Transam Short Term Bond Fund Market Value
| TAAQX Fund | 9.77 0.02 0.20% |
| Symbol | Transam |
Transam Short-term '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 Transam Short-term'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 Transam Short-term.
| 12/12/2024 |
| 01/11/2025 |
If you would invest 0.00 in Transam Short-term on December 12, 2024 and sell it all today you would earn a total of 0.00 from holding Transam Short Term Bond or generate 0.0% return on investment in Transam Short-term over 30 days. Transam Short-term is related to or competes with Versatile Bond, Ab Small, Tax-managed, Eic Value, Locorr Market, Issachar Fund, and T Rowe. The fund normally invests at least 80 percent of its net assets in fixed-income securities More
Transam Short-term 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 Transam Short-term'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 Transam Short Term Bond upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.1227 | |||
| Information Ratio | (0.23) | |||
| Maximum Drawdown | 0.6152 | |||
| Value At Risk | (0.10) | |||
| Potential Upside | 0.1028 |
Transam Short-term Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Transam Short-term's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Transam Short-term's standard deviation. In reality, there are many statistical measures that can use Transam Short-term historical prices to predict the future Transam Short-term's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.20) | |||
| Treynor Ratio | (0.78) |
Transam Short Term Backtested Returns
At this stage we consider Transam Mutual Fund to be very steady. Transam Short Term owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0156, which indicates the fund had a 0.0156% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Transam Short Term Bond, which you can use to evaluate the volatility of the fund. Please validate Transam Short-term's Semi Deviation of 0.0388, risk adjusted performance of (0.04), and Coefficient Of Variation of 3369.45 to confirm if the risk estimate we provide is consistent with the expected return of 0.0017%. The entity has a beta of 0.0088, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Transam Short-term's returns are expected to increase less than the market. However, during the bear market, the loss of holding Transam Short-term is expected to be smaller as well.
Auto-correlation | 0.55 |
Modest predictability
Transam Short Term Bond has modest predictability. Overlapping area represents the amount of predictability between Transam Short-term time series from 12th of December 2024 to 27th of December 2024 and 27th of December 2024 to 11th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Transam Short Term price movement. The serial correlation of 0.55 indicates that about 55.0% of current Transam Short-term price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.55 | |
| Spearman Rank Test | 0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Transam Short Term lagged returns against current returns
Autocorrelation, which is Transam Short-term 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 Transam Short-term's mutual fund expected returns. We can calculate the autocorrelation of Transam Short-term returns to help us make a trade decision. For example, suppose you find that Transam Short-term 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 |
Transam Short-term 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 Transam Short-term mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Transam Short-term mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Transam Short-term mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Transam Short-term Lagged Returns
When evaluating Transam Short-term's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Transam Short-term mutual fund have on its future price. Transam Short-term 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, Transam Short-term autocorrelation shows the relationship between Transam Short-term mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Transam Short Term Bond.
Regressed Prices |
| Timeline |
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Other Information on Investing in Transam Mutual Fund
Transam Short-term financial ratios help investors to determine whether Transam 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 Transam with respect to the benefits of owning Transam Short-term security.
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