Tiaa Cref High Yield Fund Market Value

TIYRX Fund  USD 8.91  0.01  0.11%   
Tiaa-cref High-yield's market value is the price at which a share of Tiaa-cref High-yield trades on a public exchange. It measures the collective expectations of Tiaa Cref High Yield Fund investors about its performance. Tiaa-cref High-yield is trading at 8.91 as of the 30th of January 2025; that is 0.11 percent up since the beginning of the trading day. The fund's open price was 8.9.
With this module, you can estimate the performance of a buy and hold strategy of Tiaa Cref High Yield Fund and determine expected loss or profit from investing in Tiaa-cref High-yield over a given investment horizon. Check out Tiaa-cref High-yield Correlation, Tiaa-cref High-yield Volatility and Tiaa-cref High-yield Alpha and Beta module to complement your research on Tiaa-cref High-yield.
Symbol

Please note, there is a significant difference between Tiaa-cref High-yield's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tiaa-cref High-yield is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tiaa-cref High-yield's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Tiaa-cref High-yield '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 High-yield'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 High-yield.
0.00
03/12/2023
No Change 0.00  0.0 
In 1 year 10 months and 22 days
01/30/2025
0.00
If you would invest  0.00  in Tiaa-cref High-yield on March 12, 2023 and sell it all today you would earn a total of 0.00 from holding Tiaa Cref High Yield Fund or generate 0.0% return on investment in Tiaa-cref High-yield over 690 days. Tiaa-cref High-yield is related to or competes with Pace High, Prudential High, Mesirow Financial, and Gmo High. The fund invests primarily in lower-rated, higher-yielding fixed-income securities, such as domestic and foreign corpora... More

Tiaa-cref High-yield 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 High-yield'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 High Yield Fund upside and downside potential and time the market with a certain degree of confidence.

Tiaa-cref High-yield Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Tiaa-cref High-yield's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tiaa-cref High-yield's standard deviation. In reality, there are many statistical measures that can use Tiaa-cref High-yield historical prices to predict the future Tiaa-cref High-yield's volatility.
Hype
Prediction
LowEstimatedHigh
8.708.909.10
Details
Intrinsic
Valuation
LowRealHigh
7.978.179.79
Details
Naive
Forecast
LowNextHigh
8.718.929.12
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
8.748.848.93
Details

Tiaa-cref High-yield Backtested Returns

At this stage we consider Tiaa-cref Mutual Fund to be very steady. Tiaa-cref High-yield 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-six technical indicators for Tiaa Cref High Yield Fund, which you can use to evaluate the volatility of the fund. Please validate Tiaa-cref High-yield's Downside Deviation of 0.2405, risk adjusted performance of 0.0975, and Standard Deviation of 0.2029 to confirm if the risk estimate we provide is consistent with the expected return of 0.0304%. The entity has a beta of 0.0072, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Tiaa-cref High-yield's returns are expected to increase less than the market. However, during the bear market, the loss of holding Tiaa-cref High-yield is expected to be smaller as well.

Auto-correlation

    
  0.78  

Good predictability

Tiaa Cref High Yield Fund has good predictability. Overlapping area represents the amount of predictability between Tiaa-cref High-yield time series from 12th of March 2023 to 20th of February 2024 and 20th of February 2024 to 30th of January 2025. 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 High-yield price movement. The serial correlation of 0.78 indicates that around 78.0% of current Tiaa-cref High-yield price fluctuation can be explain by its past prices.
Correlation Coefficient0.78
Spearman Rank Test0.82
Residual Average0.0
Price Variance0.05

Tiaa-cref High-yield lagged returns against current returns

Autocorrelation, which is Tiaa-cref High-yield 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 High-yield's mutual fund expected returns. We can calculate the autocorrelation of Tiaa-cref High-yield returns to help us make a trade decision. For example, suppose you find that Tiaa-cref High-yield 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 High-yield 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 High-yield mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tiaa-cref High-yield 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 High-yield mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Tiaa-cref High-yield Lagged Returns

When evaluating Tiaa-cref High-yield's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tiaa-cref High-yield mutual fund have on its future price. Tiaa-cref High-yield 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 High-yield autocorrelation shows the relationship between Tiaa-cref High-yield mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Tiaa Cref High Yield Fund.
   Regressed Prices   
       Timeline  

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Other Information on Investing in Tiaa-cref Mutual Fund

Tiaa-cref High-yield 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 High-yield security.
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