Nuveen Core Competition
| NCPB Etf | 25.22 0.01 0.04% |
Nuveen Core vs American Century Correlation
Very poor diversification
The correlation between Nuveen Core Plus and CATF is 0.89 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Nuveen Core Plus and CATF in the same portfolio, assuming nothing else is changed.
Moving together with Nuveen Etf
| 0.85 | IUSB | iShares Core Total Sell-off Trend | PairCorr |
| 0.88 | FIXD | First Trust TCW | PairCorr |
| 0.75 | FBND | Fidelity Total Bond | PairCorr |
| 0.85 | TOTL | SPDR DoubleLine Total | PairCorr |
| 0.86 | BNDS | Series Portfolios Trust | PairCorr |
Moving against Nuveen Etf
Nuveen Core Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Nuveen Core and its competitors represents the degree of relationship between the price movements of corresponding etfs. 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 Core Plus does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Nuveen Core Competition Risk-Adjusted Indicators
There is a big difference between Nuveen Etf performing well and Nuveen Core ETF 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 Core'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| META | 1.63 | (0.12) | 0.00 | (0.07) | 0.00 | 3.43 | 13.36 | |||
| MSFT | 1.22 | (0.37) | 0.00 | (2.30) | 0.00 | 1.78 | 13.28 | |||
| UBER | 1.46 | (0.27) | 0.00 | (0.31) | 0.00 | 2.46 | 10.23 | |||
| F | 1.23 | 0.05 | 0.04 | 0.09 | 1.22 | 3.38 | 7.16 | |||
| T | 0.96 | 0.04 | 0.01 | 0.21 | 1.04 | 1.85 | 3.77 | |||
| A | 1.20 | (0.17) | 0.00 | (0.08) | 0.00 | 2.90 | 7.85 | |||
| CRM | 1.54 | (0.31) | 0.00 | (0.26) | 0.00 | 2.94 | 12.37 | |||
| JPM | 1.09 | 0.02 | (0.02) | (0.11) | 1.67 | 1.88 | 7.38 | |||
| MRK | 1.28 | 0.33 | 0.23 | 0.52 | 1.13 | 3.59 | 8.09 | |||
| XOM | 1.10 | 0.29 | 0.19 | 15.60 | 1.03 | 2.38 | 5.82 |
Nuveen Core Competitive Analysis
The better you understand Nuveen Core competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Nuveen Core'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 Core'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 |
Nuveen Core Competition Performance Charts
Five steps to successful analysis of Nuveen Core Competition
Nuveen Core'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 Core Plus in relation to its competition. Nuveen Core's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Nuveen Core 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 Core's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Nuveen Core Plus, 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.
Complement your Nuveen Core position
In addition to having Nuveen Core 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.Did You Try This Idea?
Run Cancer Fighters Thematic Idea Now
Cancer Fighters
Biotech and medical diagnostic companies that work on researching drugs or manufacturing of medical and therapeutics equipment that is directly related to the research, treatment, and detection of cancer or cancer related diseases. The Cancer Fighters theme has 60 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 Cancer Fighters Theme or any other thematic opportunities.
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Check out Nuveen Core Correlation with its peers. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
The market value of Nuveen Core Plus is measured differently than its book value, which is the value of Nuveen that is recorded on the company's balance sheet. Investors also form their own opinion of Nuveen Core's value that differs from its market value or its book value, called intrinsic value, which is Nuveen Core's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nuveen Core's market value can be influenced by many factors that don't directly affect Nuveen Core's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
It's important to distinguish between Nuveen Core's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Nuveen Core should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Meanwhile, Nuveen Core's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.