Tiaa Cref Large Cap Value Fund Market Value
| THCVX Fund | USD 28.26 0.06 0.21% |
| Symbol | Tiaa-cref |
Tiaa-cref Large-cap '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 Large-cap'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 Large-cap.
| 06/10/2023 |
| 12/01/2024 |
If you would invest 0.00 in Tiaa-cref Large-cap on June 10, 2023 and sell it all today you would earn a total of 0.00 from holding Tiaa Cref Large Cap Value or generate 0.0% return on investment in Tiaa-cref Large-cap over 540 days. Tiaa-cref Large-cap is related to or competes with Franklin Gold, Oppenheimer Gold, Europac Gold, Goldman Sachs, James Balanced:, Invesco Gold, and Short Precious. Under normal circumstances, the fund invests at least 80 percent of its assets in securities of its benchmark index, the... More
Tiaa-cref Large-cap 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 Large-cap'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 Large Cap Value upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.4996 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 3.51 | |||
| Value At Risk | (0.76) | |||
| Potential Upside | 1.09 |
Tiaa-cref Large-cap Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tiaa-cref Large-cap's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tiaa-cref Large-cap's standard deviation. In reality, there are many statistical measures that can use Tiaa-cref Large-cap historical prices to predict the future Tiaa-cref Large-cap's volatility.| Risk Adjusted Performance | 0.1415 | |||
| Jensen Alpha | 0.1129 | |||
| Total Risk Alpha | 0.0033 | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | (11.16) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Tiaa-cref Large-cap'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 Large-cap Backtested Returns
At this stage we consider Tiaa-cref Mutual Fund to be very steady. Tiaa-cref Large-cap owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.19, which indicates the fund had a 0.19% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Tiaa Cref Large Cap Value, which you can use to evaluate the volatility of the fund. Please validate Tiaa-cref Large-cap's Coefficient Of Variation of 533.57, risk adjusted performance of 0.1415, and Semi Deviation of 0.2547 to confirm if the risk estimate we provide is consistent with the expected return of 0.12%. The entity has a beta of -0.01, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Tiaa-cref Large-cap are expected to decrease at a much lower rate. During the bear market, Tiaa-cref Large-cap is likely to outperform the market.
Auto-correlation | 0.70 |
Good predictability
Tiaa Cref Large Cap Value has good predictability. Overlapping area represents the amount of predictability between Tiaa-cref Large-cap time series from 10th of June 2023 to 6th of March 2024 and 6th of March 2024 to 1st of December 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 Large-cap price movement. The serial correlation of 0.7 indicates that around 70.0% of current Tiaa-cref Large-cap price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.7 | |
| Spearman Rank Test | 0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 1.29 |
Tiaa-cref Large-cap lagged returns against current returns
Autocorrelation, which is Tiaa-cref Large-cap 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 Large-cap's mutual fund expected returns. We can calculate the autocorrelation of Tiaa-cref Large-cap returns to help us make a trade decision. For example, suppose you find that Tiaa-cref Large-cap 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 Large-cap 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 Large-cap mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tiaa-cref Large-cap 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 Large-cap mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Tiaa-cref Large-cap Lagged Returns
When evaluating Tiaa-cref Large-cap's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tiaa-cref Large-cap mutual fund have on its future price. Tiaa-cref Large-cap 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 Large-cap autocorrelation shows the relationship between Tiaa-cref Large-cap mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Tiaa Cref Large Cap Value.
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 Large-cap 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 Large-cap security.
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