Tcw Relative Value Fund Market Value
| TGDIX Fund | USD 16.54 0.24 1.47% |
| Symbol | Tcw |
Tcw Relative '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 Tcw Relative'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 Tcw Relative.
| 02/12/2024 |
| 02/06/2025 |
If you would invest 0.00 in Tcw Relative on February 12, 2024 and sell it all today you would earn a total of 0.00 from holding Tcw Relative Value or generate 0.0% return on investment in Tcw Relative over 360 days. Tcw Relative is related to or competes with Specialized Technology, Towpath Technology, Global Technology, Columbia Global, Mfs Technology, Hennessy Technology, and Goldman Sachs. Under normal circumstances, the fund invests at least 80 percent of the value of its net assets, plus any borrowings for... More
Tcw Relative 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 Tcw Relative'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 Tcw Relative Value upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.1) | |||
| Maximum Drawdown | 7.74 | |||
| Value At Risk | (1.85) | |||
| Potential Upside | 1.3 |
Tcw Relative Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tcw Relative's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tcw Relative's standard deviation. In reality, there are many statistical measures that can use Tcw Relative historical prices to predict the future Tcw Relative's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.10) | |||
| Total Risk Alpha | (0.13) | |||
| Treynor Ratio | (0.12) |
Tcw Relative Value Backtested Returns
Tcw Relative Value owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0654, which indicates the fund had a -0.0654 % return per unit of risk over the last 3 months. Tcw Relative Value exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tcw Relative's Coefficient Of Variation of (1,529), variance of 1.32, and Risk Adjusted Performance of (0.04) to confirm the risk estimate we provide. The entity has a beta of 0.71, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Tcw Relative's returns are expected to increase less than the market. However, during the bear market, the loss of holding Tcw Relative is expected to be smaller as well.
Auto-correlation | 0.12 |
Insignificant predictability
Tcw Relative Value has insignificant predictability. Overlapping area represents the amount of predictability between Tcw Relative time series from 12th of February 2024 to 10th of August 2024 and 10th of August 2024 to 6th of February 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 Tcw Relative Value price movement. The serial correlation of 0.12 indicates that less than 12.0% of current Tcw Relative price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.12 | |
| Spearman Rank Test | 0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 0.29 |
Tcw Relative Value lagged returns against current returns
Autocorrelation, which is Tcw Relative 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 Tcw Relative's mutual fund expected returns. We can calculate the autocorrelation of Tcw Relative returns to help us make a trade decision. For example, suppose you find that Tcw Relative 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 |
Tcw Relative 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 Tcw Relative mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tcw Relative mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tcw Relative mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Tcw Relative Lagged Returns
When evaluating Tcw Relative's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tcw Relative mutual fund have on its future price. Tcw Relative 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, Tcw Relative autocorrelation shows the relationship between Tcw Relative mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Tcw Relative Value.
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 Tcw Mutual Fund
Tcw Relative 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 Relative security.
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