Tiaa Cref Mid Cap Value Fund Market Value
TRVPX Fund | USD 17.81 0.25 1.42% |
Symbol | Tiaa-cref |
Tiaa-cref Mid-cap '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 Mid-cap'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 Mid-cap.
01/28/2024 |
| 03/28/2024 |
If you would invest 0.00 in Tiaa-cref Mid-cap on January 28, 2024 and sell it all today you would earn a total of 0.00 from holding Tiaa Cref Mid Cap Value or generate 0.0% return on investment in Tiaa-cref Mid-cap over 60 days. Tiaa-cref Mid-cap is related to or competes with Fidelity Low-priced, Vanguard Mid-cap, John Hancock, John Hancock, Vanguard Mid, Jpmorgan Mid, and Jpmorgan Mid. Under normal circumstances, the fund invests at least 80 percent of its assets in mid-cap equity securities More
Tiaa-cref Mid-cap 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 Mid-cap'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 Mid Cap Value upside and downside potential and time the market with a certain degree of confidence.
Downside Deviation | 0.8181 | |||
Information Ratio | (0.04) | |||
Maximum Drawdown | 3.17 | |||
Value At Risk | (1.28) | |||
Potential Upside | 1.1 |
Tiaa-cref Mid-cap Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tiaa-cref Mid-cap's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tiaa-cref Mid-cap's standard deviation. In reality, there are many statistical measures that can use Tiaa-cref Mid-cap historical prices to predict the future Tiaa-cref Mid-cap's volatility.Risk Adjusted Performance | 0.0858 | |||
Jensen Alpha | 0.1376 | |||
Total Risk Alpha | (0.06) | |||
Sortino Ratio | (0.03) | |||
Treynor Ratio | (0.30) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Tiaa-cref Mid-cap'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 Mid-cap Value Backtested Returns
We consider Tiaa-cref Mid-cap very steady. Tiaa-cref Mid-cap Value owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.16, which indicates the fund had a 0.16% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Tiaa Cref Mid Cap Value, which you can use to evaluate the volatility of the fund. Please validate Tiaa-cref Mid-cap's Risk Adjusted Performance of 0.0858, semi deviation of 0.652, and Coefficient Of Variation of 664.24 to confirm if the risk estimate we provide is consistent with the expected return of 0.11%. The entity has a beta of -0.33, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Tiaa-cref Mid-cap are expected to decrease at a much lower rate. During the bear market, Tiaa-cref Mid-cap is likely to outperform the market.
Auto-correlation | 0.75 |
Good predictability
Tiaa Cref Mid Cap Value has good predictability. Overlapping area represents the amount of predictability between Tiaa-cref Mid-cap time series from 28th of January 2024 to 27th of February 2024 and 27th of February 2024 to 28th of March 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 Mid-cap Value price movement. The serial correlation of 0.75 indicates that around 75.0% of current Tiaa-cref Mid-cap price fluctuation can be explain by its past prices.
Correlation Coefficient | 0.75 | |
Spearman Rank Test | 0.73 | |
Residual Average | 0.0 | |
Price Variance | 0.05 |
Tiaa-cref Mid-cap Value lagged returns against current returns
Autocorrelation, which is Tiaa-cref Mid-cap 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 Mid-cap's mutual fund expected returns. We can calculate the autocorrelation of Tiaa-cref Mid-cap returns to help us make a trade decision. For example, suppose you find that Tiaa-cref Mid-cap 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 Mid-cap 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 Mid-cap mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tiaa-cref Mid-cap 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 Mid-cap mutual fund over time.
Current vs Lagged Prices |
Timeline |
Tiaa-cref Mid-cap Lagged Returns
When evaluating Tiaa-cref Mid-cap's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tiaa-cref Mid-cap mutual fund have on its future price. Tiaa-cref Mid-cap 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 Mid-cap autocorrelation shows the relationship between Tiaa-cref Mid-cap mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Tiaa Cref Mid Cap Value.
Regressed Prices |
Timeline |
Currently Active Assets on Macroaxis
Check out Tiaa-cref Mid-cap Correlation, Tiaa-cref Mid-cap Volatility and Tiaa-cref Mid-cap Alpha and Beta module to complement your research on Tiaa-cref Mid-cap. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Complementary Tools for Tiaa-cref Mutual Fund analysis
When running Tiaa-cref Mid-cap's price analysis, check to measure Tiaa-cref Mid-cap's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tiaa-cref Mid-cap is operating at the current time. Most of Tiaa-cref Mid-cap's value examination focuses on studying past and present price action to predict the probability of Tiaa-cref Mid-cap's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tiaa-cref Mid-cap's price. Additionally, you may evaluate how the addition of Tiaa-cref Mid-cap to your portfolios can decrease your overall portfolio volatility.
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