Nuveen Minnesota Quality Fund Market Value
| NMS Fund | USD 11.81 0.03 0.25% |
| Symbol | Nuveen |
Nuveen Minnesota '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 Minnesota'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 Minnesota.
| 07/01/2025 |
| 12/28/2025 |
If you would invest 0.00 in Nuveen Minnesota on July 1, 2025 and sell it all today you would earn a total of 0.00 from holding Nuveen Minnesota Quality or generate 0.0% return on investment in Nuveen Minnesota over 180 days. Nuveen Minnesota is related to or competes with Principal Real, Nuveen Multi, European Equity, Clough Global, Destra Multi, Sit Balanced, and Nuveen Massachusetts. Nuveen Minnesota Quality Municipal Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments... More
Nuveen Minnesota 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 Minnesota'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 Minnesota Quality upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.5898 | |||
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 3.15 | |||
| Value At Risk | (0.76) | |||
| Potential Upside | 0.8606 |
Nuveen Minnesota Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nuveen Minnesota's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nuveen Minnesota's standard deviation. In reality, there are many statistical measures that can use Nuveen Minnesota historical prices to predict the future Nuveen Minnesota's volatility.| Risk Adjusted Performance | 0.0172 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.12) | |||
| Treynor Ratio | 0.0529 |
Nuveen Minnesota Quality Backtested Returns
Currently, Nuveen Minnesota Quality is very steady. Nuveen Minnesota Quality has Sharpe Ratio of 0.0427, which conveys that the entity had a 0.0427 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Nuveen Minnesota, which you can use to evaluate the volatility of the fund. Please verify Nuveen Minnesota's Downside Deviation of 0.5898, mean deviation of 0.3796, and Risk Adjusted Performance of 0.0172 to check out if the risk estimate we provide is consistent with the expected return of 0.0242%. The fund secures a Beta (Market Risk) of 0.11, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Nuveen Minnesota's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nuveen Minnesota is expected to be smaller as well.
Auto-correlation | 0.46 |
Average predictability
Nuveen Minnesota Quality has average predictability. Overlapping area represents the amount of predictability between Nuveen Minnesota time series from 1st of July 2025 to 29th of September 2025 and 29th of September 2025 to 28th of December 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 Minnesota Quality price movement. The serial correlation of 0.46 indicates that about 46.0% of current Nuveen Minnesota price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.46 | |
| Spearman Rank Test | 0.51 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Nuveen Minnesota Quality lagged returns against current returns
Autocorrelation, which is Nuveen Minnesota 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 Minnesota's fund expected returns. We can calculate the autocorrelation of Nuveen Minnesota returns to help us make a trade decision. For example, suppose you find that Nuveen Minnesota 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 Minnesota 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 Minnesota fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nuveen Minnesota fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nuveen Minnesota fund over time.
Current vs Lagged Prices |
| Timeline |
Nuveen Minnesota Lagged Returns
When evaluating Nuveen Minnesota's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nuveen Minnesota fund have on its future price. Nuveen Minnesota 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 Minnesota autocorrelation shows the relationship between Nuveen Minnesota fund current value and its past values and can show if there is a momentum factor associated with investing in Nuveen Minnesota Quality.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Nuveen Fund
Nuveen Minnesota 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 Minnesota security.
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