Target 2010 Fund Market Value
| TORFX Fund | USD 10.77 0.01 0.09% |
| Symbol | Target |
Target 2010 '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 Target 2010'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 Target 2010.
| 03/20/2024 |
| 04/19/2024 |
If you would invest 0.00 in Target 2010 on March 20, 2024 and sell it all today you would earn a total of 0.00 from holding Target 2010 Fund or generate 0.0% return on investment in Target 2010 over 30 days. Target 2010 is related to or competes with T Rowe, T Rowe, T Rowe, T Rowe, T Rowe, T Rowe, and T Rowe. The fund pursues its objective by investing in a diversified portfolio of other T More
Target 2010 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 Target 2010'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 Target 2010 Fund upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.3409 | |||
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 1.4 | |||
| Value At Risk | (0.46) | |||
| Potential Upside | 0.4617 |
Target 2010 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Target 2010's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Target 2010's standard deviation. In reality, there are many statistical measures that can use Target 2010 historical prices to predict the future Target 2010's volatility.| Risk Adjusted Performance | 0.034 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.14) | |||
| Treynor Ratio | 0.0262 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Target 2010'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.
Target 2010 Fund Backtested Returns
We consider Target 2010 very steady. Target 2010 Fund owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.062, which indicates the fund had a 0.062% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Target 2010 Fund, which you can use to evaluate the volatility of the fund. Please validate Target 2010's Risk Adjusted Performance of 0.034, coefficient of variation of 1390.92, and Semi Deviation of 0.2371 to confirm if the risk estimate we provide is consistent with the expected return of 0.0182%. The entity has a beta of 0.45, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Target 2010's returns are expected to increase less than the market. However, during the bear market, the loss of holding Target 2010 is expected to be smaller as well.
Auto-correlation | 0.35 |
Below average predictability
Target 2010 Fund has below average predictability. Overlapping area represents the amount of predictability between Target 2010 time series from 20th of March 2024 to 4th of April 2024 and 4th of April 2024 to 19th 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 Target 2010 Fund price movement. The serial correlation of 0.35 indicates that nearly 35.0% of current Target 2010 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.35 | |
| Spearman Rank Test | 0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Target 2010 Fund lagged returns against current returns
Autocorrelation, which is Target 2010 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 Target 2010's mutual fund expected returns. We can calculate the autocorrelation of Target 2010 returns to help us make a trade decision. For example, suppose you find that Target 2010 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 |
Target 2010 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 Target 2010 mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Target 2010 mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Target 2010 mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Target 2010 Lagged Returns
When evaluating Target 2010's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Target 2010 mutual fund have on its future price. Target 2010 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, Target 2010 autocorrelation shows the relationship between Target 2010 mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Target 2010 Fund.
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 Target 2010 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, Target 2010's short interest history, or implied volatility extrapolated from Target 2010 options trading.
Currently Active Assets on Macroaxis
Check out Target 2010 Correlation, Target 2010 Volatility and Target 2010 Alpha and Beta module to complement your research on Target 2010. Note that the Target 2010 Fund information on this page should be used as a complementary analysis to other Target 2010's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Target 2010 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.