Tcw Global Real Fund Market Value
| TGRYX Fund | USD 12.87 0.09 0.70% |
| Symbol | Tcw |
Tcw Global '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 Global'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 Global.
| 10/04/2023 |
| 11/27/2024 |
If you would invest 0.00 in Tcw Global on October 4, 2023 and sell it all today you would earn a total of 0.00 from holding Tcw Global Real or generate 0.0% return on investment in Tcw Global over 420 days. Tcw Global is related to or competes with Thrivent Small, Tiaa-cref Real, Guggenheim Risk, Applied Finance, and Prudential Jennison. Under normal circumstances, the fund invests at least 80 percent of the value of its net assets, plus any borrowings for... More
Tcw Global 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 Global'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 Global Real upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 3.15 | |||
| Value At Risk | (1.35) | |||
| Potential Upside | 1.11 |
Tcw Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tcw Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tcw Global's standard deviation. In reality, there are many statistical measures that can use Tcw Global historical prices to predict the future Tcw Global's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.13) | |||
| Treynor Ratio | (0.08) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Tcw Global'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 Global Real Backtested Returns
Tcw Global Real owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0048, which indicates the fund had a -0.0048% return per unit of risk over the last 3 months. Tcw Global Real exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tcw Global's Risk Adjusted Performance of (0.01), coefficient of variation of (7,738), and Variance of 0.5145 to confirm the risk estimate we provide. The entity has a beta of 0.25, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Tcw Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding Tcw Global is expected to be smaller as well.
Auto-correlation | 0.84 |
Very good predictability
Tcw Global Real has very good predictability. Overlapping area represents the amount of predictability between Tcw Global time series from 4th of October 2023 to 1st of May 2024 and 1st of May 2024 to 27th 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 Tcw Global Real price movement. The serial correlation of 0.84 indicates that around 84.0% of current Tcw Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.84 | |
| Spearman Rank Test | 0.68 | |
| Residual Average | 0.0 | |
| Price Variance | 0.33 |
Tcw Global Real lagged returns against current returns
Autocorrelation, which is Tcw Global 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 Global's mutual fund expected returns. We can calculate the autocorrelation of Tcw Global returns to help us make a trade decision. For example, suppose you find that Tcw Global 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 Global 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 Global mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tcw Global 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 Global mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Tcw Global Lagged Returns
When evaluating Tcw Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tcw Global mutual fund have on its future price. Tcw Global 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 Global autocorrelation shows the relationship between Tcw Global mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Tcw Global Real.
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 Global 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 Global security.
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