Tiaa Cref Correlations

TRCPX Fund

USD 22.83 0.29 1.29%

The current 90-days correlation between Tiaa Cref Large and T Rowe Price is -0.01 (i.e., Good diversification). The correlation of Tiaa Cref 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 Correlation With Market

Very poor diversification

The correlation between Tiaa Cref Large Cap Value and DJI is 0.8 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Tiaa Cref Large Cap Value 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 Large Cap Value. 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 Mutual Fund

0.92	TFIHX	Tiaa Cref Lifecycle	Pair Corr
0.85	TFTIX	Tiaa Cref Lifecycle	Pair Corr
0.64	TIBNX	Tiaa Cref Intl	Pair Corr
0.7	TICHX	Tiaa Cref Social	Pair Corr
0.8	TIHPX	Tiaa-cref High-yield	Pair Corr
0.78	TIHYX	Tiaa-cref High-yield	Pair Corr
0.93	TIMIX	Tiaa Cref Managed	Pair Corr
0.64	TIMVX	Tiaa-cref Mid-cap	Pair Corr
0.9	TIOSX	Tiaa Cref International	Pair Corr
0.89	TIOPX	Tiaa Cref International	Pair Corr
0.75	TIREX	Tiaa Cref Real	Pair Corr
0.82	TIYRX	Tiaa Cref High	Pair Corr

Related Correlations Analysis

	TBLSX	MRMTX	RRPPX	JLAEX	JABKX	SMSDX	ATTIX
TBLSX		0.89	0.83	0.83	0.9	0.77	0.9	TBLSX
MRMTX	0.89		0.89	0.91	0.98	0.84	0.96	MRMTX
RRPPX	0.83	0.89		0.99	0.94	0.98	0.82	RRPPX
JLAEX	0.83	0.91	0.99		0.95	0.97	0.84	JLAEX
JABKX	0.9	0.98	0.94	0.95		0.88	0.95	JABKX
SMSDX	0.77	0.84	0.98	0.97	0.88		0.75	SMSDX
ATTIX	0.9	0.96	0.82	0.84	0.95	0.75		ATTIX
	TBLSX	MRMTX	RRPPX	JLAEX	JABKX	SMSDX	ATTIX

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Tiaa Mutual Fund performing well and Tiaa Cref 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'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.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
TBLSX	0.35	(0.02)	0.00	0.14	0.00	0.00	0.70	(0.80)	2.14
MRMTX	0.34	(0.02)	0.00	(0.09)	0.00	0.00	0.68	(0.68)	2.47
RRPPX	0.36	0.03	0.09	0.04	0.45	(0.41)	0.63	(0.69)	1.82
JLAEX	0.24	0.01	0.10	0.02	0.29	(0.29)	0.52	(0.52)	1.32
JABKX	0.31	0.00	0.06	(0.03)	0.41	(0.37)	0.64	(0.54)	1.75
SMSDX	0.23	0.02	0.13	0.05	0.27	(0.26)	0.43	(0.51)	1.30
ATTIX	0.34	(0.02)	0.00	(0.08)	0.00	0.00	0.63	(0.87)	1.93

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Tiaa Cref Correlations

Tiaa Cref Correlation With Market

Very poor diversification

Moving together with Tiaa Mutual Fund

Related Correlations Analysis

Risk-Adjusted Indicators

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY