Transamerica High Financials
| TAHTX Fund | USD 8.27 0.01 0.12% |
Transamerica |
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Transamerica High Fund Summary
Transamerica High competes with Prudential Health, Deutsche Health, Eventide Healthcare, Lord Abbett, and Alger Health. The fund normally invests at least 80 percent of its net assets in high-yield bonds. It normally invests primarily in U.S. securities. Junk bonds are high-risk debt securities rated below investment grade.Specialization | High Yield Bond, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | Transamerica Funds |
| Mutual Fund Family | Transamerica |
| Mutual Fund Category | High Yield Bond |
| Benchmark | Dow Jones Industrial |
| Phone | 800 851 7555 |
| Currency | USD - US Dollar |
Transamerica High Key Financial Ratios
Transamerica Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Transamerica High's current stock value. Our valuation model uses many indicators to compare Transamerica High value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Transamerica High competition to find correlations between indicators driving Transamerica High's intrinsic value. More Info.Transamerica High Yield is rated top fund in annual yield among similar funds. It also is rated top fund in year to date return among similar funds creating about 1,477 of Year To Date Return per Annual Yield. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Transamerica High's earnings, one of the primary drivers of an investment's value.Transamerica High Yield Systematic Risk
Transamerica High's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Transamerica High volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Transamerica High Yield correlated with the market. If Beta is less than 0 Transamerica High generally moves in the opposite direction as compared to the market. If Transamerica High Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Transamerica High Yield is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Transamerica High is generally in the same direction as the market. If Beta > 1 Transamerica High moves generally in the same direction as, but more than the movement of the benchmark.
Transamerica High November 29, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Transamerica High help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Transamerica High Yield. We use our internally-developed statistical techniques to arrive at the intrinsic value of Transamerica High Yield based on widely used predictive technical indicators. In general, we focus on analyzing Transamerica Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Transamerica High's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.1723 | |||
| Information Ratio | (0.52) | |||
| Maximum Drawdown | 0.9863 | |||
| Value At Risk | (0.24) | |||
| Potential Upside | 0.2457 |
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.
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing |