Nuveen All American Municipal Fund Probability of Future Mutual Fund Price Finishing Under 10.01
FACCX Fund | USD 10.23 0.01 0.1% |
NUVEEN |
Nuveen All-american Target Price Odds to finish below 10.01
The tendency of NUVEEN Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current Price | Horizon | Target Price | Odds to drop to $ 10.01 or more in 90 days |
10.23 | 90 days | 10.01 | near 1 |
Based on a normal probability distribution, the odds of Nuveen All-american to drop to $ 10.01 or more in 90 days from now is near 1 (This Nuveen All American Municipal probability density function shows the probability of NUVEEN Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Nuveen All American price to stay between $ 10.01 and its current price of $10.23 at the end of the 90-day period is about 63.28 .
Assuming the 90 days horizon Nuveen All American Municipal has a beta of -0.1. This usually indicates as returns on the benchmark increase, returns on holding Nuveen All-american are expected to decrease at a much lower rate. During a bear market, however, Nuveen All American Municipal is likely to outperform the market. Additionally Nuveen All American Municipal has an alpha of 0.0056, implying that it can generate a 0.005559 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Nuveen All-american Price Density |
Price |
Predictive Modules for Nuveen All-american
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Nuveen All American. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Nuveen All-american's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Nuveen All-american Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Nuveen All-american is not an exception. The market had few large corrections towards the Nuveen All-american's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Nuveen All American Municipal, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Nuveen All-american within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.01 | |
β | Beta against Dow Jones | -0.1 | |
σ | Overall volatility | 0.06 | |
Ir | Information ratio | -0.52 |
Nuveen All-american Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Nuveen All-american for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Nuveen All American can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.Nuveen All American generated five year return of -1.0% | |
This fund retains most of the assets under management (AUM) in different types of exotic instruments. |
Nuveen All-american Technical Analysis
Nuveen All-american's future price can be derived by breaking down and analyzing its technical indicators over time. NUVEEN Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Nuveen All American Municipal. In general, you should focus on analyzing NUVEEN Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Nuveen All-american Predictive Forecast Models
Nuveen All-american's time-series forecasting models is one of many Nuveen All-american's mutual fund analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Nuveen All-american's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the mutual fund market movement and maximize returns from investment trading.
Things to note about Nuveen All American
Checking the ongoing alerts about Nuveen All-american for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Nuveen All American help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Nuveen All American generated five year return of -1.0% | |
This fund retains most of the assets under management (AUM) in different types of exotic instruments. |
Other Information on Investing in NUVEEN Mutual Fund
Nuveen All-american financial ratios help investors to determine whether NUVEEN Mutual 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 All-american security.
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