Tiaa Cref Real Estate Fund Market Value
| TRRPX Fund | USD 15.93 0.04 0.25% |
| Symbol | Tiaa-cref |
Tiaa-cref Real '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 Real'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 Real.
| 03/26/2024 |
| 04/25/2024 |
If you would invest 0.00 in Tiaa-cref Real on March 26, 2024 and sell it all today you would earn a total of 0.00 from holding Tiaa Cref Real Estate or generate 0.0% return on investment in Tiaa-cref Real over 30 days. Tiaa-cref Real is related to or competes with Guggenheim Risk, Guggenheim Risk, Guggenheim Risk, and Lazard Global. The fund invests at least 80 percent of its assets in the securities of companies that are principally engaged in or rel... More
Tiaa-cref Real 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 Real'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 Real Estate upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 6.38 | |||
| Value At Risk | (1.85) | |||
| Potential Upside | 1.51 |
Tiaa-cref Real Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tiaa-cref Real's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tiaa-cref Real's standard deviation. In reality, there are many statistical measures that can use Tiaa-cref Real historical prices to predict the future Tiaa-cref Real's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.22) | |||
| Total Risk Alpha | (0.25) | |||
| Treynor Ratio | (0.07) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Tiaa-cref Real'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 Real Backtested Returns
Tiaa Cref Real owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0772, which indicates the fund had a -0.0772% return per unit of risk over the last 3 months. Tiaa Cref Real Estate exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tiaa-cref Real's Risk Adjusted Performance of (0.05), coefficient of variation of (1,231), and Variance of 1.26 to confirm the risk estimate we provide. The entity has a beta of 1.37, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Tiaa-cref Real will likely underperform.
Auto-correlation | 0.49 |
Average predictability
Tiaa Cref Real Estate has average predictability. Overlapping area represents the amount of predictability between Tiaa-cref Real time series from 26th of March 2024 to 10th of April 2024 and 10th of April 2024 to 25th 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 Real price movement. The serial correlation of 0.49 indicates that about 49.0% of current Tiaa-cref Real price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.49 | |
| Spearman Rank Test | 0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.08 |
Tiaa Cref Real lagged returns against current returns
Autocorrelation, which is Tiaa-cref Real 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 Real's mutual fund expected returns. We can calculate the autocorrelation of Tiaa-cref Real returns to help us make a trade decision. For example, suppose you find that Tiaa-cref Real 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 Real 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 Real mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tiaa-cref Real 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 Real mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Tiaa-cref Real Lagged Returns
When evaluating Tiaa-cref Real's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tiaa-cref Real mutual fund have on its future price. Tiaa-cref Real 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 Real autocorrelation shows the relationship between Tiaa-cref Real mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Tiaa Cref Real Estate.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Check out Tiaa-cref Real Correlation, Tiaa-cref Real Volatility and Tiaa-cref Real Alpha and Beta module to complement your research on Tiaa-cref Real. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Tiaa-cref Real 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.