DEUTSCHE BANK AG Market Value
| 25160PAF4 | 89.52 6.90 7.16% |
| Symbol | DEUTSCHE |
DEUTSCHE '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's bond 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.
| 05/27/2024 |
| 12/23/2024 |
If you would invest 0.00 in DEUTSCHE on May 27, 2024 and sell it all today you would earn a total of 0.00 from holding DEUTSCHE BANK AG or generate 0.0% return on investment in DEUTSCHE over 210 days. DEUTSCHE is related to or competes with Triton International, Cincinnati Financial, Old Republic, Hertz Global, Pekin Life, Hanover Insurance, and United Fire. DEUTSCHE is entity of United States. It is traded as Bond on Bond exchange. More
DEUTSCHE 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's bond 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 BANK AG upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 2.86 | |||
| Value At Risk | (1.13) | |||
| Potential Upside | 0.8193 |
DEUTSCHE Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for DEUTSCHE's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as DEUTSCHE's standard deviation. In reality, there are many statistical measures that can use DEUTSCHE historical prices to predict the future DEUTSCHE's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.06) | |||
| Treynor Ratio | (0.27) |
DEUTSCHE BANK AG Backtested Returns
DEUTSCHE BANK AG secures Sharpe Ratio (or Efficiency) of -0.14, which denotes the bond had a -0.14% return per unit of volatility over the last 3 months. DEUTSCHE BANK AG exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm DEUTSCHE's Mean Deviation of 0.4146, standard deviation of 0.571, and Market Risk Adjusted Performance of (0.26) to check the risk estimate we provide. The bond shows a Beta (market volatility) of 0.15, which means not very significant fluctuations relative to the market. As returns on the market increase, DEUTSCHE's returns are expected to increase less than the market. However, during the bear market, the loss of holding DEUTSCHE is expected to be smaller as well.
Auto-correlation | 0.23 |
Weak predictability
DEUTSCHE BANK AG has weak predictability. Overlapping area represents the amount of predictability between DEUTSCHE time series from 27th of May 2024 to 9th of September 2024 and 9th of September 2024 to 23rd of December 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 BANK AG price movement. The serial correlation of 0.23 indicates that over 23.0% of current DEUTSCHE price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.23 | |
| Spearman Rank Test | 0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
DEUTSCHE BANK AG lagged returns against current returns
Autocorrelation, which is DEUTSCHE bond'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's bond expected returns. We can calculate the autocorrelation of DEUTSCHE returns to help us make a trade decision. For example, suppose you find that DEUTSCHE has exhibited high autocorrelation historically, and you observe that the bond 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 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 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if DEUTSCHE bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in DEUTSCHE bond over time.
Current vs Lagged Prices |
| Timeline |
DEUTSCHE Lagged Returns
When evaluating DEUTSCHE's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of DEUTSCHE bond have on its future price. DEUTSCHE 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 autocorrelation shows the relationship between DEUTSCHE bond current value and its past values and can show if there is a momentum factor associated with investing in DEUTSCHE BANK AG.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in DEUTSCHE Bond
DEUTSCHE financial ratios help investors to determine whether DEUTSCHE Bond 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 security.