Tiaa Cref Equity Index Fund Market Value
| TCEPX Fund | USD 42.62 0.14 0.33% |
| Symbol | TIAA-CREF |
Tiaa-cref Equity '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 Equity'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 Equity.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Tiaa-cref Equity on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Tiaa Cref Equity Index or generate 0.0% return on investment in Tiaa-cref Equity over 30 days. Tiaa-cref Equity is related to or competes with T Rowe, T Rowe, T Rowe, T Rowe, and T Rowe. Under normal circumstances, the fund invests at least 80 percent of its assets in equity securities of its benchmark ind... More
Tiaa-cref Equity 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 Equity'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 Equity Index upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8496 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 4.1 | |||
| Value At Risk | (1.31) | |||
| Potential Upside | 1.11 |
Tiaa-cref Equity Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tiaa-cref Equity's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tiaa-cref Equity's standard deviation. In reality, there are many statistical measures that can use Tiaa-cref Equity historical prices to predict the future Tiaa-cref Equity's volatility.| Risk Adjusted Performance | 0.1222 | |||
| Jensen Alpha | 0.0095 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.1313 |
Tiaa Cref Equity Backtested Returns
At this stage we consider TIAA-CREF Mutual Fund to be very steady. Tiaa Cref Equity owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.15, which indicates the fund had a 0.15% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Tiaa Cref Equity Index, which you can use to evaluate the volatility of the fund. Please validate Tiaa-cref Equity's Coefficient Of Variation of 627.19, risk adjusted performance of 0.1222, and Semi Deviation of 0.6562 to confirm if the risk estimate we provide is consistent with the expected return of 0.12%. The entity has a beta of 0.88, which indicates possible diversification benefits within a given portfolio. Tiaa-cref Equity returns are very sensitive to returns on the market. As the market goes up or down, Tiaa-cref Equity is expected to follow.
Auto-correlation | 0.93 |
Excellent predictability
Tiaa Cref Equity Index has excellent predictability. Overlapping area represents the amount of predictability between Tiaa-cref Equity time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 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 Equity price movement. The serial correlation of 0.93 indicates that approximately 93.0% of current Tiaa-cref Equity price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.93 | |
| Spearman Rank Test | 0.64 | |
| Residual Average | 0.0 | |
| Price Variance | 0.16 |
Tiaa Cref Equity lagged returns against current returns
Autocorrelation, which is Tiaa-cref Equity 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 Equity's mutual fund expected returns. We can calculate the autocorrelation of Tiaa-cref Equity returns to help us make a trade decision. For example, suppose you find that Tiaa-cref Equity 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 Equity 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 Equity mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tiaa-cref Equity 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 Equity mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Tiaa-cref Equity Lagged Returns
When evaluating Tiaa-cref Equity's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tiaa-cref Equity mutual fund have on its future price. Tiaa-cref Equity 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 Equity autocorrelation shows the relationship between Tiaa-cref Equity mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Tiaa Cref Equity 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 Equity 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 Equity security.
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators |