Nuveen Ultra Short Etf Performance
| NUSB Etf | 25.27 0.01 0.04% |
The etf secures a Beta (Market Risk) of 0.0016, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Nuveen Ultra's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nuveen Ultra 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 Ultra Short are ranked lower than 54 (%) of all global equities and portfolios over the last 90 days. Despite somewhat strong basic indicators, Nuveen Ultra is not utilizing all of its potentials. The newest stock price disturbance, may contribute to short-term losses for the investors. ...more
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Nuveen Ultra Relative Risk vs. Return Landscape
If you would invest 2,497 in Nuveen Ultra Short on August 26, 2024 and sell it today you would earn a total of 30.00 from holding Nuveen Ultra Short or generate 1.2% return on investment over 90 days. Nuveen Ultra Short is currently generating 0.0184% in daily expected returns and assumes 0.0264% risk (volatility on return distribution) over the 90 days horizon. In different words, 0% of etfs are less volatile than Nuveen, and 99% 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 Ultra Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nuveen Ultra's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Nuveen Ultra Short, and traders can use it to determine the average amount a Nuveen Ultra'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 = 0.6958
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Based on monthly moving average Nuveen Ultra is performing at about 54% 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 Ultra by adding it to a well-diversified portfolio.
About Nuveen Ultra Performance
By analyzing Nuveen Ultra's fundamental ratios, stakeholders can gain valuable insights into Nuveen Ultra's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Nuveen Ultra 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 Ultra has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Nuveen Ultra is entity of United States. It is traded as Etf on NASDAQ exchange.| Nuveen is showing solid risk-adjusted performance over 90 days | |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nuveen Ultra Short. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
The market value of Nuveen Ultra Short 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 Ultra's value that differs from its market value or its book value, called intrinsic value, which is Nuveen Ultra'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 Ultra's market value can be influenced by many factors that don't directly affect Nuveen Ultra'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 Ultra's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nuveen Ultra is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nuveen Ultra'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.