We consider Transamerica Large not too volatile. Transamerica Large Cap
owns Efficiency Ratio (i.e. Sharpe Ratio) of 0.0869 which indicates Transamerica Large Cap
had 0.0869% of return per unit of risk over the last 1 month. Our philosophy towards measuring volatility of a fund is to use all available market data together with fund specific technical indicators
that cannot be diversified away. We have found twenty-one technical indicators
for Transamerica Large Cap Value A which you can use to evaluate future volatility of the fund. Please validate Transamerica Large Semi Deviation
of 0.4309, Coefficient Of Variation
of 879.0 and Risk Adjusted Performance
of 0.0472 to confirm if risk estimate we provide are consistent with the epected return of 0.0529%. The entity has beta of 0.3575 which indicates as returns on market increase, Transamerica Large returns are expected to increase less than the market. However during bear market, the loss on holding Transamerica Large will be expected to be smaller as well.. Although it is extremely important to respect Transamerica Large Cap
current price movements, it is better to be realistic regarding the information on equity historical returns. The philosophy towards measuring future performance of any fund is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators
. By inspecting Transamerica Large Cap technical indicators
you can presently evaluate if the expected return of 0.0529% will be sustainable into the future.
|15 days auto-correlation|| 0.37 |
Below average predictability
Transamerica Large Cap Value A has below average predictability. Overlapping area represents the amount of predictability between Transamerica Large time series from August 20, 2018 to September 4, 2018 and September 4, 2018 to September 19, 2018. 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 Large Cap price movement. The serial correlation of 0.37 indicates that just about 37.0% of current Transamerica Large price fluctuation can be explain by its past prices.
|Spearman Rank Test||0.38|