1290 Retirement 2040 Fund Market Value
| TNNIX Fund | USD 13.21 0.10 0.75% |
| Symbol | 1290 |
1290 Retirement '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 1290 Retirement's 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 1290 Retirement.
| 05/04/2022 |
| 04/23/2024 |
If you would invest 0.00 in 1290 Retirement on May 4, 2022 and sell it all today you would earn a total of 0.00 from holding 1290 Retirement 2040 or generate 0.0% return on investment in 1290 Retirement over 720 days. 1290 Retirement is related to or competes with 1290 Funds, 1290 Essex, 1290 Funds, 1290 Smartbeta, 1290 Smartbeta, 1290 Smartbeta, and 1290 Smartbeta. The fund invests in exchange traded securities of other investment companies or investment vehicles , which represent a ... More
1290 Retirement 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 1290 Retirement's 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 1290 Retirement 2040 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6198 | |||
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 2.69 | |||
| Value At Risk | (0.68) | |||
| Potential Upside | 0.8384 |
1290 Retirement Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 1290 Retirement's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 1290 Retirement's standard deviation. In reality, there are many statistical measures that can use 1290 Retirement historical prices to predict the future 1290 Retirement's volatility.| Risk Adjusted Performance | 0.0333 | |||
| Jensen Alpha | 0.0172 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.1) | |||
| Treynor Ratio | 0.8241 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of 1290 Retirement's 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.
1290 Retirement 2040 Backtested Returns
We consider 1290 Retirement very steady. 1290 Retirement 2040 retains Efficiency (Sharpe Ratio) of 0.0232, which signifies that the fund had a 0.0232% return per unit of price deviation over the last 3 months. We have found twenty-seven technical indicators for 1290 Retirement, which you can use to evaluate the volatility of the entity. Please confirm 1290 Retirement's Coefficient Of Variation of 1735.04, market risk adjusted performance of 0.8341, and Standard Deviation of 0.5038 to double-check if the risk estimate we provide is consistent with the expected return of 0.0122%. The entity owns a Beta (Systematic Risk) of 0.0231, which signifies not very significant fluctuations relative to the market. As returns on the market increase, 1290 Retirement's returns are expected to increase less than the market. However, during the bear market, the loss of holding 1290 Retirement is expected to be smaller as well.
Auto-correlation | 0.53 |
Modest predictability
1290 Retirement 2040 has modest predictability. Overlapping area represents the amount of predictability between 1290 Retirement time series from 4th of May 2022 to 29th of April 2023 and 29th of April 2023 to 23rd of April 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of 1290 Retirement 2040 price movement. The serial correlation of 0.53 indicates that about 53.0% of current 1290 Retirement price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.53 | |
| Spearman Rank Test | 0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.28 |
1290 Retirement 2040 lagged returns against current returns
Autocorrelation, which is 1290 Retirement 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 1290 Retirement's mutual fund expected returns. We can calculate the autocorrelation of 1290 Retirement returns to help us make a trade decision. For example, suppose you find that 1290 Retirement 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 |
1290 Retirement 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 1290 Retirement mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 1290 Retirement mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 1290 Retirement mutual fund over time.
Current vs Lagged Prices |
| Timeline |
1290 Retirement Lagged Returns
When evaluating 1290 Retirement's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 1290 Retirement mutual fund have on its future price. 1290 Retirement 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, 1290 Retirement autocorrelation shows the relationship between 1290 Retirement mutual fund current value and its past values and can show if there is a momentum factor associated with investing in 1290 Retirement 2040.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards 1290 Retirement in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, 1290 Retirement's short interest history, or implied volatility extrapolated from 1290 Retirement options trading.
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Check out 1290 Retirement Correlation, 1290 Retirement Volatility and 1290 Retirement Alpha and Beta module to complement your research on 1290 Retirement. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
1290 Retirement technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.