Tiaa Cref Correlations

TEDPX Fund

USD 8.71 0.01 0.11%

The current 90-days correlation between Tiaa Cref Emerging and Center St Mlp is 0.19 (i.e., Average diversification). The correlation of Tiaa Cref 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 correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.

Tiaa Cref Correlation With Market

Average diversification

The correlation between Tiaa Cref Emerging Markets and DJI is 0.19 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Tiaa Cref Emerging Markets and DJI in the same portfolio, assuming nothing else is changed.

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tiaa Cref Emerging Markets. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

Moving together with Tiaa Mutual Fund

1.0	TEDNX	Tiaa Cref Emerging	Pair Corr
1.0	TEDLX	Tiaa Cref Emerging	Pair Corr
1.0	TEDHX	Tiaa Cref Emerging	Pair Corr
0.99	TEDVX	Tiaa Cref Emerging	Pair Corr
1.0	TEDTX	Tiaa Cref Emerging	Pair Corr
0.64	TEMLX	Tiaa Cref Emerging	Pair Corr
0.64	TEMHX	Tiaa Cref Emerging	Pair Corr
0.65	TEMVX	Tiaa Cref Emerging	Pair Corr
0.64	TEMRX	Tiaa Cref Emerging	Pair Corr
0.64	TEMSX	Tiaa Cref Emerging	Pair Corr
0.64	TEMPX	Tiaa Cref Emerging	Pair Corr
0.64	TENWX	Tiaa Cref Emerging	Pair Corr
0.64	TEQLX	Tiaa Cref Emerging	Pair Corr
0.64	TEQKX	Tiaa Cref Emerging	Pair Corr
0.64	TEQHX	Tiaa Cref Emerging	Pair Corr
0.64	TEQSX	Tiaa Cref Emerging	Pair Corr
0.64	TEQPX	Tiaa Cref Emerging	Pair Corr
0.72	TESHX	Tiaa Cref Short	Pair Corr
0.86	TIBEX	Tiaa Cref Intl	Pair Corr
0.85	TIBNX	Tiaa Cref Intl	Pair Corr

Related Correlations Analysis

	CCCCX	USCAX	TINAX	MSTXX	TQAAX	FMFTX
CCCCX		0.77	0.15	0.33	0.83	0.44	CCCCX
USCAX	0.77		0.28	0.07	0.97	0.62	USCAX
TINAX	0.15	0.28		0.36	0.25	0.28	TINAX
MSTXX	0.33	0.07	0.36		0.17	0.2	MSTXX
TQAAX	0.83	0.97	0.25	0.17		0.71	TQAAX
FMFTX	0.44	0.62	0.28	0.2	0.71		FMFTX
	CCCCX	USCAX	TINAX	MSTXX	TQAAX	FMFTX

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Tiaa Mutual Fund performing well and Tiaa Cref Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Tiaa Cref's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
CCCCX	0.66	0.20	0.20	0.48	0.24	(0.82)	1.36	(0.88)	3.85
USCAX	0.96	(0.06)	0.01	0.08	0.92	(1.15)	2.26	(1.70)	7.45
TINAX	0.13	(0.01)	(0.51)	0.07	0.06	(0.18)	0.23	(0.23)	0.79
MSTXX	0.03	0.00	0.00	0.48	0.00	0.00	0.00	0.00	1.01
TQAAX	0.83	(0.03)	0.01	0.10	0.97	(0.88)	1.97	(1.51)	6.10
FMFTX	0.78	(0.04)	(0.05)	0.08	0.87	(0.83)	1.90	(1.47)	5.17

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Tiaa Cref Correlations

Tiaa Cref Correlation With Market

Average diversification

Moving together with Tiaa Mutual Fund

Related Correlations Analysis

Risk-Adjusted Indicators

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY