Transamerica Intermediate Bond Fund Price on October 15, 2024
TMBFX Fund | USD 8.61 0.02 0.23% |
If you're considering investing in Transamerica Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Transamerica Intermediate stands at 8.61, as last reported on the 27th of November, with the highest price reaching 8.61 and the lowest price hitting 8.61 during the day. Transamerica Intermediate owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0465, which indicates the fund had a -0.0465% return per unit of risk over the last 3 months. Transamerica Intermediate Bond exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Transamerica Intermediate's Variance of 0.0905, risk adjusted performance of (0.05), and Coefficient Of Variation of (2,149) to confirm the risk estimate we provide.
Transamerica Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Transamerica |
Sharpe Ratio = -0.0465
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | TMBFX |
Estimated Market Risk
0.3 actual daily | 2 98% of assets are more volatile |
Expected Return
-0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Transamerica Intermediate is not performing at its full potential. However, 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 Intermediate by adding Transamerica Intermediate to a well-diversified portfolio.
Transamerica Intermediate Valuation on October 15, 2024
It is possible to determine the worth of Transamerica Intermediate on a given historical date. On October 15, 2024 Transamerica was worth 8.7 at the beginning of the trading date compared to the closed value of 8.7. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Transamerica Intermediate mutual fund. Still, in general, we apply an absolute valuation method to find Transamerica Intermediate'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 Intermediate where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Transamerica Intermediate's related companies.
Open | High | Low | Close | Volume | |
8.66 | 8.66 | 8.66 | 8.66 | 1.00 | |
10/15/2024 | 8.70 | 8.70 | 8.70 | 8.70 | 1.00 |
8.72 | 8.72 | 8.72 | 8.72 | 1.00 |
Backtest Transamerica Intermediate | | | Transamerica Intermediate History | | | Transamerica Intermediate Valuation | Previous | Next |
Transamerica Intermediate Trading Date Momentum on October 15, 2024
On October 16 2024 Transamerica Intermediate Bond was traded for 8.72 at the closing time. The highest daily price throughout the period was 8.72 and the lowest price was 8.72 . There was no trading activity during the period 1.0. Lack of trading volume on 10/16/2024 added to the next day price jump. The trading price change to closing price of the next trading day was 0.23% . The trading price change to current closing price is 1.26% . |
Transamerica Intermediate Fundamentals Correlations and Trends
By evaluating Transamerica Intermediate'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 Intermediate'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 Intermediate Mutual Fund history
Transamerica Intermediate 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 Intermediate 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 Intermediate stock prices may prove useful in developing a viable investing in Transamerica Intermediate
The fund normally invests primarily in investment grade debt securities, which may include investment grade corporate securities, U.S. government obligations, mortgage-backed securities guaranteed by U.S. government agencies and instrumentalities, and private residential mortgage-backed securities. Transamerica Intermediate is traded on NASDAQ Exchange in the United States.
Transamerica Intermediate Mutual Fund Technical Analysis
Transamerica Intermediate 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 Intermediate Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Transamerica Intermediate Bond 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 Intermediate November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Transamerica Intermediate 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 Intermediate shares will generate the highest return on investment. By undertsting and applying Transamerica Intermediate mutual fund market strength indicators, traders can identify Transamerica Intermediate Bond entry and exit signals to maximize returns
Transamerica Intermediate Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Transamerica Intermediate'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 | (0.05) | |||
Jensen Alpha | (0.03) | |||
Total Risk Alpha | (0.07) | |||
Treynor Ratio | (0.54) |
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 Transamerica Mutual Fund
Transamerica Intermediate 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 Intermediate security.
Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. |