Nuveen Louisiana Municipal Fund Probability of Future Mutual Fund Price Finishing Over 10.75
| FTLAX Fund | USD 10.65 0.02 0.19% |
Nuveen |
Nuveen Louisiana Target Price Odds to finish over 10.75
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 over $ 10.75 or more in 90 days |
| 10.65 | 90 days | 10.75 | about 5.34 |
Based on a normal probability distribution, the odds of Nuveen Louisiana to move over $ 10.75 or more in 90 days from now is about 5.34 (This Nuveen Louisiana 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 Louisiana Mun price to stay between its current price of $ 10.65 and $ 10.75 at the end of the 90-day period is about 30.15 .
Assuming the 90 days horizon Nuveen Louisiana has a beta of 0.0294. This usually indicates as returns on the market go up, Nuveen Louisiana average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Nuveen Louisiana Municipal will be expected to be much smaller as well. Additionally Nuveen Louisiana Municipal has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Nuveen Louisiana Price Density |
| Price |
Predictive Modules for Nuveen Louisiana
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 Louisiana Mun. 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 Louisiana Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Nuveen Louisiana is not an exception. The market had few large corrections towards the Nuveen Louisiana'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 Louisiana Municipal, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Nuveen Louisiana within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.02 | |
β | Beta against Dow Jones | 0.03 | |
σ | Overall volatility | 0.08 | |
Ir | Information ratio | -0.56 |
Nuveen Louisiana 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 Louisiana for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Nuveen Louisiana Mun 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 Louisiana Mun generated a negative expected return over the last 90 days | |
| The fund generated three year return of 0.0% | |
| Nuveen Louisiana Mun retains about 5.99% of its assets under management (AUM) in fixed income securities |
Nuveen Louisiana Technical Analysis
Nuveen Louisiana'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 Louisiana Municipal. In general, you should focus on analyzing Nuveen Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Nuveen Louisiana Predictive Forecast Models
Nuveen Louisiana's time-series forecasting models is one of many Nuveen Louisiana'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 Louisiana'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 Louisiana Mun
Checking the ongoing alerts about Nuveen Louisiana for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Nuveen Louisiana Mun help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Nuveen Louisiana Mun generated a negative expected return over the last 90 days | |
| The fund generated three year return of 0.0% | |
| Nuveen Louisiana Mun retains about 5.99% of its assets under management (AUM) in fixed income securities |
Other Information on Investing in Nuveen Mutual Fund
Nuveen Louisiana 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 Louisiana security.
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios |