Deutsche Equity 500 Fund Market Value
| BTIEX Fund | USD 182.50 1.05 0.58% |
| Symbol | Deutsche |
Deutsche Equity 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Deutsche Equity's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Deutsche Equity.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Deutsche Equity on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Deutsche Equity 500 or generate 0.0% return on investment in Deutsche Equity over 30 days. Deutsche Equity is related to or competes with Sp 500, Dreyfus Institutional, Deutsche Equity, Deutsche, and Northern Stock. Under normal circumstances, the adviser intends to invest at least 80 percent of assets, determined at the time of purchase, in stocks of companies included in the SP 500 Index and in derivative instruments, such as futures contracts and options, that provide exposure to the stocks of companies in the index. More
Deutsche Equity Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Deutsche Equity's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Deutsche Equity 500 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8437 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 3.84 | |||
| Value At Risk | (1.31) | |||
| Potential Upside | 1.17 |
Deutsche Equity Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Deutsche Equity's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Deutsche Equity's standard deviation. In reality, there are many statistical measures that can use Deutsche Equity historical prices to predict the future Deutsche Equity's volatility.| Risk Adjusted Performance | 0.1125 | |||
| Jensen Alpha | 0.0022 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.1231 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Deutsche Equity's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Deutsche Equity 500 Backtested Returns
At this stage we consider Deutsche Mutual Fund to be very steady. Deutsche Equity 500 secures Sharpe Ratio (or Efficiency) of 0.16, which denotes the fund had a 0.16% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Deutsche Equity 500, which you can use to evaluate the volatility of the entity. Please confirm Deutsche Equity's Downside Deviation of 0.8437, mean deviation of 0.5435, and Coefficient Of Variation of 679.54 to check if the risk estimate we provide is consistent with the expected return of 0.12%. The fund shows a Beta (market volatility) of 0.83, which means possible diversification benefits within a given portfolio. As returns on the market increase, Deutsche Equity's returns are expected to increase less than the market. However, during the bear market, the loss of holding Deutsche Equity is expected to be smaller as well.
Auto-correlation | 0.85 |
Very good predictability
Deutsche Equity 500 has very good predictability. Overlapping area represents the amount of predictability between Deutsche Equity time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Deutsche Equity 500 price movement. The serial correlation of 0.85 indicates that around 85.0% of current Deutsche Equity price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.85 | |
| Spearman Rank Test | 0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 2.0 |
Deutsche Equity 500 lagged returns against current returns
Autocorrelation, which is Deutsche Equity mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Deutsche Equity's mutual fund expected returns. We can calculate the autocorrelation of Deutsche Equity returns to help us make a trade decision. For example, suppose you find that Deutsche Equity has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Deutsche Equity regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Deutsche Equity mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Deutsche Equity mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Deutsche Equity mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Deutsche Equity Lagged Returns
When evaluating Deutsche Equity's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Deutsche Equity mutual fund have on its future price. Deutsche Equity autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Deutsche Equity autocorrelation shows the relationship between Deutsche Equity mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Deutsche Equity 500.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Deutsche Mutual Fund
Deutsche Equity 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 Equity security.
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk |