Tiaa-cref Lifecycle Correlations

TLVPX Fund  USD 21.65  0.09  0.41%   
The current 90-days correlation between Tiaa Cref Lifecycle and Fidelity Series Government is 0.01 (i.e., Significant diversification). The correlation of Tiaa-cref Lifecycle is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.

Tiaa-cref Lifecycle Correlation With Market

Very weak diversification

The correlation between Tiaa Cref Lifecycle Index and DJI is 0.45 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Tiaa Cref Lifecycle Index and DJI in the same portfolio, assuming nothing else is changed.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tiaa Cref Lifecycle Index. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

Moving together with Tiaa-cref Mutual Fund

  0.61TEIHX Tiaa Cref EquityPairCorr
  0.72TEMLX Tiaa Cref EmergingPairCorr
  0.66TEMHX Tiaa Cref EmergingPairCorr
  0.7TEMVX Tiaa Cref EmergingPairCorr
  0.66TEMRX Tiaa Cref EmergingPairCorr
  0.72TEMSX Tiaa Cref EmergingPairCorr
  0.72TEMPX Tiaa Cref EmergingPairCorr
  0.67TEQWX Tiaa Cref EquityPairCorr
  0.71TFITX Tiaa Cref LifecyclePairCorr
  0.71TFIRX Tiaa Cref Lifecycle Potential GrowthPairCorr
  0.71TFIPX Tiaa Cref Lifecycle Potential GrowthPairCorr
  0.7TFIHX Tiaa Cref LifecyclePairCorr
  0.91TFTIX Tiaa Cref LifecyclePairCorr
  0.87TFTHX Tiaa Cref LifecyclePairCorr
  0.73TGIHX Tiaa Cref GrowthPairCorr
  0.68TGIWX Tiaa Cref GrowthPairCorr
  0.75TGRKX Tiaa Cref GreenPairCorr
  0.7TGRNX Tiaa Cref GreenPairCorr
  0.72TGROX Tiaa Cref GreenPairCorr
  0.76TGRLX Tiaa Cref GreenPairCorr
  0.71TGRMX Tiaa Cref GreenPairCorr
  0.87THCVX Tiaa-cref Large-capPairCorr
  0.71TIBDX Tiaa Cref BondPairCorr
  0.75TIBFX Tiaa Cref BondPairCorr

Related Correlations Analysis

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Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.
High positive correlations   
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RGVJXFHNFX
DNCGXBIGLX
VSIGXBIGLX
BIGLXFHNFX
  
High negative correlations   
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DVPXXVSIGX
RGVJXPBMXX
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VSIGXPBMXX
RGVJXWABXX

Risk-Adjusted Indicators

There is a big difference between Tiaa-cref Mutual Fund performing well and Tiaa-cref Lifecycle Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Tiaa-cref Lifecycle's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.