Nuveen New Mexico Fund Market Value
| FNMTX Fund | USD 9.71 0.03 0.31% |
| Symbol | Nuveen |
Nuveen New '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 New'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 New.
| 11/04/2025 |
| 02/02/2026 |
If you would invest 0.00 in Nuveen New on November 4, 2025 and sell it all today you would earn a total of 0.00 from holding Nuveen New Mexico or generate 0.0% return on investment in Nuveen New over 90 days. Nuveen New is related to or competes with Alger Balanced, Equity Series, Lazard Enhanced, Lazard International, Foreign Smaller, Automotive Portfolio, and Lazard International. Under normal market conditions, the fund invests at least 80 percent of its net assets in investment grade municipal bon... More
Nuveen New 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 New'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 New Mexico upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.1556 | |||
| Information Ratio | (0.21) | |||
| Maximum Drawdown | 0.7258 | |||
| Value At Risk | (0.10) | |||
| Potential Upside | 0.2086 |
Nuveen New Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nuveen New's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nuveen New's standard deviation. In reality, there are many statistical measures that can use Nuveen New historical prices to predict the future Nuveen New's volatility.| Risk Adjusted Performance | 0.0628 | |||
| Jensen Alpha | 0.0084 | |||
| Total Risk Alpha | 0.003 | |||
| Sortino Ratio | (0.17) | |||
| Treynor Ratio | 0.6461 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Nuveen New'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 New February 2, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0628 | |||
| Market Risk Adjusted Performance | 0.6561 | |||
| Mean Deviation | 0.0822 | |||
| Downside Deviation | 0.1556 | |||
| Coefficient Of Variation | 645.54 | |||
| Standard Deviation | 0.1221 | |||
| Variance | 0.0149 | |||
| Information Ratio | (0.21) | |||
| Jensen Alpha | 0.0084 | |||
| Total Risk Alpha | 0.003 | |||
| Sortino Ratio | (0.17) | |||
| Treynor Ratio | 0.6461 | |||
| Maximum Drawdown | 0.7258 | |||
| Value At Risk | (0.10) | |||
| Potential Upside | 0.2086 | |||
| Downside Variance | 0.0242 | |||
| Semi Variance | (0.01) | |||
| Expected Short fall | (0.19) | |||
| Skewness | 0.6971 | |||
| Kurtosis | 1.93 |
Nuveen New Mexico Backtested Returns
At this stage we consider Nuveen Mutual Fund to be very steady. Nuveen New Mexico has Sharpe Ratio of 0.13, which conveys that the entity had a 0.13 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Nuveen New, which you can use to evaluate the volatility of the fund. Please verify Nuveen New's Risk Adjusted Performance of 0.0628, mean deviation of 0.0822, and Coefficient Of Variation of 645.54 to check out if the risk estimate we provide is consistent with the expected return of 0.0153%. The fund secures a Beta (Market Risk) of 0.0138, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Nuveen New's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nuveen New is expected to be smaller as well.
Auto-correlation | -0.15 |
Insignificant reverse predictability
Nuveen New Mexico has insignificant reverse predictability. Overlapping area represents the amount of predictability between Nuveen New time series from 4th of November 2025 to 19th of December 2025 and 19th of December 2025 to 2nd of February 2026. 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 New Mexico price movement. The serial correlation of -0.15 indicates that less than 15.0% of current Nuveen New price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.15 | |
| Spearman Rank Test | 0.44 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
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 New 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 New security.
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