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Deutsche Highome Opportunities Fund (Deutsche Highome Opportunities Fund) Sloan Ratio % : 0.00% (As of Sep. 2017)


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What is Deutsche Highome Opportunities Fund Sloan Ratio %?

Richard Sloan from the University of Michigan was first to document what is referred to as the "accrual anomaly". His 1996 paper found that shares of companies with small or negative accruals vastly outperform (+10%) those of companies with large ones.

Deutsche Highome Opportunities Fund's Sloan Ratio for the quarter that ended in Sep. 2017 was 0.00%.

As of Sep. 2017, Deutsche Highome Opportunities Fund has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Deutsche Highome Opportunities Fund Sloan Ratio % Historical Data

The historical data trend for Deutsche Highome Opportunities Fund's Sloan Ratio % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Deutsche Highome Opportunities Fund Sloan Ratio % Chart

Deutsche Highome Opportunities Fund Annual Data
Trend Sep17
Sloan Ratio %
-

Deutsche Highome Opportunities Fund Semi-Annual Data
Sep17
Sloan Ratio % -

Competitive Comparison of Deutsche Highome Opportunities Fund's Sloan Ratio %

For the Asset Management subindustry, Deutsche Highome Opportunities Fund's Sloan Ratio %, along with its competitors' market caps and Sloan Ratio % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Deutsche Highome Opportunities Fund's Sloan Ratio % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Deutsche Highome Opportunities Fund's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Deutsche Highome Opportunities Fund's Sloan Ratio % falls into.



Deutsche Highome Opportunities Fund Sloan Ratio % Calculation

Earnings contain a lot of non cash earnings which is called accruals. The Sloan ratio is a way to identify firms with low non-cash or accrual-derived earnings relative to their cash flow.

Deutsche Highome Opportunities Fund's Sloan Ratio for the fiscal year that ended in Sep. 2017 is calculated as

Sloan Ratio=(Net Income (A: Sep. 2017 )-Cash Flow from Operations (A: Sep. 2017 )
-Cash Flow from Investing (A: Sep. 2017 ))/Total Assets (A: Sep. 2017 )
=(16.909-8.948
-0)/335.003
=2.38%

Deutsche Highome Opportunities Fund's Sloan Ratio for the quarter that ended in Sep. 2017 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Sep. 2017 )
=(-
-)/
=%

Deutsche Highome Opportunities Fund does not have enough years/quarters to calculate the Net Income, Cash Flow from Investing, and Cash Flow from Investing for the trailing twelve months (TTM) ended in Sep. 2017.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Deutsche Highome Opportunities Fund  (NYSE:DHG) Sloan Ratio % Explanation

A former University of Michigan researcher, Richard Sloan's 1996 paper found that shares of companies with small or negative accruals vastly outperform (+10%) those of companies with large ones. In fact, for the 40-year period between 1962 and 2001, buying the lowest accrual companies and shorting the highest accrual companies resulted in an average annual compounded return of 18%, more than double the S&P 500's 7.4% annual return over the same period.

According to How to Beat the Market with the Sloan Ratio:

If the Sloan Ratio is between -10% and 10%, the company is in the safe zone and there is no funny business with accruals.

If the Sloan Ratio is less than between -25% and -10% on the negative side, and between 10% and 25% on the positive side, this is a warning stage of accrual build up.

If the Sloan Ratio is less than -25% or greater than 25%, and this ratio is consistent over several quarters or even years, be careful. Earnings are highly likely to be made up of accruals.

As of Sep. 2017, Deutsche Highome Opportunities Fund has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Deutsche Highome Opportunities Fund Sloan Ratio % Related Terms

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Deutsche Highome Opportunities Fund (Deutsche Highome Opportunities Fund) Business Description

Traded in Other Exchanges
N/A
Address
Deutsche High Income Opportunities Fund Inc, formerly Dws Dreman Value Income Edge Fund Inc, is a closed-end, diversified management investment company.
Executives
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
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
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
Erik Mogavero officer: Chief Compliance Officer of IA 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
Kenneth C Froewiss director
Thomas Roberts Bouchard other: Portfolio Manager C/O ANJIE LAROCCA, DEUTSCHE BANK, 60 WALL STREET, NEW YORK NY 10005
Gregory Richter other: Section 16 Reporting Person C/O DEUTSCHE BANK, 5022 GATE PARKWAY, SUITE 400, JACKSONVILLE FL 32256
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174

Deutsche Highome Opportunities Fund (Deutsche Highome Opportunities Fund) Headlines