Deutsche Strategic High Fund Quote
| SHYTX Fund | USD 10.48 0.01 0.1% |
Performance6 of 100
| Odds Of DistressLess than 20
|
Deutsche Strategic is trading at 10.48 as of the 25th of April 2024; that is 0.1 percent increase since the beginning of the trading day. The fund's open price was 10.47. Deutsche Strategic has about a 20 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Deutsche Strategic High are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of May 2023 and ending today, the 25th of April 2024. Click here to learn more.
Under normal circumstances, the fund invests at least 80 percent of net assets 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 .. More on Deutsche Strategic High
Moving together with Deutsche Mutual Fund
| 0.88 | SRMAX | Deutsche Short Term | PairCorr |
| 0.85 | SRMCX | Deutsche Short Term | PairCorr |
| 0.77 | KTCCX | Deutsche Science And | PairCorr |
| 0.78 | KTCAX | Deutsche Science And | PairCorr |
| 0.78 | KTCIX | Deutsche Science And | PairCorr |
| 0.78 | KTCSX | Deutsche Science And | PairCorr |
Deutsche Mutual Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Deutsche Strategic's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Deutsche Strategic or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | DWS Funds, High Yield Muni Funds, High Yield Muni, DWS (View all Sectors) |
| Update Date | 31st of March 2024 |
Deutsche Strategic High [SHYTX] is traded in USA and was established 25th of April 2024. Deutsche Strategic is listed under DWS category by Fama And French industry classification. The fund is listed under High Yield Muni category and is part of DWS family. This fund at this time has accumulated 1.56 B in assets with no minimum investment requirementsDeutsche Strategic High is currently producing year-to-date (YTD) return of 0.37% with the current yeild of 0.01%, while the total return for the last 3 years was -1.75%.
Check Deutsche Strategic Probability Of Bankruptcy
Instrument Allocation
Top Deutsche Strategic High Mutual Fund Constituents
| MUB | iShares National Muni | Etf | Muni National Interm |
Deutsche Strategic Target Price Odds Analysis
Based on a normal probability distribution, the odds of Deutsche Strategic jumping above the current price in 90 days from now is about 63.3%. The Deutsche Strategic High probability density function shows the probability of Deutsche Strategic mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Deutsche Strategic has a beta of 0.1246. This usually implies as returns on the market go up, Deutsche Strategic average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Deutsche Strategic High will be expected to be much smaller as well. Additionally, deutsche Strategic High has an alpha of 1.0E-4, implying that it can generate a 8.1E-5 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Deutsche Strategic to move above the current price in 90 days from now is about 63.3 (This Deutsche Strategic High probability density function shows the probability of Deutsche Mutual Fund to fall within a particular range of prices over 90 days) .
Deutsche Strategic High Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Deutsche Strategic market risk premium is the additional return an investor will receive from holding Deutsche Strategic long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Deutsche Strategic. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Deutsche Strategic's alpha and beta are two of the key measurements used to evaluate Deutsche Strategic's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.1679 | |||
| Semi Deviation | 0.2204 | |||
| Standard Deviation | 0.2598 | |||
| Variance | 0.0675 |
Deutsche Strategic Against Markets
Picking the right benchmark for Deutsche Strategic mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Deutsche Strategic mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Deutsche Strategic is critical whether you are bullish or bearish towards Deutsche Strategic High at a given time. Please also check how Deutsche Strategic's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Deutsche Strategic without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy Deutsche Mutual Fund?
Before investing in Deutsche Strategic, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Deutsche Strategic. To buy Deutsche Strategic fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Deutsche Strategic. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Deutsche Strategic fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Deutsche Strategic High fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Deutsche Strategic High fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Deutsche Strategic High, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Deutsche Strategic High?
The danger of trading Deutsche Strategic High is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Deutsche Strategic is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Deutsche Strategic. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Deutsche Strategic High is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Deutsche Strategic High. 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 estimate. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.