Target Retirement Income Fund Market Value
| URINX Fund | USD 11.07 0.05 0.45% |
| Symbol | Target |
Target Retirement '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 Target Retirement'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 Target Retirement.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Target Retirement on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Target Retirement Income or generate 0.0% return on investment in Target Retirement over 30 days. Target Retirement is related to or competes with Income Fund, Usaa Nasdaq, Victory Diversified, Intermediate-term, Usaa Intermediate, Usaa Tax, and Victory Tax-exempt. The funds current target asset allocation consists of approximately 35 percent of its net assets allocated to underlying affiliated funds that invest primarily in equity securities approximately 65 percent of its net assets allocated to underlying affiliated funds that invest primarily in fixed-income securities. More
Target Retirement 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 Target Retirement'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 Target Retirement Income upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.2938 | |||
| Information Ratio | (0.41) | |||
| Maximum Drawdown | 1.28 | |||
| Value At Risk | (0.46) | |||
| Potential Upside | 0.4575 |
Target Retirement Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Target Retirement's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Target Retirement's standard deviation. In reality, there are many statistical measures that can use Target Retirement historical prices to predict the future Target Retirement's volatility.| Risk Adjusted Performance | 0.0294 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.39) | |||
| Treynor Ratio | 0.0298 |
Target Retirement Income Backtested Returns
At this stage we consider Target Mutual Fund to be very steady. Target Retirement Income owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0653, which indicates the fund had a 0.0653% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Target Retirement Income, which you can use to evaluate the volatility of the fund. Please validate Target Retirement's Semi Deviation of 0.2102, risk adjusted performance of 0.0294, and Coefficient Of Variation of 1625.68 to confirm if the risk estimate we provide is consistent with the expected return of 0.0177%. The entity has a beta of 0.23, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Target Retirement's returns are expected to increase less than the market. However, during the bear market, the loss of holding Target Retirement is expected to be smaller as well.
Auto-correlation | 0.65 |
Good predictability
Target Retirement Income has good predictability. Overlapping area represents the amount of predictability between Target Retirement time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 Target Retirement Income price movement. The serial correlation of 0.65 indicates that roughly 65.0% of current Target Retirement price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.65 | |
| Spearman Rank Test | 0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Target Retirement Income lagged returns against current returns
Autocorrelation, which is Target Retirement 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 Target Retirement's mutual fund expected returns. We can calculate the autocorrelation of Target Retirement returns to help us make a trade decision. For example, suppose you find that Target Retirement 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 |
Target Retirement 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 Target Retirement mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Target Retirement mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Target Retirement mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Target Retirement Lagged Returns
When evaluating Target Retirement's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Target Retirement mutual fund have on its future price. Target Retirement 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, Target Retirement autocorrelation shows the relationship between Target Retirement mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Target Retirement Income.
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 Target Mutual Fund
Target Retirement financial ratios help investors to determine whether Target 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 Target with respect to the benefits of owning Target Retirement security.
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