Nuveen Amt Free Municipal Fund Market Value
| NEA Fund | USD 11.42 0.09 0.79% |
| Symbol | Nuveen |
Nuveen Amt '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 Amt'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 Amt.
| 01/02/2025 |
| 02/01/2025 |
If you would invest 0.00 in Nuveen Amt on January 2, 2025 and sell it all today you would earn a total of 0.00 from holding Nuveen Amt Free Municipal or generate 0.0% return on investment in Nuveen Amt over 30 days. Nuveen Amt is related to or competes with Nuveen Municipal, Nuveen Amt, Nuveen Municipal, Nuveen Municipal, Nuveen Dividend, Nuveen Municipal, and Munivest Fund. Nuveen AMT-Free Quality Municipal Income Fund is a closed-ended fixed income mutual fund launched by Nuveen Investments ... More
Nuveen Amt 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 Amt'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 Amt Free Municipal upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 2.59 | |||
| Value At Risk | (1.28) | |||
| Potential Upside | 0.8643 |
Nuveen Amt Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nuveen Amt's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nuveen Amt's standard deviation. In reality, there are many statistical measures that can use Nuveen Amt historical prices to predict the future Nuveen Amt's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | (0.07) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Nuveen Amt'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 Amt Free Backtested Returns
At this point, Nuveen Amt is very steady. Nuveen Amt Free has Sharpe Ratio of 0.0724, which conveys that the entity had a 0.0724 % return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Nuveen Amt, which you can use to evaluate the volatility of the fund. Please verify Nuveen Amt's Standard Deviation of 0.6086, mean deviation of 0.4783, and insignificant Risk Adjusted Performance to check out if the risk estimate we provide is consistent with the expected return of 0.0431%. The fund secures a Beta (Market Risk) of 0.16, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Nuveen Amt's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nuveen Amt is expected to be smaller as well.
Auto-correlation | -0.07 |
Very weak reverse predictability
Nuveen Amt Free Municipal has very weak reverse predictability. Overlapping area represents the amount of predictability between Nuveen Amt time series from 2nd of January 2025 to 17th of January 2025 and 17th of January 2025 to 1st 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 Amt Free price movement. The serial correlation of -0.07 indicates that barely 7.0% of current Nuveen Amt price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.07 | |
| Spearman Rank Test | -0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Nuveen Amt Free lagged returns against current returns
Autocorrelation, which is Nuveen Amt 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 Amt's fund expected returns. We can calculate the autocorrelation of Nuveen Amt returns to help us make a trade decision. For example, suppose you find that Nuveen Amt 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 |
| Timeline |
Nuveen Amt 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 Amt fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nuveen Amt fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nuveen Amt fund over time.
Current vs Lagged Prices |
| Timeline |
Nuveen Amt Lagged Returns
When evaluating Nuveen Amt's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nuveen Amt fund have on its future price. Nuveen Amt 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 Amt autocorrelation shows the relationship between Nuveen Amt fund current value and its past values and can show if there is a momentum factor associated with investing in Nuveen Amt Free 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 Fund
Nuveen Amt 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 Amt security.
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Equity Valuation Check real value of public entities based on technical and fundamental data |