Nuveen Global Competition

Summary

Nuveen Global Growth competes with T Rowe, Dreyfus/standish, Commonwealth Global, Kinetics Global, and Scharf Global; as well as few others. The fund is listed under null category and is part of null family. Analyzing Nuveen Global 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 Global to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Correlation Analysis to better understand how to build diversified portfolios. 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 metropolitan statistical area.

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 Global competition on your existing holdings.

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Nuveen Global Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Nuveen Global 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 Global Growth does not affect the price movement of the other competitor.

	PAGLX	DSDYX	CNGLX	KGLCX	WRLDX	MGKAX	FSBCX	MFIRX
PAGLX		-0.4	0.44	0.66	0.81	0.69	0.89	0.35	PAGLX
DSDYX	-0.4		0.01	-0.55	-0.17	-0.15	-0.05	0.58	DSDYX
CNGLX	0.44	0.01		0.19	0.55	0.57	0.58	0.19	CNGLX
KGLCX	0.66	-0.55	0.19		0.74	0.66	0.53	0.06	KGLCX
WRLDX	0.81	-0.17	0.55	0.74		0.89	0.88	0.38	WRLDX
MGKAX	0.69	-0.15	0.57	0.66	0.89		0.74	0.23	MGKAX
FSBCX	0.89	-0.05	0.58	0.53	0.88	0.74		0.55	FSBCX
MFIRX	0.35	0.58	0.19	0.06	0.38	0.23	0.55		MFIRX
	PAGLX	DSDYX	CNGLX	KGLCX	WRLDX	MGKAX	FSBCX	MFIRX

Click cells to compare fundamentals

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High positive correlations

FSBCX	+ 0.89	PAGLX
MGKAX	+ 0.89	WRLDX
FSBCX	+ 0.88	WRLDX
WRLDX	+ 0.81	PAGLX
WRLDX	+ 0.74	KGLCX
FSBCX	+ 0.74	MGKAX

High negative correlations

KGLCX	- 0.55	DSDYX
DSDYX	- 0.4	PAGLX
WRLDX	- 0.17	DSDYX
MGKAX	- 0.15	DSDYX
FSBCX	- 0.05	DSDYX

Risk-Adjusted Indicators

There is a big difference between Nuveen Mutual Fund performing well and Nuveen Global 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 Nuveen Global'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
PAGLX	0.52	(0.03)	(0.08)	0.09	0.67	(0.55)	1.14	(1.28)	3.68
DSDYX	0.16	0.00	(0.65)	(0.05)	0.15	(0.19)	0.38	(0.24)	0.92
CNGLX	0.54	(0.01)	(0.17)	2.15	0.77	(0.52)	1.04	(1.18)	3.68
KGLCX	1.07	0.38	0.32	0.51	0.57	(1.29)	3.14	(1.32)	7.99
WRLDX	0.49	(0.02)	(0.13)	0.09	0.45	(0.55)	0.92	(0.97)	2.75
MGKAX	0.72	(0.06)	(0.10)	0.05	0.89	(0.68)	1.39	(1.20)	3.63
FSBCX	0.36	(0.03)	(0.18)	0.06	0.45	(0.37)	0.75	(0.85)	2.09
MFIRX	0.09	0.01	(0.51)	0.28	0.00	(0.23)	0.19	(0.19)	0.76

Unable to evaluate fundamental data of [PAGLX, DSDYX, CNGLX, KGLCX, WRLDX, MGKAX, FSBCX, MFIRX] at this time. Please try again later

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Nuveen Global Competitive Analysis

The better you understand Nuveen Global competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Nuveen Global'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 Global'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

	PAGLX	DSDYX	CNGLX	KGLCX	WRLDX	MGKAX	FSBCX	MFIRX
	0.56 43.40 PAGLX	0.38 20.86 Dreyfus/standish	0.37 21.65 Commonwealth	0.54 16.46 Kinetics	0.24 38.29 Scharf	0.29 13.73 Morgan	0.50 20.10 FEDERATED	0.19 5.27 MFIRX
Market Volatility (90 Days Market Risk)	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady
Market Performance (90 Days Performance)	Good	Weak	Insignificant	Very Strong	OK	OK	OK	OK
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Low	Low	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Fairly Valued	Over Valued	Over Valued	Under Valued	Fairly Valued	Fairly Valued	Fairly Valued	Over Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Strong Hold	Sell	Sell	Strong Buy	Buy	Strong Hold	Strong Hold	Strong Sell
Net Asset	345.56 M	3.45 B	16.49 M	14.27 M	26.32 M	10.29 M	297.92 M	794.17 M
Minimum Initial Investment	N/A	N/A	200	N/A	10 K	N/A	1.5 K	N/A
Price To Book	2.98 X	N/A	1.50 X	1.27 X	2.16 X	N/A	1.79 X	N/A
Five Year Return	10.63 %	1.84 %	6.03 %	23.56 %	8.95 %	10.54 %	4.75 %	2.61 %
One Year Return	25.39 %	9.00 %	17.63 %	95.38 %	17.80 %	20.99 %	15.99 %	9.93 %
Last Dividend Paid	N/A	0.02	N/A	N/A	0.23	0.04	0.02	0.01
Price To Earning	21.29 X	N/A	16.70 X	14.64 X	17.75 X	N/A	14.47 X	N/A
Price To Sales	2.15 X	N/A	1.10 X	1.08 X	2.00 X	N/A	1.22 X	N/A
Cash Position Weight	N/A	10.13 %	0.85 %	49.56 %	3.74 %	1.95 %	6.01 %	8.67 %
Equity Positions Weight	99.68 %	N/A	99.15 %	43.26 %	96.04 %	96.98 %	63.92 %	N/A
Three Year Return	(0.88) %	0.81 %	1.13 %	21.35 %	5.27 %	2.05 %	0.76 %	2.46 %
Annual Yield	0.0007 %	0 %	N/A	0.01 %	0.01 %	N/A	0.01 %	0 %
Year To Date Return	20.59 %	4.68 %	11.04 %	89.77 %	11.44 %	11.95 %	10.12 %	6.32 %
Bond Positions Weight	N/A	37.99 %	N/A	N/A	N/A	N/A	27.03 %	44.23 %
Ten Year Return	11.66 %	4.01 %	3.61 %	6.35 %	N/A	N/A	5.33 %	5.58 %
Day Typical Price	43.4	20.86	21.65	16.46	38.29	13.73	20.1	5.27
Daily Balance Of Power	9.2 T	9.2 T	(9,223,372,036,855)	(9,223,372,036,855)	9.2 T	9.2 T	9.2 T	9.2 T
Period Momentum Indicator	0.24	0.08	(0.08)	(0.09)	0.09	0.04	0.1	0.01
Rate Of Daily Change	1.01	1.0	1.0	0.99	1.0	1.0	1.01	1.0
Day Median Price	43.4	20.86	21.65	16.46	38.29	13.73	20.1	5.27
Price Action Indicator	0.12	0.04	(0.04)	(0.04)	0.045	0.02	0.05	0.005
Relative Strength Index	63.46	49.2	64.15	89.9	63.21	57.71	67.2	57.72
Coefficient Of Variation	959.31	1926.2	27441.92	281.45	911.42	2103.33	1160.33	699.69
Mean Deviation	0.5172	0.1631	0.5379	1.07	0.4861	0.7177	0.3633	0.0949
Jensen Alpha	(0.03)	0.0015	(0.01)	0.3751	(0.02)	(0.06)	(0.03)	0.0056
Total Risk Alpha	(0.05)	(0.03)	(0.13)	0.2606	(0.04)	(0.11)	(0.05)	(0.01)
Sortino Ratio	(0.08)	(0.65)	(0.17)	0.3244	(0.13)	(0.10)	(0.18)	(0.51)
Downside Variance	0.6125	0.0384	0.6442	1.32	0.2975	0.9069	0.2835	0.0523
Standard Deviation	0.7023	0.2003	0.7392	1.44	0.5942	0.8793	0.4737	0.1425
Kurtosis	1.74	0.0083	1.48	1.48	(0.14)	(0.15)	0.3741	1.16
Potential Upside	1.14	0.385	1.04	3.14	0.9237	1.39	0.7541	0.1923
Treynor Ratio	0.0901	(0.05)	2.15	0.5092	0.0888	0.0467	0.0622	0.2801
Maximum Drawdown	3.68	0.9162	3.68	7.99	2.75	3.63	2.09	0.7634
Variance	0.4932	0.0401	0.5465	2.06	0.353	0.7731	0.2244	0.0203
Market Risk Adjusted Performance	0.1001	(0.04)	2.16	0.5192	0.0988	0.0567	0.0722	0.2901
Risk Adjusted Performance	0.0788	0.0115	0.0024	0.2763	0.081	0.0377	0.0597	0.0656
Skewness	(0.55)	(0.11)	(0.20)	0.5798	0.0853	0.0921	(0.32)	0.2893
Semi Deviation	0.6747	0.1526	0.7745	0.5711	0.4521	0.8938	0.4496	0.0
Information Ratio	(0.09)	(0.63)	(0.18)	0.2595	(0.12)	(0.11)	(0.20)	(0.82)
Value At Risk	(1.28)	(0.24)	(1.18)	(1.32)	(0.97)	(1.20)	(0.85)	(0.19)
Expected Short fall	(0.55)	(0.19)	(0.52)	(1.29)	(0.55)	(0.68)	(0.37)	(0.23)
Downside Deviation	0.7826	0.1959	0.8026	1.15	0.5455	0.9523	0.5324	0.2288
Semi Variance	0.4553	0.0233	0.5998	0.3261	0.2044	0.7989	0.2021	(0.01)

Nuveen Global Competition Performance Charts

Five steps to successful analysis of Nuveen Global Competition

Nuveen Global'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 Global Growth in relation to its competition. Nuveen Global's competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of Nuveen Global 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 Global's competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Nuveen Global Growth, 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 Global position

In addition to having Nuveen Global 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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Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Construction theme has 61 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 Construction Theme or any other thematic opportunities.

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Check out Correlation Analysis to better understand how to build diversified portfolios. 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 metropolitan statistical area.

You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

Other Consideration for investing in Nuveen Mutual Fund

If you are still planning to invest in Nuveen Global Growth check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Nuveen Global's history and understand the potential risks before investing.

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