Tanaka Growth Fund Market Value
| TGFRX Fund | USD 49.60 0.54 1.10% |
| Symbol | Tanaka |
Tanaka Growth '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 Tanaka Growth'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 Tanaka Growth.
| 01/01/2023 |
| 12/21/2024 |
If you would invest 0.00 in Tanaka Growth on January 1, 2023 and sell it all today you would earn a total of 0.00 from holding Tanaka Growth Fund or generate 0.0% return on investment in Tanaka Growth over 720 days. Tanaka Growth is related to or competes with Jacob Micro, Jacob Small, Touchstone Focused, Schwartz Value, and Oberweis Micro. The fund invests primarily in common stocks and other equity securities of small, medium and large capitalization compan... More
Tanaka Growth 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 Tanaka Growth'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 Tanaka Growth Fund upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.21 | |||
| Information Ratio | 0.0645 | |||
| Maximum Drawdown | 6.62 | |||
| Value At Risk | (1.71) | |||
| Potential Upside | 1.68 |
Tanaka Growth Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tanaka Growth's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tanaka Growth's standard deviation. In reality, there are many statistical measures that can use Tanaka Growth historical prices to predict the future Tanaka Growth's volatility.| Risk Adjusted Performance | 0.0756 | |||
| Jensen Alpha | 0.0774 | |||
| Total Risk Alpha | 0.0666 | |||
| Sortino Ratio | 0.0648 | |||
| Treynor Ratio | 0.0961 |
Tanaka Growth Backtested Returns
At this stage we consider Tanaka Mutual Fund to be not too volatile. Tanaka Growth owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0835, which indicates the fund had a 0.0835% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Tanaka Growth Fund, which you can use to evaluate the volatility of the fund. Please validate Tanaka Growth's Risk Adjusted Performance of 0.0756, coefficient of variation of 1099.17, and Semi Deviation of 1.12 to confirm if the risk estimate we provide is consistent with the expected return of 0.1%. The entity has a beta of 1.05, which indicates a somewhat significant risk relative to the market. Tanaka Growth returns are very sensitive to returns on the market. As the market goes up or down, Tanaka Growth is expected to follow.
Auto-correlation | 0.80 |
Very good predictability
Tanaka Growth Fund has very good predictability. Overlapping area represents the amount of predictability between Tanaka Growth time series from 1st of January 2023 to 27th of December 2023 and 27th of December 2023 to 21st of December 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 Tanaka Growth price movement. The serial correlation of 0.8 indicates that around 80.0% of current Tanaka Growth price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.8 | |
| Spearman Rank Test | 0.76 | |
| Residual Average | 0.0 | |
| Price Variance | 13.12 |
Tanaka Growth lagged returns against current returns
Autocorrelation, which is Tanaka Growth 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 Tanaka Growth's mutual fund expected returns. We can calculate the autocorrelation of Tanaka Growth returns to help us make a trade decision. For example, suppose you find that Tanaka Growth 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 |
Tanaka Growth 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 Tanaka Growth mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tanaka Growth mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tanaka Growth mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Tanaka Growth Lagged Returns
When evaluating Tanaka Growth's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tanaka Growth mutual fund have on its future price. Tanaka Growth 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, Tanaka Growth autocorrelation shows the relationship between Tanaka Growth mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Tanaka Growth Fund.
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 Tanaka Mutual Fund
Tanaka Growth financial ratios help investors to determine whether Tanaka 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 Tanaka with respect to the benefits of owning Tanaka Growth security.
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