Tiaa Cref Correlations

Mutual Funds . USA . 
Fund . Tiaa Cref Lifecycle Index
TLLHX Fund  USD 32.42  0.19  0.58%   
The current 90-days correlation between Tiaa Cref Lifecycle and Voya Target Retirement is 0.97 (i.e., Almost no 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

Very weak diversification

The correlation between Tiaa Cref Lifecycle Index and DJI is 0.41 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Tiaa Cref Lifecycle Index 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 Lifecycle Index. 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 rate.

Moving together with Tiaa Mutual Fund

  0.86TEDNX Tiaa Cref EmergingPairCorr
  0.86TEDLX Tiaa Cref EmergingPairCorr
  0.86TEDHX Tiaa Cref EmergingPairCorr
  0.85TEDVX Tiaa Cref EmergingPairCorr
  0.86TEDTX Tiaa Cref EmergingPairCorr
  0.86TEDPX Tiaa Cref EmergingPairCorr
  0.9TEIHX Tiaa Cref EquityPairCorr
  0.91TEQWX Tiaa Cref EquityPairCorr
  1.0TFITX Tiaa Cref LifecyclePairCorr
  1.0TFIRX Tiaa Cref LifecyclePairCorr
  1.0TFIPX Tiaa Cref LifecyclePairCorr
  1.0TFIHX Tiaa Cref LifecyclePairCorr
  0.86TFTIX Tiaa Cref LifecyclePairCorr
  0.86TFTHX Tiaa Cref LifecyclePairCorr
  0.62TGRKX Tiaa Cref GreenPairCorr
  0.68TGRNX Tiaa Cref GreenPairCorr
  0.66TGROX Tiaa Cref GreenPairCorr
  0.67TGRLX Tiaa Cref GreenPairCorr
  0.67TGRMX Tiaa Cref GreenPairCorr
  0.66THCVX Tiaa Cref LargePairCorr
  0.69TIBDX Tiaa Cref BondPairCorr
  0.71TIBEX Tiaa Cref IntlPairCorr
  0.69TIBFX Tiaa Cref BondPairCorr
  0.71TIBNX 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 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.

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