Deutsche Emerging Markets Fund Market Value
| SEKAX Fund | USD 18.30 0.06 0.33% |
| Symbol | DEUTSCHE |
Deutsche Emerging '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 Emerging'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 Emerging.
| 03/05/2024 |
| 11/30/2024 |
If you would invest 0.00 in Deutsche Emerging on March 5, 2024 and sell it all today you would earn a total of 0.00 from holding Deutsche Emerging Markets or generate 0.0% return on investment in Deutsche Emerging over 270 days. Deutsche Emerging 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 Emerging 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 Emerging'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 Emerging Markets upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9799 | |||
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 5.41 | |||
| Value At Risk | (1.49) | |||
| Potential Upside | 1.86 |
Deutsche Emerging Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Deutsche Emerging's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Deutsche Emerging's standard deviation. In reality, there are many statistical measures that can use Deutsche Emerging historical prices to predict the future Deutsche Emerging's volatility.| Risk Adjusted Performance | 0.0176 | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | (0.12) | |||
| Treynor Ratio | 0.0179 |
Deutsche Emerging Markets Backtested Returns
At this stage we consider DEUTSCHE Mutual Fund to be very steady. Deutsche Emerging Markets secures Sharpe Ratio (or Efficiency) of 0.0404, which denotes the fund had a 0.0404% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Deutsche Emerging Markets, which you can use to evaluate the volatility of the entity. Please confirm Deutsche Emerging's Mean Deviation of 0.7463, downside deviation of 0.9799, and Coefficient Of Variation of 5044.3 to check if the risk estimate we provide is consistent with the expected return of 0.0399%. The fund shows a Beta (market volatility) of 0.56, which means possible diversification benefits within a given portfolio. As returns on the market increase, Deutsche Emerging's returns are expected to increase less than the market. However, during the bear market, the loss of holding Deutsche Emerging is expected to be smaller as well.
Auto-correlation | 0.51 |
Modest predictability
Deutsche Emerging Markets has modest predictability. Overlapping area represents the amount of predictability between Deutsche Emerging time series from 5th of March 2024 to 18th of July 2024 and 18th of July 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 Emerging Markets price movement. The serial correlation of 0.51 indicates that about 51.0% of current Deutsche Emerging price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.51 | |
| Spearman Rank Test | 0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 0.35 |
Deutsche Emerging Markets lagged returns against current returns
Autocorrelation, which is Deutsche Emerging 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 Emerging's mutual fund expected returns. We can calculate the autocorrelation of Deutsche Emerging returns to help us make a trade decision. For example, suppose you find that Deutsche Emerging 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 Emerging 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 Emerging mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Deutsche Emerging 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 Emerging mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Deutsche Emerging Lagged Returns
When evaluating Deutsche Emerging's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Deutsche Emerging mutual fund have on its future price. Deutsche Emerging 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 Emerging autocorrelation shows the relationship between Deutsche Emerging mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Deutsche Emerging Markets.
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 Emerging 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 Emerging security.
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