Nuveen Multi Competition

Funds . USA . 
Fund . Nuveen Multi Mrkt
JMM Fund  USD 6.04  0.03  0.50%   
Nuveen Multi Mrkt competes with Invesco High, MFS Investment, Eaton Vance, Abrdn Emerging, and Aberdeen Global; as well as few others. The fund is not classified under any group at the present time. Analyzing Nuveen Multi competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Nuveen Multi to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Nuveen Multi Correlation with its peers.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Nuveen Multi competition on your existing holdings.
  
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Hype
Prediction
LowEstimatedHigh
5.396.046.69
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Intrinsic
Valuation
LowRealHigh
5.305.956.60
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Nuveen Multi Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Nuveen Multi and its competitors represents the degree of relationship between the price movements of corresponding funds. A correlation of about +1.0 implies that the price of Nuveen and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Nuveen Multi Mrkt does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
AIF
+ 0.96
CBH
CBH
+ 0.95
IHTA
CBH
+ 0.92
JHAA
AIF
+ 0.9
IHTA
AIF
+ 0.87
JHAA
JHAA
+ 0.81
IHTA
  
High negative correlations   
AGD
- 0.65
IHIT
IHIT
- 0.63
EOT
AEF
- 0.62
IHIT
IHIT
- 0.59
IHTA
DMF
- 0.5
CBH
DMF
- 0.49
JHAA

Risk-Adjusted Indicators

There is a big difference between Nuveen Fund performing well and Nuveen Multi 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 Nuveen Multi'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
IHTA  0.24  0.05 (0.13) 2.32  0.26 
(0.30)
 0.68 
(0.28)
 2.03 
JHAA  0.15  0.02 (0.46)(5.18) 0.00 
(0.20)
 0.33 
(0.22)
 0.96 
CBH  0.13  0.03 (0.40) 0.96  0.00 
(0.18)
 0.22 
(0.22)
 0.78 
CXH  0.32  0.03 (0.20)(0.09) 0.42 
(0.34)
 0.62 
(0.74)
 2.10 
EOT  0.35  0.00 (0.25) 0.04  0.42 
(0.41)
 0.75 
(0.87)
 2.08 
IHIT  0.46 (0.05) 0.00 (1.26) 0.00 
 0.00 
 1.07 
(1.18)
 2.70 
AIF  0.45  0.13  0.04  1.78  0.27 
(0.51)
 1.11 
(0.83)
 2.81 
AEF  0.91 (0.06) 0.00 (0.06) 0.00 
 0.00 
 2.29 
(2.08)
 6.33 
AGD  0.52 (0.03)(0.14) 0.05  0.58 
(0.59)
 0.91 
(0.99)
 2.64 
DMF  0.44  0.01 (0.16)(0.21) 0.64 
(0.45)
 0.84 
(1.10)
 3.35 
All Fundamental Data

Nuveen Multi Competitive Analysis

The better you understand Nuveen Multi competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Nuveen Multi's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Nuveen Multi's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
JMM IHTA JHAA CBH CXH EOT IHIT AIF AEF AGD
 0.50 
 6.04 
Nuveen
 0.13 
 7.54 
Invesco
 0.21 
 9.39 
Nuveen
 0.00 
 9.19 
CBH
 0.25 
 8.11 
MFS
 0.93 
 17.05 
Eaton
 1.19 
 7.45 
IHIT
 0.27 
 14.82 
Apollo
 0.38 
 5.21 
Abrdn
 0.1 
 10.17 
Aberdeen
Market Volatility
(90 Days Market Risk)
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Not too volatile
Very steady
Market Performance
(90 Days Performance)
Very Weak
Good
Very Weak
Very Weak
Insignificant
Weak
Very Weak
Very Weak
Very Weak
Insignificant
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Low
Dangerous
Low
Very Low
About Average
Below Average
Dangerous
Very Low
Low
Current Valuation
(Equity Enterprise Value)
Fairly Valued
Fairly Valued
Over Valued
Over Valued
Over Valued
Fairly Valued
Fairly Valued
Over Valued
Fairly Valued
Fairly Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Strong Sell
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Sell
Strong Hold
Not Rated
Not Rated
Cautious Hold
Hold
Not Rated
Not Rated
Strong Hold
Strong Hold
Current Ratio
0.16
N/A
N/A
N/A
1.92
N/A
6.3
0.25
0.05
0.52
Net Asset
N/A
N/A
N/A
N/A
114.47 M
333.19 M
N/A
91.4 M
345.22 M
N/A
Profit Margin
174.17
N/A
N/A
N/A
0.29
N/A
67.2
-116.72
3.05
-86.5
EBITDA
N/A
N/A
N/A
N/A
1.57 M
14.56 M
N/A
N/A
32.12 M
N/A
Price To Book
0.71
N/A
N/A
N/A
0.96
0.93
1.02
0.88
0.85
0.76
Operating Margin
70.7
N/A
N/A
N/A
0.84
N/A
87.3
74.34
0.66
78.83
Current Valuation
86.07 M
N/A
N/A
N/A
111.25 M
N/A
277.89 M
295.67 M
300.08 M
116.27 M
Five Year Return
0.75
-0.92
N/A
5.41
4.75
4.26
-1.39
5.49
N/A
7.33
Retained Earnings
N/A
N/A
N/A
N/A
(9.58 M)
(9.51 M)
N/A
N/A
(99.17 M)
N/A
One Year Return
10.13
9.43
5.29
5.34
N/A
N/A
-14.37
12.73
N/A
14.79
Beta
0.41
N/A
N/A
N/A
0.59
0.42
0.24
0.6
0.99
1.07
Shares Outstanding
9.46 M
8.78 M
7.83 M
18.26 M
8.2 M
15.62 M
24.1 M
14.46 M
50.75 M
12.55 M
Three Year Return
-0.47
-3.01
2.69
2.63
N/A
N/A
-1.61
5.01
N/A
2.59
Cash Flow From Operations
3.83 M
N/A
N/A
N/A
11.84 M
11.08 M
8.29 M
15.55 M
2.98 M
N/A
Annual Yield
0.0092
0.0047
0.0052
0.0046
0.0372
0.0503
0.005
0.0056
0.0768
0.0146
Total Debt
23.53 M
N/A
N/A
N/A
43.77 M
40.7 M
80 M
120.74 M
35 M
7.06 M
Return On Equity
8.73
N/A
N/A
N/A
0.0216
-4.49
5.76
-10.88
0.0824
-5.03
Return On Asset
1.57
N/A
N/A
N/A
0.0225
N/A
3.42
2.51
0.0085
2.71
Number Of Shares Shorted
1.18 K
4.07 K
320
1.4 K
22.5 K
36.5 K
19.24 K
8.04 K
7.25 K
45.08 K
Book Value Per Share
7.82
N/A
N/A
N/A
8.46
N/A
8.25
14.09
6.12
12.88
Total Asset
N/A
N/A
N/A
N/A
114.47 M
333.19 M
N/A
79.75 M
345.22 M
N/A
Last Dividend Paid
0.36
0.4
0.3
0.55
0.28
N/A
0.42
1.38
0.38
0.78
Debt To Equity
0.32
N/A
N/A
N/A
0.62
N/A
0.36
0.59
0.17
0.049
Short Ratio
0.16
0.17
0.03
0.06
1.43
1.12
0.28
0.12
0.34
0.89
Shares Owned By Institutions
62.28
26.65
13.77
27.37
37.47
16.17
22.55
50.62
76.08
41.64
Market Capitalization
59.9 M
56.35 M
64.59 M
135.47 M
66.66 M
270.78 M
194.25 M
213.49 M
265.43 M
137.04 M
Price To Earning
8.88
24.68
23.26
6.39
14.99
N/A
15.69
9.76
4.86
2.39
Price To Sales
14.44
N/A
N/A
N/A
12.41
18.12
10.81
8.61
31.98
13.83
Net Income
6.32 M
N/A
N/A
N/A
1.57 M
14.56 M
12.66 M
(24.32 M)
29.13 M
(7.69 M)
Earnings Per Share
0.67
0.31
0.39
1.37
0.26
0.93
-1.73
1.27
0.5
4.09
Shares Owned By Insiders
N/A
N/A
N/A
N/A
0.09
N/A
N/A
N/A
N/A
0.01
Year To Date Return
4.76
6.07
5.68
2.77
N/A
N/A
N/A
6.11
N/A
8.95
Revenue
3.63 M
N/A
N/A
N/A
1.86 M
10.21 M
18.85 M
20.84 M
30.08 M
8.89 M
Cash And Equivalents
1.6 K
N/A
N/A
N/A
1.98 K
N/A
1.02 M
3.55 M
1.81 M
478.12 K
Cash Per Share
N/A
N/A
N/A
N/A
N/A
N/A
0.04
0.25
0.04
0.04
Gross Profit
3.63 M
N/A
N/A
N/A
5.1 M
N/A
18.85 M
20.62 M
11.68 M
12.21 M
Day Typical Price
6.03
7.54
9.39
9.19
8.11
17.11
7.48
14.84
5.22
10.18
Accumulation Distribution
26.39
0.0013
0.0032
N/A
142.91
0.0133
0.0132
0.006
373.67
2119.25
Market Facilitation Index
0.0
0.01
0.03
N/A
0.0
0.23
0.1
0.09
N/A
0.0
Daily Balance Of Power
0.6
(1.00)
0.6667
0.0
(0.29)
(0.70)
(0.90)
(0.44)
(0.67)
0.0769
Period Momentum Indicator
0.03
(0.01)
0.02
N/A
(0.02)
(0.16)
(0.09)
(0.04)
(0.02)
0.01
Rate Of Daily Change
1.0
1.0
1.0
1.0
1.0
0.99
0.99
1.0
1.0
1.0
Day Median Price
6.03
7.55
9.39
9.19
8.12
17.15
7.5
14.85
5.23
10.18
Price Action Indicator
0.03
(0.01)
0.015
N/A
(0.01)
(0.18)
(0.1)
(0.04)
(0.03)
(0.01)
Coefficient Of Variation
(3,167)
590.89
578.83
346.3
1982.02
5081.29
(1,709)
380.15
(13,107)
1794.46
Mean Deviation
0.476
0.2426
0.1476
0.1328
0.3233
0.3502
0.4554
0.4549
0.9087
0.5232
Jensen Alpha
(0.03)
0.0495
0.0233
0.0324
0.0273
0.0019
(0.05)
0.1348
(0.06)
(0.03)
Total Risk Alpha
(0.13)
(0)
(0.01)
0.0117
(0.05)
(0.07)
(0.14)
0.0533
(0.21)
(0.07)
Sortino Ratio
N/A
(0.13)
(0.46)
(0.40)
(0.20)
(0.25)
N/A
0.0414
N/A
(0.14)
Downside Variance
N/A
0.2661
0.0437
0.0426
0.2769
0.2315
N/A
0.3877
N/A
0.428
Standard Deviation
0.6476
0.3675
0.1899
0.1628
0.4269
0.4606
0.6195
0.587
1.25
0.6305
Kurtosis
1.72
4.81
0.2372
0.0815
0.7372
(0.02)
0.9576
0.1308
0.9776
(0.50)
Potential Upside
0.9885
0.6821
0.3264
0.225
0.6211
0.7493
1.07
1.11
2.29
0.9082
Treynor Ratio
0.7233
2.32
(5.18)
0.9567
(0.09)
0.0397
(1.26)
1.78
(0.06)
0.0521
Maximum Drawdown
3.69
2.03
0.9641
0.7835
2.1
2.08
2.7
2.81
6.33
2.64
Variance
0.4194
0.1351
0.0361
0.0265
0.1823
0.2121
0.3838
0.3446
1.57
0.3975
Market Risk Adjusted Performance
0.7333
2.33
(5.17)
0.9667
(0.08)
0.0497
(1.25)
1.79
(0.05)
0.0621
Risk Adjusted Performance
(0.03)
0.1185
0.1018
0.1838
0.0307
0.0084
(0.05)
0.198
(0)
0.0405
Skewness
(0.33)
(1.02)
0.1925
(0.51)
(0.55)
(0.08)
(0.28)
0.0482
0.3323
(0.34)
Semi Deviation
N/A
0.2625
0.0
0.0
0.4205
0.4209
N/A
0.2711
N/A
0.5843
Information Ratio
(0.23)
(0.18)
(0.50)
(0.50)
(0.25)
(0.26)
(0.27)
0.0439
(0.11)
(0.15)
Value At Risk
(0.99)
(0.28)
(0.22)
(0.22)
(0.74)
(0.87)
(1.18)
(0.83)
(2.08)
(0.99)
Expected Short fall
N/A
(0.30)
(0.20)
(0.18)
(0.34)
(0.41)
N/A
(0.51)
N/A
(0.59)
Downside Deviation
N/A
0.5159
0.2091
0.2065
0.5262
0.4811
N/A
0.6226
N/A
0.6542
Semi Variance
N/A
0.0689
(0.01)
(0.03)
0.1768
0.1772
N/A
0.0735
N/A
0.3414

Nuveen Multi Competition Performance Charts

Five steps to successful analysis of Nuveen Multi Competition

Nuveen Multi's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Nuveen Multi Mrkt in relation to its competition. Nuveen Multi's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Nuveen Multi in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Nuveen Multi's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Nuveen Multi Mrkt, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Nuveen Multi position

In addition to having Nuveen Multi in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Air
Air Theme
Companies specializing in air services and air delivery. The Air theme has 42 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Air Theme or any other thematic opportunities.
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Other Information on Investing in Nuveen Fund

Nuveen Multi financial ratios help investors to determine whether Nuveen Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Nuveen with respect to the benefits of owning Nuveen Multi security.
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