Nuveen Short Duration High Fund Probability of Future Mutual Fund Price Finishing Under 8.09
| NVCCX Fund | USD 9.73 0.01 0.10% |
Nuveen |
Nuveen Short-duration Target Price Odds to finish below 8.09
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 $ 8.09 or more in 90 days |
| 9.73 | 90 days | 8.09 | near 1 |
Based on a normal probability distribution, the odds of Nuveen Short-duration to drop to $ 8.09 or more in 90 days from now is near 1 (This Nuveen Short Duration High probability density function shows the probability of Nuveen Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Nuveen Short Duration price to stay between $ 8.09 and its current price of $9.73 at the end of the 90-day period is about 58.98 .
Assuming the 90 days horizon Nuveen Short Duration High has a beta of -0.1. This indicates as returns on the benchmark increase, returns on holding Nuveen Short-duration are expected to decrease at a much lower rate. During a bear market, however, Nuveen Short Duration High is likely to outperform the market. Additionally Nuveen Short Duration High 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 Short-duration Price Density |
| Price |
Predictive Modules for Nuveen Short-duration
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 Short Duration. 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 Short-duration'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 Short-duration Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Nuveen Short-duration is not an exception. The market had few large corrections towards the Nuveen Short-duration'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 Short Duration High, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Nuveen Short-duration within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.0084 | |
β | Beta against Dow Jones | -0.1 | |
σ | Overall volatility | 0.09 | |
Ir | Information ratio | -0.6 |
Nuveen Short-duration 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 Short-duration for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Nuveen Short Duration 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 Short-duration generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: Is PHYZX a Strong Bond Fund Right Now - Yahoo Finance | |
| The fund maintains about 11.93% of its assets in bonds |
Nuveen Short-duration Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Nuveen Mutual Fund often depends not only on the future outlook of the current and potential Nuveen Short-duration's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Nuveen Short-duration's indicators that are reflective of the short sentiment are summarized in the table below.
Nuveen Short-duration Technical Analysis
Nuveen Short-duration'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 Short Duration High. In general, you should focus on analyzing Nuveen Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Nuveen Short-duration Predictive Forecast Models
Nuveen Short-duration's time-series forecasting models is one of many Nuveen Short-duration'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 Short-duration'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 Short Duration
Checking the ongoing alerts about Nuveen Short-duration for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Nuveen Short Duration help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Nuveen Short-duration generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: Is PHYZX a Strong Bond Fund Right Now - Yahoo Finance | |
| The fund maintains about 11.93% of its assets in bonds |
Other Information on Investing in Nuveen Mutual Fund
Nuveen Short-duration 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 Short-duration security.
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