Deutsche Global Correlations

RRGIX Fund

USD 7.17 0.03 0.42%

The current 90-days correlation between Deutsche Global Real and Qs Small Capitalization is -0.18 (i.e., Good diversification). The correlation of Deutsche Global 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 Global Correlation With Market

Good diversification

The correlation between Deutsche Global Real and DJI is -0.15 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Deutsche Global Real and DJI in the same portfolio, assuming nothing else is changed.

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Deutsche Global Real. 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 gross domestic product.

Moving together with Deutsche Mutual Fund

0.66	SRMAX	Deutsche Short Term	Pair Corr
0.61	SRMSX	Deutsche Short Term	Pair Corr
0.64	KTRAX	Deutsche Global Income	Pair Corr
0.8	KTRCX	Deutsche Global Income	Pair Corr
0.8	KTRIX	Deutsche Global Income	Pair Corr
0.74	SSDAX	Deutsche Small Cap	Pair Corr
0.75	SCPIX	Deutsche Sp 500	Pair Corr

Related Correlations Analysis

	LMBMX	NESGX	RYSVX	GMSMX	DFUKX	GLVIX	MSSGX
LMBMX		0.98	0.97	0.97	0.94	0.98	0.94	LMBMX
NESGX	0.98		0.99	0.99	0.93	0.95	0.92	NESGX
RYSVX	0.97	0.99		0.98	0.9	0.93	0.91	RYSVX
GMSMX	0.97	0.99	0.98		0.94	0.96	0.92	GMSMX
DFUKX	0.94	0.93	0.9	0.94		0.96	0.85	DFUKX
GLVIX	0.98	0.95	0.93	0.96	0.96		0.93	GLVIX
MSSGX	0.94	0.92	0.91	0.92	0.85	0.93		MSSGX
	LMBMX	NESGX	RYSVX	GMSMX	DFUKX	GLVIX	MSSGX

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Risk-Adjusted Indicators

There is a big difference between Deutsche Mutual Fund performing well and Deutsche Global 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 Global'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.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
LMBMX	0.82	0.12	0.11	0.26	0.78	(0.95)	2.41	(1.66)	5.59
NESGX	1.30	0.47	0.23	(4.67)	0.91	(1.56)	3.07	(1.96)	9.09
RYSVX	1.09	0.34	0.15	(2.03)	0.92	(1.31)	2.60	(1.56)	7.99
GMSMX	0.85	0.26	0.09	(1.30)	0.83	(0.99)	2.43	(1.90)	6.22
DFUKX	0.60	0.26	0.12	(2.20)	0.56	(0.68)	1.52	(1.25)	4.26
GLVIX	0.79	0.10	0.12	0.24	0.53	(0.93)	2.39	(1.39)	5.76
MSSGX	1.25	0.13	0.12	0.24	1.08	(1.44)	2.81	(1.83)	6.41

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Deutsche Global Correlations

Deutsche Global Correlation With Market

Good diversification

Moving together with Deutsche Mutual Fund

Related Correlations Analysis

Risk-Adjusted Indicators

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