Target 2005 Fund Price on November 12, 2024
| TFRRX Fund | USD 11.80 0.05 0.43% |
Below is the normalized historical share price chart for Target 2005 Fund extending back to February 29, 2016. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Target 2005 stands at 11.80, as last reported on the 27th of November, with the highest price reaching 11.80 and the lowest price hitting 11.80 during the day.
If you're considering investing in Target Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Target Mutual Fund to be very steady. Target 2005 Fund owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0907, which indicates the fund had a 0.0907% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Target 2005 Fund, which you can use to evaluate the volatility of the fund. Please validate Target 2005's Risk Adjusted Performance of 0.0467, coefficient of variation of 1152.86, and Semi Deviation of 0.1896 to confirm if the risk estimate we provide is consistent with the expected return of 0.0234%.
Target Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Target |
Sharpe Ratio = 0.0907
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | TFRRX |
Estimated Market Risk
| 0.26 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Target 2005 is performing at about 7% 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 Target 2005 by adding it to a well-diversified portfolio.
Target 2005 Valuation on November 12, 2024
It is possible to determine the worth of Target 2005 on a given historical date. On November 12, 2024 Target was worth 11.74 at the beginning of the trading date compared to the closed value of 11.74. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Target 2005 mutual fund. Still, in general, we apply an absolute valuation method to find Target 2005's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Target 2005 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Target 2005's related companies.
| Open | High | Low | Close | Volume | |
| 11.79 | 11.79 | 11.79 | 11.79 | 1.00 | |
11/12/2024 | 11.74 | 11.74 | 11.74 | 11.74 | 1.00 |
| 11.72 | 11.72 | 11.72 | 11.72 | 1.00 |
| Backtest Target 2005 | | | Target 2005 History | | | Target 2005 Valuation | Previous | Next |
Target 2005 Trading Date Momentum on November 12, 2024
| On November 13 2024 Target 2005 Fund was traded for 11.72 at the closing time. The highest daily price throughout the period was 11.72 and the lowest price was 11.72 . There was no trading activity during the period 1.0. Lack of trading volume on 11/13/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 0.17% . The trading price change to current closing price is 0.09% . |
Target 2005 Fund Fundamentals Correlations and Trends
By evaluating Target 2005's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Target 2005's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Target financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Target 2005 Mutual Fund history
Target 2005 investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Target is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Target 2005 Fund will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Target 2005 stock prices may prove useful in developing a viable investing in Target 2005
The fund pursues its objective by investing in a diversified portfolio of other T. Rowe Price stock and bond mutual funds that represent various asset classes and sectors. It is managed based on the specific retirement year included in its name and assumes a retirement age of 65. The target date refers to the approximate year an investor in the fund would plan to retire and likely stop making new investments in the fund.
Target 2005 Mutual Fund Technical Analysis
Target 2005 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.
Price Boundaries
Target 2005 Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Target 2005 Fund cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Target 2005 November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Target 2005 mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Target 2005 shares will generate the highest return on investment. By undertsting and applying Target 2005 mutual fund market strength indicators, traders can identify Target 2005 Fund entry and exit signals to maximize returns
Target 2005 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Target 2005's price direction in advance. Along with the technical and fundamental analysis of Target Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Target to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0467 | |||
| Jensen Alpha | 0.0089 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.36) | |||
| Treynor Ratio | 0.4222 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Target Mutual Fund
Target 2005 financial ratios help investors to determine whether Target 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 Target with respect to the benefits of owning Target 2005 security.
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets |