Deutsche Bank Aktien Backtested Returns
Macroaxis considers Deutsche Bank to be not very volatile. Deutsche Bank Aktien
secures Sharpe Ratio (or Efficiency) of -0.2974 which denotes Deutsche Bank Aktien
had -0.2974% of return per unit of risk over the last 1 month. Macroaxis philosophy towards predicting risk of any stock is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators
. Deutsche Bank Aktiengesellschaft exposes twenty-one different technical indicators
which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Deutsche Bank Aktien Coefficient Of Variation
of 320.31 and Mean Deviation of 1.82 to check risk estimate we provide. Macroaxis gives Deutsche Bank performance score of 0 on a scale of 0 to 100. The firm shows Beta (market volatility) of -0.5429 which denotes to the fact that as returns on market increase, returns on owning Deutsche Bank are expected to decrease at a much smaller rate. During bear market, Deutsche Bank is likely to outperform the market.. Even though it is essential to pay attention to Deutsche Bank Aktien historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis philosophy towards predicting future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Deutsche Bank Aktiengesellschaft exposes twenty-one different technical indicators which can help you to evaluate its performance. Deutsche Bank Aktien has expected return of -0.781%. Please be advised to confirm Deutsche Bank Aktien Jensen Alpha, Potential Upside, Skewness, as well as the relationship between Maximum Drawdown and Semi Variance to decide if Deutsche Bank Aktien past performance will be repeated at some point in the near future.
|15 days auto-correlation||(0.90) |
Excellent reverse predictability
Deutsche Bank Aktiengesellschaft has excellent reverse predictability. Overlapping area represents the amount of predictability between Deutsche Bank time series from January 26, 2018 to February 10, 2018 and February 10, 2018 to February 25, 2018. 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 Bank Aktien price movement. The serial correlation of -0.9 indicates that approximately 90.0% of current Deutsche Bank price fluctuation can be explain by its past prices. Given that Deutsche Bank Aktiengesellschaft has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Deutsche Bank for similar time interval.
|Correlation Coefficient|| -0.9|
|Spearman Rank Test|| -0.73|
|Price Variance|| 0.05|
|Lagged Price Variance|| 1.78|
Deutsche Bank Lagged Returns