Nuveen All American Municipal Fund Market Value
| FAAWX Fund | USD 10.24 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.
| 12/05/2022 |
| 11/24/2024 |
If you would invest 0.00 in Nuveen All-american on December 5, 2022 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 720 days. Nuveen All-american is related to or competes with Nuveen Small, Nuveen Real, Nuveen Real, Nuveen Preferred, Nuveen Preferred, Nuveen Preferred, and Nuveen Preferred. 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 | 0.3408 | |||
| Information Ratio | (0.54) | |||
| Maximum Drawdown | 1.47 | |||
| Value At Risk | (0.29) | |||
| Potential Upside | 0.2953 |
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 | (0.02) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.38) | |||
| Treynor Ratio | (0.22) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Nuveen All-american's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Nuveen All American Backtested Returns
At this stage we consider Nuveen Mutual Fund to be very steady. Nuveen All American has Sharpe Ratio of 0.0075, which conveys that the entity had a 0.0075% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Nuveen All-american, which you can use to evaluate the volatility of the fund. Please verify Nuveen All-american's Downside Deviation of 0.3408, risk adjusted performance of (0.02), and Mean Deviation of 0.1412 to check out if the risk estimate we provide is consistent with the expected return of 0.0018%. The fund secures a Beta (Market Risk) of 0.0374, 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 | -0.27 |
Weak reverse predictability
Nuveen All American Municipal has weak reverse predictability. Overlapping area represents the amount of predictability between Nuveen All-american time series from 5th of December 2022 to 30th of November 2023 and 30th of November 2023 to 24th of November 2024. 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 -0.27 indicates that nearly 27.0% of current Nuveen All-american price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.27 | |
| Spearman Rank Test | -0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
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.
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. |