Transamerica High Competition

THYIX Fund

USD 10.69 0.04 0.38%

Transamerica High Yield competes with Transamerica Emerging, Transamerica Emerging, Transamerica Emerging, Transamerica Capital, and Transamerica Growth; as well as few others. The fund is listed under High Yield Muni category and is part of Transamerica family. Analyzing Transamerica High competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Transamerica High to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Transamerica High Correlation with its peers.

You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Transamerica High competition on your existing holdings.

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Hype

Prediction

Low	Estimated	High
10.39	10.69	10.99

Details

Intrinsic

Valuation

Low	Real	High
9.79	10.09	11.76

Details

Transamerica High Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Transamerica High and its competitors represents the degree of relationship between the price movements of corresponding funds. A correlation of about +1.0 implies that the price of Transamerica and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Transamerica High Yield does not affect the price movement of the other competitor.

	TEOJX	TEOIX	TEOOX	ILLLX	TWMTX	TWQZX	TWQAX	TWQIX	TWQCX	EMTIX
TEOJX		0.95	0.99	0.0	0.38	0.32	0.32	0.32	0.32	0.53	TEOJX
TEOIX	0.95		0.94	-0.02	0.32	0.25	0.28	0.28	0.29	0.61	TEOIX
TEOOX	0.99	0.94		0.01	0.38	0.32	0.33	0.33	0.33	0.54	TEOOX
ILLLX	0.0	-0.02	0.01		0.82	0.85	0.87	0.87	0.86	-0.22	ILLLX
TWMTX	0.38	0.32	0.38	0.82		0.94	0.92	0.92	0.92	0.03	TWMTX
TWQZX	0.32	0.25	0.32	0.85	0.94		0.96	0.96	0.95	-0.08	TWQZX
TWQAX	0.32	0.28	0.33	0.87	0.92	0.96		1.0	1.0	-0.06	TWQAX
TWQIX	0.32	0.28	0.33	0.87	0.92	0.96	1.0		1.0	-0.06	TWQIX
TWQCX	0.32	0.29	0.33	0.86	0.92	0.95	1.0	1.0		-0.06	TWQCX
EMTIX	0.53	0.61	0.54	-0.22	0.03	-0.08	-0.06	-0.06	-0.06		EMTIX
	TEOJX	TEOIX	TEOOX	ILLLX	TWMTX	TWQZX	TWQAX	TWQIX	TWQCX	EMTIX

Click cells to compare fundamentals

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High positive correlations

TWQIX	+ 1.0	TWQAX
TWQCX	+ 1.0	TWQAX
TWQCX	+ 1.0	TWQIX
TEOOX	+ 0.99	TEOJX
TWQAX	+ 0.96	TWQZX
TWQIX	+ 0.96	TWQZX

High negative correlations

EMTIX	- 0.22	ILLLX
EMTIX	- 0.08	TWQZX
EMTIX	- 0.06	TWQCX
EMTIX	- 0.06	TWQIX
EMTIX	- 0.06	TWQAX
ILLLX	- 0.02	TEOIX

Risk-Adjusted Indicators

There is a big difference between Transamerica Mutual Fund performing well and Transamerica High Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Transamerica High's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
TEOJX	0.67	0.00	(0.14)	0.15	0.83	(0.76)	1.76	(1.83)	4.91
TEOIX	0.66	(0.06)	0.00	(0.08)	0.00	0.00	1.76	(1.71)	4.92
TEOOX	0.62	0.00	(0.12)	0.09	0.79	(0.76)	1.47	(1.70)	4.77
ILLLX	1.23	0.35	0.32	0.37	0.78	(1.54)	2.98	(1.89)	7.97
TWMTX	0.74	0.10	(0.01)	(3.22)	1.11	(0.70)	1.54	(2.31)	5.31
TWQZX	0.50	0.10	(0.04)	4.71	0.33	(0.60)	1.16	(0.75)	3.48
TWQAX	0.50	(0.01)	(0.06)	0.11	0.35	(0.66)	1.14	(0.76)	3.45
TWQIX	0.50	(0.01)	(0.05)	0.11	0.36	(0.62)	1.15	(0.75)	3.53
TWQCX	0.49	(0.01)	(0.06)	0.10	0.38	(0.60)	1.14	(0.76)	3.54
EMTIX	0.15	(0.01)	(0.60)	(0.35)	0.16	(0.25)	0.32	(0.32)	1.29

Unable to evaluate fundamental data of [TEOJX, TEOIX, TEOOX, ILLLX, TWMTX, TWQZX, TWQAX, TWQIX, TWQCX, EMTIX] at this time. Please try again later

All Fundamental Data

Transamerica High Competitive Analysis

The better you understand Transamerica High competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Transamerica High's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Transamerica High's competition over several years is one of the best ways to analyze its investment potential.

Better Than Average

Worse Than Peers

View Performance Chart

	THYIX	TEOJX	TEOIX	TEOOX	ILLLX	TWMTX	TWQZX	TWQAX	TWQIX	TWQCX
	0.38 10.69 Transamerica	0.62 7.99 Transamerica	0.62 7.98 Transamerica	0.25 8.07 Transamerica	1.06 25.31 Transamerica	0.30 126.17 Transamerica	0.45 15.59 Transamerica	0.06 15.52 Transamerica	0.13 15.72 Transamerica	0.07 15.38 Transamerica
Market Volatility (90 Days Market Risk)	Very steady	Not too volatile	Not too volatile	Not too volatile	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady
Market Performance (90 Days Performance)	OK	Very Weak	Very Weak	Very Weak	Strong	OK	Good	Good	Good	Good
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Low	Low	Low	Low	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Over Valued	Over Valued	Fairly Valued	Over Valued	Under Valued	Over Valued	Under Valued	Fairly Valued	Fairly Valued	Fairly Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Strong Hold	Strong Hold	Strong Buy	Strong Hold	Strong Buy	Strong Hold	Buy	Strong Buy	Strong Buy	Strong Buy
Net Asset	98.76 M	378.25 M	378.25 M	377.91 M	1.53 B	2.06 B	2.38 B	1.4 B	1.4 B	1.4 B
Price To Book	N/A	N/A	N/A	N/A	6.4	4.21	1.75	1.75	1.75	1.75
Five Year Return	1.49	N/A	N/A	N/A	12.29	16.28	12.21	11.79	12.23	10.93
One Year Return	11.57	10.19	10.1	N/A	72.52	33.1	31.87	31.41	31.87	30.62
Last Dividend Paid	0.03	0.01	0.01	N/A	N/A	N/A	0.02	0.01	0.02	N/A
Price To Earning	N/A	N/A	N/A	N/A	0.64	6.76	16.14	16.14	16.14	16.14
Price To Sales	N/A	N/A	N/A	N/A	4.69	2.02	1.62	1.62	1.62	1.62
Cash Position Weight	1.15	8.2	4.84	N/A	0.91	0.97	2.18	2.04	2.04	2.04
Equity Positions Weight	N/A	91.8	95.16	N/A	99.09	99.03	97.82	97.96	97.96	97.96
Three Year Return	-1.19	-6.86	-6.94	N/A	-9.54	7.15	9.78	9.4	9.8	8.4
Annual Yield	0.0026	0.0258	0.025	0.0253	N/A	N/A	0.0105	0.0076	0.0097	7.0E-4
Year To Date Return	6.81	7.68	7.69	N/A	48.74	26.97	23.64	23.26	23.6	22.89
Bond Positions Weight	2.95	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Ten Year Return	N/A	N/A	N/A	N/A	18.91	14.58	N/A	N/A	N/A	N/A
Daily Balance Of Power	9.2 T	(9,223,372,036,855)	(9,223,372,036,855)	(9,223,372,036,855)	(9,223,372,036,855)	(9,223,372,036,855)	(9,223,372,036,855)	(9,223,372,036,855)	(9,223,372,036,855)	(9,223,372,036,855)
Day Typical Price	10.69	7.99	7.98	8.07	25.31	126.17	15.59	15.52	15.72	15.38
Period Momentum Indicator	0.04	(0.05)	(0.05)	(0.02)	(0.27)	(0.38)	(0.07)	(0.01)	(0.02)	(0.01)
Rate Of Daily Change	1.0	0.99	0.99	1.0	0.99	1.0	1.0	1.0	1.0	1.0
Day Median Price	10.69	7.99	7.98	8.07	25.31	126.17	15.59	15.52	15.72	15.38
Price Action Indicator	0.02	(0.03)	(0.03)	(0.01)	(0.13)	(0.19)	(0.04)	(0.01)	(0.01)	(0.01)
Coefficient Of Variation	1202.34	231791.9	(6,156)	11627.35	309.82	979.64	619.86	689.47	675.25	719.26
Mean Deviation	0.1807	0.6705	0.6606	0.6166	1.23	0.7381	0.5019	0.4956	0.496	0.4908
Jensen Alpha	0.0297	(0)	(0.06)	9.0E-4	0.3541	0.1035	0.0954	(0.01)	(0.01)	(0.01)
Total Risk Alpha	(0.03)	(0.15)	(0.17)	(0.14)	0.2648	(0.07)	(0.01)	(0.02)	(0.01)	(0.02)
Sortino Ratio	(0.21)	(0.14)	N/A	(0.12)	0.319	(0.01)	(0.04)	(0.06)	(0.05)	(0.06)
Downside Variance	0.2568	0.8341	N/A	0.9951	1.58	1.86	0.3082	0.3069	0.3134	0.3349
Standard Deviation	0.2973	0.9229	0.9059	0.8784	1.64	1.08	0.6688	0.6601	0.6657	0.6651
Kurtosis	7.9	1.13	1.28	1.27	1.91	1.62	3.04	3.52	3.57	3.62
Potential Upside	0.3795	1.76	1.76	1.47	2.98	1.54	1.16	1.14	1.15	1.14
Treynor Ratio	(0.12)	0.151	(0.08)	0.0855	0.3728	(3.22)	4.71	0.1067	0.1091	0.1015
Maximum Drawdown	1.79	4.91	4.92	4.77	7.97	5.31	3.48	3.45	3.53	3.54
Variance	0.0884	0.8517	0.8207	0.7715	2.69	1.16	0.4473	0.4357	0.4432	0.4423
Market Risk Adjusted Performance	(0.11)	0.161	(0.07)	0.0955	0.3828	(3.21)	4.72	0.1167	0.1191	0.1115
Risk Adjusted Performance	0.0479	0.002	(0.01)	0.0079	0.252	0.0809	0.1219	0.1093	0.1117	0.1048
Skewness	(1.90)	0.3459	0.3473	0.2208	0.7043	(0.68)	1.01	1.08	1.07	1.06
Semi Deviation	0.278	0.8335	N/A	0.7879	0.7752	1.11	0.3301	0.3547	0.3575	0.3753
Information Ratio	(0.35)	(0.14)	(0.16)	(0.14)	0.2443	(0.02)	(0.03)	(0.05)	(0.05)	(0.05)
Value At Risk	(0.46)	(1.83)	(1.71)	(1.70)	(1.89)	(2.31)	(0.75)	(0.76)	(0.75)	(0.76)
Expected Short fall	(0.22)	(0.76)	N/A	(0.76)	(1.54)	(0.70)	(0.60)	(0.66)	(0.62)	(0.60)
Downside Deviation	0.5068	0.9133	N/A	0.9976	1.26	1.37	0.5552	0.554	0.5598	0.5787
Semi Variance	0.0773	0.6946	N/A	0.6207	0.6009	1.24	0.109	0.1258	0.1278	0.1408

Transamerica High Competition Performance Charts

Five steps to successful analysis of Transamerica High Competition

Transamerica High's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Transamerica High Yield in relation to its competition. Transamerica High's competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of Transamerica High in the market, both direct and indirect, as well as new entrants and disruptive technologies.
Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Transamerica High's competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Transamerica High Yield, and developing a strategy to address them.
Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.

Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Transamerica High position

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Other Information on Investing in Transamerica Mutual Fund

Transamerica High financial ratios help investors to determine whether Transamerica Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Transamerica with respect to the benefits of owning Transamerica High security.

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