Tiaa-cref Short-term Correlations
| TESHX Fund | USD 9.70 0.01 0.10% |
The correlation of Tiaa-cref Short-term 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 |
Moving together with Tiaa-cref Mutual Fund
| 0.84 | TEDNX | Tiaa Cref Emerging | PairCorr |
| 0.83 | TEDLX | Tiaa Cref Emerging | PairCorr |
| 0.83 | TEDHX | Tiaa Cref Emerging | PairCorr |
| 0.84 | TEDVX | Tiaa Cref Emerging | PairCorr |
| 0.84 | TEDTX | Tiaa Cref Emerging | PairCorr |
| 0.83 | TEDPX | Tiaa Cref Emerging | PairCorr |
| 0.62 | TEIHX | Tiaa Cref Equity | PairCorr |
| 0.73 | TEMLX | Tiaa Cref Emerging | PairCorr |
| 0.73 | TEMHX | Tiaa Cref Emerging | PairCorr |
| 0.74 | TEMVX | Tiaa Cref Emerging | PairCorr |
| 0.72 | TEMRX | Tiaa Cref Emerging | PairCorr |
| 0.73 | TEMSX | Tiaa Cref Emerging | PairCorr |
| 0.73 | TEMPX | Tiaa Cref Emerging | PairCorr |
| 0.73 | TENWX | Tiaa Cref Emerging | PairCorr |
| 0.73 | TEQLX | Tiaa Cref Emerging | PairCorr |
| 0.73 | TEQKX | Tiaa Cref Emerging | PairCorr |
| 0.73 | TEQHX | Tiaa Cref Emerging | PairCorr |
| 0.62 | TEQWX | Tiaa Cref Equity | PairCorr |
| 0.73 | TEQSX | Tiaa Cref Emerging | PairCorr |
| 0.73 | TEQPX | Tiaa Cref Emerging | PairCorr |
| 0.66 | TFITX | Tiaa Cref Lifecycle | PairCorr |
| 0.66 | TFIRX | Tiaa Cref Lifecycle | PairCorr |
| 0.66 | TFIPX | Tiaa Cref Lifecycle | PairCorr |
| 0.66 | TFIHX | Tiaa Cref Lifecycle | PairCorr |
| 0.64 | TFTIX | Tiaa Cref Lifecycle | PairCorr |
| 0.64 | TFTHX | Tiaa Cref Lifecycle | PairCorr |
| 0.61 | TGIHX | Tiaa Cref Growth | PairCorr |
| 0.62 | TGIWX | Tiaa Cref Growth | PairCorr |
| 0.87 | TGRKX | Tiaa Cref Green | PairCorr |
| 0.88 | TGRNX | Tiaa Cref Green | PairCorr |
| 0.87 | TGROX | Tiaa Cref Green | PairCorr |
| 0.87 | TGRLX | Tiaa Cref Green | PairCorr |
| 0.87 | TGRMX | Tiaa Cref Green | PairCorr |
| 0.62 | THCVX | Tiaa-cref Large-cap | PairCorr |
| 0.89 | TIBDX | Tiaa Cref Bond | PairCorr |
| 0.89 | TIBEX | Tiaa Cref Intl | PairCorr |
| 0.9 | TIBFX | Tiaa Cref Bond | PairCorr |
| 0.88 | TIBNX | Tiaa Cref Intl | PairCorr |
| 0.88 | TIBLX | Tiaa Cref Intl | PairCorr |
Related Correlations Analysis
| 0.73 | 0.99 | 0.94 | 0.76 | 0.73 | 0.7 | SMYIX | ||
| 0.73 | 0.72 | 0.84 | 0.62 | 0.58 | 0.55 | SGICX | ||
| 0.99 | 0.72 | 0.95 | 0.75 | 0.78 | 0.76 | FSBKX | ||
| 0.94 | 0.84 | 0.95 | 0.76 | 0.74 | 0.72 | GWOAX | ||
| 0.76 | 0.62 | 0.75 | 0.76 | 0.74 | 0.69 | PEIEX | ||
| 0.73 | 0.58 | 0.78 | 0.74 | 0.74 | 1.0 | DHGAX | ||
| 0.7 | 0.55 | 0.76 | 0.72 | 0.69 | 1.0 | DHGCX | ||
Risk-Adjusted Indicators
There is a big difference between Tiaa-cref Mutual Fund performing well and Tiaa-cref Short-term 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 Short-term'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 Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SMYIX | 0.53 | 0.03 | 0.03 | 0.09 | 0.71 | 1.16 | 3.46 | |||
| SGICX | 0.40 | 0.03 | 0.01 | 0.10 | 0.45 | 0.87 | 2.54 | |||
| FSBKX | 0.37 | 0.02 | (0.01) | 0.09 | 0.49 | 0.81 | 2.25 | |||
| GWOAX | 0.57 | 0.03 | 0.03 | 0.09 | 0.64 | 1.22 | 3.52 | |||
| PEIEX | 0.59 | 0.05 | 0.03 | 0.12 | 0.80 | 1.36 | 4.26 | |||
| DHGAX | 0.12 | 0.02 | (0.28) | 0.85 | 0.00 | 0.25 | 0.73 | |||
| DHGCX | 0.11 | 0.01 | (0.29) | 0.56 | 0.00 | 0.25 | 0.71 |