Deutsche Mid Cap Etf Price on November 4, 2024
SMCCX Etf | USD 9.16 0.03 0.33% |
Below is the normalized historical share price chart for DEUTSCHE MID CAP extending back to September 15, 2020. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of DEUTSCHE MID stands at 9.16, as last reported on the 13th of November 2024, with the highest price reaching 9.16 and the lowest price hitting 9.16 during the day.
If you're considering investing in DEUTSCHE Etf, it is important to understand the factors that can impact its price. At this stage we consider DEUTSCHE Etf to be very steady. DEUTSCHE MID CAP secures Sharpe Ratio (or Efficiency) of 0.0574, which denotes the etf had a 0.0574% return per unit of volatility over the last 3 months. We have found twenty-eight technical indicators for DEUTSCHE MID CAP, which you can use to evaluate the volatility of the entity. Please confirm DEUTSCHE MID's Market Risk Adjusted Performance of 0.3518, downside deviation of 0.2096, and Mean Deviation of 0.143 to check if the risk estimate we provide is consistent with the expected return of 0.0104%.
DEUTSCHE Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
DEUTSCHE |
Sharpe Ratio = 0.0574
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Estimated Market Risk
0.18 actual daily | 1 99% of assets are more volatile |
Expected Return
0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average DEUTSCHE MID is performing at about 4% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of DEUTSCHE MID by adding it to a well-diversified portfolio.
Related Headline
SSGA Active Headline on 4th of November 2024
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SPDR Nuveen Municipal Bond ESG ETF offers a 30-Day SEC Yield of 3.32 percent and a dividend of 0.0835 payable in November.
DEUTSCHE MID Valuation on November 4, 2024
It is possible to determine the worth of DEUTSCHE MID on a given historical date. On November 4, 2024 DEUTSCHE was worth 9.15 at the beginning of the trading date compared to the closed value of 9.15. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of DEUTSCHE MID etf. Still, in general, we apply an absolute valuation method to find DEUTSCHE MID's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of DEUTSCHE MID where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against DEUTSCHE MID's related companies.
Open | High | Low | Close | Volume | |
9.12 | 9.12 | 9.12 | 9.12 | 1.00 | |
11/04/2024 | 9.15 | 9.15 | 9.15 | 9.15 | 1.00 |
9.15 | 9.15 | 9.15 | 9.15 | 1.00 |
Backtest DEUTSCHE MID | | | DEUTSCHE MID History | | | DEUTSCHE MID Valuation | Previous | Next |
DEUTSCHE MID Trading Date Momentum on November 4, 2024
On November 05 2024 DEUTSCHE MID CAP was traded for 9.15 at the closing time. The highest daily price throughout the period was 9.15 and the lowest price was 9.15 . There was no trading activity during the period 1.0. Lack of trading volume on 11/05/2024 did not affect price variability. The overall trading delta to current closing price is 0.11% . |
DEUTSCHE MID CAP Fundamentals Correlations and Trends
By evaluating DEUTSCHE MID's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among DEUTSCHE MID's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. DEUTSCHE financial account trend analysis is a perfect complement when working with valuation or volatility modules.About DEUTSCHE MID Etf history
DEUTSCHE MID investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for DEUTSCHE is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in DEUTSCHE MID CAP will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing DEUTSCHE MID stock prices may prove useful in developing a viable investing in DEUTSCHE MID
Under normal circumstances, the fund invests at least 80 percent of the aggregate of its net assets and borrowings for investment purposes in credit and credit related instruments. It invests, under normal circumstances, in a portfolio of U.S. debt securities of varying maturities and durations and across multiple sectors that the portfolio managers believe have capital appreciation potential. Under normal circumstances, the fund may invest up to 65 percent of its net assets in below investment grade securities.
DEUTSCHE MID Etf Technical Analysis
DEUTSCHE MID technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Price Boundaries
DEUTSCHE MID Period Price Range
Low | November 13, 2024
| High |
0.00 | 0.00 |
DEUTSCHE MID CAP cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
DEUTSCHE MID November 13, 2024 Market Strength
Market strength indicators help investors to evaluate how DEUTSCHE MID etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading DEUTSCHE MID shares will generate the highest return on investment. By undertsting and applying DEUTSCHE MID etf market strength indicators, traders can identify DEUTSCHE MID CAP entry and exit signals to maximize returns
DEUTSCHE MID Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for DEUTSCHE MID's price direction in advance. Along with the technical and fundamental analysis of DEUTSCHE Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of DEUTSCHE to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.0315 | |||
Jensen Alpha | 0.0027 | |||
Total Risk Alpha | (0.03) | |||
Sortino Ratio | (0.73) | |||
Treynor Ratio | 0.3418 |
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Other Information on Investing in DEUTSCHE Etf
DEUTSCHE MID financial ratios help investors to determine whether DEUTSCHE Etf 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 MID security.