Target 2040 Fund Market Value

TRXRX Fund  USD 17.19  0.13  0.75%   
Target 2040's market value is the price at which a share of Target 2040 trades on a public exchange. It measures the collective expectations of Target 2040 Fund investors about its performance. Target 2040 is trading at 17.19 as of the 3rd of August 2025; that is 0.75 percent down since the beginning of the trading day. The fund's open price was 17.32.
With this module, you can estimate the performance of a buy and hold strategy of Target 2040 Fund and determine expected loss or profit from investing in Target 2040 over a given investment horizon. Check out Target 2040 Correlation, Target 2040 Volatility and Target 2040 Alpha and Beta module to complement your research on Target 2040.
Symbol

Please note, there is a significant difference between Target 2040's value and its price as these two are different measures arrived at by different means. Investors typically determine if Target 2040 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Target 2040'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.

Target 2040 '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 Target 2040'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 Target 2040.
0.00
05/05/2025
No Change 0.00  0.0 
In 2 months and 31 days
08/03/2025
0.00
If you would invest  0.00  in Target 2040 on May 5, 2025 and sell it all today you would earn a total of 0.00 from holding Target 2040 Fund or generate 0.0% return on investment in Target 2040 over 90 days. Target 2040 is related to or competes with Pgim Jennison, Columbia Global, Putnam Global, Technology Ultrasector, Vanguard Information, and Janus Global. The fund pursues its objective by investing in a diversified portfolio of other T More

Target 2040 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 Target 2040'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 Target 2040 Fund upside and downside potential and time the market with a certain degree of confidence.

Target 2040 Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Target 2040's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Target 2040's standard deviation. In reality, there are many statistical measures that can use Target 2040 historical prices to predict the future Target 2040's volatility.
Hype
Prediction
LowEstimatedHigh
16.7217.1917.66
Details
Intrinsic
Valuation
LowRealHigh
16.9917.4617.93
Details
Naive
Forecast
LowNextHigh
16.7317.2117.68
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
17.1517.3517.56
Details

Target 2040 Fund Backtested Returns

At this stage we consider Target Mutual Fund to be very steady. Target 2040 Fund owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.18, which indicates the fund had a 0.18 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Target 2040 Fund, which you can use to evaluate the volatility of the fund. Please validate Target 2040's Semi Deviation of 0.2779, risk adjusted performance of 0.1524, and Coefficient Of Variation of 495.91 to confirm if the risk estimate we provide is consistent with the expected return of 0.0865%. The entity has a beta of 0.56, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Target 2040's returns are expected to increase less than the market. However, during the bear market, the loss of holding Target 2040 is expected to be smaller as well.

Auto-correlation

    
  0.81  

Very good predictability

Target 2040 Fund has very good predictability. Overlapping area represents the amount of predictability between Target 2040 time series from 5th of May 2025 to 19th of June 2025 and 19th of June 2025 to 3rd of August 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 Target 2040 Fund price movement. The serial correlation of 0.81 indicates that around 81.0% of current Target 2040 price fluctuation can be explain by its past prices.
Correlation Coefficient0.81
Spearman Rank Test0.61
Residual Average0.0
Price Variance0.03

Target 2040 Fund lagged returns against current returns

Autocorrelation, which is Target 2040 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 Target 2040's mutual fund expected returns. We can calculate the autocorrelation of Target 2040 returns to help us make a trade decision. For example, suppose you find that Target 2040 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  

Target 2040 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 Target 2040 mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Target 2040 mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Target 2040 mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Target 2040 Lagged Returns

When evaluating Target 2040's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Target 2040 mutual fund have on its future price. Target 2040 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, Target 2040 autocorrelation shows the relationship between Target 2040 mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Target 2040 Fund.
   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 Target Mutual Fund

Target 2040 financial ratios help investors to determine whether Target 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 Target with respect to the benefits of owning Target 2040 security.
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