Nuveen Growth Opportunities Etf Price on October 23, 2024
| NUGO Etf | USD 33.98 0.30 0.88% |
If you're considering investing in Nuveen Etf, it is important to understand the factors that can impact its price. As of today, the current price of Nuveen Growth stands at 33.98, as last reported on the 28th of November, with the highest price reaching 34.03 and the lowest price hitting 33.88 during the day. As of now, Nuveen Etf is very steady. Nuveen Growth Opport has Sharpe Ratio of 0.0877, which conveys that the entity had a 0.0877% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Nuveen Growth, which you can use to evaluate the volatility of the etf. Please verify Nuveen Growth's Downside Deviation of 1.6, mean deviation of 0.835, and Risk Adjusted Performance of 0.0803 to check out if the risk estimate we provide is consistent with the expected return of 0.11%.
Nuveen Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Nuveen |
Sharpe Ratio = 0.0877
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Estimated Market Risk
| 1.26 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average Nuveen Growth is performing at about 6% 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 Growth by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 821.2 K |
Nuveen Growth Valuation on October 23, 2024
It is possible to determine the worth of Nuveen Growth on a given historical date. On October 23, 2024 Nuveen was worth 33.56 at the beginning of the trading date compared to the closed value of 33.08. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nuveen Growth etf. Still, in general, we apply an absolute valuation method to find Nuveen Growth'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 Growth where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nuveen Growth's related companies.
| Open | High | Low | Close | Volume | |
| 33.48 | 33.79 | 33.48 | 33.77 | 4,016 | |
10/23/2024 | 33.56 | 33.56 | 33.04 | 33.08 | 1,313,824 |
| 33.30 | 33.30 | 33.18 | 33.22 | 2,437 |
| Backtest Nuveen Growth | | | Nuveen Growth History | | | Nuveen Growth Valuation | Previous | Next |
Nuveen Growth Trading Date Momentum on October 23, 2024
| On October 24 2024 Nuveen Growth Opportunities was traded for 33.22 at the closing time. The top price for the day was 33.30 and the lowest listed price was 33.18 . The trading volume for the day was 2.4 K. The trading history from October 24, 2024 was a factor to the next trading day price boost. The trading delta at closing time against the next closing price was 0.42% . The trading delta at closing time against the current closing price is 0.79% . |
Nuveen Growth Opport Fundamentals Correlations and Trends
By evaluating Nuveen Growth'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 Growth'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 Growth Etf history
Nuveen Growth 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 Growth Opport 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 Growth stock prices may prove useful in developing a viable investing in Nuveen Growth
Under normal market conditions, the fund seeks to achieve its investment objective by investing primarily in exchange-traded equity securities of U.S. companies with market capitalizations of at least 1 billion. Nuveen Growth is traded on NYSEARCA Exchange in the United States.
Nuveen Growth Etf Technical Analysis
Nuveen Growth technical etf 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, etf market cycles, or different charting patterns.
Price Boundaries
Nuveen Growth Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Nuveen Growth Opportunities cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE ARCA 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 Growth November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Nuveen Growth etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nuveen Growth shares will generate the highest return on investment. By undertsting and applying Nuveen Growth etf market strength indicators, traders can identify Nuveen Growth Opportunities entry and exit signals to maximize returns
Nuveen Growth Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nuveen Growth's price direction in advance. Along with the technical and fundamental analysis of Nuveen Etf 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 | 0.0803 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.1172 |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nuveen Growth Opportunities. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
The market value of Nuveen Growth Opport is measured differently than its book value, which is the value of Nuveen that is recorded on the company's balance sheet. Investors also form their own opinion of Nuveen Growth's value that differs from its market value or its book value, called intrinsic value, which is Nuveen Growth's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nuveen Growth's market value can be influenced by many factors that don't directly affect Nuveen Growth's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nuveen Growth's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nuveen Growth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nuveen Growth's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.