Tiaa Cref Intl Small Cap Fund Market Value
| TLISX Fund | USD 10.89 0.07 0.64% |
| Symbol | Tiaa-cref |
Tiaa-cref Intl '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 Intl'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 Intl.
| 04/15/2024 |
| 05/15/2024 |
If you would invest 0.00 in Tiaa-cref Intl on April 15, 2024 and sell it all today you would earn a total of 0.00 from holding Tiaa Cref Intl Small Cap or generate 0.0% return on investment in Tiaa-cref Intl over 30 days. Tiaa-cref Intl is related to or competes with HUMANA, Barloworld, Morningstar Unconstrained, High-yield Municipal, Thrivent High, Via Renewables, and American Century. Under normal circumstances, the fund invests at least 80 percent of its assets in small-cap equity securities of foreign... More
Tiaa-cref Intl 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 Intl'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 Intl Small Cap upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7676 | |||
| Information Ratio | (0.0002) | |||
| Maximum Drawdown | 3.07 | |||
| Value At Risk | (1.23) | |||
| Potential Upside | 1.17 |
Tiaa-cref Intl Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tiaa-cref Intl's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tiaa-cref Intl's standard deviation. In reality, there are many statistical measures that can use Tiaa-cref Intl historical prices to predict the future Tiaa-cref Intl's volatility.| Risk Adjusted Performance | 0.0734 | |||
| Jensen Alpha | 0.0661 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.0002) | |||
| Treynor Ratio | 0.8285 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Tiaa-cref Intl'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 Intl Backtested Returns
We consider Tiaa-cref Intl very steady. Tiaa Cref Intl owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.12, which indicates the fund had a 0.12% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Tiaa Cref Intl Small Cap, which you can use to evaluate the volatility of the fund. Please validate Tiaa-cref Intl's Coefficient Of Variation of 859.08, risk adjusted performance of 0.0734, and Semi Deviation of 0.6245 to confirm if the risk estimate we provide is consistent with the expected return of 0.0784%. The entity has a beta of 0.0875, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Tiaa-cref Intl's returns are expected to increase less than the market. However, during the bear market, the loss of holding Tiaa-cref Intl is expected to be smaller as well.
Auto-correlation | 0.42 |
Average predictability
Tiaa Cref Intl Small Cap has average predictability. Overlapping area represents the amount of predictability between Tiaa-cref Intl time series from 15th of April 2024 to 30th of April 2024 and 30th of April 2024 to 15th of May 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 Intl price movement. The serial correlation of 0.42 indicates that just about 42.0% of current Tiaa-cref Intl price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.42 | |
| Spearman Rank Test | 0.59 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Tiaa Cref Intl lagged returns against current returns
Autocorrelation, which is Tiaa-cref Intl 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 Intl's mutual fund expected returns. We can calculate the autocorrelation of Tiaa-cref Intl returns to help us make a trade decision. For example, suppose you find that Tiaa-cref Intl 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 |
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Tiaa-cref Intl 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 Intl mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tiaa-cref Intl 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 Intl mutual fund over time.
Current vs Lagged Prices |
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Tiaa-cref Intl Lagged Returns
When evaluating Tiaa-cref Intl's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tiaa-cref Intl mutual fund have on its future price. Tiaa-cref Intl 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 Intl autocorrelation shows the relationship between Tiaa-cref Intl mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Tiaa Cref Intl Small Cap.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Check out Tiaa-cref Intl Correlation, Tiaa-cref Intl Volatility and Tiaa-cref Intl Alpha and Beta module to complement your research on Tiaa-cref Intl. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Tiaa-cref Intl 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.