Tiaa Cref Small Cap Equity Fund Market Value
| TISEX Fund | USD 22.18 0.05 0.23% |
| Symbol | Tiaa-cref |
Tiaa-cref Small-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 Small-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 Small-cap.
| 05/06/2024 |
| 12/02/2024 |
If you would invest 0.00 in Tiaa-cref Small-cap on May 6, 2024 and sell it all today you would earn a total of 0.00 from holding Tiaa Cref Small Cap Equity or generate 0.0% return on investment in Tiaa-cref Small-cap over 210 days. Tiaa-cref Small-cap is related to or competes with Vanguard Small-cap, Vanguard Small, Vanguard Small-cap, Vanguard Small-cap, Fidelity Small, Us Small, and T Rowe. Under normal circumstances, the fund invests at least 80 percent of its assets in small-cap equity securities More
Tiaa-cref Small-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 Small-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 Small Cap Equity upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.14 | |||
| Information Ratio | 0.0278 | |||
| Maximum Drawdown | 7.58 | |||
| Value At Risk | (1.67) | |||
| Potential Upside | 2.05 |
Tiaa-cref Small-cap Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tiaa-cref Small-cap's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tiaa-cref Small-cap's standard deviation. In reality, there are many statistical measures that can use Tiaa-cref Small-cap historical prices to predict the future Tiaa-cref Small-cap's volatility.| Risk Adjusted Performance | 0.1072 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | 0.0314 | |||
| Treynor Ratio | 0.1094 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Tiaa-cref Small-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 Small-cap Backtested Returns
Tiaa-cref Small-cap appears to be very steady, given 3 months investment horizon. Tiaa-cref Small-cap owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.17, which indicates the fund had a 0.17% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Tiaa Cref Small Cap Equity, which you can use to evaluate the volatility of the fund. Please review Tiaa-cref Small-cap's Risk Adjusted Performance of 0.1072, coefficient of variation of 740.69, and Semi Deviation of 0.92 to confirm if our risk estimates are consistent with your expectations. The entity has a beta of 1.49, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Tiaa-cref Small-cap will likely underperform.
Auto-correlation | 0.42 |
Average predictability
Tiaa Cref Small Cap Equity has average predictability. Overlapping area represents the amount of predictability between Tiaa-cref Small-cap time series from 6th of May 2024 to 19th of August 2024 and 19th of August 2024 to 2nd 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 Small-cap price movement. The serial correlation of 0.42 indicates that just about 42.0% of current Tiaa-cref Small-cap price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.42 | |
| Spearman Rank Test | 0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 0.68 |
Tiaa-cref Small-cap lagged returns against current returns
Autocorrelation, which is Tiaa-cref Small-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 Small-cap's mutual fund expected returns. We can calculate the autocorrelation of Tiaa-cref Small-cap returns to help us make a trade decision. For example, suppose you find that Tiaa-cref Small-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 Small-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 Small-cap mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tiaa-cref Small-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 Small-cap mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Tiaa-cref Small-cap Lagged Returns
When evaluating Tiaa-cref Small-cap's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tiaa-cref Small-cap mutual fund have on its future price. Tiaa-cref Small-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 Small-cap autocorrelation shows the relationship between Tiaa-cref Small-cap mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Tiaa Cref Small Cap Equity.
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 Small-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 Small-cap security.
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