Transamerica Floating Financials
| TFLIX Fund | USD 9.02 0.01 0.11% |
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 Floating Fund Summary
Transamerica Floating competes with Oppenheimer Senior, Floating Rate, Floating Rate, Floating Rate, and Floating Rate. Under normal circumstances the funds sub-adviser seeks to achieve the funds objective by investing at least 80 percent of its net assets in floating rate loans or floating rate debt securities. It can invest in senior loans of any maturity and quality. The majority of the funds total assets generally will be invested in floating rate loans or floating rate debt securities rated below investment grade, and the fund may invest without limitation in such loans and securities.Specialization | Bank Loan, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | Transamerica Funds |
| Mutual Fund Family | Transamerica |
| Mutual Fund Category | Bank Loan |
| Benchmark | Dow Jones Industrial |
| Phone | 888 233 4339 |
| Currency | USD - US Dollar |
Transamerica Floating Key Financial Ratios
Transamerica Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Transamerica Floating's current stock value. Our valuation model uses many indicators to compare Transamerica Floating value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Transamerica Floating competition to find correlations between indicators driving Transamerica Floating's intrinsic value. More Info.Transamerica Floating Rate is rated third largest fund in price to sales among similar funds. It is rated fourth largest fund in annual yield among similar funds fabricating about 0.29 of Annual Yield per Price To Sales. The ratio of Price To Sales to Annual Yield for Transamerica Floating Rate is roughly 3.41 . 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 Floating's earnings, one of the primary drivers of an investment's value.Transamerica Floating Systematic Risk
Transamerica Floating's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Transamerica Floating 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 Floating correlated with the market. If Beta is less than 0 Transamerica Floating generally moves in the opposite direction as compared to the market. If Transamerica Floating Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Transamerica Floating is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Transamerica Floating is generally in the same direction as the market. If Beta > 1 Transamerica Floating moves generally in the same direction as, but more than the movement of the benchmark.
Transamerica Floating November 29, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Transamerica Floating help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Transamerica Floating Rate. We use our internally-developed statistical techniques to arrive at the intrinsic value of Transamerica Floating Rate 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 Floating's daily price indicators and compare them against related drivers.
| Information Ratio | (0.61) | |||
| Maximum Drawdown | 0.9021 | |||
| Potential Upside | 0.1121 |
Other Information on Investing in Transamerica Mutual Fund
Transamerica Floating 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 Floating security.
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