Deutsche Multi-asset Correlations

Mutual Funds . USA . 
Fund . Deutsche Multi Asset Servative
SPDAX Fund  USD 13.42  0.04  0.30%   
The current 90-days correlation between Deutsche Multi Asset and International Investors Gold is 0.06 (i.e., Significant diversification). The correlation of Deutsche Multi-asset is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.

Deutsche Multi-asset Correlation With Market

Good diversification

The correlation between Deutsche Multi Asset Servative and DJI is -0.14 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Deutsche Multi Asset Servative and DJI in the same portfolio, assuming nothing else is changed.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Deutsche Multi Asset Servative. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in nation.

Moving together with Deutsche Mutual Fund

  0.7GCGGX Deutsche GnmaPairCorr
  0.96SRMAX Deutsche Short TermPairCorr
  0.97SRMCX Deutsche Short TermPairCorr
  0.98KTCCX Deutsche Science AndPairCorr
  0.99KTCAX Deutsche Science AndPairCorr
  0.98KTCIX Deutsche Science AndPairCorr
  0.98KTCSX Deutsche Science AndPairCorr
  0.96SRMSX Deutsche Short TermPairCorr
  0.99KTRAX Deutsche Global IncomePairCorr
  0.98KTRCX Deutsche Global IncomePairCorr
  0.98KTRIX Deutsche Global IncomePairCorr
  0.98KTRSX Deutsche Global IncomePairCorr
  0.98KTRZX Deutsche Global IncomePairCorr
  0.98SSDZX Deutsche Small CapPairCorr
  0.98SSDAX Deutsche Small CapPairCorr
  0.98SSDCX Deutsche Small CapPairCorr
  0.96SSDIX Deutsche Small CapPairCorr
  0.98SSDSX Deutsche Small CapPairCorr
  0.96SSLCX Deutsche Small CapPairCorr
  0.82KDHSX Deutsche Croci EquityPairCorr
  0.81KDHCX Deutsche Croci EquityPairCorr
  0.85KDHAX Deutsche Croci EquityPairCorr
  0.85KDHIX Deutsche Croci EquityPairCorr
  0.98SCDGX Deutsche E EquityPairCorr
  0.97SCEMX Deutsche EnhancedPairCorr
  0.94SCINX Deutsche Croci InterPairCorr
  0.97SCGSX Deutsche Capital GrowthPairCorr
  0.82SCMTX Deutsche IntermediatePairCorr
  0.95SCOBX Deutsche Global GrowthPairCorr
  0.97SCQGX Deutsche Large CapPairCorr
  0.98SCPIX Deutsche Sp 500PairCorr
  0.82SCSBX Deutsche E PlusPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Deutsche Mutual Fund performing well and Deutsche Multi-asset Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Deutsche Multi-asset's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2025 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY