Tiaa Cref International Opportunities Fund Market Value
| TIOIX Fund | USD 15.03 0.14 0.94% |
| Symbol | Tiaa-cref |
Tiaa-cref International '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 International'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 International.
| 01/17/2024 |
| 04/16/2024 |
If you would invest 0.00 in Tiaa-cref International on January 17, 2024 and sell it all today you would earn a total of 0.00 from holding Tiaa Cref International Opportunities or generate 0.0% return on investment in Tiaa-cref International over 90 days. Tiaa-cref International is related to or competes with Tiaa-cref Emerging, Tiaa Cref, Tiaa-cref Emerging, Tiaa-cref Emerging, Tiaa Cref, Tiaa Cref, and Tiaa Cref. The fund primarily invests in equity securities of issuers in developed and emerging markets located around the world bu... More
Tiaa-cref International 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 International'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 International Opportunities upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.991 | |||
| Information Ratio | 0.0055 | |||
| Maximum Drawdown | 3.55 | |||
| Value At Risk | (1.31) | |||
| Potential Upside | 1.41 |
Tiaa-cref International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tiaa-cref International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tiaa-cref International's standard deviation. In reality, there are many statistical measures that can use Tiaa-cref International historical prices to predict the future Tiaa-cref International's volatility.| Risk Adjusted Performance | 0.0523 | |||
| Jensen Alpha | 0.0518 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0048 | |||
| Treynor Ratio | 0.5357 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Tiaa-cref International's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Tiaa Cref International Backtested Returns
We consider Tiaa-cref International very steady. Tiaa Cref International owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates the fund had a 0.13% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Tiaa Cref International Opportunities, which you can use to evaluate the volatility of the fund. Please validate Tiaa-cref International's Semi Deviation of 0.8462, risk adjusted performance of 0.0523, and Coefficient Of Variation of 1263.36 to confirm if the risk estimate we provide is consistent with the expected return of 0.11%. The entity has a beta of 0.11, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Tiaa-cref International's returns are expected to increase less than the market. However, during the bear market, the loss of holding Tiaa-cref International is expected to be smaller as well.
Auto-correlation | -0.19 |
Insignificant reverse predictability
Tiaa Cref International Opportunities has insignificant reverse predictability. Overlapping area represents the amount of predictability between Tiaa-cref International time series from 17th of January 2024 to 2nd of March 2024 and 2nd of March 2024 to 16th of April 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 International price movement. The serial correlation of -0.19 indicates that over 19.0% of current Tiaa-cref International price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.19 | |
| Spearman Rank Test | -0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Tiaa Cref International lagged returns against current returns
Autocorrelation, which is Tiaa-cref International 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 International's mutual fund expected returns. We can calculate the autocorrelation of Tiaa-cref International returns to help us make a trade decision. For example, suppose you find that Tiaa-cref International 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 International 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 International mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tiaa-cref International 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 International mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Tiaa-cref International Lagged Returns
When evaluating Tiaa-cref International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tiaa-cref International mutual fund have on its future price. Tiaa-cref International 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 International autocorrelation shows the relationship between Tiaa-cref International mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Tiaa Cref International Opportunities.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Tiaa-cref International in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Tiaa-cref International's short interest history, or implied volatility extrapolated from Tiaa-cref International options trading.
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Check out Tiaa-cref International Correlation, Tiaa-cref International Volatility and Tiaa-cref International Alpha and Beta module to complement your research on Tiaa-cref International. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Tiaa-cref International technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.