Nuveen Strategic Income Fund Price on October 21, 2024
FSFRX Fund | USD 9.95 0.02 0.20% |
Below is the normalized historical share price chart for Nuveen Strategic Income extending back to January 20, 2015. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Nuveen Strategic stands at 9.95, as last reported on the 28th of November, with the highest price reaching 9.95 and the lowest price hitting 9.95 during the day.
If you're considering investing in Nuveen Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Nuveen Mutual Fund to be very steady. Nuveen Strategic Income has Sharpe Ratio of 0.0323, which conveys that the entity had a 0.0323% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Nuveen Strategic, which you can use to evaluate the volatility of the fund. Please verify Nuveen Strategic's Mean Deviation of 0.1507, downside deviation of 0.2205, and Risk Adjusted Performance of 0.002 to check out if the risk estimate we provide is consistent with the expected return of 0.0066%.
Nuveen Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Nuveen |
Sharpe Ratio = 0.0323
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Estimated Market Risk
0.2 actual daily | 1 99% of assets are more volatile |
Expected Return
0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Nuveen Strategic is performing at about 2% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Nuveen Strategic by adding it to a well-diversified portfolio.
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Nuveen Strategic Valuation on October 21, 2024
It is possible to determine the worth of Nuveen Strategic on a given historical date. On October 21, 2024 Nuveen was worth 9.91 at the beginning of the trading date compared to the closed value of 9.91. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nuveen Strategic mutual fund. Still, in general, we apply an absolute valuation method to find Nuveen Strategic's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Nuveen Strategic where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nuveen Strategic's related companies.
Open | High | Low | Close | Volume | |
9.95 | 9.95 | 9.95 | 9.95 | 1.00 | |
10/21/2024 | 9.91 | 9.91 | 9.91 | 9.91 | 1.00 |
9.90 | 9.90 | 9.90 | 9.90 | 1.00 |
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Nuveen Strategic Trading Date Momentum on October 21, 2024
On October 22 2024 Nuveen Strategic Income was traded for 9.90 at the closing time. The highest daily price throughout the period was 9.90 and the lowest price was 9.90 . There was no trading activity during the period 1.0. Lack of trading volume on 10/22/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.10% . The trading delta at closing time to current closing price is 0.10% . |
Nuveen Strategic Income Fundamentals Correlations and Trends
By evaluating Nuveen Strategic's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Nuveen Strategic's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nuveen financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Nuveen Strategic Mutual Fund history
Nuveen Strategic investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Nuveen is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nuveen Strategic Income will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Nuveen Strategic stock prices may prove useful in developing a viable investing in Nuveen Strategic
The fund normally invests at least 80 percent of its net assets in income producing securities, including U.S. government securities residential and commercial mortgage-backed securities asset-backed securities domestic and foreign corporate debt obligations preferred securities and contingent capital securities fixed and floating rate loans debt obligations of foreign governments and municipal securities. It may invest up to 30 percent of its total assets in non-U.S. dollar denominated debt obligations of foreign corporations and governments.
Nuveen Strategic Mutual Fund Technical Analysis
Nuveen Strategic technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Nuveen Strategic Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Nuveen Strategic Income cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Nuveen Strategic November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Nuveen Strategic mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nuveen Strategic shares will generate the highest return on investment. By undertsting and applying Nuveen Strategic mutual fund market strength indicators, traders can identify Nuveen Strategic Income entry and exit signals to maximize returns
Nuveen Strategic Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nuveen Strategic's price direction in advance. Along with the technical and fundamental analysis of Nuveen Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nuveen to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.002 | |||
Jensen Alpha | (0) | |||
Total Risk Alpha | (0.03) | |||
Sortino Ratio | (0.53) | |||
Treynor Ratio | (0.12) |
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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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