Cleartrack 2040 Class Fund Manager Performance Evaluation
| TCRTX Fund | USD 7.71 0.04 0.52% |
The fund shows a Beta (market volatility) of 0.0781, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Cleartrack 2040's returns are expected to increase less than the market. However, during the bear market, the loss of holding Cleartrack 2040 is expected to be smaller as well.
Risk-Adjusted Performance
10 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Cleartrack 2040 Class are ranked lower than 10 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, Cleartrack 2040 is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio | 1.2000 |
Cleartrack |
Cleartrack 2040 Relative Risk vs. Return Landscape
If you would invest 740.00 in Cleartrack 2040 Class on September 13, 2024 and sell it today you would earn a total of 31.00 from holding Cleartrack 2040 Class or generate 4.19% return on investment over 90 days. Cleartrack 2040 Class is currently producing 0.0663% returns and takes up 0.4887% volatility of returns over 90 trading days. Put another way, 4% of traded mutual funds are less volatile than Cleartrack, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Cleartrack 2040 Current Valuation
Fairly Valued
Today
Please note that Cleartrack 2040's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. Cleartrack 2040 Class shows a prevailing Real Value of $7.67 per share. The current price of the fund is $7.71. We determine the value of Cleartrack 2040 Class from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we favor acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will blend.
Since Cleartrack 2040 is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Cleartrack Mutual Fund. However, Cleartrack 2040's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 7.71 | Real 7.67 | Hype 7.71 | Naive 7.71 |
The intrinsic value of Cleartrack 2040's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Cleartrack 2040's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Cleartrack 2040 Class helps investors to forecast how Cleartrack mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Cleartrack 2040 more accurately as focusing exclusively on Cleartrack 2040's fundamentals will not take into account other important factors: Cleartrack 2040 Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cleartrack 2040's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Cleartrack 2040 Class, and traders can use it to determine the average amount a Cleartrack 2040's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1358
| Best Portfolio | Best Equity | |||
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| Cash | TCRTX | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.49 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Cleartrack 2040 is performing at about 10% of its full potential. 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 Cleartrack 2040 by adding it to a well-diversified portfolio.
Cleartrack 2040 Fundamentals Growth
Cleartrack Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Cleartrack 2040, and Cleartrack 2040 fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Cleartrack Mutual Fund performance.
| Total Asset | 47.27 M | ||||
About Cleartrack 2040 Performance
Evaluating Cleartrack 2040's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Cleartrack 2040 has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Cleartrack 2040 has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The fund is a fund of funds it invests in a combination of actively managed Transamerica funds and index-based ETFs managed by unaffiliated investment advisers. The fund seeks to achieve its objectives by investing normally in a combination of underlying funds and ETFs representing a variety of broad asset classes including fixed income, domestic equity, foreign equity, and real estate and investment styles and focuses. The fund is designed for investors expecting to retire around 2040.Things to note about Cleartrack 2040 Class performance evaluation
Checking the ongoing alerts about Cleartrack 2040 for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Cleartrack 2040 Class help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Cleartrack 2040's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Cleartrack 2040's mutual fund performance include:- Analyzing Cleartrack 2040's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Cleartrack 2040's stock is overvalued or undervalued compared to its peers.
- Examining Cleartrack 2040's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Cleartrack 2040's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Cleartrack 2040's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Cleartrack 2040's mutual fund. These opinions can provide insight into Cleartrack 2040's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Cleartrack Mutual Fund
Cleartrack 2040 financial ratios help investors to determine whether Cleartrack 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 Cleartrack with respect to the benefits of owning Cleartrack 2040 security.
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