Nuveen Dow 30sm Etf Performance
| DIAX Etf | USD 15.50 0.11 0.71% |
The etf secures a Beta (Market Risk) of 0.59, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Nuveen Dow's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nuveen Dow is expected to be smaller as well.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Nuveen Dow 30Sm are ranked lower than 16 (%) of all global equities and portfolios over the last 90 days. In spite of fairly abnormal basic indicators, Nuveen Dow may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
1 | Insider Trading | 10/07/2024 |
2 | DIAX stock hits 52-week high at 15.48 amid market rally - Investing.com UK | 11/22/2024 |
| Expense Ratio | 0.9200 |
Nuveen |
Nuveen Dow Relative Risk vs. Return Landscape
If you would invest 1,438 in Nuveen Dow 30Sm on August 25, 2024 and sell it today you would earn a total of 112.00 from holding Nuveen Dow 30Sm or generate 7.79% return on investment over 90 days. Nuveen Dow 30Sm is currently generating 0.1171% in daily expected returns and assumes 0.5752% risk (volatility on return distribution) over the 90 days horizon. In different words, 5% of etfs are less volatile than Nuveen, and 98% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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Nuveen Dow Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nuveen Dow's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Nuveen Dow 30Sm, and traders can use it to determine the average amount a Nuveen Dow's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.2035
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Estimated Market Risk
| 0.58 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 16 84% of assets perform better |
Based on monthly moving average Nuveen Dow is performing at about 16% 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 Dow by adding it to a well-diversified portfolio.
Nuveen Dow Fundamentals Growth
Nuveen Etf prices reflect investors' perceptions of the future prospects and financial health of Nuveen Dow, and Nuveen Dow fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Nuveen Etf performance.
| Return On Equity | -5.93 | ||||
| Return On Asset | 0.65 | ||||
| Profit Margin | (290.93) % | ||||
| Operating Margin | 52.73 % | ||||
| Current Valuation | 536.41 M | ||||
| Shares Outstanding | 36.37 M | ||||
| Price To Earning | 6.17 X | ||||
| Price To Book | 0.96 X | ||||
| Price To Sales | 46.51 X | ||||
| Revenue | 12.51 M | ||||
| Cash And Equivalents | 8.64 K | ||||
| Total Debt | 4.9 M | ||||
| Debt To Equity | 0.01 % | ||||
| Book Value Per Share | 16.65 X | ||||
| Earnings Per Share | (0.43) X | ||||
About Nuveen Dow Performance
Evaluating Nuveen Dow's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Nuveen Dow has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Nuveen Dow has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Nuveen Dow 30 Dynamic Overwrite Fund is a closed-ended equity mutual fund launched by Nuveen Investments, Inc. The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in stocks of large cap companies. The fund also invests through call options. It seeks to replicate the performance of Dow Jones Industrial Average. The fund was formerly known as Dow 30 Premium Dividend Income Fund Inc. Nuveen Dow 30 Dynamic Overwrite Fund was formed on April 29, 2005 and is domiciled in the United States.| Nuveen Dow 30Sm currently holds 4.9 M in liabilities with Debt to Equity (D/E) ratio of 0.01, which may suggest the company is not taking enough advantage from borrowing. Nuveen Dow 30Sm has a current ratio of 0.45, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Nuveen Dow until it has trouble settling it off, either with new capital or with free cash flow. So, Nuveen Dow's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Nuveen Dow 30Sm sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Nuveen to invest in growth at high rates of return. When we think about Nuveen Dow's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 12.51 M. Net Loss for the year was (36.4 M) with profit before overhead, payroll, taxes, and interest of 12.14 M. | |
| Latest headline from news.google.com: DIAX stock hits 52-week high at 15.48 amid market rally - Investing.com UK |
Other Information on Investing in Nuveen Etf
Nuveen Dow financial ratios help investors to determine whether Nuveen Etf 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 Dow security.