Tiaa-cref International Correlations
| TIBUX Fund | USD 9.04 0.02 0.22% |
The current 90-days correlation between Tiaa Cref International and T Rowe Price is 0.27 (i.e., Modest diversification). The correlation of Tiaa-cref International 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 |
Moving together with Tiaa-cref Mutual Fund
| 0.61 | TEIHX | Tiaa Cref Equity | PairCorr |
| 0.69 | TEMLX | Tiaa Cref Emerging Potential Growth | PairCorr |
| 0.69 | TEMHX | Tiaa Cref Emerging Potential Growth | PairCorr |
| 0.69 | TEMVX | Tiaa Cref Emerging | PairCorr |
| 0.87 | TEMRX | Tiaa Cref Emerging | PairCorr |
| 0.87 | TEMSX | Tiaa Cref Emerging | PairCorr |
| 0.65 | TEMPX | Tiaa Cref Emerging Potential Growth | PairCorr |
| 0.84 | TENWX | Tiaa Cref Emerging | PairCorr |
| 0.68 | TEQLX | Tiaa Cref Emerging | PairCorr |
| 0.63 | TEQKX | Tiaa Cref Emerging | PairCorr |
| 0.91 | TEQHX | Tiaa Cref Emerging | PairCorr |
| 0.61 | TEQWX | Tiaa Cref Equity | PairCorr |
| 0.68 | TEQSX | Tiaa Cref Emerging | PairCorr |
| 0.65 | TEQPX | Tiaa Cref Emerging | PairCorr |
| 0.91 | TESHX | Tiaa Cref Short | PairCorr |
| 0.79 | TFTIX | Tiaa Cref Lifecycle | PairCorr |
| 0.87 | TGIWX | Tiaa Cref Growth | PairCorr |
| 0.94 | TGRKX | Tiaa Cref Green | PairCorr |
| 0.94 | TGROX | Tiaa Cref Green | PairCorr |
| 0.76 | THCVX | Tiaa-cref Large-cap | PairCorr |
| 0.63 | TIBDX | Tiaa Cref Bond | PairCorr |
| 0.99 | TIBEX | Tiaa Cref Intl | PairCorr |
| 0.95 | TIBFX | Tiaa Cref Bond | PairCorr |
| 0.62 | TIBHX | Tiaa Cref Bond | PairCorr |
| 0.67 | TIBVX | Tiaa Cref Intl | PairCorr |
Related Correlations Analysis
| 0.0 | 0.0 | 0.0 | 0.0 | 0.95 | PAELX | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | PBMXX | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | IVMXX | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | PCEXX | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | TFGXX | ||
| 0.95 | 0.0 | 0.0 | 0.0 | 0.0 | SMAAX | ||
Correlation Matchups
Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Tiaa-cref Mutual Fund performing well and Tiaa-cref International 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 International'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| PAELX | 0.24 | 0.03 | (0.08) | 0.27 | 0.12 | 0.42 | 1.21 | |||
| PBMXX | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| IVMXX | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| PCEXX | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| TFGXX | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| SMAAX | 0.10 | 0.03 | (0.27) | (1.43) | 0.00 | 0.30 | 0.59 |