Tiaa Cref Equity Index Fund Market Value
| TIEIX Fund | USD 36.10 0.43 1.21% |
| Symbol | TIAA-CREF |
Tiaa-cref Equity '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 Equity'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 Equity.
| 04/07/2024 |
| 05/07/2024 |
If you would invest 0.00 in Tiaa-cref Equity on April 7, 2024 and sell it all today you would earn a total of 0.00 from holding Tiaa Cref Equity Index or generate 0.0% return on investment in Tiaa-cref Equity over 30 days. Tiaa-cref Equity is related to or competes with Tiaa Cref, Tiaa Cref, Tiaa-cref Emerging, Tiaa Cref, Tiaa Cref, Tiaa-cref Emerging, and Tiaa-cref Emerging. Under normal circumstances, the fund invests at least 80 percent of its assets in equity securities of its benchmark ind... More
Tiaa-cref Equity 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 Equity'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 Equity Index upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.771 | |||
| Information Ratio | 0.0211 | |||
| Maximum Drawdown | 3.64 | |||
| Value At Risk | (1.25) | |||
| Potential Upside | 1.21 |
Tiaa-cref Equity Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tiaa-cref Equity's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tiaa-cref Equity's standard deviation. In reality, there are many statistical measures that can use Tiaa-cref Equity historical prices to predict the future Tiaa-cref Equity's volatility.| Risk Adjusted Performance | 0.0757 | |||
| Jensen Alpha | 0.0762 | |||
| Total Risk Alpha | 6.0E-4 | |||
| Sortino Ratio | 0.0212 | |||
| Treynor Ratio | 0.9961 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Tiaa-cref Equity'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 Equity Backtested Returns
We consider Tiaa-cref Equity very steady. Tiaa Cref Equity owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0673, which indicates the fund had a 0.0673% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Tiaa Cref Equity Index, which you can use to evaluate the volatility of the fund. Please validate Tiaa-cref Equity's Coefficient Of Variation of 846.44, risk adjusted performance of 0.0757, and Semi Deviation of 0.6178 to confirm if the risk estimate we provide is consistent with the expected return of 0.0519%. The entity has a beta of 0.0819, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Tiaa-cref Equity's returns are expected to increase less than the market. However, during the bear market, the loss of holding Tiaa-cref Equity is expected to be smaller as well.
Auto-correlation | -0.41 |
Modest reverse predictability
Tiaa Cref Equity Index has modest reverse predictability. Overlapping area represents the amount of predictability between Tiaa-cref Equity time series from 7th of April 2024 to 22nd of April 2024 and 22nd of April 2024 to 7th of May 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 Equity price movement. The serial correlation of -0.41 indicates that just about 41.0% of current Tiaa-cref Equity price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.41 | |
| Spearman Rank Test | -0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 0.08 |
Tiaa Cref Equity lagged returns against current returns
Autocorrelation, which is Tiaa-cref Equity 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 Equity's mutual fund expected returns. We can calculate the autocorrelation of Tiaa-cref Equity returns to help us make a trade decision. For example, suppose you find that Tiaa-cref Equity 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 Equity 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 Equity mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tiaa-cref Equity 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 Equity mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Tiaa-cref Equity Lagged Returns
When evaluating Tiaa-cref Equity's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tiaa-cref Equity mutual fund have on its future price. Tiaa-cref Equity 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 Equity autocorrelation shows the relationship between Tiaa-cref Equity mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Tiaa Cref Equity Index.
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 Equity 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 Equity's short interest history, or implied volatility extrapolated from Tiaa-cref Equity options trading.
Currently Active Assets on Macroaxis
Check out Tiaa-cref Equity Correlation, Tiaa-cref Equity Volatility and Tiaa-cref Equity Alpha and Beta module to complement your research on Tiaa-cref Equity. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Tiaa-cref Equity 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.