Transamerica Dynamic Allocation Fund One Year Return
Transamerica Dynamic Allocation fundamentals help investors to digest information that contributes to Transamerica Dynamic's financial success or failures. It also enables traders to predict the movement of Transamerica Mutual Fund. The fundamental analysis module provides a way to measure Transamerica Dynamic's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Transamerica Dynamic mutual fund.
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Transamerica Dynamic Allocation Mutual Fund One Year Return Analysis
Transamerica Dynamic's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Transamerica Dynamic One Year Return | 7.54 % |
Most of Transamerica Dynamic's fundamental indicators, such as One Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Transamerica Dynamic Allocation is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
CompetitionBased on the recorded statements, Transamerica Dynamic Allocation has an One Year Return of 7.54%. This is 22.59% lower than that of the Transamerica family and significantly higher than that of the Tactical Allocation category. The one year return for all United States funds is notably lower than that of the firm.
Transamerica One Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Transamerica Dynamic's direct or indirect competition against its One Year Return to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Transamerica Dynamic could also be used in its relative valuation, which is a method of valuing Transamerica Dynamic by comparing valuation metrics of similar companies.Transamerica Dynamic is currently under evaluation in one year return among similar funds.
Fund Asset Allocation for Transamerica Dynamic
The fund invests 68.56% of asset under management in tradable equity instruments, with the rest of investments concentrated in bonds (28.67%) , cash (2.51%) and various exotic instruments.Asset allocation divides Transamerica Dynamic's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Transamerica Fundamentals
| Price To Earning | 18.63 X | |||
| Price To Book | 2.22 X | |||
| Price To Sales | 1.50 X | |||
| Total Asset | 12.08 M | |||
| One Year Return | 7.54 % | |||
| Three Year Return | 6.98 % | |||
| Five Year Return | 4.14 % | |||
| Net Asset | 12.08 M | |||
| Minimum Initial Investment | 1 K | |||
| Last Dividend Paid | 0.19 | |||
| Cash Position Weight | 2.51 % | |||
| Equity Positions Weight | 68.56 % | |||
| Bond Positions Weight | 28.67 % |
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 Transamerica Dynamic 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, Transamerica Dynamic's short interest history, or implied volatility extrapolated from Transamerica Dynamic options trading.
Pair Trading with Transamerica Dynamic
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Transamerica Dynamic position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Transamerica Dynamic will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Big Lots could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Big Lots when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Big Lots - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Big Lots to buy it.
The correlation of Big Lots is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Big Lots moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Big Lots moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Big Lots can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities 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 metropolitan statistical area. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Other Consideration for investing in Transamerica Mutual Fund
If you are still planning to invest in Transamerica Dynamic check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Transamerica Dynamic's history and understand the potential risks before investing.
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