Nuveen Ohio Municipal Fund Market Value
| FOHTX Fund | USD 10.74 0.01 0.09% |
| Symbol | Nuveen |
Nuveen Ohio '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 Ohio'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 Ohio.
| 12/03/2025 |
| 01/02/2026 |
If you would invest 0.00 in Nuveen Ohio on December 3, 2025 and sell it all today you would earn a total of 0.00 from holding Nuveen Ohio Municipal or generate 0.0% return on investment in Nuveen Ohio over 30 days. Nuveen Ohio is related to or competes with Dynamic Growth, American Beacon, Harding Loevner, Blackrock Conservative, Hennessy Japan, Pimco California, and Metropolitan West. Under normal market conditions, the fund invests at least 80 percent of its net assets in investment grade municipal bon... More
Nuveen Ohio 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 Ohio'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 Ohio Municipal upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.132 | |||
| Information Ratio | (0.31) | |||
| Maximum Drawdown | 0.4713 | |||
| Value At Risk | (0.09) | |||
| Potential Upside | 0.2801 |
Nuveen Ohio Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nuveen Ohio's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nuveen Ohio's standard deviation. In reality, there are many statistical measures that can use Nuveen Ohio historical prices to predict the future Nuveen Ohio's volatility.| Risk Adjusted Performance | 0.1279 | |||
| Jensen Alpha | 0.0169 | |||
| Total Risk Alpha | 0.0101 | |||
| Sortino Ratio | (0.24) | |||
| Treynor Ratio | 3.49 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Nuveen Ohio'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 Ohio Municipal Backtested Returns
At this stage we consider Nuveen Mutual Fund to be very steady. Nuveen Ohio Municipal has Sharpe Ratio of 0.23, which conveys that the entity had a 0.23 % return per unit of risk over the last 3 months. We have found twenty-six technical indicators for Nuveen Ohio, which you can use to evaluate the volatility of the fund. Please verify Nuveen Ohio's Mean Deviation of 0.0758, coefficient of variation of 377.6, and Risk Adjusted Performance of 0.1279 to check out if the risk estimate we provide is consistent with the expected return of 0.0227%. The fund secures a Beta (Market Risk) of 0.0049, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Nuveen Ohio's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nuveen Ohio is expected to be smaller as well.
Auto-correlation | -0.11 |
Insignificant reverse predictability
Nuveen Ohio Municipal has insignificant reverse predictability. Overlapping area represents the amount of predictability between Nuveen Ohio time series from 3rd of December 2025 to 18th of December 2025 and 18th of December 2025 to 2nd of January 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 Ohio Municipal price movement. The serial correlation of -0.11 indicates that less than 11.0% of current Nuveen Ohio price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.11 | |
| Spearman Rank Test | 0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Nuveen Ohio Municipal lagged returns against current returns
Autocorrelation, which is Nuveen Ohio 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 Ohio's mutual fund expected returns. We can calculate the autocorrelation of Nuveen Ohio returns to help us make a trade decision. For example, suppose you find that Nuveen Ohio 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 Ohio 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 Ohio mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nuveen Ohio 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 Ohio mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Nuveen Ohio Lagged Returns
When evaluating Nuveen Ohio's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nuveen Ohio mutual fund have on its future price. Nuveen Ohio 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 Ohio autocorrelation shows the relationship between Nuveen Ohio mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Nuveen Ohio Municipal.
Regressed Prices |
| Timeline |
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Other Information on Investing in Nuveen Mutual Fund
Nuveen Ohio 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 Ohio security.
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