Deutsche Large Cap Fund Market Value
| SCQGX Fund | USD 94.37 0.62 0.65% |
| Symbol | Deutsche |
Deutsche Large '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 Large'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 Large.
| 01/09/2023 |
| 11/29/2024 |
If you would invest 0.00 in Deutsche Large on January 9, 2023 and sell it all today you would earn a total of 0.00 from holding Deutsche Large Cap or generate 0.0% return on investment in Deutsche Large over 690 days. Deutsche Large is related to or competes with Pimco Diversified, Blackrock Conservative, Pgim Conservative, Jhancock Diversified, Aqr Diversified, Lord Abbett, and Harbor Diversified. Under normal circumstances, the fund invests at least 80 percent of net assets, plus the amount of any borrowings for in... More
Deutsche Large 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 Large'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 Large Cap upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.24 | |||
| Information Ratio | 0.0162 | |||
| Maximum Drawdown | 4.79 | |||
| Value At Risk | (1.99) | |||
| Potential Upside | 1.66 |
Deutsche Large Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Deutsche Large's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Deutsche Large's standard deviation. In reality, there are many statistical measures that can use Deutsche Large historical prices to predict the future Deutsche Large's volatility.| Risk Adjusted Performance | 0.1087 | |||
| Jensen Alpha | 0.0327 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0134 | |||
| Treynor Ratio | 0.1535 |
Deutsche Large Cap Backtested Returns
Deutsche Large appears to be very steady, given 3 months investment horizon. Deutsche Large Cap secures Sharpe Ratio (or Efficiency) of 0.2, which denotes the fund had a 0.2% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Deutsche Large Cap, which you can use to evaluate the volatility of the entity. Please utilize Deutsche Large's Mean Deviation of 0.7084, downside deviation of 1.24, and Coefficient Of Variation of 721.76 to check if our risk estimates are consistent with your expectations. The fund shows a Beta (market volatility) of 0.86, which means possible diversification benefits within a given portfolio. Deutsche Large returns are very sensitive to returns on the market. As the market goes up or down, Deutsche Large is expected to follow.
Auto-correlation | 0.84 |
Very good predictability
Deutsche Large Cap has very good predictability. Overlapping area represents the amount of predictability between Deutsche Large time series from 9th of January 2023 to 20th of December 2023 and 20th of December 2023 to 29th 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 Large Cap price movement. The serial correlation of 0.84 indicates that around 84.0% of current Deutsche Large price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.84 | |
| Spearman Rank Test | 0.75 | |
| Residual Average | 0.0 | |
| Price Variance | 31.05 |
Deutsche Large Cap lagged returns against current returns
Autocorrelation, which is Deutsche Large 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 Large's mutual fund expected returns. We can calculate the autocorrelation of Deutsche Large returns to help us make a trade decision. For example, suppose you find that Deutsche Large 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 Large 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 Large mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Deutsche Large 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 Large mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Deutsche Large Lagged Returns
When evaluating Deutsche Large's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Deutsche Large mutual fund have on its future price. Deutsche Large 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 Large autocorrelation shows the relationship between Deutsche Large mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Deutsche Large Cap.
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 Large 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 Large security.
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