Nuveen Variable Rate Stock Market Value
| NPFD Stock | USD 18.92 0.10 0.53% |
| Symbol | Nuveen |
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 Variable. 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 Variable listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Nuveen Variable Rate 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 Variable's value that differs from its market value or its book value, called intrinsic value, which is Nuveen Variable'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 Variable's market value can be influenced by many factors that don't directly affect Nuveen Variable'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 Variable's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nuveen Variable is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nuveen Variable'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 Variable '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 Variable'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 Variable.
| 01/31/2024 |
| 11/26/2024 |
If you would invest 0.00 in Nuveen Variable on January 31, 2024 and sell it all today you would earn a total of 0.00 from holding Nuveen Variable Rate or generate 0.0% return on investment in Nuveen Variable over 300 days. Nuveen Variable is related to or competes with Gabelli Equity, Virtus AllianzGI, Gabelli Equity, Oxford Lane, Gabelli Utility, Gabelli Multimedia, and Invesco Advantage. Nuveen Variable Rate Preferred Income Fund operates as a closed-end management investment company More
Nuveen Variable 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 Variable'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 Variable Rate upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.5878 | |||
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 2.87 | |||
| Value At Risk | (0.87) | |||
| Potential Upside | 0.9019 |
Nuveen Variable Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nuveen Variable's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nuveen Variable's standard deviation. In reality, there are many statistical measures that can use Nuveen Variable historical prices to predict the future Nuveen Variable's volatility.| Risk Adjusted Performance | 0.0809 | |||
| Jensen Alpha | 0.0378 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.11) | |||
| Treynor Ratio | 0.4502 |
Nuveen Variable Rate Backtested Returns
At this point, Nuveen Variable is very steady. Nuveen Variable Rate has Sharpe Ratio of 0.11, which conveys that the firm had a 0.11% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Nuveen Variable, which you can use to evaluate the volatility of the firm. Please verify Nuveen Variable's Downside Deviation of 0.5878, mean deviation of 0.4255, and Risk Adjusted Performance of 0.0809 to check out if the risk estimate we provide is consistent with the expected return of 0.0614%. Nuveen Variable has a performance score of 8 on a scale of 0 to 100. The company 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 Variable's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nuveen Variable is expected to be smaller as well. Nuveen Variable Rate right now secures a risk of 0.55%. Please verify Nuveen Variable Rate value at risk, kurtosis, market facilitation index, as well as the relationship between the semi variance and rate of daily change , to decide if Nuveen Variable Rate will be following its current price movements.
Auto-correlation | 0.57 |
Modest predictability
Nuveen Variable Rate has modest predictability. Overlapping area represents the amount of predictability between Nuveen Variable time series from 31st of January 2024 to 29th of June 2024 and 29th of June 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 Variable Rate price movement. The serial correlation of 0.57 indicates that roughly 57.0% of current Nuveen Variable price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.57 | |
| Spearman Rank Test | 0.69 | |
| Residual Average | 0.0 | |
| Price Variance | 0.19 |
Nuveen Variable Rate lagged returns against current returns
Autocorrelation, which is Nuveen Variable 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 Variable's stock expected returns. We can calculate the autocorrelation of Nuveen Variable returns to help us make a trade decision. For example, suppose you find that Nuveen Variable 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 Variable 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 Variable stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nuveen Variable stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nuveen Variable stock over time.
Current vs Lagged Prices |
| Timeline |
Nuveen Variable Lagged Returns
When evaluating Nuveen Variable's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nuveen Variable stock have on its future price. Nuveen Variable 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 Variable autocorrelation shows the relationship between Nuveen Variable stock current value and its past values and can show if there is a momentum factor associated with investing in Nuveen Variable Rate.
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.When determining whether Nuveen Variable Rate is a strong investment it is important to analyze Nuveen Variable's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Nuveen Variable's future performance. For an informed investment choice regarding Nuveen Stock, refer to the following important reports:Check out Nuveen Variable Correlation, Nuveen Variable Volatility and Nuveen Variable Alpha and Beta module to complement your research on Nuveen Variable. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Nuveen Variable 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.