Tcw Servative Allocation Fund Market Value
| TGPCX Fund | USD 11.59 0.05 0.43% |
| Symbol | Tcw |
Tcw Conservative '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 Conservative'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 Conservative.
| 12/03/2024 |
| 02/01/2025 |
If you would invest 0.00 in Tcw Conservative on December 3, 2024 and sell it all today you would earn a total of 0.00 from holding Tcw Servative Allocation or generate 0.0% return on investment in Tcw Conservative over 60 days. Tcw Conservative is related to or competes with Smallcap Fund, Lebenthal Lisanti, Ab Small, Glg Intl, Hunter Small, Sp Smallcap, and Artisan Small. Under normal circumstances, the fund invests in a combination of fixed income funds, and equity funds that utilize diver... More
Tcw Conservative 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 Conservative'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 Servative Allocation upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 3.83 | |||
| Value At Risk | (0.59) | |||
| Potential Upside | 0.6774 |
Tcw Conservative Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tcw Conservative's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tcw Conservative's standard deviation. In reality, there are many statistical measures that can use Tcw Conservative historical prices to predict the future Tcw Conservative's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | (0.85) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Tcw Conservative's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Tcw Servative Allocation Backtested Returns
Tcw Servative Allocation owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.035, which indicates the fund had a -0.035 % return per unit of risk over the last 3 months. Tcw Servative Allocation exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tcw Conservative's Risk Adjusted Performance of (0.05), coefficient of variation of (1,934), and Variance of 0.299 to confirm the risk estimate we provide. The entity has a beta of 0.0449, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Tcw Conservative's returns are expected to increase less than the market. However, during the bear market, the loss of holding Tcw Conservative is expected to be smaller as well.
Auto-correlation | -0.83 |
Excellent reverse predictability
Tcw Servative Allocation has excellent reverse predictability. Overlapping area represents the amount of predictability between Tcw Conservative time series from 3rd of December 2024 to 2nd of January 2025 and 2nd of January 2025 to 1st 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 Servative Allocation price movement. The serial correlation of -0.83 indicates that around 83.0% of current Tcw Conservative price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.83 | |
| Spearman Rank Test | -0.89 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Tcw Servative Allocation lagged returns against current returns
Autocorrelation, which is Tcw Conservative 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 Conservative's mutual fund expected returns. We can calculate the autocorrelation of Tcw Conservative returns to help us make a trade decision. For example, suppose you find that Tcw Conservative 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 Conservative 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 Conservative mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tcw Conservative 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 Conservative mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Tcw Conservative Lagged Returns
When evaluating Tcw Conservative's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tcw Conservative mutual fund have on its future price. Tcw Conservative 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 Conservative autocorrelation shows the relationship between Tcw Conservative mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Tcw Servative Allocation.
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 Conservative 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 Conservative security.
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