Nuveen Preferred And Etf Market Value
| NPFI Etf | 25.93 0.06 0.23% |
| Symbol | Nuveen |
The market value of Nuveen Preferred 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 Preferred's value that differs from its market value or its book value, called intrinsic value, which is Nuveen Preferred'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 Preferred's market value can be influenced by many factors that don't directly affect Nuveen Preferred'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 Preferred's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nuveen Preferred is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nuveen Preferred'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 Preferred '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 Preferred's etf 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 Preferred.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Nuveen Preferred on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Nuveen Preferred and or generate 0.0% return on investment in Nuveen Preferred over 30 days. Nuveen Preferred is related to or competes with VanEck Preferred, Invesco Preferred, Invesco Financial, Global X, and Invesco Variable. Nuveen Preferred is entity of United States More
Nuveen Preferred 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 Preferred's etf 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 Preferred and upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.166 | |||
| Information Ratio | (0.71) | |||
| Maximum Drawdown | 0.8162 | |||
| Value At Risk | (0.23) | |||
| Potential Upside | 0.3101 |
Nuveen Preferred Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nuveen Preferred's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nuveen Preferred's standard deviation. In reality, there are many statistical measures that can use Nuveen Preferred historical prices to predict the future Nuveen Preferred's volatility.| Risk Adjusted Performance | 0.0885 | |||
| Jensen Alpha | 0.0094 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.67) | |||
| Treynor Ratio | 0.3076 |
Nuveen Preferred Backtested Returns
Nuveen Preferred is very steady at the moment. Nuveen Preferred has Sharpe Ratio of 0.16, which conveys that the entity had a 0.16% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Nuveen Preferred, which you can use to evaluate the volatility of the etf. Please verify Nuveen Preferred's Risk Adjusted Performance of 0.0885, mean deviation of 0.1163, and Coefficient Of Variation of 600.25 to check out if the risk estimate we provide is consistent with the expected return of 0.025%. The etf secures a Beta (Market Risk) of 0.0522, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Nuveen Preferred's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nuveen Preferred is expected to be smaller as well.
Auto-correlation | 0.37 |
Below average predictability
Nuveen Preferred and has below average predictability. Overlapping area represents the amount of predictability between Nuveen Preferred 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 Preferred price movement. The serial correlation of 0.37 indicates that just about 37.0% of current Nuveen Preferred price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.37 | |
| Spearman Rank Test | 0.61 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Nuveen Preferred lagged returns against current returns
Autocorrelation, which is Nuveen Preferred etf'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 Preferred's etf expected returns. We can calculate the autocorrelation of Nuveen Preferred returns to help us make a trade decision. For example, suppose you find that Nuveen Preferred has exhibited high autocorrelation historically, and you observe that the etf 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 |
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Nuveen Preferred 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 Preferred etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nuveen Preferred etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nuveen Preferred etf over time.
Current vs Lagged Prices |
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Nuveen Preferred Lagged Returns
When evaluating Nuveen Preferred's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nuveen Preferred etf have on its future price. Nuveen Preferred 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 Preferred autocorrelation shows the relationship between Nuveen Preferred etf current value and its past values and can show if there is a momentum factor associated with investing in Nuveen Preferred and.
Regressed Prices |
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Currently Active Assets on Macroaxis
When determining whether Nuveen Preferred offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Nuveen Preferred'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 Preferred And Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Nuveen Preferred And Etf:Check out Nuveen Preferred Correlation, Nuveen Preferred Volatility and Nuveen Preferred Alpha and Beta module to complement your research on Nuveen Preferred. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Nuveen Preferred technical etf 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, etf market cycles, or different charting patterns.