Deutsche Short Term Municipal Fund Market Value
| SRMSX Fund | USD 9.87 0.01 0.10% |
| Symbol | Deutsche |
Deutsche Short-term '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 Short-term'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 Short-term.
| 01/31/2025 |
| 03/02/2025 |
If you would invest 0.00 in Deutsche Short-term on January 31, 2025 and sell it all today you would earn a total of 0.00 from holding Deutsche Short Term Municipal or generate 0.0% return on investment in Deutsche Short-term over 30 days. Deutsche Short-term is related to or competes with Doubleline Core, Goldman Sachs, Rbc Impact, Intermediate Bond, Morningstar Defensive, and Doubleline Total. Under normal market conditions, the fund invests at least 80 percent of its assets, determined at the time of purchase, ... More
Deutsche Short-term 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 Short-term'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 Short Term Municipal upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.1488 | |||
| Information Ratio | 0.3101 | |||
| Maximum Drawdown | 0.6135 | |||
| Value At Risk | (0.10) | |||
| Potential Upside | 0.2037 |
Deutsche Short-term Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Deutsche Short-term's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Deutsche Short-term's standard deviation. In reality, there are many statistical measures that can use Deutsche Short-term historical prices to predict the future Deutsche Short-term's volatility.| Risk Adjusted Performance | 0.0539 | |||
| Jensen Alpha | 0.0053 | |||
| Total Risk Alpha | 0.0083 | |||
| Sortino Ratio | 0.1912 | |||
| Treynor Ratio | (0.98) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Deutsche Short-term'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 Short Term Backtested Returns
At this stage we consider Deutsche Mutual Fund to be very steady. Deutsche Short Term secures Sharpe Ratio (or Efficiency) of 0.12, which denotes the fund had a 0.12 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Deutsche Short Term Municipal, which you can use to evaluate the volatility of the entity. Please confirm Deutsche Short-term's Coefficient Of Variation of 593.08, standard deviation of 0.0918, and Mean Deviation of 0.0579 to check if the risk estimate we provide is consistent with the expected return of 0.01%. The fund shows a Beta (market volatility) of -0.0056, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Deutsche Short-term are expected to decrease at a much lower rate. During the bear market, Deutsche Short-term is likely to outperform the market.
Auto-correlation | 0.05 |
Virtually no predictability
Deutsche Short Term Municipal has virtually no predictability. Overlapping area represents the amount of predictability between Deutsche Short-term time series from 31st of January 2025 to 15th of February 2025 and 15th of February 2025 to 2nd of March 2025. 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 Short Term price movement. The serial correlation of 0.05 indicates that only as little as 5.0% of current Deutsche Short-term price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.05 | |
| Spearman Rank Test | 0.32 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Deutsche Short Term lagged returns against current returns
Autocorrelation, which is Deutsche Short-term 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 Short-term's mutual fund expected returns. We can calculate the autocorrelation of Deutsche Short-term returns to help us make a trade decision. For example, suppose you find that Deutsche Short-term 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 Short-term 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 Short-term mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Deutsche Short-term 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 Short-term mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Deutsche Short-term Lagged Returns
When evaluating Deutsche Short-term's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Deutsche Short-term mutual fund have on its future price. Deutsche Short-term 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 Short-term autocorrelation shows the relationship between Deutsche Short-term mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Deutsche Short Term Municipal.
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 Short-term 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 Short-term security.
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance |