Trowe Price Retirement Fund Market Value
| RRTBX Fund | USD 17.53 0.03 0.17% |
| Symbol | Trowe |
Trowe Price 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Trowe Price's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Trowe Price.
| 03/20/2024 |
| 04/19/2024 |
If you would invest 0.00 in Trowe Price on March 20, 2024 and sell it all today you would earn a total of 0.00 from holding Trowe Price Retirement or generate 0.0% return on investment in Trowe Price over 30 days. Trowe Price is related to or competes with T Rowe, T Rowe, T Rowe, T Rowe, and T Rowe. The fund invests in a diversified portfolio of other T More
Trowe Price Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Trowe Price's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Trowe Price Retirement upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.4251 | |||
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 1.78 | |||
| Value At Risk | (0.62) | |||
| Potential Upside | 0.6183 |
Trowe Price Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Trowe Price's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Trowe Price's standard deviation. In reality, there are many statistical measures that can use Trowe Price historical prices to predict the future Trowe Price's volatility.| Risk Adjusted Performance | 0.0482 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.08) | |||
| Treynor Ratio | 0.0401 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Trowe Price's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Trowe Price Retirement Backtested Returns
We consider Trowe Price very steady. Trowe Price Retirement owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0714, which indicates the fund had a 0.0714% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Trowe Price Retirement, which you can use to evaluate the volatility of the fund. Please validate Trowe Price's Coefficient Of Variation of 1140.08, risk adjusted performance of 0.0482, and Semi Deviation of 0.3486 to confirm if the risk estimate we provide is consistent with the expected return of 0.0272%. The entity has a beta of 0.6, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Trowe Price's returns are expected to increase less than the market. However, during the bear market, the loss of holding Trowe Price is expected to be smaller as well.
Auto-correlation | 0.33 |
Below average predictability
Trowe Price Retirement has below average predictability. Overlapping area represents the amount of predictability between Trowe Price time series from 20th of March 2024 to 4th of April 2024 and 4th of April 2024 to 19th of April 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Trowe Price Retirement price movement. The serial correlation of 0.33 indicates that nearly 33.0% of current Trowe Price price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.33 | |
| Spearman Rank Test | 0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Trowe Price Retirement lagged returns against current returns
Autocorrelation, which is Trowe Price mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Trowe Price's mutual fund expected returns. We can calculate the autocorrelation of Trowe Price returns to help us make a trade decision. For example, suppose you find that Trowe Price has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Trowe Price regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Trowe Price mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Trowe Price mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Trowe Price mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Trowe Price Lagged Returns
When evaluating Trowe Price's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Trowe Price mutual fund have on its future price. Trowe Price autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Trowe Price autocorrelation shows the relationship between Trowe Price mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Trowe Price Retirement.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Check out Trowe Price Correlation, Trowe Price Volatility and Trowe Price Alpha and Beta module to complement your research on Trowe Price. Note that the Trowe Price Retirement information on this page should be used as a complementary analysis to other Trowe Price'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 Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Trowe Price 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.