Deutsche Munications Fund Market Value
| TISHX Fund | USD 37.97 0.03 0.08% |
| Symbol | Deutsche |
Deutsche Communications '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 Communications' 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 Communications.
| 02/09/2023 |
| 11/30/2024 |
If you would invest 0.00 in Deutsche Communications on February 9, 2023 and sell it all today you would earn a total of 0.00 from holding Deutsche Munications Fund or generate 0.0% return on investment in Deutsche Communications over 660 days. Deutsche Communications is related to or competes with Qs Us, T Rowe, Jhancock Disciplined, Dodge Cox, Qs Us, and Aqr Large. The fund invests at least 80 percent of net assets, plus the amount of any borrowings for investment purposes , in secur... More
Deutsche Communications 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 Communications' 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 Munications Fund upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9812 | |||
| Information Ratio | 0.0505 | |||
| Maximum Drawdown | 3.88 | |||
| Value At Risk | (1.43) | |||
| Potential Upside | 1.58 |
Deutsche Communications Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Deutsche Communications' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Deutsche Communications' standard deviation. In reality, there are many statistical measures that can use Deutsche Communications historical prices to predict the future Deutsche Communications' volatility.| Risk Adjusted Performance | 0.1637 | |||
| Jensen Alpha | 0.1801 | |||
| Total Risk Alpha | 0.029 | |||
| Sortino Ratio | 0.0436 | |||
| Treynor Ratio | (2.25) |
Deutsche Communications Backtested Returns
Deutsche Communications appears to be very steady, given 3 months investment horizon. Deutsche Communications secures Sharpe Ratio (or Efficiency) of 0.28, which denotes the fund had a 0.28% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Deutsche Munications Fund, which you can use to evaluate the volatility of the entity. Please utilize Deutsche Communications' Mean Deviation of 0.6114, coefficient of variation of 469.66, and Downside Deviation of 0.9812 to check if our risk estimates are consistent with your expectations. The fund shows a Beta (market volatility) of -0.0758, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Deutsche Communications are expected to decrease at a much lower rate. During the bear market, Deutsche Communications is likely to outperform the market.
Auto-correlation | 0.85 |
Very good predictability
Deutsche Munications Fund has very good predictability. Overlapping area represents the amount of predictability between Deutsche Communications time series from 9th of February 2023 to 5th of January 2024 and 5th of January 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 Communications price movement. The serial correlation of 0.85 indicates that around 85.0% of current Deutsche Communications price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.85 | |
| Spearman Rank Test | 0.85 | |
| Residual Average | 0.0 | |
| Price Variance | 5.08 |
Deutsche Communications lagged returns against current returns
Autocorrelation, which is Deutsche Communications 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 Communications' mutual fund expected returns. We can calculate the autocorrelation of Deutsche Communications returns to help us make a trade decision. For example, suppose you find that Deutsche Communications 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 Communications 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 Communications mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Deutsche Communications 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 Communications mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Deutsche Communications Lagged Returns
When evaluating Deutsche Communications' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Deutsche Communications mutual fund have on its future price. Deutsche Communications 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 Communications autocorrelation shows the relationship between Deutsche Communications mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Deutsche Munications Fund.
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 Communications 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 Communications security.
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