Cleartrack Ret Income Fund Market Value

TCITX Fund  USD 8.27  0.00  0.00%   
Cleartrack Ret's market value is the price at which a share of Cleartrack Ret trades on a public exchange. It measures the collective expectations of Cleartrack Ret Income investors about its performance. Cleartrack Ret is trading at 8.27 as of the 5th of March 2025; that is No Change since the beginning of the trading day. The fund's open price was 8.27.
With this module, you can estimate the performance of a buy and hold strategy of Cleartrack Ret Income and determine expected loss or profit from investing in Cleartrack Ret over a given investment horizon. Check out Cleartrack Ret Correlation, Cleartrack Ret Volatility and Cleartrack Ret Alpha and Beta module to complement your research on Cleartrack Ret.
Symbol

Please note, there is a significant difference between Cleartrack Ret's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cleartrack Ret is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cleartrack Ret'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.

Cleartrack Ret '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 Cleartrack Ret'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 Cleartrack Ret.
0.00
01/04/2025
No Change 0.00  0.0 
In 2 months and 2 days
03/05/2025
0.00
If you would invest  0.00  in Cleartrack Ret on January 4, 2025 and sell it all today you would earn a total of 0.00 from holding Cleartrack Ret Income or generate 0.0% return on investment in Cleartrack Ret over 60 days. Cleartrack Ret is related to or competes with Maryland Short-term, Massmutual Premier, Siit Emerging, Rbc Emerging, Ashmore Emerging, and Investec Emerging. The fund is a fund of funds it invests in a combination of actively managed Transamerica funds and index-based exchange-... More

Cleartrack Ret 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 Cleartrack Ret'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 Cleartrack Ret Income upside and downside potential and time the market with a certain degree of confidence.

Cleartrack Ret Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Cleartrack Ret's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cleartrack Ret's standard deviation. In reality, there are many statistical measures that can use Cleartrack Ret historical prices to predict the future Cleartrack Ret's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Cleartrack Ret's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
8.038.278.51
Details
Intrinsic
Valuation
LowRealHigh
7.978.218.45
Details
Naive
Forecast
LowNextHigh
8.078.318.54
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
8.198.318.44
Details

Cleartrack Ret Income Backtested Returns

Cleartrack Ret Income secures Sharpe Ratio (or Efficiency) of -0.18, which signifies that the fund had a -0.18 % return per unit of standard deviation over the last 3 months. Cleartrack Ret Income exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Cleartrack Ret's risk adjusted performance of (0.07), and Mean Deviation of 0.1211 to double-check the risk estimate we provide. The fund shows a Beta (market volatility) of -0.0626, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Cleartrack Ret are expected to decrease at a much lower rate. During the bear market, Cleartrack Ret is likely to outperform the market.

Auto-correlation

    
  0.12  

Insignificant predictability

Cleartrack Ret Income has insignificant predictability. Overlapping area represents the amount of predictability between Cleartrack Ret time series from 4th of January 2025 to 3rd of February 2025 and 3rd of February 2025 to 5th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Cleartrack Ret Income price movement. The serial correlation of 0.12 indicates that less than 12.0% of current Cleartrack Ret price fluctuation can be explain by its past prices.
Correlation Coefficient0.12
Spearman Rank Test-0.06
Residual Average0.0
Price Variance0.0

Cleartrack Ret Income lagged returns against current returns

Autocorrelation, which is Cleartrack Ret 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 Cleartrack Ret's mutual fund expected returns. We can calculate the autocorrelation of Cleartrack Ret returns to help us make a trade decision. For example, suppose you find that Cleartrack Ret 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  

Cleartrack Ret 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 Cleartrack Ret mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cleartrack Ret mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cleartrack Ret mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Cleartrack Ret Lagged Returns

When evaluating Cleartrack Ret's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cleartrack Ret mutual fund have on its future price. Cleartrack Ret 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, Cleartrack Ret autocorrelation shows the relationship between Cleartrack Ret mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Cleartrack Ret Income.
   Regressed Prices   
       Timeline  

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Other Information on Investing in Cleartrack Mutual Fund

Cleartrack Ret 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 Ret security.
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