Tiaa Cref Mid Cap Growth Fund Market Value
| TRGMX Fund | USD 21.58 0.05 0.23% |
| Symbol | Tiaa-cref |
Tiaa-cref Mid-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 Mid-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 Mid-cap.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Tiaa-cref Mid-cap on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Tiaa Cref Mid Cap Growth or generate 0.0% return on investment in Tiaa-cref Mid-cap over 30 days. Tiaa-cref Mid-cap is related to or competes with Tiaa-cref Emerging, Tiaa-cref Emerging, Tiaa-cref Emerging, Tiaa-cref Emerging, Tiaa-cref Emerging, Tiaa-cref Emerging, and Tiaa-cref Equity. Under normal circumstances, the fund invests at least 80 percent of its assets in mid-cap equity securities More
Tiaa-cref Mid-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 Mid-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 Mid Cap Growth upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.1 | |||
| Information Ratio | 0.0301 | |||
| Maximum Drawdown | 4.93 | |||
| Value At Risk | (1.69) | |||
| Potential Upside | 1.91 |
Tiaa-cref Mid-cap Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tiaa-cref Mid-cap's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tiaa-cref Mid-cap's standard deviation. In reality, there are many statistical measures that can use Tiaa-cref Mid-cap historical prices to predict the future Tiaa-cref Mid-cap's volatility.| Risk Adjusted Performance | 0.129 | |||
| Jensen Alpha | 0.0199 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0278 | |||
| Treynor Ratio | 0.1459 |
Tiaa-cref Mid-cap Backtested Returns
Tiaa-cref Mid-cap appears to be very steady, given 3 months investment horizon. Tiaa-cref Mid-cap owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.21, which indicates the fund had a 0.21% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Tiaa Cref Mid Cap Growth, which you can use to evaluate the volatility of the fund. Please review Tiaa-cref Mid-cap's Coefficient Of Variation of 603.95, risk adjusted performance of 0.129, and Semi Deviation of 0.8861 to confirm if our risk estimates are consistent with your expectations. The entity has a beta of 1.08, which indicates a somewhat significant risk relative to the market. Tiaa-cref Mid-cap returns are very sensitive to returns on the market. As the market goes up or down, Tiaa-cref Mid-cap is expected to follow.
Auto-correlation | 0.98 |
Excellent predictability
Tiaa Cref Mid Cap Growth has excellent predictability. Overlapping area represents the amount of predictability between Tiaa-cref Mid-cap time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 Mid-cap price movement. The serial correlation of 0.98 indicates that 98.0% of current Tiaa-cref Mid-cap price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.98 | |
| Spearman Rank Test | 0.93 | |
| Residual Average | 0.0 | |
| Price Variance | 0.24 |
Tiaa-cref Mid-cap lagged returns against current returns
Autocorrelation, which is Tiaa-cref Mid-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 Mid-cap's mutual fund expected returns. We can calculate the autocorrelation of Tiaa-cref Mid-cap returns to help us make a trade decision. For example, suppose you find that Tiaa-cref Mid-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 Mid-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 Mid-cap mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tiaa-cref Mid-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 Mid-cap mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Tiaa-cref Mid-cap Lagged Returns
When evaluating Tiaa-cref Mid-cap's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tiaa-cref Mid-cap mutual fund have on its future price. Tiaa-cref Mid-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 Mid-cap autocorrelation shows the relationship between Tiaa-cref Mid-cap mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Tiaa Cref Mid Cap Growth.
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 Mid-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 Mid-cap security.
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