TRANSAMERICA Mutual Fund Quote

ITAAX
 Fund
  

USD 9.74  0.03  0.31%   

Market Performance
0 of 100
Odds Of Distress
Less than 1
TRANSAMERICA SHORT-TERM is trading at 9.74 as of the 1st of December 2022; that is 0.31% increase since the beginning of the trading day. The fund's open price was 9.71. TRANSAMERICA SHORT-TERM has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for TRANSAMERICA SHORT-TERM BOND are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 11th of December 2020 and ending today, the 1st of December 2022. Click here to learn more.
The fund normally invests at least 80 percent of its net assets in fixed-income securities. Transamerica Short-Term is traded on NASDAQ Exchange in the United States. More on TRANSAMERICA SHORT-TERM BOND

TRANSAMERICA SHORT-TERM Mutual Fund Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. TRANSAMERICA SHORT-TERM's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding TRANSAMERICA SHORT-TERM or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
TRANSAMERICA SHORT-TERM generated a negative expected return over the last 90 days
TRANSAMERICA SHORT-TERM is unlikely to experience financial distress in the next 2 years
On 1st of November 2022 TRANSAMERICA SHORT-TERM paid $ 0.0187 per share dividend to its current shareholders
The fund retains about 16.66% of its assets under management (AUM) in fixed income securities
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of TRANSAMERICA SHORT-TERM's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Not RatedUndervalued
Startdate1st of March 2016
TRANSAMERICA SHORT-TERM BOND [ITAAX] is traded in USA and was established 1st of December 2022. The fund is listed under Short-Term Bond category and is part of Transamerica family. TRANSAMERICA SHORT-TERM currently has accumulated 3.43 B in assets under management (AUM) with no minimum investment requirements, while the total return for the last 3 years was 1.89%.
Check TRANSAMERICA SHORT-TERM Probability Of Bankruptcy

Instrument Allocation

TRANSAMERICA SHORT-TERM Target Price Odds Analysis

Based on a normal probability distribution, the odds of TRANSAMERICA SHORT-TERM jumping above the current price in 90 days from now is about 14.63%. The TRANSAMERICA SHORT-TERM BOND probability density function shows the probability of TRANSAMERICA SHORT-TERM mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon TRANSAMERICA SHORT-TERM BOND has a beta of -0.0038. This usually indicates as returns on benchmark increase, returns on holding TRANSAMERICA SHORT-TERM are expected to decrease at a much lower rate. During the bear market, however, TRANSAMERICA SHORT-TERM BOND is likely to outperform the market. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. TRANSAMERICA SHORT-TERM is significantly underperforming NYSE Composite.
  Odds Below 9.74HorizonTargetOdds Above 9.74
84.37%90 days
 9.74 
14.63%
Based on a normal probability distribution, the odds of TRANSAMERICA SHORT-TERM to move above the current price in 90 days from now is about 14.63 (This TRANSAMERICA SHORT-TERM BOND probability density function shows the probability of TRANSAMERICA Mutual Fund to fall within a particular range of prices over 90 days) .

TRANSAMERICA SHORT-TERM Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. TRANSAMERICA SHORT-TERM market risk premium is the additional return an investor will receive from holding TRANSAMERICA SHORT-TERM long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in TRANSAMERICA SHORT-TERM. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although TRANSAMERICA SHORT-TERM's alpha and beta are two of the key measurements used to evaluate TRANSAMERICA SHORT-TERM's performance over the market, the standard measures of volatility play an important role as well.

TRANSAMERICA SHORT-TERM Against Markets

Picking the right benchmark for TRANSAMERICA SHORT-TERM mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in TRANSAMERICA SHORT-TERM mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for TRANSAMERICA SHORT-TERM is critical whether you are bullish or bearish towards TRANSAMERICA SHORT-TERM BOND at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in TRANSAMERICA SHORT-TERM without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Invested in TRANSAMERICA SHORT-TERM BOND?

The danger of trading TRANSAMERICA SHORT-TERM BOND is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of TRANSAMERICA SHORT-TERM is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than TRANSAMERICA SHORT-TERM. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile TRANSAMERICA SHORT-TERM is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Please see Risk vs Return Analysis. Note that the TRANSAMERICA SHORT-TERM information on this page should be used as a complementary analysis to other TRANSAMERICA SHORT-TERM's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

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When running TRANSAMERICA SHORT-TERM price analysis, check to measure TRANSAMERICA SHORT-TERM's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy TRANSAMERICA SHORT-TERM is operating at the current time. Most of TRANSAMERICA SHORT-TERM's value examination focuses on studying past and present price action to predict the probability of TRANSAMERICA SHORT-TERM's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move TRANSAMERICA SHORT-TERM's price. Additionally, you may evaluate how the addition of TRANSAMERICA SHORT-TERM to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between TRANSAMERICA SHORT-TERM's value and its price as these two are different measures arrived at by different means. Investors typically determine TRANSAMERICA SHORT-TERM value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TRANSAMERICA SHORT-TERM's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.