Nuveen Multi Mrkt Fund Market Value

JMM Fund  USD 6.14  0.01  0.16%   
Nuveen Multi's market value is the price at which a share of Nuveen Multi trades on a public exchange. It measures the collective expectations of Nuveen Multi Mrkt investors about its performance. Nuveen Multi is selling at 6.14 as of the 28th of February 2025; that is 0.16 percent increase since the beginning of the trading day. The fund's lowest day price was 6.07.
With this module, you can estimate the performance of a buy and hold strategy of Nuveen Multi Mrkt and determine expected loss or profit from investing in Nuveen Multi over a given investment horizon. Check out Nuveen Multi Correlation, Nuveen Multi Volatility and Nuveen Multi Alpha and Beta module to complement your research on Nuveen Multi.
Symbol

Please note, there is a significant difference between Nuveen Multi's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nuveen Multi is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nuveen Multi's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Nuveen Multi '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 Multi's 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 Multi.
0.00
01/29/2025
No Change 0.00  0.0 
In 30 days
02/28/2025
0.00
If you would invest  0.00  in Nuveen Multi on January 29, 2025 and sell it all today you would earn a total of 0.00 from holding Nuveen Multi Mrkt or generate 0.0% return on investment in Nuveen Multi over 30 days. Nuveen Multi is related to or competes with MFS Investment, Eaton Vance, Abrdn Emerging, Aberdeen Global, Bny Mellon, Nuveen Arizona, and Nuveen Mortgage. Nuveen Multi-Market Income Fund is a closed-ended fixed income mutual fund launched by Nuveen Investments, Inc More

Nuveen Multi 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 Multi's 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 Multi Mrkt upside and downside potential and time the market with a certain degree of confidence.

Nuveen Multi Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Nuveen Multi's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nuveen Multi's standard deviation. In reality, there are many statistical measures that can use Nuveen Multi historical prices to predict the future Nuveen Multi's volatility.
Hype
Prediction
LowEstimatedHigh
5.306.146.98
Details
Intrinsic
Valuation
LowRealHigh
4.795.636.47
Details
Naive
Forecast
LowNextHigh
5.346.187.02
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
5.996.096.19
Details

Nuveen Multi Mrkt Backtested Returns

As of now, Nuveen Fund is not too volatile. Nuveen Multi Mrkt has Sharpe Ratio of 0.0608, which conveys that the entity had a 0.0608 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Nuveen Multi, which you can use to evaluate the volatility of the fund. Please verify Nuveen Multi's Mean Deviation of 0.601, risk adjusted performance of 0.056, and Downside Deviation of 0.887 to check out if the risk estimate we provide is consistent with the expected return of 0.0511%. The fund secures a Beta (Market Risk) of 0.37, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Nuveen Multi's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nuveen Multi is expected to be smaller as well.

Auto-correlation

    
  -0.6  

Good reverse predictability

Nuveen Multi Mrkt has good reverse predictability. Overlapping area represents the amount of predictability between Nuveen Multi time series from 29th of January 2025 to 13th of February 2025 and 13th of February 2025 to 28th of February 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 Multi Mrkt price movement. The serial correlation of -0.6 indicates that roughly 60.0% of current Nuveen Multi price fluctuation can be explain by its past prices.
Correlation Coefficient-0.6
Spearman Rank Test0.41
Residual Average0.0
Price Variance0.0
Nuveen ReturnsNuveen Lagged ReturnsDiversified AwayNuveen ReturnsNuveen Lagged ReturnsDiversified Away100%

Nuveen Multi Mrkt lagged returns against current returns

Autocorrelation, which is Nuveen Multi 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 Multi's fund expected returns. We can calculate the autocorrelation of Nuveen Multi returns to help us make a trade decision. For example, suppose you find that Nuveen Multi has exhibited high autocorrelation historically, and you observe that the 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   
JavaScript chart by amCharts 3.21.15Feb 13Feb 15Feb 17Feb 19Feb 21Feb 23Feb 25Feb 27-2.0%-1.5%-1.0%-0.5%0%0.5%1.0%1.5%2.0% 101001K
JavaScript chart by amCharts 3.21.15Volume Lagged Volume Prices Lagged Prices
       Timeline  

Nuveen Multi 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 Multi fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nuveen Multi fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nuveen Multi fund over time.
   Current vs Lagged Prices   
JavaScript chart by amCharts 3.21.15Feb 13Feb 15Feb 17Feb 19Feb 21Feb 23Feb 25Feb 276.026.046.066.086.106.12
JavaScript chart by amCharts 3.21.15Regression Prices Lagged Regression Prices
       Timeline  

Nuveen Multi Lagged Returns

When evaluating Nuveen Multi's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nuveen Multi fund have on its future price. Nuveen Multi 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 Multi autocorrelation shows the relationship between Nuveen Multi fund current value and its past values and can show if there is a momentum factor associated with investing in Nuveen Multi Mrkt.
   Regressed Prices   
JavaScript chart by amCharts 3.21.15Jan 29FebFeb 06Feb 10Feb 14Feb 18Feb 22Feb 266.006.026.046.066.086.106.126.146.16
JavaScript chart by amCharts 3.21.15Lagged Returns Returns
       Timeline  

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

Other Information on Investing in Nuveen Fund

Nuveen Multi financial ratios help investors to determine whether Nuveen 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 Multi security.
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Technical Analysis
Check basic technical indicators and analysis based on most latest market data

Trending Assets

AIF
Apollo Tactical Income
0.00  0.00  0.00 
JHAA
Nuveen High Income
0.00  0.00  0.00 
NAZ
Nuveen Arizona Quality
12.63  -0.01  -0.08 
VLT
Invesco High Income
11.02  0.03  0.27 
DMF
Bny Mellon Municipalome
7.14  -0.05  -0.7 
EOT
Eaton Vance National
17.21  0.04  0.23 
CBH
CBH
0.00  0.00  0.00 
AEF
Abrdn Emerging Markets
5.22  -0.14  -2.61 
AGD
Aberdeen Global Dynamic
10.22  -0.1  -0.97 
CXH
MFS Investment Grade
8.11  -0.02  -0.25 
FEI
First Trust Mlp
0.00  0.00  0.00 
IHIT
IHIT
0.00  0.00  0.00 
PHT
Pioneer High Income
7.88  -0.02  -0.25 
NRO
Neuberger Berman
3.30  -0.05  -1.49 
NBXG
Neuberger Berman Next
12.98  -0.27  -2.04 
GHY
Pgim Global High
13.22  -0.05  -0.38 
IHTA
Invesco High Income
0.00  0.00  0.00 
ISD
Pgim High Yield
14.23  -0.11  -0.77 
JLS
Nuveen Mortgage Oppo
18.80  -0.14  -0.74 
News Freq…Investor S…