Tcw High Yield Fund Manager Performance Evaluation
| TGHYX Fund | USD 30.73 0.00 0.00% |
The entity has a beta of -1.3, which indicates a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Tcw High are expected to decrease by larger amounts. On the other hand, during market turmoil, Tcw High is expected to outperform it.
Risk-Adjusted Performance
9 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Tcw High Yield are ranked lower than 9 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak basic indicators, Tcw High showed solid returns over the last few months and may actually be approaching a breakup point.
...more1 | TCW High Yield Bond Fund Q2 2024 Commentary - Seeking Alpha | 09/27/2024 |
| Expense Ratio Date | 1st of March 2023 | |
| Expense Ratio | 0.5500 |
Tcw |
Tcw High Relative Risk vs. Return Landscape
If you would invest 616.00 in Tcw High Yield on September 14, 2024 and sell it today you would earn a total of 2,457 from holding Tcw High Yield or generate 398.86% return on investment over 90 days. Tcw High Yield is currently producing 6.3436% returns and takes up 50.3752% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Tcw, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Tcw High Current Valuation
Overvalued
Today
Please note that Tcw High's price fluctuation is out of control at this time. At this time, the fund appears to be overvalued. Tcw High Yield has a current Real Value of $25.58 per share. The regular price of the fund is $30.73. We determine the value of Tcw High Yield 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 Tcw High is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Tcw Mutual Fund. However, Tcw High'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 30.73 | Real 25.58 | Hype 30.73 |
The intrinsic value of Tcw High'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 Tcw High'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 Tcw High Yield helps investors to forecast how Tcw 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 Tcw High more accurately as focusing exclusively on Tcw High's fundamentals will not take into account other important factors: Tcw High Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tcw High's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Tcw High Yield, and traders can use it to determine the average amount a Tcw High'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 = 0.1259
| Best Portfolio | Best Equity | TGHYX | ||
| Good Returns | ||||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 50.38 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.13 actual daily | 9 91% of assets perform better |
Based on monthly moving average Tcw High is performing at about 9% 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 Tcw High by adding it to a well-diversified portfolio.
Tcw High Fundamentals Growth
Tcw Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Tcw High, and Tcw High 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 Tcw Mutual Fund performance.
| Total Asset | 50.28 M | ||||
About Tcw High Performance
Evaluating Tcw High's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Tcw High 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 Tcw High 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.
Under normal circumstances, the fund invests at least 80 percent of the value of its net assets, plus any borrowings for investment purposes, in high yieldbelow investment grade bonds . It may invest up to 20 percent of its net assets in equity securities and bank loans of companies in the high yield universe. The fund may also invest in debt securities.Things to note about Tcw High Yield performance evaluation
Checking the ongoing alerts about Tcw High for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Tcw High Yield help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Tcw High Yield is way too risky over 90 days horizon | |
| Tcw High Yield appears to be risky and price may revert if volatility continues | |
| The fund maintains about 8.41% of its assets in bonds |
- Analyzing Tcw High'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 Tcw High's stock is overvalued or undervalued compared to its peers.
- Examining Tcw High'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 Tcw High's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Tcw High's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Tcw High's mutual fund. These opinions can provide insight into Tcw High's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Tcw Mutual Fund
Tcw High financial ratios help investors to determine whether Tcw 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 Tcw with respect to the benefits of owning Tcw High security.
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios |