Transamerica Small Cap Fund Market Value
| RTSGX Fund | USD 7.60 0.03 0.39% |
| Symbol | Transamerica |
Transamerica Small 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Transamerica Small's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Transamerica Small.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in Transamerica Small on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding Transamerica Small Cap or generate 0.0% return on investment in Transamerica Small over 540 days. Transamerica Small is related to or competes with Columbia Real, Deutsche Real, Deutsche Real, Goldman Sachs, Msif Us, Virtus Real, and Fidelity Real. Under normal circumstances, the fund invests at least 80 percent of its net assets in stocks of small capitalization com... More
Transamerica Small Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Transamerica Small's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Transamerica Small Cap upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9949 | |||
| Information Ratio | 0.0329 | |||
| Maximum Drawdown | 6.83 | |||
| Value At Risk | (1.47) | |||
| Potential Upside | 1.82 |
Transamerica Small Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Transamerica Small's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Transamerica Small's standard deviation. In reality, there are many statistical measures that can use Transamerica Small historical prices to predict the future Transamerica Small's volatility.| Risk Adjusted Performance | 0.1098 | |||
| Jensen Alpha | (0.0007) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0392 | |||
| Treynor Ratio | 0.1149 |
Transamerica Small Cap Backtested Returns
Transamerica Small appears to be unstable, given 3 months investment horizon. Transamerica Small Cap owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.19, which indicates the fund had a 0.19% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Transamerica Small Cap, which you can use to evaluate the volatility of the fund. Please review Transamerica Small's Semi Deviation of 0.7771, risk adjusted performance of 0.1098, and Coefficient Of Variation of 721.09 to confirm if our risk estimates are consistent with your expectations. The entity has a beta of 1.34, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Transamerica Small will likely underperform.
Auto-correlation | 0.12 |
Insignificant predictability
Transamerica Small Cap has insignificant predictability. Overlapping area represents the amount of predictability between Transamerica Small time series from 8th of June 2023 to 4th of March 2024 and 4th of March 2024 to 29th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Transamerica Small Cap price movement. The serial correlation of 0.12 indicates that less than 12.0% of current Transamerica Small price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.12 | |
| Spearman Rank Test | 0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Transamerica Small Cap lagged returns against current returns
Autocorrelation, which is Transamerica Small mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Transamerica Small's mutual fund expected returns. We can calculate the autocorrelation of Transamerica Small returns to help us make a trade decision. For example, suppose you find that Transamerica Small has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Transamerica Small regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Transamerica Small mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Transamerica Small mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Transamerica Small mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Transamerica Small Lagged Returns
When evaluating Transamerica Small's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Transamerica Small mutual fund have on its future price. Transamerica Small autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Transamerica Small autocorrelation shows the relationship between Transamerica Small mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Transamerica Small Cap.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Transamerica Mutual Fund
Transamerica Small 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 Small security.
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