Tcw Transform Systems Etf Market Value
| PWRD Etf | 91.00 0.00 0.00% |
| Symbol | TCW |
The market value of TCW Transform Systems is measured differently than its book value, which is the value of TCW that is recorded on the company's balance sheet. Investors also form their own opinion of TCW Transform's value that differs from its market value or its book value, called intrinsic value, which is TCW Transform's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because TCW Transform's market value can be influenced by many factors that don't directly affect TCW Transform's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between TCW Transform's value and its price as these two are different measures arrived at by different means. Investors typically determine if TCW Transform is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TCW Transform'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.
TCW Transform '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 TCW Transform's etf 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 TCW Transform.
| 04/22/2025 |
| 07/21/2025 |
If you would invest 0.00 in TCW Transform on April 22, 2025 and sell it all today you would earn a total of 0.00 from holding TCW Transform Systems or generate 0.0% return on investment in TCW Transform over 90 days. TCW Transform is related to or competes with Ultimus Managers, Direxion Daily, EA Series, Global X, ETRACS Quarterly, Global X, and UBS AG. Perfect World Co., Ltd., through its subsidiaries, engages in the research, development, operation, and licensing of online games in the People Republic of China, the United States, Europe, Japan, Southeast Asia, and South Korea. More
TCW Transform 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 TCW Transform's etf 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 TCW Transform Systems upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.31 | |||
| Information Ratio | 0.2555 | |||
| Maximum Drawdown | 6.44 | |||
| Value At Risk | (1.53) | |||
| Potential Upside | 2.98 |
TCW Transform Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TCW Transform's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TCW Transform's standard deviation. In reality, there are many statistical measures that can use TCW Transform historical prices to predict the future TCW Transform's volatility.| Risk Adjusted Performance | 0.3405 | |||
| Jensen Alpha | 0.3634 | |||
| Total Risk Alpha | 0.2843 | |||
| Sortino Ratio | 0.2588 | |||
| Treynor Ratio | 0.5751 |
TCW Transform Systems Backtested Returns
TCW Transform appears to be very steady, given 3 months investment horizon. TCW Transform Systems owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.41, which indicates the etf had a 0.41 % return per unit of risk over the last 3 months. By examining TCW Transform's technical indicators, you can evaluate if the expected return of 0.5% is justified by implied risk. Please review TCW Transform's downside deviation of 1.31, and Market Risk Adjusted Performance of 0.5851 to confirm if our risk estimates are consistent with your expectations. The entity has a beta of 0.82, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, TCW Transform's returns are expected to increase less than the market. However, during the bear market, the loss of holding TCW Transform is expected to be smaller as well.
Auto-correlation | 0.91 |
Excellent predictability
TCW Transform Systems has excellent predictability. Overlapping area represents the amount of predictability between TCW Transform time series from 22nd of April 2025 to 6th of June 2025 and 6th of June 2025 to 21st of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of TCW Transform Systems price movement. The serial correlation of 0.91 indicates that approximately 91.0% of current TCW Transform price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.91 | |
| Spearman Rank Test | 0.88 | |
| Residual Average | 0.0 | |
| Price Variance | 7.68 |
TCW Transform Systems lagged returns against current returns
Autocorrelation, which is TCW Transform etf'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 TCW Transform's etf expected returns. We can calculate the autocorrelation of TCW Transform returns to help us make a trade decision. For example, suppose you find that TCW Transform has exhibited high autocorrelation historically, and you observe that the etf 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 |
TCW Transform 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 TCW Transform etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TCW Transform etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TCW Transform etf over time.
Current vs Lagged Prices |
| Timeline |
TCW Transform Lagged Returns
When evaluating TCW Transform's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TCW Transform etf have on its future price. TCW Transform 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, TCW Transform autocorrelation shows the relationship between TCW Transform etf current value and its past values and can show if there is a momentum factor associated with investing in TCW Transform Systems.
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.When determining whether TCW Transform Systems is a strong investment it is important to analyze TCW Transform's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact TCW Transform's future performance. For an informed investment choice regarding TCW Etf, refer to the following important reports:Check out TCW Transform Correlation, TCW Transform Volatility and TCW Transform Alpha and Beta module to complement your research on TCW Transform. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
TCW Transform technical etf 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, etf market cycles, or different charting patterns.