Tiaa-cref Intl Correlations

Mutual Funds . USA . 
Fund . Tiaa Cref Intl Bond
TIBNX Fund  USD 8.77  0.02  0.23%   
The current 90-days correlation between Tiaa Cref Intl and Tiaa Cref Emerging Markets is 0.52 (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.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tiaa Cref Intl Bond. 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 board of governors.

Moving together with Tiaa-cref Mutual Fund

  0.85TEDNX Tiaa Cref EmergingPairCorr
  0.84TEDLX Tiaa Cref EmergingPairCorr
  0.85TEDHX Tiaa Cref EmergingPairCorr
  0.83TEDVX Tiaa Cref EmergingPairCorr
  0.84TEDTX Tiaa Cref EmergingPairCorr
  0.85TEDPX Tiaa Cref EmergingPairCorr
  0.81TESHX Tiaa Cref ShortPairCorr
  0.67TGRKX Tiaa Cref GreenPairCorr
  0.66TGRNX Tiaa Cref GreenPairCorr
  0.65TGROX Tiaa Cref GreenPairCorr
  0.67TGRLX Tiaa Cref GreenPairCorr
  0.66TGRMX Tiaa Cref GreenPairCorr
  0.99TIBEX Tiaa Cref IntlPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

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 DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
TEDNX  0.15  0.01 (0.56) 0.47  0.07 
(0.23)
 0.34 
(0.23)
 1.27 
TEDLX  0.15  0.01 (0.55) 0.43  0.07 
(0.24)
 0.34 
(0.23)
 1.27 
TEDHX  0.15  0.01 (0.50) 0.38  0.08 
(0.23)
 0.34 
(0.23)
 1.38 
TEDVX  0.15  0.01 (0.48) 0.31  0.04 
(0.23)
 0.34 
(0.23)
 1.27 
TEDTX  0.16  0.01 (0.57) 0.40  0.07 
(0.25)
 0.34 
(0.23)
 1.27 
TEDPX  0.15  0.00 (0.52) 0.19  0.07 
(0.21)
 0.34 
(0.23)
 1.15 
TEIHX  0.57  0.01  0.00  0.13  0.64 
(0.62)
 1.29 
(1.30)
 4.12 
TEMLX  0.83 (0.06) 0.00 (0.03) 0.00 
 0.00 
 1.69 
(1.85)
 6.03 
TEMHX  0.84 (0.07) 0.00 (0.03) 0.00 
 0.00 
 1.69 
(1.85)
 6.03 
TEMVX  0.84 (0.06)(0.12)(0.02) 1.01 
(0.96)
 1.68 
(1.91)
 6.10 

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
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY