Tcw Relative Value Fund Market Value
| TGVNX Fund | USD 31.78 0.38 1.21% |
| 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.
| 05/04/2023 |
| 11/24/2024 |
If you would invest 0.00 in Tcw Relative on May 4, 2023 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 570 days. Tcw Relative is related to or competes with Quantitative, Locorr Longshort, Maryland Short-term, Rbc Short, Calvert Short, and Siit Ultra. 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.
| Downside Deviation | 0.7792 | |||
| Information Ratio | 0.0329 | |||
| Maximum Drawdown | 4.9 | |||
| Value At Risk | (1.15) | |||
| Potential Upside | 1.62 |
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 | 0.1321 | |||
| Jensen Alpha | 0.0172 | |||
| Total Risk Alpha | 0.0016 | |||
| Sortino Ratio | 0.0404 | |||
| Treynor Ratio | 0.1362 |
Tcw Relative Value Backtested Returns
At this stage we consider Tcw Mutual Fund to be very steady. Tcw Relative Value owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.15, which indicates the fund had a 0.15% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Tcw Relative Value, which you can use to evaluate the volatility of the fund. Please validate Tcw Relative's Semi Deviation of 0.5952, risk adjusted performance of 0.1321, and Coefficient Of Variation of 589.39 to confirm if the risk estimate we provide is consistent with the expected return of 0.14%. The entity has a beta of 1.12, which indicates a somewhat significant risk relative to the market. Tcw Relative returns are very sensitive to returns on the market. As the market goes up or down, Tcw Relative is expected to follow.
Auto-correlation | 0.68 |
Good predictability
Tcw Relative Value has good predictability. Overlapping area represents the amount of predictability between Tcw Relative time series from 4th of May 2023 to 13th of February 2024 and 13th of February 2024 to 24th 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 Relative Value price movement. The serial correlation of 0.68 indicates that around 68.0% of current Tcw Relative price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.68 | |
| Spearman Rank Test | 0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 1.61 |
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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