Tactical Growth Allocation Fund Market Value
| TFAFX Fund | USD 9.95 0.08 0.81% |
| Symbol | Tactical |
Tactical Growth '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 Tactical Growth'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 Tactical Growth.
| 03/24/2024 |
| 04/23/2024 |
If you would invest 0.00 in Tactical Growth on March 24, 2024 and sell it all today you would earn a total of 0.00 from holding Tactical Growth Allocation or generate 0.0% return on investment in Tactical Growth over 30 days. Tactical Growth is related to or competes with Tfa Quantitative, Mfs Blended, Et Vn, Catalyst Intelligent, Blackrock Bal, Vanguard Total, and Fidelity Capital. The fund may invest in equity securities of domestic and foreign issuers of any size, equity-related securities such as ... More
Tactical Growth 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 Tactical Growth'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 Tactical Growth Allocation upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8246 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 4.25 | |||
| Value At Risk | (1.38) | |||
| Potential Upside | 1.22 |
Tactical Growth Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tactical Growth's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tactical Growth's standard deviation. In reality, there are many statistical measures that can use Tactical Growth historical prices to predict the future Tactical Growth's volatility.| Risk Adjusted Performance | 0.0392 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.0396 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Tactical Growth'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.
Tactical Growth Allo Backtested Returns
We consider Tactical Growth very steady. Tactical Growth Allo owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.01, which indicates the fund had a 0.01% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Tactical Growth Allocation, which you can use to evaluate the volatility of the fund. Please validate Tactical Growth's Risk Adjusted Performance of 0.0392, semi deviation of 0.7288, and Coefficient Of Variation of 1678.18 to confirm if the risk estimate we provide is consistent with the expected return of 0.0085%. The entity has a beta of 1.02, which indicates a somewhat significant risk relative to the market. Tactical Growth returns are very sensitive to returns on the market. As the market goes up or down, Tactical Growth is expected to follow.
Auto-correlation | 0.76 |
Good predictability
Tactical Growth Allocation has good predictability. Overlapping area represents the amount of predictability between Tactical Growth time series from 24th of March 2024 to 8th of April 2024 and 8th of April 2024 to 23rd 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 Tactical Growth Allo price movement. The serial correlation of 0.76 indicates that around 76.0% of current Tactical Growth price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.76 | |
| Spearman Rank Test | 0.78 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Tactical Growth Allo lagged returns against current returns
Autocorrelation, which is Tactical Growth 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 Tactical Growth's mutual fund expected returns. We can calculate the autocorrelation of Tactical Growth returns to help us make a trade decision. For example, suppose you find that Tactical Growth 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 |
Tactical Growth 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 Tactical Growth mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tactical Growth mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tactical Growth mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Tactical Growth Lagged Returns
When evaluating Tactical Growth's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tactical Growth mutual fund have on its future price. Tactical Growth 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, Tactical Growth autocorrelation shows the relationship between Tactical Growth mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Tactical Growth Allocation.
Regressed Prices |
| Timeline |
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 Tactical Growth 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, Tactical Growth's short interest history, or implied volatility extrapolated from Tactical Growth options trading.
Currently Active Assets on Macroaxis
Check out Tactical Growth Correlation, Tactical Growth Volatility and Tactical Growth Alpha and Beta module to complement your research on Tactical Growth. Note that the Tactical Growth Allo information on this page should be used as a complementary analysis to other Tactical Growth'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 Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Tactical Growth 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.