Macroaxis considers Transamerica Large to be somewhat reliable. Transamerica Large Cap
owns Efficiency Ratio (i.e. Sharpe Ratio) of -0.0264 which indicates the organization had -0.0264% of return per unit of risk over the last 3 months. Macroaxis philosophy towards measuring risk of any fund is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators
. Transamerica Large Cap Value Cl exposes twenty-one different technical indicators
which can help you to evaluate volatility that cannot be diversified away. Please be advised to validate Transamerica Large Coefficient Of Variation
of (2,944) and Risk Adjusted Performance of (0.031213) to confirm risk estimate we provide. The entity has beta of 0.0582 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. Even though it is essential to pay attention to Transamerica Large Cap current price movements, it is always good to be careful when utilizing equity historical returns. Macroaxis philosophy towards measuring future performance of any fund is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Transamerica Large Cap Value Cl exposes twenty-one different technical indicators which can help you to evaluate its performance.
Below average predictability
Transamerica Large Cap Value Cl has below average predictability. Overlapping area represents the amount of predictability between Transamerica Large time series from July 19, 2019 to September 2, 2019 and September 2, 2019 to October 17, 2019. 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 0.34 indicates that nearly 34.0% of current Transamerica Large price fluctuation can be explain by its past prices.