Transamerica Mutual Fund Manager Performance Evaluation

TMCLX -  USA Fund  

USD 6.46  0.16  2.42%

The entity has a beta of 0.0631, which indicates not very significant fluctuations relative to the market. Let's try to break down what Transamerica's beta means in this case. As returns on the market increase, Transamerica MLP returns are expected to increase less than the market. However, during the bear market, the loss on holding Transamerica MLP will be expected to be smaller as well. Although it is extremely important to respect Transamerica MLP Energy current price movements, it is better to be realistic regarding the information on equity historical returns. The philosophy towards measuring future performance of any fund is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By inspecting Transamerica MLP Energy technical indicators, you can presently evaluate if the expected return of 0.0705% will be sustainable into the future.

Transamerica Mutual Fund Performance 

 
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Transamerica Performance
5 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in Transamerica MLP Energy are ranked lower than 5 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong essential indicators, Transamerica MLP is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
Fifty Two Week Low5.46
Fifty Two Week High6.95
Annual Report Expense Ratio2.35%

Transamerica MLP Relative Risk vs. Return Landscape

If you would invest  635.00  in Transamerica MLP Energy on September 9, 2021 and sell it today you would earn a total of  27.00  from holding Transamerica MLP Energy or generate 4.25% return on investment over 90 days. Transamerica MLP Energy is currently producing 0.0705% returns and takes up 0.9444% volatility of returns over 90 trading days. Put another way, 8% of traded mutual funds are less volatile than Transamerica, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
 Daily Expected Return (%) 
      Risk (%) 
Assuming the 90 days horizon Transamerica MLP is expected to generate 1.07 times more return on investment than the market. However, the company is 1.07 times more volatile than its market benchmark. It trades about 0.07 of its potential returns per unit of risk. The DOW is currently generating roughly 0.05 per unit of risk.

Transamerica MLP Current Valuation

Overvalued
Today
6.46
8th of December 2021
Share
Please note that Transamerica MLP's price fluctuation is not too volatile at this time.
Transamerica MLP Energy has a current Real Value of $6.33 per share. The regular price of the fund is $6.46. At this time, the fund appears to be overvalued. We determine the value of Transamerica MLP Energy from inspecting fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued stocks and dropping overvalued stocks since, at some point, stock prices and their ongoing real values will draw towards each other.
Our valuation method for Transamerica MLP Energy is useful when determining the fair value of the Transamerica mutual fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of Transamerica MLP. Since Transamerica MLP is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Transamerica Mutual Fund. However, Transamerica MLP's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
6.33
Real Value
7.27
Upside
Estimating the potential upside or downside of Transamerica MLP Energy helps investors to forecast how Transamerica mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Transamerica MLP more accurately as focusing exclusively on Transamerica MLP's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
6.446.737.03
Details
Hype
Prediction
LowEstimated ValueHigh
5.526.467.40
Details
Potential
Annual Dividend
LowIncome Per ShareHigh
0.170.170.17
Details

Transamerica MLP Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Transamerica MLP's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Transamerica MLP Energy, and traders can use it to determine the average amount a Transamerica MLP's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.0747

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Estimated Market Risk
 0.94
  actual daily
 
 8 %
of total potential
 
88
Expected Return
 0.07
  actual daily
 
 1 %
of total potential
 
11
Risk-Adjusted Return
 0.07
  actual daily
 
 5 %
of total potential
 
55
Based on monthly moving average Transamerica MLP is performing at about 5% 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 MLP by adding it to a well-diversified portfolio.

About Transamerica MLP Performance

To evaluate Transamerica MLP Energy Mutual Fund as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Transamerica MLP generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Transamerica Mutual Fund's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Transamerica MLP Energy stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents Transamerica's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
The investment seeks long-term growth of capital while providing current income. Transamerica MLP is traded on NASDAQ Exchange in the United States.

Things to note about Transamerica MLP Energy

Checking the ongoing alerts about Transamerica MLP for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Transamerica MLP Energy help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Transamerica MLP Alerts

Equity Alerts and Improvement Suggestions

Transamerica MLP Energy generated five year return of -10.0%
This fund maintains 98.86% of its assets in stocks
Additionally, take a look at World Market Map. Note that the Transamerica MLP Energy information on this page should be used as a complementary analysis to other Transamerica MLP'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 Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

Complementary Tools for Transamerica Mutual Fund analysis

When running Transamerica MLP Energy price analysis, check to measure Transamerica MLP's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Transamerica MLP is operating at the current time. Most of Transamerica MLP's value examination focuses on studying past and present price action to predict the probability of Transamerica MLP's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Transamerica MLP's price. Additionally, you may evaluate how the addition of Transamerica MLP to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Transamerica MLP's value and its price as these two are different measures arrived at by different means. Investors typically determine Transamerica MLP value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Transamerica MLP's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.