Dws Municipal Income Stock Market Value
| KTF Stock | USD 9.86 0.04 0.40% |
| Symbol | DWS |
DWS Municipal Income Price To Book Ratio
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of DWS Municipal. If investors know DWS will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about DWS Municipal listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.15) | Dividend Share 0.388 | Earnings Share 0.35 | Revenue Per Share 0.697 | Quarterly Revenue Growth (0) |
The market value of DWS Municipal Income is measured differently than its book value, which is the value of DWS that is recorded on the company's balance sheet. Investors also form their own opinion of DWS Municipal's value that differs from its market value or its book value, called intrinsic value, which is DWS Municipal's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because DWS Municipal's market value can be influenced by many factors that don't directly affect DWS Municipal's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between DWS Municipal's value and its price as these two are different measures arrived at by different means. Investors typically determine if DWS Municipal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DWS Municipal's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
DWS Municipal '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 DWS Municipal's stock 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 DWS Municipal.
| 02/04/2023 |
| 11/25/2024 |
If you would invest 0.00 in DWS Municipal on February 4, 2023 and sell it all today you would earn a total of 0.00 from holding DWS Municipal Income or generate 0.0% return on investment in DWS Municipal over 660 days. DWS Municipal is related to or competes with DTF Tax, Blackrock Muniyield, Blackrock Muni, Blackrock Muniholdings, John Hancock, MFS High, and MFS Investment. Deutsche Municipal Income Trust is a closed-ended fixed income mutual fund launched and managed by Deutsche Investment M... More
DWS Municipal 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 DWS Municipal's stock 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 DWS Municipal Income upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6328 | |||
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 3.4 | |||
| Value At Risk | (0.61) | |||
| Potential Upside | 1.12 |
DWS Municipal Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for DWS Municipal's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as DWS Municipal's standard deviation. In reality, there are many statistical measures that can use DWS Municipal historical prices to predict the future DWS Municipal's volatility.| Risk Adjusted Performance | 0.0612 | |||
| Jensen Alpha | 0.0436 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.13) | |||
| Treynor Ratio | (0.91) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of DWS Municipal'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.
DWS Municipal Income Backtested Returns
At this point, DWS Municipal is very steady. DWS Municipal Income secures Sharpe Ratio (or Efficiency) of 0.0855, which denotes the company had a 0.0855% return per unit of volatility over the last 3 months. We have found thirty technical indicators for DWS Municipal Income, which you can use to evaluate the volatility of the firm. Please confirm DWS Municipal's Downside Deviation of 0.6328, market risk adjusted performance of (0.90), and Mean Deviation of 0.43 to check if the risk estimate we provide is consistent with the expected return of 0.05%. DWS Municipal has a performance score of 6 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.0424, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning DWS Municipal are expected to decrease at a much lower rate. During the bear market, DWS Municipal is likely to outperform the market. DWS Municipal Income currently shows a risk of 0.58%. Please confirm DWS Municipal Income expected short fall, and the relationship between the value at risk and daily balance of power , to decide if DWS Municipal Income will be following its price patterns.
Auto-correlation | -0.37 |
Poor reverse predictability
DWS Municipal Income has poor reverse predictability. Overlapping area represents the amount of predictability between DWS Municipal time series from 4th of February 2023 to 31st of December 2023 and 31st of December 2023 to 25th 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 DWS Municipal Income price movement. The serial correlation of -0.37 indicates that just about 37.0% of current DWS Municipal price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.37 | |
| Spearman Rank Test | -0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 0.27 |
DWS Municipal Income lagged returns against current returns
Autocorrelation, which is DWS Municipal stock'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 DWS Municipal's stock expected returns. We can calculate the autocorrelation of DWS Municipal returns to help us make a trade decision. For example, suppose you find that DWS Municipal has exhibited high autocorrelation historically, and you observe that the stock 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 |
DWS Municipal 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 DWS Municipal stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if DWS Municipal stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in DWS Municipal stock over time.
Current vs Lagged Prices |
| Timeline |
DWS Municipal Lagged Returns
When evaluating DWS Municipal's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of DWS Municipal stock have on its future price. DWS Municipal 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, DWS Municipal autocorrelation shows the relationship between DWS Municipal stock current value and its past values and can show if there is a momentum factor associated with investing in DWS Municipal Income.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether DWS Municipal Income is a strong investment it is important to analyze DWS Municipal's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact DWS Municipal's future performance. For an informed investment choice regarding DWS Stock, refer to the following important reports:Check out DWS Municipal Correlation, DWS Municipal Volatility and DWS Municipal Alpha and Beta module to complement your research on DWS Municipal. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
DWS Municipal technical stock 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, stock market cycles, or different charting patterns.