Target 2060 Financials
| TTOIX Fund | USD 15.15 0.17 1.13% |
Target |
Please note that past performance is not an indicator of the future performance of Target 2060, its manager's success, or the effectiveness of its strategy. The performance results shown here may have been adversely or favorably impacted by events and economic conditions that may not prevail in the future. Therefore, you must use caution to infer that these results indicate any fund, manager, or strategy's future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Target 2060 Fund Summary
Target 2060 competes with American Funds, American Funds, American Funds, Fidelity Freedom, and Fidelity Freedom. The fund pursues its objective by investing in a diversified portfolio of other T. Rowe Price stock and bond mutual funds that represent various asset classes and sectors. Its allocation among T. Rowe Price mutual funds will change over time in relation to its target retirement date. The fund is managed based on the specific retirement year included in its name and assumes a retirement age of 65.Specialization | Target-Date 2060+, Large Blend |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | T Rowe Price |
| Mutual Fund Family | T. Rowe Price |
| Mutual Fund Category | Target-Date 2060+ |
| Benchmark | NYSE Composite |
| Phone | 800 638 8790 |
| Currency | USD - US Dollar |
You should never invest in Target 2060 Fund without having analyzed available financial metrics that contribute to the net asset value (NAV) of the fund. Do not rely on someone else's analysis or guesses about the future performance of Target Mutual Fund, because this is throwing your money away. Analyzing the key information contained in Target 2060's prospectus and an annual reports, can give you an edge over other investors and help to ensure that your investments perform well for you.
Target 2060 Key Financial Ratios
Generally speaking, Target 2060's financial ratios allow both analysts and investors to convert raw data from Target 2060's financial statements into concise, actionable information that can be used to evaluate the performance of Target 2060 over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Target 2060 Fund reports annually and quarterly.Target Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Target 2060's current stock value. Our valuation model uses many indicators to compare Target 2060 value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Target 2060 competition to find correlations between indicators driving Target 2060's intrinsic value. More Info.Target 2060 Fund is rated fourth largest fund in annual yield among similar funds. It is rated top fund in year to date return among similar funds creating about 220.99 of Year To Date Return per Annual Yield. Comparative valuation analysis is a catch-all model that can be used if you cannot value Target 2060 by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Target 2060's Mutual Fund. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Target 2060's earnings, one of the primary drivers of an investment's value.Target 2060 Fund Systematic Risk
Target 2060's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Target 2060 volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Target 2060 Fund correlated with the market. If Beta is less than 0 Target 2060 generally moves in the opposite direction as compared to the market. If Target 2060 Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Target 2060 Fund is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Target 2060 is generally in the same direction as the market. If Beta > 1 Target 2060 moves generally in the same direction as, but more than the movement of the benchmark.
Target 2060 April 24, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Target 2060 help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Target 2060 Fund. We use our internally-developed statistical techniques to arrive at the intrinsic value of Target 2060 Fund based on widely used predictive technical indicators. In general, we focus on analyzing Target Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Target 2060's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.6759 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 2.91 | |||
| Value At Risk | (1.03) | |||
| Potential Upside | 0.9888 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Target 2060 Fund. 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 gross domestic product. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.