Tiaa Cref Mid Cap Value Fund Market Value
| TRVPX Fund | USD 17.21 0.01 0.06% |
| Symbol | Tiaa-cref |
Tiaa-cref Mid-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 Mid-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 Mid-cap.
| 03/27/2024 |
| 04/26/2024 |
If you would invest 0.00 in Tiaa-cref Mid-cap on March 27, 2024 and sell it all today you would earn a total of 0.00 from holding Tiaa Cref Mid Cap Value or generate 0.0% return on investment in Tiaa-cref Mid-cap over 30 days. Tiaa-cref Mid-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 mid-cap equity securities More
Tiaa-cref Mid-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 Mid-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 Mid Cap Value upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8401 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 3.17 | |||
| Value At Risk | (1.39) | |||
| Potential Upside | 1.21 |
Tiaa-cref Mid-cap Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tiaa-cref Mid-cap's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tiaa-cref Mid-cap's standard deviation. In reality, there are many statistical measures that can use Tiaa-cref Mid-cap historical prices to predict the future Tiaa-cref Mid-cap's volatility.| Risk Adjusted Performance | 0.0683 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0611 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Tiaa-cref Mid-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 Mid-cap Backtested Returns
We consider Tiaa-cref Mid-cap very steady. Tiaa-cref Mid-cap owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.1, which indicates the fund had a 0.1% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Tiaa Cref Mid Cap Value, which you can use to evaluate the volatility of the fund. Please validate Tiaa-cref Mid-cap's Coefficient Of Variation of 934.46, semi deviation of 0.7121, and Risk Adjusted Performance of 0.0683 to confirm if the risk estimate we provide is consistent with the expected return of 0.0766%. The entity has a beta of 1.12, which indicates a somewhat significant risk relative to the market. Tiaa-cref Mid-cap returns are very sensitive to returns on the market. As the market goes up or down, Tiaa-cref Mid-cap is expected to follow.
Auto-correlation | -0.11 |
Insignificant reverse predictability
Tiaa Cref Mid Cap Value has insignificant reverse predictability. Overlapping area represents the amount of predictability between Tiaa-cref Mid-cap time series from 27th of March 2024 to 11th of April 2024 and 11th of April 2024 to 26th of April 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 Mid-cap price movement. The serial correlation of -0.11 indicates that less than 11.0% of current Tiaa-cref Mid-cap price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.11 | |
| Spearman Rank Test | -0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Tiaa-cref Mid-cap lagged returns against current returns
Autocorrelation, which is Tiaa-cref Mid-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 Mid-cap's mutual fund expected returns. We can calculate the autocorrelation of Tiaa-cref Mid-cap returns to help us make a trade decision. For example, suppose you find that Tiaa-cref Mid-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 Mid-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 Mid-cap mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tiaa-cref Mid-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 Mid-cap mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Tiaa-cref Mid-cap Lagged Returns
When evaluating Tiaa-cref Mid-cap's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tiaa-cref Mid-cap mutual fund have on its future price. Tiaa-cref Mid-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 Mid-cap autocorrelation shows the relationship between Tiaa-cref Mid-cap mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Tiaa Cref Mid Cap Value.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Tiaa-cref Mid-cap in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Tiaa-cref Mid-cap's short interest history, or implied volatility extrapolated from Tiaa-cref Mid-cap options trading.
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Check out Tiaa-cref Mid-cap Correlation, Tiaa-cref Mid-cap Volatility and Tiaa-cref Mid-cap Alpha and Beta module to complement your research on Tiaa-cref Mid-cap. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Tiaa-cref Mid-cap technical mutual fund 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, fund market cycles, or different charting patterns.