Deutsche Strategic High Fund Market Value
| NOTIX Fund | USD 10.70 0.02 0.19% |
| Symbol | Deutsche |
Deutsche Strategic '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 Strategic'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 Strategic.
| 05/20/2024 |
| 06/19/2024 |
If you would invest 0.00 in Deutsche Strategic on May 20, 2024 and sell it all today you would earn a total of 0.00 from holding Deutsche Strategic High or generate 0.0% return on investment in Deutsche Strategic over 30 days. Deutsche Strategic is related to or competes with Guggenheim Diversified, Blackrock Conservative, Lord Abbett, Huber Capital, American Funds, Calvert Conservative, and Adams Diversified. The investment seeks to provide a high level of income exempt from regular federal income tax More
Deutsche Strategic 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 Strategic'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 Strategic High upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.2936 | |||
| Information Ratio | 0.0479 | |||
| Maximum Drawdown | 1.14 | |||
| Value At Risk | (0.38) | |||
| Potential Upside | 0.4735 |
Deutsche Strategic Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Deutsche Strategic's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Deutsche Strategic's standard deviation. In reality, there are many statistical measures that can use Deutsche Strategic historical prices to predict the future Deutsche Strategic's volatility.| Risk Adjusted Performance | 0.0449 | |||
| Jensen Alpha | 0.014 | |||
| Total Risk Alpha | 0.0134 | |||
| Sortino Ratio | 0.0415 | |||
| Treynor Ratio | 0.1254 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Deutsche Strategic'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 Strategic High Backtested Returns
We consider Deutsche Strategic very steady. Deutsche Strategic High secures Sharpe Ratio (or Efficiency) of 0.0953, which denotes the fund had a 0.0953% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Deutsche Strategic High, which you can use to evaluate the volatility of the entity. Please confirm Deutsche Strategic's Mean Deviation of 0.1892, downside deviation of 0.2936, and Coefficient Of Variation of 1049.85 to check if the risk estimate we provide is consistent with the expected return of 0.0242%. The fund shows a Beta (market volatility) of 0.11, which means not very significant fluctuations relative to the market. As returns on the market increase, Deutsche Strategic's returns are expected to increase less than the market. However, during the bear market, the loss of holding Deutsche Strategic is expected to be smaller as well.
Auto-correlation | -0.38 |
Poor reverse predictability
Deutsche Strategic High has poor reverse predictability. Overlapping area represents the amount of predictability between Deutsche Strategic time series from 20th of May 2024 to 4th of June 2024 and 4th of June 2024 to 19th of June 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 Strategic High price movement. The serial correlation of -0.38 indicates that just about 38.0% of current Deutsche Strategic price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.38 | |
| Spearman Rank Test | -0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Deutsche Strategic High lagged returns against current returns
Autocorrelation, which is Deutsche Strategic 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 Strategic's mutual fund expected returns. We can calculate the autocorrelation of Deutsche Strategic returns to help us make a trade decision. For example, suppose you find that Deutsche Strategic 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 Strategic 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 Strategic mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Deutsche Strategic 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 Strategic mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Deutsche Strategic Lagged Returns
When evaluating Deutsche Strategic's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Deutsche Strategic mutual fund have on its future price. Deutsche Strategic 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 Strategic autocorrelation shows the relationship between Deutsche Strategic mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Deutsche Strategic High.
Regressed Prices |
| Timeline |
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Other Information on Investing in Deutsche Mutual Fund
Deutsche Strategic financial ratios help investors to determine whether Deutsche Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Deutsche with respect to the benefits of owning Deutsche Strategic security.
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