deutsche California is performing at about 2% 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 California by adding it to a well-diversified portfolio.
Deutsche California Valuation on November 14, 2024
It is possible to determine the worth of Deutsche California on a given historical date. On November 14, 2024 Deutsche was worth 6.62 at the beginning of the trading date compared to the closed value of 6.62. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Deutsche California mutual fund. Still, in general, we apply an absolute valuation method to find Deutsche California'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 California where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Deutsche California's related companies.
Open | High | Low | Close | Volume | |
6.61 | 6.61 | 6.61 | 6.61 | 1.00 | |
11/14/2024 | 6.62 | 6.62 | 6.62 | 6.62 | 1.00 |
6.62 | 6.62 | 6.62 | 6.62 | 1.00 |
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Deutsche California Trading Date Momentum on November 14, 2024
On November 15 2024 Deutsche California Tax Free was traded for 6.62 at the closing time. The highest daily price throughout the period was 6.62 and the lowest price was 6.62 . There was no trading activity during the period 1.0. Lack of trading volume on 11/15/2024 did not affect price variability. The overall trading delta to current closing price is 0.60% . |
Deutsche California Tax Fundamentals Correlations and Trends
By evaluating Deutsche California'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 California'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 California Mutual Fund history
Deutsche California 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 California Tax 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 California stock prices may prove useful in developing a viable investing in Deutsche California
The fund invests at least 80 percent of net assets, plus the amount of any borrowings for investment purposes, in securities whose income is free from regular federal and California state income tax. Normally, at least 80 percent of the funds municipal securities are rated in the four highest credit rating categories.
Deutsche California Mutual Fund Technical Analysis
Deutsche California 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 California Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Deutsche California Tax Free 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 California November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Deutsche California 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 California shares will generate the highest return on investment. By undertsting and applying Deutsche California mutual fund market strength indicators, traders can identify Deutsche California Tax Free entry and exit signals to maximize returns
Deutsche California Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Deutsche California'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 | 0.0213 | |||
Jensen Alpha | 0.0171 | |||
Total Risk Alpha | (0.04) | |||
Sortino Ratio | (0.26) | |||
Treynor Ratio | (0.04) |
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Volume Indicators |
Other Information on Investing in Deutsche Mutual Fund
Deutsche California 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 California security.
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