Is Deutsche Bank Stock Still Attractive?

Is Deutsche Bank Stock Still Attractive?

Share to Linkedin 24 April 2021, Lower Saxony, Oldenburg: The logo of Deutsche Bank hangs above the entrance at a ... [+] branch in the city center. Photo: Hauke-Christian Dittrich/dpa (Photo by Hauke-Christian Dittrich/picture alliance via Getty Images) Deutsche Bank stock (NYSE: DB) has risen by 14. 6% over the last five trading days. In comparison, the broader S&P500 has declined by 0. 53% over the last five trading days. The company released its first-quarter FY2021 results on 28 April, outperforming the consensus estimates of revenues and earnings. It reported profit figures of around €908 million – the highest in seven years, primarily driven by strong growth in investment bank and asset management segments. But will the company continue its upward trajectory over the coming weeks, or is a fall in the stock imminent? According to the Trefis Machine Learning Engine, which identifies trends in a company's stock price using 20 years of historical stock data, returns for Deutsche Bank's stock average around -0. 9% in the next one-month (twenty-one trading days) period after experiencing a 14. 6% rise in a week (five trading days). Further, the stock is likely to underperform S&P500 returns by 1. 7% over the next