Transamerica Floating Rate Fund Manager Performance Evaluation
| TFLCX Fund | USD 9.07 0.01 0.11% |
The entity has a beta of -0.0314, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Transamerica Floating are expected to decrease at a much lower rate. During the bear market, Transamerica Floating is likely to outperform the market.
Risk-Adjusted Performance
18 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Transamerica Floating Rate are ranked lower than 18 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong fundamental indicators, Transamerica Floating is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio Date | 1st of March 2023 | |
| Expense Ratio | 1.7300 |
Transamerica |
Transamerica Floating Relative Risk vs. Return Landscape
If you would invest 891.00 in Transamerica Floating Rate on September 5, 2024 and sell it today you would earn a total of 16.00 from holding Transamerica Floating Rate or generate 1.8% return on investment over 90 days. Transamerica Floating Rate is currently producing 0.0283% returns and takes up 0.1187% volatility of returns over 90 trading days. Put another way, 1% of traded mutual funds are less volatile than Transamerica, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Transamerica Floating Current Valuation
Overvalued
Today
Please note that Transamerica Floating's price fluctuation is very steady at this time. At this time, the fund appears to be overvalued. Transamerica Floating has a current Real Value of $8.83 per share. The regular price of the fund is $9.07. We determine the value of Transamerica Floating 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 Floating is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Transamerica Mutual Fund. However, Transamerica Floating'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 9.07 | Real 8.83 | Hype 9.07 | Naive 9.05 |
The intrinsic value of Transamerica Floating'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 Floating'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 Floating Rate 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 Floating more accurately as focusing exclusively on Transamerica Floating's fundamentals will not take into account other important factors: Transamerica Floating Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Transamerica Floating's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Transamerica Floating Rate, and traders can use it to determine the average amount a Transamerica Floating'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 = 0.2385
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | TFLCX |
Estimated Market Risk
| 0.12 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.24 actual daily | 18 82% of assets perform better |
Based on monthly moving average Transamerica Floating is performing at about 18% 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 Transamerica Floating by adding it to a well-diversified portfolio.
Transamerica Floating Fundamentals Growth
Transamerica Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Transamerica Floating, and Transamerica Floating 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.
| Price To Sales | 0.29 X | ||||
| Total Asset | 14.58 M | ||||
About Transamerica Floating Performance
Evaluating Transamerica Floating's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Transamerica Floating 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 Floating 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 funds sub-adviser seeks to achieve the funds objective by investing at least 80 percent of its net assets in floating rate loans or floating rate debt securities. It can invest in senior loans of any maturity and quality. The majority of the funds total assets generally will be invested in floating rate loans or floating rate debt securities rated below investment grade, and the fund may invest without limitation in such loans and securities.Things to note about Transamerica Floating performance evaluation
Checking the ongoing alerts about Transamerica Floating for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Transamerica Floating help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund maintains about 26.13% of its assets in bonds |
- Analyzing Transamerica Floating'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 Floating's stock is overvalued or undervalued compared to its peers.
- Examining Transamerica Floating'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 Floating's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Transamerica Floating's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Transamerica Floating's mutual fund. These opinions can provide insight into Transamerica Floating's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Transamerica Mutual Fund
Transamerica Floating 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 Floating security.
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