Tiaa-cref Lifecycle Correlations

Mutual Funds . USA . 
Fund . Tiaa Cref Lifecycle Index
TTIHX Fund  USD 26.20  0.22  0.85%   
The current 90-days correlation between Tiaa Cref Lifecycle and Tiaa Cref Emerging Markets is 0.46 (i.e., Very weak 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 0.55 (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 rate.

Moving together with Tiaa-cref Mutual Fund

  0.68TEDNX Tiaa Cref EmergingPairCorr
  0.68TEDLX Tiaa Cref EmergingPairCorr
  0.68TEDHX Tiaa Cref EmergingPairCorr
  0.67TEDVX Tiaa Cref EmergingPairCorr
  0.68TEDTX Tiaa Cref EmergingPairCorr
  0.68TEDPX Tiaa Cref EmergingPairCorr
  0.73TEIHX Tiaa Cref EquityPairCorr
  0.82TEMLX Tiaa Cref EmergingPairCorr
  0.82TEMHX Tiaa Cref EmergingPairCorr
  0.82TEMVX Tiaa Cref EmergingPairCorr
  0.82TEMRX Tiaa Cref EmergingPairCorr
  0.82TEMSX Tiaa Cref EmergingPairCorr
  0.82TEMPX Tiaa Cref EmergingPairCorr
  0.83TENWX Tiaa Cref EmergingPairCorr
  0.83TEQLX Tiaa Cref EmergingPairCorr
  0.83TEQKX Tiaa Cref EmergingPairCorr
  0.83TEQHX Tiaa Cref EmergingPairCorr
  0.72TEQWX Tiaa Cref EquityPairCorr
  0.83TEQSX Tiaa Cref EmergingPairCorr
  0.83TEQPX Tiaa Cref EmergingPairCorr
  0.89TFITX Tiaa Cref LifecyclePairCorr
  0.89TFIRX Tiaa Cref LifecyclePairCorr
  0.88TFIPX Tiaa Cref LifecyclePairCorr
  1.0TFIHX Tiaa Cref LifecyclePairCorr
  0.81TFTIX Tiaa Cref LifecyclePairCorr
  0.82TFTHX Tiaa Cref LifecyclePairCorr
  0.73THCVX Tiaa-cref Large-capPairCorr
  0.61TIBEX Tiaa Cref IntlPairCorr
  0.74TIBNX Tiaa Cref IntlPairCorr
  0.63TIBLX Tiaa Cref IntlPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

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.
Mean DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
TEDNX  0.16  0.02  0.18  0.23  0.07 
(0.20)
 0.24 
(0.24)
 0.93 
TEDLX  0.17  0.02  0.18  0.22  0.10 
(0.20)
 0.35 
(0.23)
 0.94 
TEDHX  0.17  0.02  0.18  0.24  0.08 
(0.22)
 0.35 
(0.23)
 0.93 
TEDVX  0.17  0.02  0.20  0.23  0.03 
(0.22)
 0.35 
(0.23)
 1.05 
TEDTX  0.16  0.02  0.17  0.22  0.08 
(0.21)
 0.35 
(0.23)
 0.94 
TEDPX  0.17  0.02  0.16  0.22  0.10 
(0.23)
 0.35 
(0.23)
 1.17 
TEIHX  0.66 (0.03) 0.00 (0.08) 0.00 
 0.00 
 1.10 
(1.54)
 3.97 
TEMLX  0.68 (0.01) 0.00 (0.05) 0.00 
 0.00 
 1.30 
(1.75)
 4.08 
TEMHX  0.70 (0.01) 0.00 (0.05) 0.00 
 0.00 
 1.30 
(1.75)
 4.21 
TEMVX  0.70  0.00  0.00 (0.03) 0.00 
 0.00 
 1.39 
(1.75)
 4.07 

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
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY