NUVEEN MID Downside Variance
| FACSX Fund | | | USD 54.74 0.74 1.37% |
Downside Variance (or DV) is measured by target semi-variance and is termed downside volatility. It is expressed in percentages and therefore allows for rankings in the same way as variance. One way to view downside volatility is the annualized variance of returns below the target. Below is NUVEEN MID's current Downside Variance with peer comparisons and related risk metrics.
Current Downside Variance Value
The current Downside Variance of 0.9857 places NUVEEN MID at low price variability. This places NUVEEN MID at the lower end of the volatility range for Nuveen Funds.
Downside Variance | = | SUM(RET DEV)2N(ER) |
| = | 0.9857 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N(ER) | = | Number of points with returns less than expected return for the period |
Downside Variance Peers Comparison
Among sector peers, NUVEEN MID's Downside Variance of 0.9857 is below the 1.7 group average. The range runs from 0.9345 (Madison Investors Fund) to 2.34 (William Blair Emerging). NUVEEN MID has exhibited less price dispersion than the peer average over the measured period.
Downside Variance Relative To Other Indicators
The chart below plots Downside Variance against Maximum Drawdown for Nuveen Mid and its peers. Each point represents one equity — position along the horizontal axis shows Downside Variance while the vertical axis shows Maximum Drawdown. Equities that cluster in different quadrants carry distinct risk-return profiles. Use the dropdowns to swap in other indicators for either axis.
NUVEEN MID's Maximum Drawdown of
4.02 runs about
4.08 times its Downside Variance of
0.99 . This indicates Maximum Drawdown is significantly higher than Downside Variance for NUVEEN MID.
Methodology, Assumptions & Data Sources
NUVEEN MID has a current Downside Variance reading of 0.9857. The Downside Variance for NUVEEN MID is produced by transforming raw price history into a standardized measure according to the indicator's defined methodology. All inputs are based on exchange-reported closing prices, with adjustments for stock splits, dividends, and other corporate actions. NUVEEN MID operates in the mid-cap value sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. Values are specific to the selected time horizon and may differ across measurement periods. This indicator does not constitute investment advice.
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