Nuveen Strategic Income Fund Probability of Future Mutual Fund Price Finishing Over 9.95
FSFRX Fund | USD 9.95 0.02 0.20% |
Nuveen |
Nuveen Strategic Target Price Odds to finish over 9.95
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 move above the current price in 90 days |
9.95 | 90 days | 9.95 | about 50.0 |
Based on a normal probability distribution, the odds of Nuveen Strategic to move above the current price in 90 days from now is about 50.0 (This Nuveen Strategic Income probability density function shows the probability of Nuveen Mutual Fund to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Nuveen Strategic Income has a beta of -0.0389. This usually indicates as returns on the benchmark increase, returns on holding Nuveen Strategic are expected to decrease at a much lower rate. During a bear market, however, Nuveen Strategic Income is likely to outperform the market. Additionally Nuveen Strategic Income has an alpha of 0.0025, implying that it can generate a 0.002539 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Nuveen Strategic Price Density |
Price |
Predictive Modules for Nuveen Strategic
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 Strategic Income. 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.Nuveen Strategic Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Nuveen Strategic is not an exception. The market had few large corrections towards the Nuveen Strategic'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 Strategic Income, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Nuveen Strategic within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0 | |
β | Beta against Dow Jones | -0.04 | |
σ | Overall volatility | 0.06 | |
Ir | Information ratio | -0.6 |
Nuveen Strategic 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 Strategic for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Nuveen Strategic Income can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.The fund retains about 26.04% of its assets under management (AUM) in fixed income securities |
Nuveen Strategic Technical Analysis
Nuveen Strategic'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 Strategic Income. In general, you should focus on analyzing Nuveen Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Nuveen Strategic Predictive Forecast Models
Nuveen Strategic's time-series forecasting models is one of many Nuveen Strategic'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 Strategic'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 Strategic Income
Checking the ongoing alerts about Nuveen Strategic for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Nuveen Strategic Income help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
The fund retains about 26.04% of its assets under management (AUM) in fixed income securities |
Other Information on Investing in Nuveen Mutual Fund
Nuveen Strategic 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 Strategic security.
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