Deutsche Latin America Fund Market Value
| SLARX Fund | USD 27.01 0.59 2.14% |
| Symbol | Deutsche |
Deutsche Latin '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 Latin'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 Latin.
| 06/03/2024 |
| 11/30/2024 |
If you would invest 0.00 in Deutsche Latin on June 3, 2024 and sell it all today you would earn a total of 0.00 from holding Deutsche Latin America or generate 0.0% return on investment in Deutsche Latin over 180 days. Deutsche Latin is related to or competes with Deutsche Gnma, Deutsche Short, Deutsche Short, Deutsche Science, Deutsche Science, Deutsche Science, and Deutsche Science. The fund normally invests at least 80 percent of net assets, plus the amount of any borrowings for investment purposes, ... More
Deutsche Latin 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 Latin'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 Latin America upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.31) | |||
| Maximum Drawdown | 5.29 | |||
| Value At Risk | (2.14) | |||
| Potential Upside | 1.22 |
Deutsche Latin Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Deutsche Latin's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Deutsche Latin's standard deviation. In reality, there are many statistical measures that can use Deutsche Latin historical prices to predict the future Deutsche Latin's volatility.| Risk Adjusted Performance | (0.13) | |||
| Jensen Alpha | (0.24) | |||
| Total Risk Alpha | (0.38) | |||
| Treynor Ratio | (0.61) |
Deutsche Latin America Backtested Returns
Deutsche Latin America secures Sharpe Ratio (or Efficiency) of -0.14, which denotes the fund had a -0.14% return per unit of risk over the last 3 months. Deutsche Latin America exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Deutsche Latin's Variance of 1.15, mean deviation of 0.8134, and Standard Deviation of 1.07 to check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.33, which means possible diversification benefits within a given portfolio. As returns on the market increase, Deutsche Latin's returns are expected to increase less than the market. However, during the bear market, the loss of holding Deutsche Latin is expected to be smaller as well.
Auto-correlation | -0.41 |
Modest reverse predictability
Deutsche Latin America has modest reverse predictability. Overlapping area represents the amount of predictability between Deutsche Latin 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 Latin America price movement. The serial correlation of -0.41 indicates that just about 41.0% of current Deutsche Latin price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.41 | |
| Spearman Rank Test | -0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 0.93 |
Deutsche Latin America lagged returns against current returns
Autocorrelation, which is Deutsche Latin 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 Latin's mutual fund expected returns. We can calculate the autocorrelation of Deutsche Latin returns to help us make a trade decision. For example, suppose you find that Deutsche Latin 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 Latin 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 Latin mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Deutsche Latin 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 Latin mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Deutsche Latin Lagged Returns
When evaluating Deutsche Latin's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Deutsche Latin mutual fund have on its future price. Deutsche Latin 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 Latin autocorrelation shows the relationship between Deutsche Latin mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Deutsche Latin America.
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 Latin 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 Latin security.
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