Tcw High Yield Fund Price on November 4, 2024
| TGHYX Fund | USD 30.73 0.00 0.00% |
Below is the normalized historical share price chart for Tcw High Yield extending back to June 02, 1998. 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 Tcw High stands at 30.73, as last reported on the 27th of November, with the highest price reaching 30.73 and the lowest price hitting 30.73 during the day.
If you're considering investing in TCW Mutual Fund, it is important to understand the factors that can impact its price. Tcw High is out of control given 3 months investment horizon. Tcw High Yield owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates the fund had a 0.13% return per unit of risk over the last 3 months. We have analyzed and interpolated twenty-four different technical indicators, which can help you to evaluate if expected returns of 6.36% are justified by taking the suggested risk. Use Tcw High Yield Risk Adjusted Performance of 0.1042, downside deviation of 0.1633, and Standard Deviation of 49.21 to evaluate company specific risk that cannot be diversified away.
TCW Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
TCW |
Sharpe Ratio = 0.1263
| Best Portfolio | Best Equity | TGHYX | ||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 50.37 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.13 actual daily | 9 91% of assets perform better |
Based on monthly moving average Tcw High is performing at about 9% 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 Tcw High by adding it to a well-diversified portfolio.
Tcw High Valuation on November 4, 2024
It is possible to determine the worth of Tcw High on a given historical date. On November 4, 2024 TCW was worth 6.14 at the beginning of the trading date compared to the closed value of 6.14. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tcw High mutual fund. Still, in general, we apply an absolute valuation method to find Tcw High'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 Tcw High where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tcw High's related companies.
| Open | High | Low | Close | Volume | |
| 6.13 | 6.13 | 6.13 | 6.13 | 1.00 | |
11/04/2024 | 6.14 | 6.14 | 6.14 | 6.14 | 1.00 |
| 6.14 | 6.14 | 6.14 | 6.14 | 1.00 |
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Tcw High Trading Date Momentum on November 4, 2024
| On November 05 2024 Tcw High Yield was traded for 6.14 at the closing time. The highest daily price throughout the period was 6.14 and the lowest price was 6.14 . There was no trading activity during the period 1.0. Lack of trading volume on 11/05/2024 did not result in any price rise and fall. The trading price change to current closing price is 401.14% . |
Tcw High Yield Fundamentals Correlations and Trends
By evaluating Tcw High'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 Tcw High's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. TCW financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tcw High Mutual Fund history
Tcw High 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 TCW is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tcw High Yield 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 Tcw High stock prices may prove useful in developing a viable investing in Tcw High
Under normal circumstances, the fund invests at least 80 percent of the value of its net assets, plus any borrowings for investment purposes, in high yieldbelow investment grade bonds . It may invest up to 20 percent of its net assets in equity securities and bank loans of companies in the high yield universe. The fund may also invest in debt securities.
Tcw High Mutual Fund Technical Analysis
Tcw High 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
Tcw High Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Tcw High Yield 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.
Tcw High November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Tcw High 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 Tcw High shares will generate the highest return on investment. By undertsting and applying Tcw High mutual fund market strength indicators, traders can identify Tcw High Yield entry and exit signals to maximize returns
Tcw High Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tcw High's price direction in advance. Along with the technical and fundamental analysis of TCW Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of TCW 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 | 0.1042 | |||
| Jensen Alpha | 6.23 | |||
| Total Risk Alpha | (1.69) | |||
| Sortino Ratio | 36.4 | |||
| Treynor Ratio | (4.40) |
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Other Information on Investing in TCW Mutual Fund
Tcw High financial ratios help investors to determine whether TCW 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 TCW with respect to the benefits of owning Tcw High security.
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
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| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk |