Tiaa Cref Large Cap Value Fund Market Value
TRLCX Fund | USD 21.77 0.29 1.35% |
Symbol | Tiaa-cref |
Tiaa-cref Large-cap '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 Tiaa-cref Large-cap'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 Tiaa-cref Large-cap.
02/27/2024 |
| 03/28/2024 |
If you would invest 0.00 in Tiaa-cref Large-cap on February 27, 2024 and sell it all today you would earn a total of 0.00 from holding Tiaa Cref Large Cap Value or generate 0.0% return on investment in Tiaa-cref Large-cap over 30 days. Tiaa-cref Large-cap is related to or competes with Tiaa-cref Emerging, Tiaa-cref Emerging, Tiaa-cref Emerging, Tiaa-cref Emerging, Tiaa-cref Emerging, Tiaa-cref Emerging, and Tiaa-cref Equity. Under normal circumstances, the fund invests at least 80 percent of its assets in large-cap equity securities More
Tiaa-cref Large-cap 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 Tiaa-cref Large-cap'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 Tiaa Cref Large Cap Value upside and downside potential and time the market with a certain degree of confidence.
Downside Deviation | 0.4975 | |||
Information Ratio | 0.0355 | |||
Maximum Drawdown | 2.24 | |||
Value At Risk | (0.65) | |||
Potential Upside | 0.9654 |
Tiaa-cref Large-cap Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tiaa-cref Large-cap's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tiaa-cref Large-cap's standard deviation. In reality, there are many statistical measures that can use Tiaa-cref Large-cap historical prices to predict the future Tiaa-cref Large-cap's volatility.Risk Adjusted Performance | 0.168 | |||
Jensen Alpha | 0.0362 | |||
Total Risk Alpha | 0.0303 | |||
Sortino Ratio | 0.0356 | |||
Treynor Ratio | 0.1668 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Tiaa-cref Large-cap's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Tiaa-cref Large-cap Value Backtested Returns
We consider Tiaa-cref Large-cap very steady. Tiaa-cref Large-cap Value owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.29, which indicates the fund had a 0.29% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Tiaa Cref Large Cap Value, which you can use to evaluate the volatility of the fund. Please validate Tiaa-cref Large-cap's Coefficient Of Variation of 328.37, risk adjusted performance of 0.168, and Semi Deviation of 0.1507 to confirm if the risk estimate we provide is consistent with the expected return of 0.15%. The entity has a beta of 0.85, which indicates possible diversification benefits within a given portfolio. Tiaa-cref Large-cap returns are very sensitive to returns on the market. As the market goes up or down, Tiaa-cref Large-cap is expected to follow.
Auto-correlation | 0.86 |
Very good predictability
Tiaa Cref Large Cap Value has very good predictability. Overlapping area represents the amount of predictability between Tiaa-cref Large-cap time series from 27th of February 2024 to 13th of March 2024 and 13th of March 2024 to 28th of March 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Tiaa-cref Large-cap Value price movement. The serial correlation of 0.86 indicates that approximately 86.0% of current Tiaa-cref Large-cap price fluctuation can be explain by its past prices.
Correlation Coefficient | 0.86 | |
Spearman Rank Test | 0.83 | |
Residual Average | 0.0 | |
Price Variance | 0.04 |
Tiaa-cref Large-cap Value lagged returns against current returns
Autocorrelation, which is Tiaa-cref Large-cap 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 Tiaa-cref Large-cap's mutual fund expected returns. We can calculate the autocorrelation of Tiaa-cref Large-cap returns to help us make a trade decision. For example, suppose you find that Tiaa-cref Large-cap 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 |
Tiaa-cref Large-cap 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 Tiaa-cref Large-cap mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tiaa-cref Large-cap mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tiaa-cref Large-cap mutual fund over time.
Current vs Lagged Prices |
Timeline |
Tiaa-cref Large-cap Lagged Returns
When evaluating Tiaa-cref Large-cap's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tiaa-cref Large-cap mutual fund have on its future price. Tiaa-cref Large-cap 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, Tiaa-cref Large-cap autocorrelation shows the relationship between Tiaa-cref Large-cap mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Tiaa Cref Large Cap Value.
Regressed Prices |
Timeline |
Currently Active Assets on Macroaxis
Check out Tiaa-cref Large-cap Correlation, Tiaa-cref Large-cap Volatility and Tiaa-cref Large-cap Alpha and Beta module to complement your research on Tiaa-cref Large-cap. Note that the Tiaa-cref Large-cap Value information on this page should be used as a complementary analysis to other Tiaa-cref Large-cap'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 the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Complementary Tools for Tiaa-cref Mutual Fund analysis
When running Tiaa-cref Large-cap's price analysis, check to measure Tiaa-cref Large-cap'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 Tiaa-cref Large-cap is operating at the current time. Most of Tiaa-cref Large-cap's value examination focuses on studying past and present price action to predict the probability of Tiaa-cref Large-cap's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tiaa-cref Large-cap's price. Additionally, you may evaluate how the addition of Tiaa-cref Large-cap to your portfolios can decrease your overall portfolio volatility.
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