Macroaxis considers TIAA CREF to be not too volatile. TIAA CREF Mid
retains Efficiency (Sharpe Ratio) of -0.0595 which indicates the organization had -0.0595% of return per unit of risk over the last 2 months. Macroaxis philosophy towards measuring risk of any fund is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators
. TIAA CREF exposes twenty-one different technical indicators
which can help you to evaluate volatility that cannot be diversified away. Please be advised to validate TIAA CREF Mid Cap Value Fund Re Risk Adjusted Performance
of (0.049247) to confirm risk estimate we provide. The entity owns Beta (Systematic Risk) of 1.256 which indicates as market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, TIAA CREF will likely underperform. Even though it is essential to pay attention to TIAA CREF Mid existing price patterns, it is always good to be careful when utilizing equity price patterns. Macroaxis philosophy towards measuring future performance of any fund is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. TIAA CREF exposes twenty-one different technical indicators which can help you to evaluate its performance.
Very good reverse predictability
TIAA CREF Mid Cap Value Fund Re has very good reverse predictability. Overlapping area represents the amount of predictability between TIAA CREF time series from June 19, 2019 to July 19, 2019 and July 19, 2019 to August 18, 2019. 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 price movement. The serial correlation of -0.66 indicates that around 66.0% of current TIAA CREF price fluctuation can be explain by its past prices. Given that TIAA CREF Mid Cap Value Fund Re has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of TIAA CREF for similar time interval.