Nuveen Intermediate Duration Fund Market Value
| NMBAX Fund | USD 8.91 0.04 0.45% |
| Symbol | Nuveen |
Nuveen Intermediate '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 Intermediate'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 Intermediate.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Nuveen Intermediate on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Nuveen Intermediate Duration or generate 0.0% return on investment in Nuveen Intermediate over 30 days. Nuveen Intermediate is related to or competes with Nuveen Small, Nuveen Real, Nuveen Real, Nuveen Preferred, Nuveen Preferred, Nuveen Preferred, and Nuveen Preferred. Under normal market conditions, the fund invests at least 80 percent of the sum of its net assets and the amount of any ... More
Nuveen Intermediate 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 Intermediate'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 Intermediate Duration upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.3144 | |||
| Information Ratio | (0.59) | |||
| Maximum Drawdown | 1.25 | |||
| Value At Risk | (0.23) | |||
| Potential Upside | 0.339 |
Nuveen Intermediate Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nuveen Intermediate's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nuveen Intermediate's standard deviation. In reality, there are many statistical measures that can use Nuveen Intermediate historical prices to predict the future Nuveen Intermediate's volatility.| Risk Adjusted Performance | 0.0117 | |||
| Jensen Alpha | 0.0119 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.40) | |||
| Treynor Ratio | (0.01) |
Nuveen Intermediate Backtested Returns
At this stage we consider Nuveen Mutual Fund to be very steady. Nuveen Intermediate has Sharpe Ratio of 0.0173, which conveys that the entity had a 0.0173% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Nuveen Intermediate, which you can use to evaluate the volatility of the fund. Please verify Nuveen Intermediate's Mean Deviation of 0.1404, downside deviation of 0.3144, and Risk Adjusted Performance of 0.0117 to check out if the risk estimate we provide is consistent with the expected return of 0.0037%. The fund secures a Beta (Market Risk) of -0.0899, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Nuveen Intermediate are expected to decrease at a much lower rate. During the bear market, Nuveen Intermediate is likely to outperform the market.
Auto-correlation | 0.54 |
Modest predictability
Nuveen Intermediate Duration has modest predictability. Overlapping area represents the amount of predictability between Nuveen Intermediate time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th of November 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 Intermediate price movement. The serial correlation of 0.54 indicates that about 54.0% of current Nuveen Intermediate price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.54 | |
| Spearman Rank Test | 0.75 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Nuveen Intermediate lagged returns against current returns
Autocorrelation, which is Nuveen Intermediate 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 Intermediate's mutual fund expected returns. We can calculate the autocorrelation of Nuveen Intermediate returns to help us make a trade decision. For example, suppose you find that Nuveen Intermediate 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 Intermediate 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 Intermediate mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nuveen Intermediate 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 Intermediate mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Nuveen Intermediate Lagged Returns
When evaluating Nuveen Intermediate's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nuveen Intermediate mutual fund have on its future price. Nuveen Intermediate 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 Intermediate autocorrelation shows the relationship between Nuveen Intermediate mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Nuveen Intermediate Duration.
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 Mutual Fund
Nuveen Intermediate 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 Intermediate security.
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