Deutsche Floating Rate Fund Market Value
| DFRPX Fund | USD 7.57 0.05 0.66% |
| Symbol | Deutsche |
Deutsche Floating '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 Floating'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 Floating.
| 09/25/2024 |
| 11/24/2024 |
If you would invest 0.00 in Deutsche Floating on September 25, 2024 and sell it all today you would earn a total of 0.00 from holding Deutsche Floating Rate or generate 0.0% return on investment in Deutsche Floating over 60 days. Deutsche Floating is related to or competes with Deutsche Gnma, Deutsche Short-term, Deutsche Short, Deutsche Science, Deutsche Science, Deutsche Science, and Deutsche Science. Under normal market conditions, the fund invests at least 80 percent of its total assets in adjustable rate loans that h... More
Deutsche Floating 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 Floating'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 Floating Rate upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (1.01) | |||
| Maximum Drawdown | 0.7904 | |||
| Potential Upside | 0.1337 |
Deutsche Floating Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Deutsche Floating's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Deutsche Floating's standard deviation. In reality, there are many statistical measures that can use Deutsche Floating historical prices to predict the future Deutsche Floating's volatility.| Risk Adjusted Performance | 0.1135 | |||
| Jensen Alpha | 0.0131 | |||
| Total Risk Alpha | (0) | |||
| Treynor Ratio | 1.46 |
Deutsche Floating Rate Backtested Returns
At this stage we consider Deutsche Mutual Fund to be very steady. Deutsche Floating Rate secures Sharpe Ratio (or Efficiency) of 0.21, which denotes the fund had a 0.21% return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Deutsche Floating Rate, which you can use to evaluate the volatility of the entity. Please confirm Deutsche Floating's Standard Deviation of 0.1057, variance of 0.0112, and Mean Deviation of 0.0592 to check if the risk estimate we provide is consistent with the expected return of 0.0226%. The fund shows a Beta (market volatility) of 0.0098, which means not very significant fluctuations relative to the market. As returns on the market increase, Deutsche Floating's returns are expected to increase less than the market. However, during the bear market, the loss of holding Deutsche Floating is expected to be smaller as well.
Auto-correlation | 0.65 |
Good predictability
Deutsche Floating Rate has good predictability. Overlapping area represents the amount of predictability between Deutsche Floating time series from 25th of September 2024 to 25th of October 2024 and 25th of October 2024 to 24th 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 Floating Rate price movement. The serial correlation of 0.65 indicates that roughly 65.0% of current Deutsche Floating price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.65 | |
| Spearman Rank Test | 0.73 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Deutsche Floating Rate lagged returns against current returns
Autocorrelation, which is Deutsche Floating 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 Floating's mutual fund expected returns. We can calculate the autocorrelation of Deutsche Floating returns to help us make a trade decision. For example, suppose you find that Deutsche Floating 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 Floating 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 Floating mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Deutsche Floating 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 Floating mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Deutsche Floating Lagged Returns
When evaluating Deutsche Floating's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Deutsche Floating mutual fund have on its future price. Deutsche Floating 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 Floating autocorrelation shows the relationship between Deutsche Floating mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Deutsche Floating Rate.
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 Floating 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 Floating security.
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