Transamerica Smallmid Net Asset vs. Ten Year Return

TASMX Fund  USD 32.52  0.16  0.49%   
Based on the measurements of profitability obtained from Transamerica Smallmid's financial statements, Transamerica Smallmid Cap may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Transamerica Smallmid's ability to earn profits and add value for shareholders.
For Transamerica Smallmid profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Transamerica Smallmid to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Transamerica Smallmid Cap utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Transamerica Smallmid's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Transamerica Smallmid Cap over time as well as its relative position and ranking within its peers.
  
Check out World Market Map.
Please note, there is a significant difference between Transamerica Smallmid's value and its price as these two are different measures arrived at by different means. Investors typically determine if Transamerica Smallmid is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Transamerica Smallmid's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Transamerica Smallmid Cap Ten Year Return vs. Net Asset Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Transamerica Smallmid's current stock value. Our valuation model uses many indicators to compare Transamerica Smallmid value to that of its competitors to determine the firm's financial worth.
Transamerica Smallmid Cap is rated top fund in net asset among similar funds. It also is rated top fund in ten year return among similar funds . The ratio of Net Asset to Ten Year Return for Transamerica Smallmid Cap is about  99,160,910 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Transamerica Smallmid's earnings, one of the primary drivers of an investment's value.

Transamerica Ten Year Return vs. Net Asset

Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.

Transamerica Smallmid

Net Asset

 = 

Current Market Value

-

Current Liabilities

 = 
882.53 M
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
Ten Year Return shows the total annualized return generated from holding a fund for the last 10 years and represents fund's capital appreciation, including dividends losses and capital gains distributions. This return indicator is considered by many investors to be the ultimate measures of fund performance and can reflect the overall performance of the market or market segment it invests in.

Transamerica Smallmid

Ten Year Return

 = 

(Mean of Monthly Returns - 1)

X

100%

 = 
8.90 %
Although Ten Year Fund Return indicator can give a sense of overall fund long-term potential, it is recommended to compare funds performances against other similar funds or market benchmarks for the same 10-year interval.

Transamerica Ten Year Return Comparison

Transamerica Smallmid is currently under evaluation in ten year return among similar funds.

Transamerica Smallmid Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Transamerica Smallmid, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Transamerica Smallmid will eventually generate negative long term returns. The profitability progress is the general direction of Transamerica Smallmid's change in net profit over the period of time. It can combine multiple indicators of Transamerica Smallmid, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
The fund normally invests at least 80 percent of its net assets in small- and mid-cap equity securities . In the small-cap sleeve, the sub-adviser generally will invest in common stocks of companies with small capitalizations that are attractively valued and possess low price cash flow ratios or, in the case of certain financial stocks, low priceearnings ratios andor low pricebook ratios. The fund may invest up to 10 percent of its total assets in the securities of foreign issuers.

Transamerica Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Transamerica Smallmid. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Transamerica Smallmid position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Transamerica Smallmid's important profitability drivers and their relationship over time.

Use Transamerica Smallmid in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Transamerica Smallmid position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Transamerica Smallmid will appreciate offsetting losses from the drop in the long position's value.

Transamerica Smallmid Pair Trading

Transamerica Smallmid Cap Pair Trading Analysis

The ability to find closely correlated positions to Transamerica Smallmid could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Transamerica Smallmid when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Transamerica Smallmid - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Transamerica Smallmid Cap to buy it.
The correlation of Transamerica Smallmid is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Transamerica Smallmid moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Transamerica Smallmid Cap moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Transamerica Smallmid can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Transamerica Smallmid position

In addition to having Transamerica Smallmid in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Disruptive Technologies Thematic Idea Now

Disruptive Technologies
Disruptive Technologies Theme
New or established technology companies and funds across multiple sectors that are involved in development or marketing of products or services that experience disruptive trends and that are at the forefront of discussions on Wall Street. The Disruptive Technologies theme has 64 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Disruptive Technologies Theme or any other thematic opportunities.
View All  Next Launch

Other Information on Investing in Transamerica Mutual Fund

To fully project Transamerica Smallmid's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Transamerica Smallmid Cap at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Transamerica Smallmid's income statement, its balance sheet, and the statement of cash flows.
Potential Transamerica Smallmid investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Transamerica Smallmid investors may work on each financial statement separately, they are all related. The changes in Transamerica Smallmid's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Transamerica Smallmid's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Commodity Directory
Find actively traded commodities issued by global exchanges
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity