Transamerica Cleartrack 2020 Fund Manager Performance Evaluation
| TCTJX Fund | USD 0.32 0.18 36.00% |
The entity has a beta of 0.56, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Transamerica Cleartrack's returns are expected to increase less than the market. However, during the bear market, the loss of holding Transamerica Cleartrack is expected to be smaller as well.
Risk-Adjusted Performance
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Weak | Strong |
Very Weak
Over the last 90 days Transamerica Cleartrack 2020 has generated negative risk-adjusted returns adding no value to fund investors. In spite of weak performance in the last few months, the Fund's forward-looking indicators remain fairly strong which may send shares a bit higher in February 2025. The current disturbance may also be a sign of long term up-swing for the fund investors.
...more| Expense Ratio | 0.9500 |
Transamerica |
Transamerica Cleartrack Relative Risk vs. Return Landscape
If you would invest 808.00 in Transamerica Cleartrack 2020 on October 5, 2024 and sell it today you would lose (776.00) from holding Transamerica Cleartrack 2020 or give up 96.04% of portfolio value over 90 days. Transamerica Cleartrack 2020 is currently producing negative expected returns and takes up 12.8546% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Transamerica, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Transamerica Cleartrack Current Valuation
Overvalued
Today
Please note that Transamerica Cleartrack's price fluctuation is out of control at this time. Transamerica Cleartrack seems to be overvalued based on Macroaxis valuation methodology. We determine the value of Transamerica Cleartrack from inspecting fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will draw towards each other.
Since Transamerica Cleartrack is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Transamerica Mutual Fund. However, Transamerica Cleartrack'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 0.32 | Real 0.31 | Hype 0.32 |
The intrinsic value of Transamerica Cleartrack'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 Transamerica Cleartrack'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 Transamerica Cleartrack 2020 helps investors to forecast how Transamerica 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 Transamerica Cleartrack more accurately as focusing exclusively on Transamerica Cleartrack's fundamentals will not take into account other important factors: Transamerica Cleartrack Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Transamerica Cleartrack's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Transamerica Cleartrack 2020, and traders can use it to determine the average amount a Transamerica Cleartrack'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 = -0.1602
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | TCTJX |
Estimated Market Risk
| 12.85 actual daily | 96 96% of assets are less volatile |
Expected Return
| -2.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.16 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Transamerica Cleartrack 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 Transamerica Cleartrack by adding Transamerica Cleartrack to a well-diversified portfolio.
Transamerica Cleartrack Fundamentals Growth
Transamerica Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Transamerica Cleartrack, and Transamerica Cleartrack 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 Transamerica Mutual Fund performance.
| Total Asset | 37.01 M | |||
About Transamerica Cleartrack Performance
Evaluating Transamerica Cleartrack's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Transamerica Cleartrack 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 Transamerica Cleartrack 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 exchange-traded funds 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.Things to note about Transamerica Cleartrack performance evaluation
Checking the ongoing alerts about Transamerica Cleartrack for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Transamerica Cleartrack help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Transamerica Cleartrack generated a negative expected return over the last 90 days | |
| Transamerica Cleartrack has high historical volatility and very poor performance | |
| Transamerica Cleartrack has some characteristics of a very speculative penny stock | |
| The fund maintains about 6.38% of its assets in cash |
- Analyzing Transamerica Cleartrack'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 Transamerica Cleartrack's stock is overvalued or undervalued compared to its peers.
- Examining Transamerica Cleartrack'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 Transamerica Cleartrack's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Transamerica Cleartrack's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Transamerica Cleartrack's mutual fund. These opinions can provide insight into Transamerica Cleartrack's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Transamerica Mutual Fund
Transamerica Cleartrack financial ratios help investors to determine whether Transamerica 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 Transamerica with respect to the benefits of owning Transamerica Cleartrack security.
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