Nuveen Core Plus Stock Market Value
| NPCT Stock | USD 11.33 0.07 0.62% |
| Symbol | Nuveen |
Nuveen Core Plus Company Valuation
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 Core. 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 Core listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 1.13 |
The market value of Nuveen Core Plus 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 Core's value that differs from its market value or its book value, called intrinsic value, which is Nuveen Core'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 Core's market value can be influenced by many factors that don't directly affect Nuveen Core'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 Core's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nuveen Core is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nuveen Core'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 Core '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 Core'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 Core.
| 05/30/2024 |
| 11/26/2024 |
If you would invest 0.00 in Nuveen Core on May 30, 2024 and sell it all today you would earn a total of 0.00 from holding Nuveen Core Plus or generate 0.0% return on investment in Nuveen Core over 180 days. Nuveen Core is related to or competes with Safeplus International, and MidCap Financial. Nuveen Core is entity of United States. It is traded as Stock on NYSE exchange. More
Nuveen Core 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 Core'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 Core Plus upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.5917 | |||
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 2.66 | |||
| Value At Risk | (1.05) | |||
| Potential Upside | 0.8826 |
Nuveen Core Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nuveen Core's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nuveen Core's standard deviation. In reality, there are many statistical measures that can use Nuveen Core historical prices to predict the future Nuveen Core's volatility.| Risk Adjusted Performance | 0.0328 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.17) | |||
| Treynor Ratio | 0.0829 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Nuveen Core'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 Core Plus Backtested Returns
Currently, Nuveen Core Plus is very steady. Nuveen Core Plus has Sharpe Ratio of 0.0456, which conveys that the firm had a 0.0456% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Nuveen Core, which you can use to evaluate the volatility of the firm. Please verify Nuveen Core's Downside Deviation of 0.5917, mean deviation of 0.4324, and Risk Adjusted Performance of 0.0328 to check out if the risk estimate we provide is consistent with the expected return of 0.0267%. Nuveen Core has a performance score of 3 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.21, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Nuveen Core's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nuveen Core is expected to be smaller as well. Nuveen Core Plus right now secures a risk of 0.59%. Please verify Nuveen Core Plus downside variance, as well as the relationship between the accumulation distribution and market facilitation index , to decide if Nuveen Core Plus will be following its current price movements.
Auto-correlation | -0.45 |
Modest reverse predictability
Nuveen Core Plus has modest reverse predictability. Overlapping area represents the amount of predictability between Nuveen Core time series from 30th of May 2024 to 28th of August 2024 and 28th of August 2024 to 26th 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 Core Plus price movement. The serial correlation of -0.45 indicates that just about 45.0% of current Nuveen Core price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.45 | |
| Spearman Rank Test | -0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Nuveen Core Plus lagged returns against current returns
Autocorrelation, which is Nuveen Core 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 Core's stock expected returns. We can calculate the autocorrelation of Nuveen Core returns to help us make a trade decision. For example, suppose you find that Nuveen Core 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 Core 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 Core stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nuveen Core stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nuveen Core stock over time.
Current vs Lagged Prices |
| Timeline |
Nuveen Core Lagged Returns
When evaluating Nuveen Core's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nuveen Core stock have on its future price. Nuveen Core 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 Core autocorrelation shows the relationship between Nuveen Core stock current value and its past values and can show if there is a momentum factor associated with investing in Nuveen Core Plus.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Nuveen Stock Analysis
When running Nuveen Core's price analysis, check to measure Nuveen Core's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nuveen Core is operating at the current time. Most of Nuveen Core's value examination focuses on studying past and present price action to predict the probability of Nuveen Core's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nuveen Core's price. Additionally, you may evaluate how the addition of Nuveen Core to your portfolios can decrease your overall portfolio volatility.