Deutsche Short Financials
| SRMCX Fund | USD 9.77 0.01 0.10% |
Deutsche |
Please note that past performance is not an indicator of the future performance of Deutsche Short, its manager's success, or the effectiveness of its strategy. The performance results shown here may have been adversely or favorably impacted by events and economic conditions that may not prevail in the future. Therefore, you must use caution to infer that these results indicate any fund, manager, or strategy's future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Deutsche Short Fund Summary
Deutsche Short competes with Vanguard Limited, Vanguard Limited, Vanguard Short-term, Vanguard Short-term, and Goldman Sachs. Under normal market conditions, the fund invests at least 80 percent of its assets, determined at the time of purchase, in municipal securities that pay interest exempt from regular federal income tax. It invests primarily in investment grade municipal securities and up to 20 percent of total assets in the fourth highest credit rating category or, if unrated, determined by the Advisor to be of similar quality.Specialization | Muni National Short, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | Deutsche DWS Municipal |
| Mutual Fund Family | DWS |
| Mutual Fund Category | Muni National Short |
| Benchmark | NYSE Composite |
| Phone | 800 728 3337 |
| Currency | USD - US Dollar |
Deutsche Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Deutsche Short's current stock value. Our valuation model uses many indicators to compare Deutsche Short value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Deutsche Short competition to find correlations between indicators driving Deutsche Short's intrinsic value. More Info.Deutsche Short Term Municipal is rated below average in annual yield among similar funds. It is rated below average in year to date return among similar funds creating about 162.65 of Year To Date Return per Annual Yield. Comparative valuation analysis is a catch-all model that can be used if you cannot value Deutsche Short by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Deutsche Short's Mutual Fund. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Deutsche Short's earnings, one of the primary drivers of an investment's value.Deutsche Short Term Systematic Risk
Deutsche Short's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Deutsche Short volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Deutsche Short Term correlated with the market. If Beta is less than 0 Deutsche Short generally moves in the opposite direction as compared to the market. If Deutsche Short Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Deutsche Short Term is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Deutsche Short is generally in the same direction as the market. If Beta > 1 Deutsche Short moves generally in the same direction as, but more than the movement of the benchmark.
Deutsche Short May 15, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Deutsche Short help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Deutsche Short Term Municipal. We use our internally-developed statistical techniques to arrive at the intrinsic value of Deutsche Short Term Municipal based on widely used predictive technical indicators. In general, we focus on analyzing Deutsche Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Deutsche Short's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.1076 | |||
| Information Ratio | (1.14) | |||
| Maximum Drawdown | 0.3081 | |||
| Value At Risk | (0.10) | |||
| Potential Upside | 0.1028 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Deutsche Short Term Municipal. 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 main economic indicators. Note that the Deutsche Short Term information on this page should be used as a complementary analysis to other Deutsche Short'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 the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.