Transam Short Term Bond Fund Price on October 22, 2024
TAAQX Fund | 9.78 0.02 0.20% |
If you're considering investing in Transam Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Transam Short stands at 9.78, as last reported on the 20th of December, with the highest price reaching 9.78 and the lowest price hitting 9.78 during the day. Transam Short Term owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0761, which indicates the fund had a -0.0761% return per unit of risk over the last 3 months. Transam Short Term Bond exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Transam Short's Risk Adjusted Performance of (0.11), coefficient of variation of (1,344), and Variance of 0.0153 to confirm the risk estimate we provide.
Transam Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Transam |
Sharpe Ratio = -0.0761
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Estimated Market Risk
0.13 actual daily | 1 99% of assets are more volatile |
Expected Return
-0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Transam Short is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Transam Short by adding Transam Short to a well-diversified portfolio.
Transam Short Valuation on October 22, 2024
It is possible to determine the worth of Transam Short on a given historical date. On October 22, 2024 Transam was worth 9.78 at the beginning of the trading date compared to the closed value of 9.78. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Transam Short mutual fund. Still, in general, we apply an absolute valuation method to find Transam Short's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Transam Short where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Transam Short's related companies.
Open | High | Low | Close | Volume | |
9.78 | 9.78 | 9.78 | 9.78 | 1.00 | |
10/22/2024 | 9.78 | 9.78 | 9.78 | 9.78 | 1.00 |
9.77 | 9.77 | 9.77 | 9.77 | 1.00 |
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Transam Short Trading Date Momentum on October 22, 2024
On October 23 2024 Transam Short Term Bond was traded for 9.77 at the closing time. The highest daily price throughout the period was 9.77 and the lowest price was 9.77 . There was no trading activity during the period 1.0. Lack of trading volume on 10/23/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 0.10% . The trading price change to current closing price is 0.10% . |
About Transam Short Mutual Fund history
Transam Short investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Transam is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Transam Short Term will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Transam Short stock prices may prove useful in developing a viable investing in Transam Short
The fund normally invests at least 80 percent of its net assets in fixed-income securities. The funds portfolio weighted average duration will typically range from 1 to 2.5 years. The manager expects to typically invest no more than 10 percent of its net assets, but may invest up to 20 percent of its net assets, in high-yield debt securities .
Transam Short Mutual Fund Technical Analysis
Transam Short technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Transam Short Period Price Range
Low | December 20, 2024
| High |
0.00 | 0.00 |
Transam Short Term Bond cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Transam Short December 20, 2024 Market Strength
Market strength indicators help investors to evaluate how Transam Short mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Transam Short shares will generate the highest return on investment. By undertsting and applying Transam Short mutual fund market strength indicators, traders can identify Transam Short Term Bond entry and exit signals to maximize returns
Transam Short Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Transam Short's price direction in advance. Along with the technical and fundamental analysis of Transam Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Transam to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | (0.11) | |||
Jensen Alpha | (0.02) | |||
Total Risk Alpha | (0.02) | |||
Treynor Ratio | (3.10) |
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Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Other Information on Investing in Transam Mutual Fund
Transam Short financial ratios help investors to determine whether Transam 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 Transam with respect to the benefits of owning Transam Short security.
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