Tiaa Cref Bond Index Fund Market Value
| TBILX Fund | USD 9.65 0.03 0.31% |
| Symbol | Tiaa-cref |
Tiaa-cref Bond 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Tiaa-cref Bond's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Tiaa-cref Bond.
| 12/09/2022 |
| 11/28/2024 |
If you would invest 0.00 in Tiaa-cref Bond on December 9, 2022 and sell it all today you would earn a total of 0.00 from holding Tiaa Cref Bond Index or generate 0.0% return on investment in Tiaa-cref Bond over 720 days. Tiaa-cref Bond is related to or competes with Vanguard Total, Vanguard Total, Vanguard Total, Vanguard Total, Bond Fund, Bond Fund, and Bond Fund. The fund invests at least 80 percent of its assets in bonds within its benchmark and portfolio tracking index, the Bloom... More
Tiaa-cref Bond Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Tiaa-cref Bond's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Tiaa Cref Bond Index upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.49) | |||
| Maximum Drawdown | 1.25 | |||
| Value At Risk | (0.62) | |||
| Potential Upside | 0.5118 |
Tiaa-cref Bond Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tiaa-cref Bond's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tiaa-cref Bond's standard deviation. In reality, there are many statistical measures that can use Tiaa-cref Bond historical prices to predict the future Tiaa-cref Bond's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | 0.4457 |
Tiaa Cref Bond Backtested Returns
Tiaa Cref Bond owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0396, which indicates the fund had a -0.0396% return per unit of risk over the last 3 months. Tiaa Cref Bond Index exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tiaa-cref Bond's Risk Adjusted Performance of (0.06), variance of 0.0958, and Coefficient Of Variation of (1,558) to confirm the risk estimate we provide. The entity has a beta of -0.067, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Tiaa-cref Bond are expected to decrease at a much lower rate. During the bear market, Tiaa-cref Bond is likely to outperform the market.
Auto-correlation | -0.72 |
Almost perfect reverse predictability
Tiaa Cref Bond Index has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Tiaa-cref Bond time series from 9th of December 2022 to 4th of December 2023 and 4th of December 2023 to 28th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Tiaa Cref Bond price movement. The serial correlation of -0.72 indicates that around 72.0% of current Tiaa-cref Bond price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.72 | |
| Spearman Rank Test | -0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Tiaa Cref Bond lagged returns against current returns
Autocorrelation, which is Tiaa-cref Bond mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Tiaa-cref Bond's mutual fund expected returns. We can calculate the autocorrelation of Tiaa-cref Bond returns to help us make a trade decision. For example, suppose you find that Tiaa-cref Bond has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Tiaa-cref Bond regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Tiaa-cref Bond mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tiaa-cref Bond mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tiaa-cref Bond mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Tiaa-cref Bond Lagged Returns
When evaluating Tiaa-cref Bond's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tiaa-cref Bond mutual fund have on its future price. Tiaa-cref Bond autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Tiaa-cref Bond autocorrelation shows the relationship between Tiaa-cref Bond mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Tiaa Cref Bond Index.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Tiaa-cref Mutual Fund
Tiaa-cref Bond financial ratios help investors to determine whether Tiaa-cref Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Tiaa-cref with respect to the benefits of owning Tiaa-cref Bond security.
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Transaction History View history of all your transactions and understand their impact on performance |