Tiaa-cref Intl Correlations
| TIBLX Fund | USD 8.68 0.01 0.12% |
The current 90-days correlation between Tiaa Cref Intl and Virtus Multi Sector Short is 0.53 (i.e., Very weak diversification). The correlation of Tiaa-cref Intl 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
| 0.98 | VTIBX | Vanguard Total Inter | PairCorr |
| 0.98 | VTILX | Vanguard Total Inter | PairCorr |
| 0.97 | VTIFX | Vanguard Total Inter | PairCorr |
| 0.97 | VTABX | Vanguard Total Inter | PairCorr |
| 0.91 | PFOAX | Pimco Foreign Bond | PairCorr |
| 0.92 | PFOCX | Pimco Foreign Bond | PairCorr |
| 0.9 | PFONX | Pimco International Bond | PairCorr |
| 0.92 | MGGYX | Mirova Global Green | PairCorr |
| 0.91 | MGGAX | Mirova Global Green | PairCorr |
| 0.75 | T | ATT Inc Earnings Call This Week | PairCorr |
| 0.64 | DIS | Walt Disney | PairCorr |
| 0.67 | MSFT | Microsoft | PairCorr |
Moving against Tiaa-cref Mutual Fund
| 0.45 | PFE | Pfizer Inc Fiscal Year End 4th of February 2025 | PairCorr |
Related Correlations Analysis
| 0.99 | 0.88 | 0.94 | 0.89 | 0.87 | VMSSX | ||
| 0.99 | 0.85 | 0.95 | 0.89 | 0.88 | JSNIX | ||
| 0.88 | 0.85 | 0.83 | 0.86 | 0.76 | OHSHX | ||
| 0.94 | 0.95 | 0.83 | 0.92 | 0.95 | FUEMX | ||
| 0.89 | 0.89 | 0.86 | 0.92 | 0.94 | LCCMX | ||
| 0.87 | 0.88 | 0.76 | 0.95 | 0.94 | ATOAX | ||
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Risk-Adjusted Indicators
There is a big difference between Tiaa-cref Mutual Fund performing well and Tiaa-cref Intl 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 Intl'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| VMSSX | 0.07 | 0.01 | (0.05) | 0.23 | 0.00 | 0.22 | 0.89 | |||
| JSNIX | 0.08 | 0.00 | (0.12) | 0.82 | 0.00 | 0.22 | 0.65 | |||
| OHSHX | 0.12 | 0.02 | (0.01) | 0.24 | 0.00 | 0.23 | 0.90 | |||
| FUEMX | 0.05 | 0.00 | (0.12) | (0.33) | 0.00 | 0.30 | 0.50 | |||
| LCCMX | 0.11 | 0.04 | 0.00 | (2.80) | 0.00 | 0.25 | 1.84 | |||
| ATOAX | 0.03 | 0.00 | 0.00 | (0.25) | 0.00 | 0.10 | 0.40 |