Transamerica Asset Allocation Fund Technical Analysis
| TACIX Fund | USD 10.16 0.09 0.88% |
As of the 16th of April 2024, Transamerica Asset has the Risk Adjusted Performance of 0.0232, semi deviation of 0.4215, and Coefficient Of Variation of 2242.84. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Transamerica Asset, as well as the relationship between them. In other words, you can use this information to find out if the fund will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to collect and analyze data for nineteen technical drivers for Transamerica Asset Allocation, which can be compared to its competition. Please validate Transamerica Asset variance, as well as the relationship between the value at risk and skewness to decide if Transamerica Asset is priced more or less accurately, providing market reflects its prevalent price of 10.16 per share.
Transamerica Asset Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Transamerica, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to TransamericaTransamerica |
Transamerica Asset 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.
Transamerica Asset Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Transamerica Asset volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Transamerica Asset Trend Analysis
Use this graph to draw trend lines for Transamerica Asset Allocation. You can use it to identify possible trend reversals for Transamerica Asset as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Transamerica Asset price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Transamerica Asset Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Transamerica Asset Allocation applied against its price change over selected period. The best fit line has a slop of 0.01 , which means Transamerica Asset Allocation will continue generating value for investors. It has 122 observation points and a regression sum of squares at 1.02, which is the sum of squared deviations for the predicted Transamerica Asset price change compared to its average price change.About Transamerica Asset Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Transamerica Asset Allocation on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Transamerica Asset Allocation based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Transamerica Asset price pattern first instead of the macroeconomic environment surrounding Transamerica Asset. By analyzing Transamerica Asset's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Transamerica Asset's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Transamerica Asset specific price patterns or momentum indicators. Please read more on our technical analysis page.
Transamerica Asset April 16, 2024 Technical Indicators
Most technical analysis of Transamerica help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Transamerica from various momentum indicators to cycle indicators. When you analyze Transamerica charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0232 | |||
| Market Risk Adjusted Performance | 0.0266 | |||
| Mean Deviation | 0.3233 | |||
| Semi Deviation | 0.4215 | |||
| Downside Deviation | 0.5207 | |||
| Coefficient Of Variation | 2242.84 | |||
| Standard Deviation | 0.4236 | |||
| Variance | 0.1795 | |||
| Information Ratio | (0.10) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.08) | |||
| Treynor Ratio | 0.0166 | |||
| Maximum Drawdown | 1.97 | |||
| Value At Risk | (0.79) | |||
| Potential Upside | 0.6718 | |||
| Downside Variance | 0.2711 | |||
| Semi Variance | 0.1777 | |||
| Expected Short fall | (0.35) | |||
| Skewness | (0.67) | |||
| Kurtosis | 0.4508 |
Transamerica Asset One Year Return
Based on the recorded statements, Transamerica Asset Allocation has an One Year Return of 8.737%. This is 10.3% lower than that of the Transamerica family and significantly higher than that of the Allocation--30% to 50% Equity category. The one year return for all United States funds is notably lower than that of the firm.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Transamerica Asset Allocation. 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 gross domestic product. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.