Deutsche Short Term Municipal Fund Quote

SRMAX Fund  USD 9.78  0.01  0.10%   

Performance

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Odds Of Distress

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Deutsche Short is trading at 9.78 as of the 29th of March 2024; that is -0.1 percent decrease since the beginning of the trading day. The fund's open price was 9.79. Deutsche Short has about a 44 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Deutsche Short Term Municipal are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of February 2024 and ending today, the 29th of March 2024. Click here to learn more.
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.. More on Deutsche Short Term Municipal

Moving together with Deutsche Mutual Fund

  0.68USG USCF Gold Strategy Symbol ChangePairCorr
  0.96SRMCX Deutsche Short-termPairCorr

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 Short's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Deutsche Short or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Fund ConcentrationDWS Funds, Large Funds, Muni National Short Funds, Muni National Short, DWS (View all Sectors)
Update Date31st of March 2024
Expense Ratio Date1st of February 2023
Fiscal Year EndOctober
Deutsche Short Term Municipal [SRMAX] is traded in USA and was established 29th of March 2024. Deutsche Short is listed under DWS category by Fama And French industry classification. The fund is listed under Muni National Short category and is part of DWS family. This fund at this time has accumulated 168.84 M in assets with no minimum investment requirementsDeutsche Short-term is currently producing year-to-date (YTD) return of 0.31% with the current yeild of 0.0%, while the total return for the last 3 years was 0.5%.
Check Deutsche Short Probability Of Bankruptcy

Instrument Allocation

Deutsche Short Target Price Odds Analysis

Based on a normal probability distribution, the odds of Deutsche Short jumping above the current price in 90 days from now is about 31.45%. The Deutsche Short Term Municipal probability density function shows the probability of Deutsche Short mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Deutsche Short has a beta of 0.0305. This usually implies as returns on the market go up, Deutsche Short average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Deutsche Short Term Municipal will be expected to be much smaller as well. Additionally, deutsche Short Term Municipal has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 9.78HorizonTargetOdds Above 9.78
64.31%90 days
 9.78 
31.45%
Based on a normal probability distribution, the odds of Deutsche Short to move above the current price in 90 days from now is about 31.45 (This Deutsche Short Term Municipal probability density function shows the probability of Deutsche Mutual Fund to fall within a particular range of prices over 90 days) .

Deutsche Short-term Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Deutsche Short market risk premium is the additional return an investor will receive from holding Deutsche Short 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 Short. 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 Short's alpha and beta are two of the key measurements used to evaluate Deutsche Short's performance over the market, the standard measures of volatility play an important role as well.

Deutsche Short Against Markets

Picking the right benchmark for Deutsche Short 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 Short 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 Short is critical whether you are bullish or bearish towards Deutsche Short Term Municipal at a given time. Please also check how Deutsche Short'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 Short 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.

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How to buy Deutsche Mutual Fund?

Before investing in Deutsche Short, 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 Short. To buy Deutsche Short fund, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Deutsche Short. 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 Short fund. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Deutsche Short Term Municipal 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 Short Term Municipal 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 Short Term Municipal, 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 Short Term Municipal?

The danger of trading Deutsche Short Term Municipal 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 Short 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 Short. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Deutsche Short-term 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 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 nation.
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 Equity Valuation module to check real value of public entities based on technical and fundamental data.

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When running Deutsche Short's price analysis, check to measure Deutsche Short'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 Deutsche Short is operating at the current time. Most of Deutsche Short's value examination focuses on studying past and present price action to predict the probability of Deutsche Short's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Deutsche Short's price. Additionally, you may evaluate how the addition of Deutsche Short to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Deutsche Short's value and its price as these two are different measures arrived at by different means. Investors typically determine if Deutsche Short is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Deutsche Short'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.