Transamerica Asset Allocation Fund Price on September 29, 2023
| ICLAX Fund | USD 10.68 0.04 0.37% |
Below is the normalized historical share price chart for Transamerica Asset Allocation extending back to March 06, 2002. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Transamerica Asset stands at 10.68, as last reported on the 28th of December, with the highest price reaching 10.68 and the lowest price hitting 10.68 during the day.
If you're considering investing in Transamerica Mutual Fund, it is important to understand the factors that can impact its price. Transamerica Asset owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0638, which indicates the fund had a -0.0638% return per unit of risk over the last 3 months. Transamerica Asset Allocation exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Transamerica Asset's Coefficient Of Variation of (1,984), risk adjusted performance of (0.05), and Variance of 0.1425 to confirm the risk estimate we provide.
Transamerica Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Transamerica |
Sharpe Ratio = -0.0638
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | ICLAX |
Estimated Market Risk
| 0.38 actual daily | 3 97% of assets are more volatile |
Expected Return
| -0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Transamerica Asset 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 Asset by adding Transamerica Asset to a well-diversified portfolio.
Transamerica Asset Valuation on September 29, 2023
It is possible to determine the worth of Transamerica Asset on a given historical date. On September 29, 2023 Transamerica was worth 9.16 at the beginning of the trading date compared to the closed value of 9.16. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Transamerica Asset mutual fund. Still, in general, we apply an absolute valuation method to find Transamerica Asset's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Transamerica Asset where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Transamerica Asset's related companies.
| Open | High | Low | Close | Volume | |
| 9.16 | 9.16 | 9.16 | 9.16 | 1.00 | |
09/29/2023 | 9.16 | 9.16 | 9.16 | 9.16 | 1.00 |
| 9.10 | 9.10 | 9.10 | 9.10 | 1.00 |
| Backtest Transamerica Asset | | | Transamerica Asset History | | | Transamerica Asset Valuation | Previous | Next |
Transamerica Asset Trading Date Momentum on September 29, 2023
| On October 02 2023 Transamerica Asset Allocation was traded for 9.10 at the closing time. The highest daily price throughout the period was 9.10 and the lowest price was 9.10 . There was no trading activity during the period 1.0. Lack of trading volume on 10/02/2023 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.66% . The trading price change to current closing price is 0.22% . |
Transamerica Asset Fundamentals Correlations and Trends
By evaluating Transamerica Asset's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Transamerica Asset's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Transamerica financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Transamerica Asset Mutual Fund history
Transamerica Asset investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Transamerica is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Transamerica Asset will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Transamerica Asset stock prices may prove useful in developing a viable investing in Transamerica Asset
The fund normally invests its assets in a broad mix of underlying Transamerica funds. Under normal circumstances, investments in underlying funds are expected to achieve a mix over time of approximately 35 percent of net assets in equities, which may include both stocks and commodity-related securities, and approximately 65 percent of net assets in fixed-income securities, which may include bonds, cash, cash equivalents, and other money market instruments. These percentages may vary.
Transamerica Asset Mutual Fund Technical Analysis
Transamerica Asset technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Transamerica Asset Period Price Range
Low | December 28, 2024
| High |
0.00 | 0.00 |
Transamerica Asset Allocation cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Transamerica Asset December 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Transamerica Asset mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Transamerica Asset shares will generate the highest return on investment. By undertsting and applying Transamerica Asset mutual fund market strength indicators, traders can identify Transamerica Asset Allocation entry and exit signals to maximize returns
Transamerica Asset Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Transamerica Asset's price direction in advance. Along with the technical and fundamental analysis of Transamerica Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Transamerica to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.04) | |||
| Treynor Ratio | (0.34) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Transamerica Mutual Fund
Transamerica Asset 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 Asset security.
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance |