Tiaa Cref Correlations

Mutual Funds . USA . 
Fund . Tiaa Cref Emerging Markets
TEDNX Fund  USD 8.76  0.02  0.23%   
The current 90-days correlation between Tiaa Cref Emerging and Tiaa Cref Emerging Markets is 0.95 (i.e., Almost no diversification). The correlation of Tiaa Cref is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.

Tiaa Cref Correlation With Market

Average diversification

The correlation between Tiaa Cref Emerging Markets and DJI is 0.13 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Tiaa Cref Emerging Markets and DJI in the same portfolio, assuming nothing else is changed.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tiaa Cref Emerging Markets. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Moving together with Tiaa Mutual Fund

  1.0TEDLX Tiaa Cref EmergingPairCorr
  1.0TEDHX Tiaa Cref EmergingPairCorr
  1.0TEDVX Tiaa Cref EmergingPairCorr
  1.0TEDTX Tiaa Cref EmergingPairCorr
  1.0TEDPX Tiaa Cref EmergingPairCorr
  0.94TEIHX Tiaa Cref EquityPairCorr
  0.92TEMLX Tiaa Cref EmergingPairCorr
  0.95TEMHX Tiaa Cref EmergingPairCorr
  0.95TEMVX Tiaa Cref EmergingPairCorr
  0.95TEMRX Tiaa Cref EmergingPairCorr
  0.92TEMSX Tiaa Cref EmergingPairCorr
  0.92TEMPX Tiaa Cref EmergingPairCorr
  0.92TENWX Tiaa Cref EmergingPairCorr
  0.92TEQLX Tiaa Cref EmergingPairCorr
  0.95TEQKX Tiaa Cref EmergingPairCorr
  0.95TEQHX Tiaa Cref EmergingPairCorr
  0.9TEQWX Tiaa Cref EquityPairCorr
  0.92TEQSX Tiaa Cref EmergingPairCorr
  0.92TEQPX Tiaa Cref EmergingPairCorr
  0.84TESHX Tiaa-cref Short-termPairCorr
  0.9TFITX Tiaa Cref LifecyclePairCorr
  0.9TFIRX Tiaa Cref LifecyclePairCorr
  0.9TFIPX Tiaa Cref LifecyclePairCorr
  0.9TFIHX Tiaa Cref LifecyclePairCorr
  0.9TFTIX Tiaa Cref LifecyclePairCorr
  0.9TFTHX Tiaa Cref LifecyclePairCorr
  0.9TGIHX Tiaa Cref GrowthPairCorr
  0.94TGIWX Tiaa Cref GrowthPairCorr
  0.88TGRKX Tiaa Cref GreenPairCorr
  0.85TGRNX Tiaa Cref GreenPairCorr
  0.85TGROX Tiaa Cref GreenPairCorr
  0.88TGRLX Tiaa Cref GreenPairCorr
  0.85TGRMX Tiaa Cref GreenPairCorr
  0.89THCVX Tiaa-cref Large-capPairCorr
  0.73TIBDX Tiaa Cref BondPairCorr
  0.93TIBEX Tiaa Cref IntlPairCorr
  0.76TIBFX Tiaa Cref BondPairCorr
  0.93TIBNX Tiaa Cref IntlPairCorr
  0.93TIBLX Tiaa Cref IntlPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Tiaa Mutual Fund performing well and Tiaa Cref Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Tiaa Cref's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Mean DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
TEDNX  0.26  0.04 (0.04) 1.33  0.38 
(0.31)
 0.59 
(0.61)
 1.79 
TEDLX  0.26  0.04 (0.05) 0.95  0.38 
(0.31)
 0.69 
(0.73)
 1.71 
TEDHX  0.26  0.04 (0.05) 1.01  0.40 
(0.30)
 0.59 
(0.73)
 1.79 
TEDVX  0.26  0.04 (0.04) 1.04  0.38 
(0.31)
 0.60 
(0.73)
 1.72 
TEDTX  0.26  0.04 (0.05) 1.25  0.37 
(0.31)
 0.59 
(0.61)
 1.80 
TEDPX  0.26  0.04 (0.05) 0.88  0.42 
(0.30)
 0.48 
(0.73)
 1.80 
TEIHX  0.95  0.15  0.04  1.17  1.50 
(0.96)
 2.08 
(2.10)
 7.96 
TEMLX  0.83  0.12  0.04  0.36  1.29 
(0.94)
 2.44 
(2.48)
 5.32 
TEMHX  0.85  0.14  0.04  3.40  1.30 
(0.97)
 2.56 
(2.47)
 5.44 
TEMVX  0.84  0.14  0.04  2.75  1.26 
(0.96)
 2.43 
(2.47)
 5.30 

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2025 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY