Transamerica High Yield Fund Price on November 1, 2024
| THYTX Fund | USD 10.77 0.03 0.28% |
Below is the normalized historical share price chart for Transamerica High Yield extending back to September 30, 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 Transamerica High stands at 10.77, as last reported on the 2nd of December, with the highest price reaching 10.77 and the lowest price hitting 10.77 during the day.
If you're considering investing in Transamerica Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Transamerica Mutual Fund to be very steady. Transamerica High Yield owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.1, which indicates the fund had a 0.1% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Transamerica High Yield, which you can use to evaluate the volatility of the fund. Please validate Transamerica High's Risk Adjusted Performance of 0.0802, semi deviation of 0.2757, and Coefficient Of Variation of 798.49 to confirm if the risk estimate we provide is consistent with the expected return of 0.0312%.
Transamerica Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Transamerica |
Sharpe Ratio = 0.1033
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Estimated Market Risk
| 0.3 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 8 92% of assets perform better |
Based on monthly moving average Transamerica High is performing at about 8% 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 Transamerica High by adding it to a well-diversified portfolio.
Transamerica High Valuation on November 1, 2024
It is possible to determine the worth of Transamerica High on a given historical date. On November 1, 2024 Transamerica was worth 10.6 at the beginning of the trading date compared to the closed value of 10.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Transamerica High mutual fund. Still, in general, we apply an absolute valuation method to find Transamerica 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 Transamerica High where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Transamerica High's related companies.
| Open | High | Low | Close | Volume | |
| 10.60 | 10.60 | 10.60 | 10.60 | 1.00 | |
11/01/2024 | 10.60 | 10.60 | 10.60 | 10.60 | 1.00 |
| 10.63 | 10.63 | 10.63 | 10.63 | 1.00 |
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Transamerica High Trading Date Momentum on November 1, 2024
| On November 04 2024 Transamerica High Yield was traded for 10.63 at the closing time. The highest daily price throughout the period was 10.63 and the lowest price was 10.63 . There was no trading activity during the period 1.0. Lack of trading volume on 11/04/2024 added to the next day price jump. The trading price change to closing price of the next trading day was 0.28% . The trading price change to current closing price is 0.09% . |
Transamerica High Yield Fundamentals Correlations and Trends
By evaluating Transamerica 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 Transamerica High's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Transamerica financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Transamerica High Mutual Fund history
Transamerica 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 Transamerica is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Transamerica 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 Transamerica High stock prices may prove useful in developing a viable investing in Transamerica High
The fund invests at least 80 percent of its net assets in municipal fixed-income securities the interest from which is exempt from federal income tax and the federal alternative minimum tax applicable to individuals. It invests primarily in general obligation and revenue bonds issued by U.S. municipal issuers, as well as issuers in U.S. territories and possessions. The fund is non-diversified.
Transamerica High Mutual Fund Technical Analysis
Transamerica 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
Transamerica High Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Transamerica 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.
Transamerica High December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Transamerica 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 Transamerica High shares will generate the highest return on investment. By undertsting and applying Transamerica High mutual fund market strength indicators, traders can identify Transamerica High Yield entry and exit signals to maximize returns
Transamerica High Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Transamerica High's price direction in advance. Along with the technical and fundamental analysis of Transamerica Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Transamerica 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 | 0.0802 | |||
| Jensen Alpha | 0.0433 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.20) | |||
| Treynor Ratio | (0.22) |
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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.
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance |