TIAA-CREF Small-Cap Variance
| TSCWX Fund | | | USD 19.59 -0.04 -0.20% |
The Variance lookup presents technical context for TIAA Cref Small Cap Equity and related instruments. Availability can vary by instrument;
Equity Screeners offers additional screening access. TIAA-CREF Small-Cap has a market cap of 3.13 B.
World Market Map can help frame allocation decisions. The allocation includes a position in TIAA Cref Small Cap Equity within the allocation view. 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 persons.
TIAA Cref Small Cap Equity has current Variance of 1.92. Variance is another measure of security risk that shows the amount of dispersion of equity returns around their mean value. Variance is calculated as the average squared deviations from the mean. Evaluating a set of investment alternatives one can use variance to help determine the volatility when purchasing a specific security. Similar to Standard Deviation, the variance is a measure of how far a set of numbers is spread out around its mean.
Variance | = | SUM(RET DEV)2N |
| = | 1.92 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
TIAA-CREF Small-Cap Variance Peers Comparison
TIAA-CREF Variance Relative To Other Indicators
TIAA Cref Small Cap Equity ranks first in variance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
4.60 of Maximum Drawdown per Variance. At
4.60 , TIAA Cref Small Cap Equity's Maximum Drawdown-to-Variance multiple reflects the spread between these metrics
Variance is also a measure of stock volatility and can help determine the risk an investor might take on when purchasing a specific security. A relatively big variance indicates that the daily prices or returns are far from the mean and a small variance indicates that they are located around the mean.
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