Transamerica Small Cap Fund Market Value
Transamerica Small's market value is the price at which a share of Transamerica Small trades on a public exchange. It measures the collective expectations of Transamerica Small Cap investors about its performance. With this module, you can estimate the performance of a buy and hold strategy of Transamerica Small Cap and determine expected loss or profit from investing in Transamerica Small over a given investment horizon. Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in census.
| Symbol | Transamerica |
Transamerica Small '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 Transamerica Small'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 Transamerica Small.
| 05/04/2022 |
| 04/23/2024 |
If you would invest 0.00 in Transamerica Small on May 4, 2022 and sell it all today you would earn a total of 0.00 from holding Transamerica Small Cap or generate 0.0% return on investment in Transamerica Small over 720 days. Transamerica Small is related to or competes with Calvert Moderate, Great-west Moderately, Saat Moderate, Dimensional Retirement, Franklin Lifesmart, and Qs Moderate. The fund invests, under normal circumstances, at least 80 percent of the funds net assets in equity securities of small-... More
Transamerica Small 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 Transamerica Small'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 Transamerica Small Cap upside and downside potential and time the market with a certain degree of confidence.
Transamerica Small Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Transamerica Small's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Transamerica Small's standard deviation. In reality, there are many statistical measures that can use Transamerica Small historical prices to predict the future Transamerica Small's volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Transamerica Small'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.
Transamerica Small Cap Backtested Returns
We consider Transamerica Small not too volatile. Transamerica Small Cap owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0083, which indicates the fund had a 0.0083% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Transamerica Small Cap, which you can use to evaluate the volatility of the fund. Please validate Transamerica Small's Coefficient Of Variation of 12026.17, semi deviation of 1.32, and Risk Adjusted Performance of 0.01 to confirm if the risk estimate we provide is consistent with the expected return of 0.0099%. The entity has a beta of 0.1, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Transamerica Small's returns are expected to increase less than the market. However, during the bear market, the loss of holding Transamerica Small is expected to be smaller as well.
Auto-correlation | 0.05 |
Virtually no predictability
Transamerica Small Cap has virtually no predictability. Overlapping area represents the amount of predictability between Transamerica Small 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 Transamerica Small Cap price movement. The serial correlation of 0.05 indicates that only as little as 5.0% of current Transamerica Small price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.05 | |
| Spearman Rank Test | -0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 0.08 |
Transamerica Small Cap lagged returns against current returns
Autocorrelation, which is Transamerica Small 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 Transamerica Small's mutual fund expected returns. We can calculate the autocorrelation of Transamerica Small returns to help us make a trade decision. For example, suppose you find that Transamerica Small 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 |
Transamerica Small 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 Transamerica Small mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Transamerica Small mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Transamerica Small mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Transamerica Small Lagged Returns
When evaluating Transamerica Small's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Transamerica Small mutual fund have on its future price. Transamerica Small 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, Transamerica Small autocorrelation shows the relationship between Transamerica Small mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Transamerica Small Cap.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Check out Transamerica Small Correlation, Transamerica Small Volatility and Transamerica Small Alpha and Beta module to complement your research on Transamerica Small. Note that the Transamerica Small Cap information on this page should be used as a complementary analysis to other Transamerica Small'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 Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Transamerica Small 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.