Deutsche Multi Asset Servative Fund Market Value
| SPDCX Fund | USD 13.63 0.06 0.44% |
| Symbol | Deutsche |
Deutsche Multi-asset '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 Multi-asset'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 Multi-asset.
| 12/07/2023 |
| 12/01/2024 |
If you would invest 0.00 in Deutsche Multi-asset on December 7, 2023 and sell it all today you would earn a total of 0.00 from holding Deutsche Multi Asset Servative or generate 0.0% return on investment in Deutsche Multi-asset over 360 days. Deutsche Multi-asset is related to or competes with Deutsche Gnma, Deutsche Short, Deutsche Short, Deutsche Science, Deutsche Science, Deutsche Science, and Deutsche Science. The fund seeks to achieve its objective by investing in a broad range of both traditional asset classes and alternative ... More
Deutsche Multi-asset 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 Multi-asset'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 Multi Asset Servative upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.3739 | |||
| Information Ratio | (0.34) | |||
| Maximum Drawdown | 1.48 | |||
| Value At Risk | (0.66) | |||
| Potential Upside | 0.5939 |
Deutsche Multi-asset Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Deutsche Multi-asset's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Deutsche Multi-asset's standard deviation. In reality, there are many statistical measures that can use Deutsche Multi-asset historical prices to predict the future Deutsche Multi-asset's volatility.| Risk Adjusted Performance | 0.0337 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.31) | |||
| Treynor Ratio | 0.0382 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Deutsche Multi-asset'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.
Deutsche Multi Asset Backtested Returns
At this stage we consider Deutsche Mutual Fund to be very steady. Deutsche Multi Asset secures Sharpe Ratio (or Efficiency) of 0.0833, which denotes the fund had a 0.0833% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Deutsche Multi Asset Servative, which you can use to evaluate the volatility of the entity. Please confirm Deutsche Multi-asset's Coefficient Of Variation of 1671.04, mean deviation of 0.2777, and Downside Deviation of 0.3739 to check if the risk estimate we provide is consistent with the expected return of 0.0283%. The fund shows a Beta (market volatility) of 0.28, which means not very significant fluctuations relative to the market. As returns on the market increase, Deutsche Multi-asset's returns are expected to increase less than the market. However, during the bear market, the loss of holding Deutsche Multi-asset is expected to be smaller as well.
Auto-correlation | 0.61 |
Good predictability
Deutsche Multi Asset Servative has good predictability. Overlapping area represents the amount of predictability between Deutsche Multi-asset time series from 7th of December 2023 to 4th of June 2024 and 4th of June 2024 to 1st of December 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 Multi Asset price movement. The serial correlation of 0.61 indicates that roughly 61.0% of current Deutsche Multi-asset price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.61 | |
| Spearman Rank Test | 0.46 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
Deutsche Multi Asset lagged returns against current returns
Autocorrelation, which is Deutsche Multi-asset 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 Multi-asset's mutual fund expected returns. We can calculate the autocorrelation of Deutsche Multi-asset returns to help us make a trade decision. For example, suppose you find that Deutsche Multi-asset 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 Multi-asset 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 Multi-asset mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Deutsche Multi-asset 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 Multi-asset mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Deutsche Multi-asset Lagged Returns
When evaluating Deutsche Multi-asset's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Deutsche Multi-asset mutual fund have on its future price. Deutsche Multi-asset 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 Multi-asset autocorrelation shows the relationship between Deutsche Multi-asset mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Deutsche Multi Asset Servative.
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 Multi-asset 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 Multi-asset security.
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