Deutsche Managed Municipal Fund Price on July 29, 2022
| SMLIX Fund | USD 8.11 0.01 0.12% |
Below is the normalized historical share price chart for Deutsche Managed Municipal extending back to October 14, 2002. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Deutsche Managed stands at 8.11, as last reported on the 18th of May 2024, with the highest price reaching 8.11 and the lowest price hitting 8.11 during the day.
If you're considering investing in Deutsche Mutual Fund, it is important to understand the factors that can impact its price. We consider Deutsche Managed very steady. Deutsche Managed Mun secures Sharpe Ratio (or Efficiency) of 0.0651, which denotes the fund had a 0.0651% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Deutsche Managed Municipal, which you can use to evaluate the volatility of the entity. Please confirm Deutsche Managed's Downside Deviation of 0.2679, coefficient of variation of 1195.84, and Mean Deviation of 0.1246 to check if the risk estimate we provide is consistent with the expected return of 0.0118%.
Deutsche Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Deutsche |
Sharpe Ratio = 0.0651
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | SMLIX |
Estimated Market Risk
| 0.18 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Deutsche Managed is performing at about 5% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Deutsche Managed by adding it to a well-diversified portfolio.
Deutsche Managed Main Headline on 29th of July 2022
Deutsche Managed Mun dividend paid on 29th of July 2022 |
Deutsche Managed Valuation on July 29, 2022
It is possible to determine the worth of Deutsche Managed on a given historical date. On July 29, 2022 Deutsche was worth 8.3 at the beginning of the trading date compared to the closed value of 7.69. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Deutsche Managed mutual fund. Still, in general, we apply an absolute valuation method to find Deutsche Managed's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Deutsche Managed where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Deutsche Managed's related companies.
| Open | High | Low | Close | Volume | |
| 8.28 | 8.28 | 7.65 | 7.65 | 1.00 | |
07/29/2022 | 8.30 | 8.30 | 7.69 | 7.69 | 1.00 |
| 8.32 | 8.32 | 7.71 | 7.71 | 1.00 |
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Deutsche Managed Trading Date Momentum on July 29, 2022
| On August 01 2022 Deutsche Managed Municipal was traded for 7.71 at the closing time. The highest daily price throughout the period was 8.32 and the lowest price was 7.71 . There was no trading activity during the period 1.0. Lack of trading volume on 08/01/2022 added to the next day price jump. The trading price change to closing price of the next trading day was 0.26% . The overall trading delta to current closing price is 7.93% . |
Deutsche Managed Mun Fundamentals Correlations and Trends
By evaluating Deutsche Managed's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Deutsche Managed's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Deutsche financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Deutsche Managed Mutual Fund history
Deutsche Managed investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Deutsche is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Deutsche Managed Mun will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Deutsche Managed stock prices may prove useful in developing a viable investing in Deutsche Managed
The fund invests at least 80 percent of net assets, plus the amount of any borrowings for investment purposes, in securities issued by municipalities across the United States and in other securities whose income is free from regular federal income tax. It may invest up to 20 percent of net assets in securities whose income is subject to the federal alternative minimum tax . The fund normally invests at least 65 percent of total assets in municipal securities rated in the three highest credit rating categories, or if unrated, determined by the Advisor to be of similar quality.
Deutsche Managed Mutual Fund Technical Analysis
Deutsche Managed technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Deutsche Managed Period Price Range
Low | July 29, 2022
| High |
8.30 | 7.69 |
Deutsche Managed May 18, 2024 Market Strength
Market strength indicators help investors to evaluate how Deutsche Managed mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Deutsche Managed shares will generate the highest return on investment. By undertsting and applying Deutsche Managed mutual fund market strength indicators, traders can identify Deutsche Managed Municipal entry and exit signals to maximize returns
Deutsche Managed Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Deutsche Managed's price direction in advance. Along with the technical and fundamental analysis of Deutsche Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Deutsche to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0267 | |||
| Jensen Alpha | (0.0004) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.31) | |||
| Treynor Ratio | 0.0837 |
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| Volume Indicators |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Deutsche Managed Municipal. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.