Tcw Transform Supply Etf Market Value
| SUPP Etf | 69.35 0.14 0.20% |
| Symbol | TCW |
The market value of TCW Transform Supply 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 Supply or generate 0.0% return on investment in TCW Transform over 90 days. TCW Transform is related to or competes with ProShares Supply, JPMorgan Climate, Rbb Fund, Simplify Propel, and TCW Transform. TCW Transform is entity of United States 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 Supply upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9016 | |||
| Information Ratio | 0.1586 | |||
| Maximum Drawdown | 4.08 | |||
| Value At Risk | (1.38) | |||
| Potential Upside | 1.83 |
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 | 0.2804 | |||
| Jensen Alpha | 0.1793 | |||
| Total Risk Alpha | 0.1494 | |||
| Sortino Ratio | 0.1758 | |||
| Treynor Ratio | 0.344 |
TCW Transform Supply Backtested Returns
TCW Transform appears to be very steady, given 3 months investment horizon. TCW Transform Supply owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.4, which indicates the etf had a 0.4 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for TCW Transform Supply, which you can use to evaluate the volatility of the entity. Please review TCW Transform's downside deviation of 0.9016, and Market Risk Adjusted Performance of 0.354 to confirm if our risk estimates are consistent with your expectations. The entity has a beta of 0.84, 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 | 0.84 |
Very good predictability
TCW Transform Supply has very good 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 Supply price movement. The serial correlation of 0.84 indicates that around 84.0% of current TCW Transform price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.84 | |
| Spearman Rank Test | 0.82 | |
| Residual Average | 0.0 | |
| Price Variance | 2.88 |
TCW Transform Supply 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 Supply.
Regressed Prices |
| Timeline |
Pair Trading with TCW Transform
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if TCW Transform position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in TCW Transform will appreciate offsetting losses from the drop in the long position's value.Moving together with TCW Etf
| 0.99 | VTI | Vanguard Total Stock Sell-off Trend | PairCorr |
| 1.0 | SPY | SPDR SP 500 Sell-off Trend | PairCorr |
| 0.99 | IVV | iShares Core SP Sell-off Trend | PairCorr |
| 0.99 | VIG | Vanguard Dividend | PairCorr |
| 0.99 | VV | Vanguard Large Cap | PairCorr |
The ability to find closely correlated positions to TCW Transform could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace TCW Transform when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back TCW Transform - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling TCW Transform Supply to buy it.
The correlation of TCW Transform is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as TCW Transform moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if TCW Transform Supply moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for TCW Transform can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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 Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
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.