1290 Retirement 2050 Fund Market Value

TNWIX Fund  USD 14.44  0.13  0.89%   
1290 Retirement's market value is the price at which a share of 1290 Retirement trades on a public exchange. It measures the collective expectations of 1290 Retirement 2050 investors about its performance. 1290 Retirement is trading at 14.44 as of the 28th of March 2024; that is -0.89 percent decrease since the beginning of the trading day. The fund's open price was 14.57.
With this module, you can estimate the performance of a buy and hold strategy of 1290 Retirement 2050 and determine expected loss or profit from investing in 1290 Retirement over a given investment horizon. Check out 1290 Retirement Correlation, 1290 Retirement Volatility and 1290 Retirement Alpha and Beta module to complement your research on 1290 Retirement.
Symbol

Please note, there is a significant difference between 1290 Retirement's value and its price as these two are different measures arrived at by different means. Investors typically determine if 1290 Retirement is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 1290 Retirement's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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.
0.00
02/27/2024
No Change 0.00  0.0 
In 31 days
03/28/2024
0.00
If you would invest  0.00  in 1290 Retirement on February 27, 2024 and sell it all today you would earn a total of 0.00 from holding 1290 Retirement 2050 or generate 0.0% return on investment in 1290 Retirement over 30 days. 1290 Retirement is related to or competes with State Farm, 1290 Smartbeta, 1290 Smartbeta, 1290 Smartbeta, 1290 Smartbeta, 1290 Retirement, and 1290 High. 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 2050 upside and downside potential and time the market with a certain degree of confidence.

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.
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.
Hype
Prediction
LowEstimatedHigh
13.9214.4414.96
Details
Intrinsic
Valuation
LowRealHigh
13.6914.2114.73
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as 1290 Retirement. Your research has to be compared to or analyzed against 1290 Retirement's peers to derive any actionable benefits. When done correctly, 1290 Retirement's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in 1290 Retirement 2050.

1290 Retirement 2050 Backtested Returns

We consider 1290 Retirement very steady. 1290 Retirement 2050 retains Efficiency (Sharpe Ratio) of 0.13, which signifies that the fund had a 0.13% 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 Market Risk Adjusted Performance of (1.80), standard deviation of 0.4887, and Coefficient Of Variation of 531.05 to double-check if the risk estimate we provide is consistent with the expected return of 0.0663%. The entity owns a Beta (Systematic Risk) of -0.0453, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 1290 Retirement are expected to decrease at a much lower rate. During the bear market, 1290 Retirement is likely to outperform the market.

Auto-correlation

    
  0.62  

Good predictability

1290 Retirement 2050 has good predictability. Overlapping area represents the amount of predictability between 1290 Retirement time series from 27th of February 2024 to 13th of March 2024 and 13th of March 2024 to 28th of March 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 2050 price movement. The serial correlation of 0.62 indicates that roughly 62.0% of current 1290 Retirement price fluctuation can be explain by its past prices.
Correlation Coefficient0.62
Spearman Rank Test0.66
Residual Average0.0
Price Variance0.01

1290 Retirement 2050 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 2050.
   Regressed Prices   
       Timeline  

Currently Active Assets on Macroaxis

Check out 1290 Retirement Correlation, 1290 Retirement Volatility and 1290 Retirement Alpha and Beta module to complement your research on 1290 Retirement.
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When running 1290 Retirement's price analysis, check to measure 1290 Retirement's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy 1290 Retirement is operating at the current time. Most of 1290 Retirement's value examination focuses on studying past and present price action to predict the probability of 1290 Retirement's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 1290 Retirement's price. Additionally, you may evaluate how the addition of 1290 Retirement to your portfolios can decrease your overall portfolio volatility.
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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.
A focus of 1290 Retirement technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of 1290 Retirement trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...