Tiaa Cref Growth Income Fund Market Value
| TGIWX Fund | USD 17.01 0.09 0.53% |
| Symbol | Tiaa-cref |
Tiaa-cref Growth '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 Growth'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 Growth.
| 12/09/2022 |
| 11/28/2024 |
If you would invest 0.00 in Tiaa-cref Growth on December 9, 2022 and sell it all today you would earn a total of 0.00 from holding Tiaa Cref Growth Income or generate 0.0% return on investment in Tiaa-cref Growth over 720 days. Tiaa-cref Growth is related to or competes with Ab Bond, Barings Emerging, T Rowe, Dodge Cox, T Rowe, and Rbc Emerging. The fund normally invests at least 80 percent of its assets in equity securities More
Tiaa-cref Growth 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 Growth'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 Growth Income upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8722 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 3.56 | |||
| Value At Risk | (1.24) | |||
| Potential Upside | 1.23 |
Tiaa-cref Growth Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tiaa-cref Growth's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tiaa-cref Growth's standard deviation. In reality, there are many statistical measures that can use Tiaa-cref Growth historical prices to predict the future Tiaa-cref Growth's volatility.| Risk Adjusted Performance | 0.1137 | |||
| Jensen Alpha | 0.0052 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.1266 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Tiaa-cref Growth's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Tiaa Cref Growth Backtested Returns
At this stage we consider Tiaa-cref Mutual Fund to be very steady. Tiaa Cref Growth owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates the fund had a 0.13% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Tiaa Cref Growth Income, which you can use to evaluate the volatility of the fund. Please validate Tiaa-cref Growth's Coefficient Of Variation of 673.3, semi deviation of 0.6998, and Risk Adjusted Performance of 0.1137 to confirm if the risk estimate we provide is consistent with the expected return of 0.1%. The entity has a beta of 0.83, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Tiaa-cref Growth's returns are expected to increase less than the market. However, during the bear market, the loss of holding Tiaa-cref Growth is expected to be smaller as well.
Auto-correlation | 0.88 |
Very good predictability
Tiaa Cref Growth Income has very good predictability. Overlapping area represents the amount of predictability between Tiaa-cref Growth 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 Growth price movement. The serial correlation of 0.88 indicates that approximately 88.0% of current Tiaa-cref Growth price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.88 | |
| Spearman Rank Test | 0.85 | |
| Residual Average | 0.0 | |
| Price Variance | 1.51 |
Tiaa Cref Growth lagged returns against current returns
Autocorrelation, which is Tiaa-cref Growth 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 Growth's mutual fund expected returns. We can calculate the autocorrelation of Tiaa-cref Growth returns to help us make a trade decision. For example, suppose you find that Tiaa-cref Growth 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 Growth 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 Growth mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tiaa-cref Growth 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 Growth mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Tiaa-cref Growth Lagged Returns
When evaluating Tiaa-cref Growth's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tiaa-cref Growth mutual fund have on its future price. Tiaa-cref Growth 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 Growth autocorrelation shows the relationship between Tiaa-cref Growth mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Tiaa Cref Growth Income.
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 Growth 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 Growth security.
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