The price of DB is predicted to go up 4.9%, based on the high correlation periods with FARO. The similarity of these two price pattern on the periods is 96.47%.
DB
FARO
After years of declining revenue but sticky costs, Deutsche is on track to improve its cost efficiency.
Having completed its restructuring effort, the bank can set its sight toward better uses of capital, such as shareholder distributions and strategic initiatives.
Improved profitability and stronger capitalization have improved investor confidence, which is crucial during industrywide stress scenarios.