Transamerica Smallmid Cap Fund Price on February 20, 2024
| IIVAX Fund | USD 28.20 0.18 0.64% |
Below is the normalized historical share price chart for Transamerica Smallmid Cap extending back to April 24, 2001. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Transamerica Small/mid stands at 28.20, as last reported on the 25th of May, with the highest price reaching 28.20 and the lowest price hitting 28.20 during the day.
If you're considering investing in Transamerica Mutual Fund, it is important to understand the factors that can impact its price. We consider Transamerica Small/mid very steady. Transamerica Smallmid Cap owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0582, which indicates the fund had a 0.0582% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Transamerica Smallmid Cap, which you can use to evaluate the volatility of the fund. Please validate Transamerica Small/mid's Coefficient Of Variation of 1660.08, semi deviation of 0.6952, and Risk Adjusted Performance of 0.0369 to confirm if the risk estimate we provide is consistent with the expected return of 0.0418%.
Transamerica Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Transamerica |
Sharpe Ratio = 0.0582
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| Negative Returns | IIVAX |
Estimated Market Risk
| 0.72 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Transamerica Small/mid is performing at about 4% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Transamerica Small/mid by adding it to a well-diversified portfolio.
Transamerica Small/mid Valuation on February 20, 2024
It is possible to determine the worth of Transamerica Small/mid on a given historical date. On February 20, 2024 Transamerica was worth 27.24 at the beginning of the trading date compared to the closed value of 27.24. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Transamerica Small/mid mutual fund. Still, in general, we apply an absolute valuation method to find Transamerica Small/mid's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Transamerica Small/mid where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Transamerica Small/mid's related companies.
| Open | High | Low | Close | Volume | |
| 27.36 | 27.36 | 27.36 | 27.36 | 1.00 | |
02/20/2024 | 27.24 | 27.24 | 27.24 | 27.24 | 1.00 |
| 27.33 | 27.33 | 27.33 | 27.33 | 1.00 |
| Backtest Transamerica Small/mid | | | Transamerica Small/mid History | | | Transamerica Small/mid Valuation | Previous | Next |
Transamerica Small/mid Trading Date Momentum on February 20, 2024
| On February 21 2024 Transamerica Smallmid Cap was traded for 27.33 at the closing time. The highest daily price throughout the period was 27.33 and the lowest price was 27.33 . There was no trading activity during the period 1.0. Lack of trading volume on 02/21/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.33% . The trading price change to current closing price is 1.76% . |
Transamerica Smallmid Cap Fundamentals Correlations and Trends
By evaluating Transamerica Small/mid's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Transamerica Small/mid's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Transamerica financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Transamerica Small/mid Mutual Fund history
Transamerica Small/mid investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Transamerica is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Transamerica Smallmid Cap will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Transamerica Small/mid stock prices may prove useful in developing a viable investing in Transamerica Small/mid
The fund normally invests at least 80 percent of its net assets in small- and mid-cap equity securities . In the small-cap sleeve, the sub-adviser generally will invest in common stocks of companies with small capitalizations that are attractively valued and possess low price cash flow ratios or, in the case of certain financial stocks, low priceearnings ratios andor low pricebook ratios. The fund may invest up to 10 percent of its total assets in the securities of foreign issuers.
Transamerica Small/mid Mutual Fund Technical Analysis
Transamerica Small/mid 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.
Price Boundaries
Transamerica Small/mid Period Price Range
Low | February 20, 2024
| High |
27.24 | 27.24 |
Transamerica Small/mid May 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Transamerica Small/mid mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Transamerica Small/mid shares will generate the highest return on investment. By undertsting and applying Transamerica Small/mid mutual fund market strength indicators, traders can identify Transamerica Smallmid Cap entry and exit signals to maximize returns
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 27.24 | |||
| Day Typical Price | 27.24 | |||
| Period Momentum Indicator | 0.96 | |||
| Relative Strength Index | 42.75 |
Transamerica Small/mid Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Transamerica Small/mid's price direction in advance. Along with the technical and fundamental analysis of Transamerica Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Transamerica to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0369 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0297 |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Transamerica Smallmid Cap. 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 nation. Note that the Transamerica Smallmid Cap information on this page should be used as a complementary analysis to other Transamerica Small/mid'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 Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.