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Deutsche Strategicome Trust (Deutsche Strategicome Trust) Momentum Rank : 0 (As of May. 06, 2024)


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What is Deutsche Strategicome Trust Momentum Rank?

Deutsche Strategicome Trust has the Momentum Rank of 0.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.


Deutsche Strategicome Trust Momentum Rank Related Terms

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Deutsche Strategicome Trust (Deutsche Strategicome Trust) Business Description

Traded in Other Exchanges
N/A
Address
DWS Strategic Income Trust is a closed-end, diversified management investment company. The fund's investment objective is to provide high current income.
Executives
Michelle S. Goveia other: Chief Compliance Officer of IA C/O ANJIE LAROCCA, DEUTSCHE BANK, 60 WALL STREET, NEW YORK NY 10005
Sheila Cadogan officer: Assistant Treasurer C/O ANJIE LAROCCA, DEUTSCHE BANK, 60 WALL STREET, NEW YORK NY 10005
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Wahgo Chang other: Director of Investment Adviser C/O ANJIE LAROCCA, DEUTSCHE BANK, 60 WALL STREET, NEW YORK NY 10005
Fiona Bassett other: Director of Investment Adviser C/O ANJIE LAROCCA, DEUTSCHE BANK, 60 WALL STREET, NEW YORK NY 11752
John Cassedy other: EVP of Investmemt Adviser C/O ANJIE LAROCCA, DEUTSCHE BANK, 60 WALL STREET, NEW YORK NY 10005
Paul Blodgett other: Director of Investment Adviser C/O ANJIE LAROCCA, DEUTSCHE BANK, 60 WALL STREET, 25TH FLOOR, NEW YORK NY 10005
Gregory Staples other: Director of Investment Adviser C/O ANJIE LAROCCA, DEUTSCHE BANK, 60 WALL STREET, 25TH FLOOR, NEW YORK NY 10005
Patrick Robert Mccarthy other: Section 16 reporting person C/O ANJIE LAROCCA, DEUTSCHE BANK, 60 WALL STREET, NEW YORK NY 10005
Scott D Hogan officer: Chief Compliance officer C/O ANJIE LAROCCA, DEUTSCHE BANK, 60 WALL STREET, NEW YORK NY 10005
Erik Mogavero officer: Chief Compliance Officer of IA C/O ANJIE LAROCCA, DEUTSCHE BANK, 60 WALL STREET, NEW YORK NY 10005
Thomas Roberts Bouchard other: Portfolio Manager C/O ANJIE LAROCCA, DEUTSCHE BANK, 60 WALL STREET, NEW YORK NY 10005
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Gregory Richter other: Section 16 Reporting Officer C/O DEUTSCHE BANK, 5022 GATE PARKWAY, SUITE 400, JACKSONVILLE FL 32256
Kenneth C Froewiss director

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