Deutsche E Plus Fund Market Value
| SCSBX Fund | USD 9.43 0.03 0.32% |
| Symbol | Deutsche |
Deutsche Core '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 Core'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 Core.
| 06/03/2024 |
| 11/30/2024 |
If you would invest 0.00 in Deutsche Core on June 3, 2024 and sell it all today you would earn a total of 0.00 from holding Deutsche E Plus or generate 0.0% return on investment in Deutsche Core over 180 days. Deutsche Core is related to or competes with Deutsche Gnma, Deutsche Short, Deutsche Short, Deutsche Science, Deutsche Science, Deutsche Science, and Deutsche Science. Under normal circumstances, the fund invests at least 80 percent of net assets, plus the amount of any borrowings for in... More
Deutsche Core 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 Core'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 E Plus upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.47) | |||
| Maximum Drawdown | 1.39 | |||
| Value At Risk | (0.63) | |||
| Potential Upside | 0.4287 |
Deutsche Core Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Deutsche Core's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Deutsche Core's standard deviation. In reality, there are many statistical measures that can use Deutsche Core historical prices to predict the future Deutsche Core's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.07) | |||
| Treynor Ratio | 0.3408 |
Deutsche E Plus Backtested Returns
Deutsche E Plus secures Sharpe Ratio (or Efficiency) of -0.0257, which denotes the fund had a -0.0257% return per unit of risk over the last 3 months. Deutsche E Plus exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Deutsche Core's Mean Deviation of 0.233, variance of 0.0938, and Standard Deviation of 0.3063 to check the risk estimate we provide. The fund shows a Beta (market volatility) of -0.0515, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Deutsche Core are expected to decrease at a much lower rate. During the bear market, Deutsche Core is likely to outperform the market.
Auto-correlation | -0.82 |
Excellent reverse predictability
Deutsche E Plus has excellent reverse predictability. Overlapping area represents the amount of predictability between Deutsche Core time series from 3rd of June 2024 to 1st of September 2024 and 1st of September 2024 to 30th 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 E Plus price movement. The serial correlation of -0.82 indicates that around 82.0% of current Deutsche Core price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.82 | |
| Spearman Rank Test | -0.75 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Deutsche E Plus lagged returns against current returns
Autocorrelation, which is Deutsche Core 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 Core's mutual fund expected returns. We can calculate the autocorrelation of Deutsche Core returns to help us make a trade decision. For example, suppose you find that Deutsche Core 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 Core 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 Core mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Deutsche Core 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 Core mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Deutsche Core Lagged Returns
When evaluating Deutsche Core's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Deutsche Core mutual fund have on its future price. Deutsche Core 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 Core autocorrelation shows the relationship between Deutsche Core mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Deutsche E Plus.
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 Core 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 Core security.
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