Nuveen Limited Term Fund Market Value
| FLTDX Fund | USD 10.92 0.01 0.09% |
| Symbol | Nuveen |
Nuveen Limited '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 Limited'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 Limited.
| 08/02/2023 |
| 11/24/2024 |
If you would invest 0.00 in Nuveen Limited on August 2, 2023 and sell it all today you would earn a total of 0.00 from holding Nuveen Limited Term or generate 0.0% return on investment in Nuveen Limited over 480 days. Nuveen Limited is related to or competes with Ultra-short Term, Ultra-short Fixed, Nuveen Short, Aqr Long-short, Short-intermediate, Astor Long/short, and Rbc Short. 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 Limited 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 Limited'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 Limited Term upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.89) | |||
| Maximum Drawdown | 0.9134 | |||
| Value At Risk | (0.27) | |||
| Potential Upside | 0.1845 |
Nuveen Limited Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nuveen Limited's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nuveen Limited's standard deviation. In reality, there are many statistical measures that can use Nuveen Limited historical prices to predict the future Nuveen Limited's volatility.| Risk Adjusted Performance | (0.1) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.05) | |||
| Treynor Ratio | 0.3355 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Nuveen Limited'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 Limited Term Backtested Returns
Nuveen Limited Term has Sharpe Ratio of -0.086, which conveys that the entity had a -0.086% return per unit of risk over the last 3 months. Nuveen Limited exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nuveen Limited's Standard Deviation of 0.1608, mean deviation of 0.1101, and Risk Adjusted Performance of (0.1) to check out the risk estimate we provide. The fund secures a Beta (Market Risk) of -0.0665, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Nuveen Limited are expected to decrease at a much lower rate. During the bear market, Nuveen Limited is likely to outperform the market.
Auto-correlation | 0.60 |
Good predictability
Nuveen Limited Term has good predictability. Overlapping area represents the amount of predictability between Nuveen Limited time series from 2nd of August 2023 to 29th of March 2024 and 29th of March 2024 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 Limited Term price movement. The serial correlation of 0.6 indicates that roughly 60.0% of current Nuveen Limited price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.6 | |
| Spearman Rank Test | 0.46 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Nuveen Limited Term lagged returns against current returns
Autocorrelation, which is Nuveen Limited 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 Limited's mutual fund expected returns. We can calculate the autocorrelation of Nuveen Limited returns to help us make a trade decision. For example, suppose you find that Nuveen Limited 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 Limited 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 Limited mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nuveen Limited 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 Limited mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Nuveen Limited Lagged Returns
When evaluating Nuveen Limited's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nuveen Limited mutual fund have on its future price. Nuveen Limited 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 Limited autocorrelation shows the relationship between Nuveen Limited mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Nuveen Limited Term.
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 Limited 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 Limited security.
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