Macroaxis considers DWS Small to be not too volatile. DWS Small Cap
secures Sharpe Ratio (or Efficiency) of -0.0096 which denotes the fund had -0.0096% of return per unit of volatility over the last 2 months. Macroaxis approach towards predicting risk of any fund is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators
. DWS Small Cap Growth Fund Cla exposes twenty-one different technical indicators
which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm DWS Small Cap Market Risk Adjusted Performance
of (0.008915) and Mean Deviation of 1.19 to check risk estimate we provide. The organization shows Beta (market volatility) of 1.3347 which denotes to the fact that as market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, DWS Small will likely underperform. Even though it is essential to pay attention to DWS Small Cap historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis approach towards predicting future performance of any fund is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. DWS Small Cap Growth Fund Cla exposes twenty-one different technical indicators which can help you to evaluate its performance.
Very good reverse predictability
DWS Small Cap Growth Fund Cla has very good reverse predictability. Overlapping area represents the amount of predictability between DWS Small time series from June 24, 2019 to July 24, 2019 and July 24, 2019 to August 23, 2019. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of DWS Small Cap price movement. The serial correlation of -0.66 indicates that around 66.0% of current DWS Small price fluctuation can be explain by its past prices. Given that DWS Small Cap Growth Fund Cla has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of DWS Small for similar time interval.