Nuveen Real Correlations
| FARCX Fund | USD 14.94 0.02 0.13% |
The current 90-days correlation between Nuveen Real Estate and Janus Flexible Bond is 0.16 (i.e., Average diversification). The correlation of Nuveen Real 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.
Nuveen Real Correlation With Market
Modest diversification
The correlation between Nuveen Real Estate and DJI is 0.27 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Nuveen Real Estate and DJI in the same portfolio, assuming nothing else is changed.
Nuveen |
Moving together with Nuveen Mutual Fund
| 0.74 | O | Realty Income | PairCorr |
| 0.85 | FR | First Industrial Realty | PairCorr |
| 0.83 | HR | Healthcare Realty Trust | PairCorr |
| 0.92 | KW | Kennedy Wilson Holdings | PairCorr |
| 0.79 | UE | Urban Edge Properties | PairCorr |
| 0.89 | WY | Weyerhaeuser Earnings Call This Week | PairCorr |
| 0.62 | AHT-PF | Ashford Hospitality Trust | PairCorr |
| 0.61 | AHT-PG | Ashford Hospitality Trust | PairCorr |
| 0.81 | ADC-PA | Agree Realty | PairCorr |
| 0.64 | VNO-PL | Vornado Realty Trust | PairCorr |
| 0.7 | VNO-PM | Vornado Realty Trust | PairCorr |
| 0.61 | VNO-PO | Vornado Realty Trust | PairCorr |
| 0.93 | VICI | VICI Properties | PairCorr |
| 0.9 | ELME | Elme Communities | PairCorr |
| 0.78 | EPRT | Essential Properties | PairCorr |
| 0.75 | WELL | Welltower | PairCorr |
| 0.83 | ESBA | Empire State Realty | PairCorr |
| 0.88 | ESRT | Empire State Realty | PairCorr |
| 0.65 | WHLR | Wheeler Real Estate | PairCorr |
| 0.83 | EXPI | eXp World Holdings | PairCorr |
Moving against Nuveen Mutual Fund
| 0.64 | MITT-PC | AG Mortgage Investment | PairCorr |
| 0.46 | DX | Dynex Capital | PairCorr |
| 0.38 | CDR-PC | Cedar Realty Trust | PairCorr |
| 0.31 | AHR | American Healthcare REIT, | PairCorr |
Related Correlations Analysis
| 0.47 | 0.66 | -0.25 | 0.77 | JFLEX | ||
| 0.47 | 0.0 | -0.3 | 0.19 | FISGX | ||
| 0.66 | 0.0 | -0.14 | 0.9 | AEPFX | ||
| -0.25 | -0.3 | -0.14 | -0.11 | PCRIX | ||
| 0.77 | 0.19 | 0.9 | -0.11 | MWTIX | ||
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Correlation Matchups
Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Nuveen Mutual Fund performing well and Nuveen Real 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 Real'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| JFLEX | 0.25 | (0.02) | 0.00 | (0.46) | 0.00 | 0.65 | 1.63 | |||
| FISGX | 0.87 | 0.07 | 0.05 | 0.18 | 1.17 | 1.78 | 8.20 | |||
| AEPFX | 0.60 | (0.13) | 0.00 | (1.59) | 0.00 | 0.98 | 4.98 | |||
| PCRIX | 0.65 | 0.06 | 0.05 | 6.40 | 0.74 | 1.68 | 3.31 | |||
| MWTIX | 0.28 | (0.05) | 0.00 | (0.91) | 0.00 | 0.66 | 1.91 |