SSDGX Mutual Fund Volatility

SSDGX -  USA Fund  

USD 38.93  0.06  0.15%

We consider Dws Small very steady. Dws Small Cap secures Sharpe Ratio (or Efficiency) of 0.0869, which denotes the fund had 0.0869% of return per unit of risk over the last 12 months. Our standpoint towards predicting the volatility of a fund is to use all available market data together with fund-specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Dws Small Cap, which you can use to evaluate the future volatility of the entity. Please confirm Dws Small Cap Downside Deviation of 1.25, mean deviation of 1.02, and Coefficient Of Variation of 1054.29 to check if the risk estimate we provide is consistent with the expected return of 0.11%.

SSDGX Volatility 

 
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Dws Small Mutual Fund volatility depicts how high the prices fluctuate around the mean (or its average) price. In other words, it is a statistical measure of the distribution of SSDGX daily returns, and it is calculated using variance and standard deviation. We also use SSDGX's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Dws Small volatility.

360 Days Market Risk

Very steady

Chance of Distress

360 Days Economic Sensitivity

Almost mirrors the market

Dws Small Market Sensitivity And Downside Risk

Dws Small's beta coefficient measures the volatility of SSDGX mutual fund compared to the systematic risk of the entire stock market represented by your selected benchmark. In mathematical terms, beta represents the slope of the line through a regression of data points where each of these points represents SSDGX mutual fund's returns against your selected market. In other words, Dws Small's beta of 0.0655 provides an investor with an approximation of how much risk Dws Small mutual fund can potentially add to one of your existing portfolios.
Let's try to break down what SSDGX's beta means in this case. As returns on the market increase, Dws Small returns are expected to increase less than the market. However, during the bear market, the loss on holding Dws Small will be expected to be smaller as well.
12 Months Beta |Analyze Dws Small Cap Demand Trend
Check current 90 days Dws Small correlation with market (DOW)

SSDGX Beta

    
  0.0655  
SSDGX standard deviation measures the daily dispersion of prices over your selected time horizon relative to its mean. Typical volatile equity has a high standard deviation, while the deviation of a stable instrument is usually low. As a downside, the standard deviation calculates all uncertainty as risk, even when it is in your favor, such as above-average returns.

Standard Deviation

    
  1.28  
It is essential to understand the difference between upside risk (as represented by Dws Small's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Dws Small stock's daily returns or price. Since the actual investment returns on holding a position in Dws Small stock tend to have a non-normal distribution, there will be different probabilities for losses than for gains. The likelihood of losses is reflected in the downside risk of an investment in Dws Small.

Dws Small Cap Mutual Fund Volatility Analysis

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The output start index for this execution was zero with a total number of output elements of two hundred fifty-nine. Dws Small Typical Price indicator is an average of each day price and can be used instead of closing price when creating different Dws Small Cap moving average lines. View also all equity analysis or get more info about typical price price transform indicator.

Dws Small Projected Return Density Against Market

Assuming the 90 days horizon Dws Small has a beta of 0.0655 . This usually implies as returns on the market go up, Dws Small average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Dws Small Cap will be expected to be much smaller as well.
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Dws Small or DWS sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Dws Small stock's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a SSDGX stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
The company has an alpha of 0.106, implying that it can generate a 0.11 percent excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 

Dws Small Mutual Fund Risk Measures

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Dws Small or DWS sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Dws Small stock's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a SSDGX stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
Assuming the 90 days horizon the coefficient of variation of Dws Small is 1151.29. The daily returns are distributed with a variance of 1.64 and standard deviation of 1.28. The mean deviation of Dws Small Cap is currently at 1.02. For similar time horizon, the selected benchmark (DOW) has volatility of 0.85
α
Alpha over DOW
0.11
β
Beta against DOW0.07
σ
Overall volatility
1.28
Ir
Information ratio 0.019

Dws Small Mutual Fund Return Volatility

Dws Small historical daily return volatility represents how much Dws Small stock's price daily returns swing around its mean daily price change - it is a statistical measure of its dispersion of returns. The fund shows 1.2825% volatility of returns over 90 . By contrast, DOW inherits 0.8291% risk (volatility on return distribution) over the 90 days horizon.
 Performance (%) 
      Timeline 

About Dws Small Volatility

Volatility is a rate at which the price of Dws Small or any other equity instrument increases or decreases for a given set of returns. It is measured by calculating the standard deviation of the annualized returns over a given period of time and shows the range to which the price of Dws Small may increase or decrease. In other words, similar to SSDGX's beta indicator, it measures the risk of Dws Small and helps estimate the fluctuations that may happen in a short period of time. So if prices of Dws Small fluctuate rapidly in a short time span, it is termed to have high volatility, and if it swings slowly in a more extended period, it is understood to have low volatility.
Please read more on our technical analysis page.
The fund invests at least 80 percent of its assets, determined at the time of purchase, in stocks and other securities with equity characteristics of U.S. smaller capitalization companies. Dws Small is traded on NASDAQ Exchange in the United States.

Dws Small Investment Opportunity

Dws Small Cap has a volatility of 1.28 and is 1.54 times more volatile than DOW. 10  of all equities and portfolios are less risky than Dws Small. Compared to the overall equity markets, volatility of historical daily returns of Dws Small Cap is lower than 10 () of all global equities and portfolios over the last 90 days. Use Dws Small Cap to protect your portfolios against small market fluctuations. The mutual fund experiences a normal downward trend and little activity. Check odds of Dws Small to be traded at $38.54 in 90 days. . Let's try to break down what SSDGX's beta means in this case. As returns on the market increase, Dws Small returns are expected to increase less than the market. However, during the bear market, the loss on holding Dws Small will be expected to be smaller as well.

Significant diversification

The correlation between Dws Small Cap and DJI is Significant diversification for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Dws Small Cap and DJI in the same portfolio assuming nothing else is changed.

Dws Small Additional Risk Indicators

The analysis of Dws Small's secondary risk indicators is one of the essential steps in making a buy or sell decision. The process involves identifying the amount of risk involved in Dws Small's investment and either accepting that risk or mitigating it. Along with some common measures of Dws Small stock risk such as standard deviation, beta, or value at risk, we also provide a set of secondary indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Risk Adjusted Performance0.0836
Market Risk Adjusted Performance1.72
Mean Deviation1.02
Semi Deviation1.14
Downside Deviation1.25
Coefficient Of Variation1054.29
Standard Deviation1.28
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential stock investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Dws Small Suggested Diversification Pairs

Pair trading is one of the very effective strategies used by professional day traders and hedge funds capitalizing on short-time and mid-term market inefficiencies. The approach is based on the fact that the ratio of prices of two correlating shares is long-term stable and oscillates around the average value. If the correlation ratio comes outside the common area, you can speculate with a high success rate that the ratio will return to the mean value and collect a profit.
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The effect of pair diversification on risk is to reduce it, but we should note this doesn't apply to all risk types. When we trade pairs against Dws Small as a counterpart, there is always some inherent risk that will never be diversified away no matter what. This volatility limits the effect of tactical diversification using pair trading. Dws Small's systematic risk is the inherent uncertainty of the entire market, and therefore cannot be mitigated even by pair-trading it against the equity that is not highly correlated to it. On the other hand, Dws Small's unsystematic risk describes the types of risk that we can protect against, at least to some degree, by selecting a matching pair that is not perfectly correlated to Dws Small Cap.
Additionally, take a look at World Market Map. Note that the Dws Small Cap information on this page should be used as a complementary analysis to other Dws Small'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 Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

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When running Dws Small Cap price analysis, check to measure Dws Small's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Dws Small is operating at the current time. Most of Dws Small's value examination focuses on studying past and present price action to predict the probability of Dws Small's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Dws Small's price. Additionally, you may evaluate how the addition of Dws Small to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Dws Small's value and its price as these two are different measures arrived at by different means. Investors typically determine Dws Small value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dws Small's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.