Nuveen All American Municipal Fund Market Value
| FAARX Fund | USD 10.21 0.01 0.1% |
| Symbol | Nuveen |
Nuveen All-american 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Nuveen All-american's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Nuveen All-american.
| 01/31/2025 |
| 03/02/2025 |
If you would invest 0.00 in Nuveen All-american on January 31, 2025 and sell it all today you would earn a total of 0.00 from holding Nuveen All American Municipal or generate 0.0% return on investment in Nuveen All-american over 30 days. Nuveen All-american is related to or competes with Old Westbury, Doubleline Total, Flexible Bond, Doubleline Core, Multisector Bond, Ab Bond, and Praxis Impact. Under normal market conditions, the fund invests at least 80 percent of the sum of its net assets and the amount of any ... More
Nuveen All-american Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Nuveen All-american's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Nuveen All American Municipal upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.3273 | |||
| Information Ratio | 0.116 | |||
| Maximum Drawdown | 1.28 | |||
| Value At Risk | (0.40) | |||
| Potential Upside | 0.3941 |
Nuveen All-american Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nuveen All-american's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nuveen All-american's standard deviation. In reality, there are many statistical measures that can use Nuveen All-american historical prices to predict the future Nuveen All-american's volatility.| Risk Adjusted Performance | 0.0218 | |||
| Jensen Alpha | 0.0047 | |||
| Total Risk Alpha | 0.0108 | |||
| Sortino Ratio | 0.0815 | |||
| Treynor Ratio | 0.0845 |
Nuveen All American Backtested Returns
Nuveen All American has Sharpe Ratio of -0.0278, which conveys that the entity had a -0.0278 % return per unit of risk over the last 3 months. Nuveen All-american exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nuveen All-american's Risk Adjusted Performance of 0.0218, downside deviation of 0.3273, and Mean Deviation of 0.1643 to check out the risk estimate we provide. The fund secures a Beta (Market Risk) of 0.0435, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Nuveen All-american's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nuveen All-american is expected to be smaller as well.
Auto-correlation | -0.18 |
Insignificant reverse predictability
Nuveen All American Municipal has insignificant reverse predictability. Overlapping area represents the amount of predictability between Nuveen All-american time series from 31st of January 2025 to 15th of February 2025 and 15th of February 2025 to 2nd of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Nuveen All American price movement. The serial correlation of -0.18 indicates that over 18.0% of current Nuveen All-american price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.18 | |
| Spearman Rank Test | -0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Nuveen All American lagged returns against current returns
Autocorrelation, which is Nuveen All-american mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Nuveen All-american's mutual fund expected returns. We can calculate the autocorrelation of Nuveen All-american returns to help us make a trade decision. For example, suppose you find that Nuveen All-american has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Nuveen All-american regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Nuveen All-american mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nuveen All-american mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nuveen All-american mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Nuveen All-american Lagged Returns
When evaluating Nuveen All-american's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nuveen All-american mutual fund have on its future price. Nuveen All-american autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Nuveen All-american autocorrelation shows the relationship between Nuveen All-american mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Nuveen All American Municipal.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Nuveen Mutual Fund
Nuveen All-american 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 All-american security.
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