Deutsche Capital Growth Fund Market Value
| SDGZX Fund | USD 113.87 1.06 0.94% |
| Symbol | Deutsche |
Deutsche Capital '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 Capital'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 Capital.
| 03/19/2024 |
| 04/18/2024 |
If you would invest 0.00 in Deutsche Capital on March 19, 2024 and sell it all today you would earn a total of 0.00 from holding Deutsche Capital Growth or generate 0.0% return on investment in Deutsche Capital over 30 days. Deutsche Capital is related to or competes with American Funds. The fund normally invests at least 65 percent of total assets in equities, mainly common stocks of U.S More
Deutsche Capital 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 Capital'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 Capital Growth upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.853 | |||
| Information Ratio | 0.0571 | |||
| Maximum Drawdown | 4.65 | |||
| Value At Risk | (1.52) | |||
| Potential Upside | 1.58 |
Deutsche Capital Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Deutsche Capital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Deutsche Capital's standard deviation. In reality, there are many statistical measures that can use Deutsche Capital historical prices to predict the future Deutsche Capital's volatility.| Risk Adjusted Performance | 0.0769 | |||
| Jensen Alpha | 0.0966 | |||
| Total Risk Alpha | 0.0315 | |||
| Sortino Ratio | 0.0622 | |||
| Treynor Ratio | 2.3 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Deutsche Capital'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 Capital Growth Backtested Returns
We consider Deutsche Capital very steady. Deutsche Capital Growth secures Sharpe Ratio (or Efficiency) of 0.0854, which denotes the fund had a 0.0854% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Deutsche Capital Growth, which you can use to evaluate the volatility of the entity. Please confirm Deutsche Capital's Downside Deviation of 0.853, mean deviation of 0.6985, and Coefficient Of Variation of 856.05 to check if the risk estimate we provide is consistent with the expected return of 0.0803%. The fund shows a Beta (market volatility) of 0.0429, which means not very significant fluctuations relative to the market. As returns on the market increase, Deutsche Capital's returns are expected to increase less than the market. However, during the bear market, the loss of holding Deutsche Capital is expected to be smaller as well.
Auto-correlation | 0.59 |
Modest predictability
Deutsche Capital Growth has modest predictability. Overlapping area represents the amount of predictability between Deutsche Capital time series from 19th of March 2024 to 3rd of April 2024 and 3rd of April 2024 to 18th of April 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 Capital Growth price movement. The serial correlation of 0.59 indicates that roughly 59.0% of current Deutsche Capital price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.59 | |
| Spearman Rank Test | 0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 2.24 |
Deutsche Capital Growth lagged returns against current returns
Autocorrelation, which is Deutsche Capital 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 Capital's mutual fund expected returns. We can calculate the autocorrelation of Deutsche Capital returns to help us make a trade decision. For example, suppose you find that Deutsche Capital 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 Capital 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 Capital mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Deutsche Capital 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 Capital mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Deutsche Capital Lagged Returns
When evaluating Deutsche Capital's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Deutsche Capital mutual fund have on its future price. Deutsche Capital 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 Capital autocorrelation shows the relationship between Deutsche Capital mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Deutsche Capital Growth.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Deutsche Capital in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Deutsche Capital's short interest history, or implied volatility extrapolated from Deutsche Capital options trading.
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Check out Deutsche Capital Correlation, Deutsche Capital Volatility and Deutsche Capital Alpha and Beta module to complement your research on Deutsche Capital. Note that the Deutsche Capital Growth information on this page should be used as a complementary analysis to other Deutsche Capital's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Deutsche Capital 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.