Nuveen Multi Asset Income Stock Market Value
| NMAI Stock | USD 12.80 0.10 0.79% |
| Symbol | Nuveen |
Nuveen Multi Asset Price To Book Ratio
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nuveen Multi. If investors know Nuveen will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nuveen Multi listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 1.38 |
The market value of Nuveen Multi Asset is measured differently than its book value, which is the value of Nuveen that is recorded on the company's balance sheet. Investors also form their own opinion of Nuveen Multi's value that differs from its market value or its book value, called intrinsic value, which is Nuveen Multi's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nuveen Multi's market value can be influenced by many factors that don't directly affect Nuveen Multi's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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 stock 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.
| 11/02/2024 |
| 12/02/2024 |
If you would invest 0.00 in Nuveen Multi on November 2, 2024 and sell it all today you would earn a total of 0.00 from holding Nuveen Multi Asset Income or generate 0.0% return on investment in Nuveen Multi over 30 days. Nuveen Multi is related to or competes with Western Asset, Invesco Trust, Logan Ridge, Invesco Advantage, Invesco Municipal, Rand Capital, and Noah Holdings. Nuveen Multi is entity of United States. It is traded as Stock on NYSE exchange. 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 stock 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 Asset Income upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.24) | |||
| Maximum Drawdown | 2.72 | |||
| Value At Risk | (0.85) | |||
| Potential Upside | 0.9693 |
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.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.11) | |||
| Treynor Ratio | (0.03) |
Nuveen Multi Asset Backtested Returns
Nuveen Multi Asset has Sharpe Ratio of -0.013, which conveys that the firm had a -0.013% return per unit of risk over the last 3 months. Nuveen Multi exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nuveen Multi's Standard Deviation of 0.5874, mean deviation of 0.4544, and Risk Adjusted Performance of (0.01) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.43, 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. At this point, Nuveen Multi Asset has a negative expected return of -0.0071%. Please make sure to verify Nuveen Multi's value at risk, accumulation distribution, as well as the relationship between the Accumulation Distribution and day typical price , to decide if Nuveen Multi Asset performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.53 |
Good reverse predictability
Nuveen Multi Asset Income has good reverse predictability. Overlapping area represents the amount of predictability between Nuveen Multi time series from 2nd of November 2024 to 17th of November 2024 and 17th of November 2024 to 2nd of December 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 Multi Asset price movement. The serial correlation of -0.53 indicates that about 53.0% of current Nuveen Multi price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.53 | |
| Spearman Rank Test | -0.49 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Nuveen Multi Asset lagged returns against current returns
Autocorrelation, which is Nuveen Multi stock'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 stock 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 stock 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 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 stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nuveen Multi stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nuveen Multi stock over time.
Current vs Lagged 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 stock 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 stock current value and its past values and can show if there is a momentum factor associated with investing in Nuveen Multi Asset Income.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Nuveen Multi Asset offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Nuveen Multi's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Nuveen Multi Asset Income Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nuveen Multi Asset Income Stock:Check out Nuveen Multi Correlation, Nuveen Multi Volatility and Nuveen Multi Alpha and Beta module to complement your research on Nuveen Multi. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Nuveen Multi technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.