Transamerica High Yield Fund Manager Performance Evaluation
| THYTX Fund | USD 10.55 0.01 0.09% |
The entity has a beta of 0.0619, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Transamerica High's returns are expected to increase less than the market. However, during the bear market, the loss of holding Transamerica High is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days Transamerica High Yield has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong basic indicators, Transamerica High is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio | 0.7200 |
Transamerica |
Transamerica High Relative Risk vs. Return Landscape
If you would invest 1,070 in Transamerica High Yield on September 27, 2024 and sell it today you would lose (15.00) from holding Transamerica High Yield or give up 1.4% of portfolio value over 90 days. Transamerica High Yield is currently producing negative expected returns and takes up 0.3398% volatility of returns over 90 trading days. Put another way, 3% 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 High Current Valuation
Fairly Valued
Today
Please note that Transamerica High's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Transamerica High Yield has a current Real Value of $10.58 per share. The regular price of the fund is $10.55. We determine the value of Transamerica 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 Transamerica High is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Transamerica Mutual Fund. However, Transamerica 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 10.55 | Real 10.58 | Hype 10.55 | Naive 10.44 |
The intrinsic value of Transamerica 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 Transamerica 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 Transamerica High Yield 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 High more accurately as focusing exclusively on Transamerica High's fundamentals will not take into account other important factors: Transamerica High Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Transamerica High's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Transamerica High Yield, and traders can use it to determine the average amount a Transamerica 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 = -0.0643
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | THYTX |
Estimated Market Risk
| 0.34 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 High 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 High by adding Transamerica High to a well-diversified portfolio.
Transamerica High Fundamentals Growth
Transamerica Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Transamerica High, and Transamerica 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 Transamerica Mutual Fund performance.
| Total Asset | 194.77 M | ||||
About Transamerica High Performance
Evaluating Transamerica High's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Transamerica 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 Transamerica 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.
The fund invests at least 80 percent of its net assets in municipal fixed-income securities the interest from which is exempt from federal income tax and the federal alternative minimum tax applicable to individuals. It invests primarily in general obligation and revenue bonds issued by U.S. municipal issuers, as well as issuers in U.S. territories and possessions. The fund is non-diversified.Things to note about Transamerica High Yield performance evaluation
Checking the ongoing alerts about Transamerica High for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Transamerica High Yield help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Transamerica High generated a negative expected return over the last 90 days | |
| The fund generated three year return of -2.0% | |
| Transamerica High Yield maintains about 12.88% of its assets in cash |
- Analyzing Transamerica 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 Transamerica High's stock is overvalued or undervalued compared to its peers.
- Examining Transamerica 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 Transamerica High's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Transamerica High's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Transamerica High's mutual fund. These opinions can provide insight into Transamerica High's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Transamerica Mutual Fund
Transamerica High 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 High security.
| 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 | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk |