Dws Communications Fund Market Value
| COMSX Fund | 29.15 0.24 0.82% |
| Symbol | Dws |
Dws Communications 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Dws Communications' mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Dws Communications.
| 04/24/2025 |
| 07/23/2025 |
If you would invest 0.00 in Dws Communications on April 24, 2025 and sell it all today you would earn a total of 0.00 from holding Dws Communications or generate 0.0% return on investment in Dws Communications over 90 days. Dws Communications is related to or competes with Dodge Cox, Leader Short-term, Morningstar Defensive, Ambrus Core, Ab Bond, Touchstone Premium, and Bts Tactical. The fund invests at least 80 percent of net assets, plus the amount of any borrowings for investment purposes in common ... More
Dws Communications Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Dws Communications' mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Dws Communications upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9926 | |||
| Information Ratio | 0.1853 | |||
| Maximum Drawdown | 5.69 | |||
| Value At Risk | (1.26) | |||
| Potential Upside | 2.55 |
Dws Communications Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dws Communications' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dws Communications' standard deviation. In reality, there are many statistical measures that can use Dws Communications historical prices to predict the future Dws Communications' volatility.| Risk Adjusted Performance | 0.3133 | |||
| Jensen Alpha | 0.2232 | |||
| Total Risk Alpha | 0.1669 | |||
| Sortino Ratio | 0.2083 | |||
| Treynor Ratio | 0.4157 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Dws Communications' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Dws Communications Backtested Returns
Dws Communications appears to be very steady, given 3 months investment horizon. Dws Communications secures Sharpe Ratio (or Efficiency) of 0.34, which denotes the fund had a 0.34 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Dws Communications, which you can use to evaluate the volatility of the entity. Please utilize Dws Communications' Downside Deviation of 0.9926, mean deviation of 0.8149, and Coefficient Of Variation of 289.78 to check if our risk estimates are consistent with your expectations. The fund shows a Beta (market volatility) of 0.9, which means possible diversification benefits within a given portfolio. Dws Communications returns are very sensitive to returns on the market. As the market goes up or down, Dws Communications is expected to follow.
Auto-correlation | 0.93 |
Excellent predictability
Dws Communications has excellent predictability. Overlapping area represents the amount of predictability between Dws Communications time series from 24th of April 2025 to 8th of June 2025 and 8th of June 2025 to 23rd of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Dws Communications price movement. The serial correlation of 0.93 indicates that approximately 93.0% of current Dws Communications price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.93 | |
| Spearman Rank Test | 0.86 | |
| Residual Average | 0.0 | |
| Price Variance | 0.4 |
Dws Communications lagged returns against current returns
Autocorrelation, which is Dws Communications mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Dws Communications' mutual fund expected returns. We can calculate the autocorrelation of Dws Communications returns to help us make a trade decision. For example, suppose you find that Dws Communications has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Dws Communications regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Dws Communications mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dws Communications mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dws Communications mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Dws Communications Lagged Returns
When evaluating Dws Communications' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dws Communications mutual fund have on its future price. Dws Communications autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Dws Communications autocorrelation shows the relationship between Dws Communications mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Dws Communications.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Dws Mutual Fund
Dws Communications financial ratios help investors to determine whether Dws Mutual Fund 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 Dws with respect to the benefits of owning Dws Communications security.
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