Tfa Tactical Income Fund Market Value
| TFAZX Fund | USD 8.21 0.22 2.61% |
| Symbol | Tfa |
Tfa Tactical '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 Tfa Tactical'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 Tfa Tactical.
| 09/29/2024 |
| 12/28/2024 |
If you would invest 0.00 in Tfa Tactical on September 29, 2024 and sell it all today you would earn a total of 0.00 from holding Tfa Tactical Income or generate 0.0% return on investment in Tfa Tactical over 90 days. Tfa Tactical is related to or competes with Tfa Alphagen, Tactical Growth, Hennessy, Fidelity Capital, Fidelity Growth, Cboe Vest, and Tiaa Cref. The fund invests, under normal circumstances, at least 80 percent of its net assets in income-producing securities More
Tfa Tactical 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 Tfa Tactical'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 Tfa Tactical Income upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 1.31 | |||
| Value At Risk | (0.36) | |||
| Potential Upside | 0.3576 |
Tfa Tactical Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tfa Tactical's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tfa Tactical's standard deviation. In reality, there are many statistical measures that can use Tfa Tactical historical prices to predict the future Tfa Tactical's volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.07) | |||
| Treynor Ratio | (0.72) |
Tfa Tactical Income Backtested Returns
Tfa Tactical Income owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.13, which indicates the fund had a -0.13% return per unit of risk over the last 3 months. Tfa Tactical Income exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tfa Tactical's Coefficient Of Variation of (820.12), variance of 0.1565, and Risk Adjusted Performance of (0.11) to confirm the risk estimate we provide. The entity has a beta of 0.0808, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Tfa Tactical's returns are expected to increase less than the market. However, during the bear market, the loss of holding Tfa Tactical is expected to be smaller as well.
Auto-correlation | -0.02 |
Very weak reverse predictability
Tfa Tactical Income has very weak reverse predictability. Overlapping area represents the amount of predictability between Tfa Tactical time series from 29th of September 2024 to 13th of November 2024 and 13th of November 2024 to 28th 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 Tfa Tactical Income price movement. The serial correlation of -0.02 indicates that only 2.0% of current Tfa Tactical price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.02 | |
| Spearman Rank Test | 0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Tfa Tactical Income lagged returns against current returns
Autocorrelation, which is Tfa Tactical 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 Tfa Tactical's mutual fund expected returns. We can calculate the autocorrelation of Tfa Tactical returns to help us make a trade decision. For example, suppose you find that Tfa Tactical 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 |
Tfa Tactical 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 Tfa Tactical mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tfa Tactical mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tfa Tactical mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Tfa Tactical Lagged Returns
When evaluating Tfa Tactical's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tfa Tactical mutual fund have on its future price. Tfa Tactical 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, Tfa Tactical autocorrelation shows the relationship between Tfa Tactical mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Tfa Tactical Income.
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 Tfa Mutual Fund
Tfa Tactical financial ratios help investors to determine whether Tfa 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 Tfa with respect to the benefits of owning Tfa Tactical security.
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Fundamental Analysis View fundamental data based on most recent published financial statements |