Nuveen Nwq Large Cap Fund Market Value
| NQCAX Fund | USD 5.45 0.06 1.11% |
| Symbol | Nuveen |
Nuveen Nwq '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 Nwq'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 Nwq.
| 10/29/2023 |
| 11/22/2024 |
If you would invest 0.00 in Nuveen Nwq on October 29, 2023 and sell it all today you would earn a total of 0.00 from holding Nuveen Nwq Large Cap or generate 0.0% return on investment in Nuveen Nwq over 390 days. Nuveen Nwq is related to or competes with Vanguard Financials, John Hancock, Prudential Jennison, Mesirow Financial, and Icon Financial. The fund normally invests at least 80 percent of the sum of its net assets and the amount of any borrowings for investme... More
Nuveen Nwq 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 Nwq'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 Nwq Large Cap upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7711 | |||
| Information Ratio | 0.0422 | |||
| Maximum Drawdown | 4.38 | |||
| Value At Risk | (0.96) | |||
| Potential Upside | 1.13 |
Nuveen Nwq Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nuveen Nwq's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nuveen Nwq's standard deviation. In reality, there are many statistical measures that can use Nuveen Nwq historical prices to predict the future Nuveen Nwq's volatility.| Risk Adjusted Performance | 0.1436 | |||
| Jensen Alpha | 0.0416 | |||
| Total Risk Alpha | 0.0335 | |||
| Sortino Ratio | 0.041 | |||
| Treynor Ratio | 0.1457 |
Nuveen Nwq Large Backtested Returns
At this stage we consider Nuveen Mutual Fund to be not too volatile. Nuveen Nwq Large has Sharpe Ratio of 0.19, which conveys that the entity had a 0.19% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Nuveen Nwq, which you can use to evaluate the volatility of the fund. Please verify Nuveen Nwq's Risk Adjusted Performance of 0.1436, mean deviation of 0.547, and Downside Deviation of 0.7711 to check out if the risk estimate we provide is consistent with the expected return of 0.14%. The fund secures a Beta (Market Risk) of 0.9, which conveys possible diversification benefits within a given portfolio. Nuveen Nwq returns are very sensitive to returns on the market. As the market goes up or down, Nuveen Nwq is expected to follow.
Auto-correlation | 0.83 |
Very good predictability
Nuveen Nwq Large Cap has very good predictability. Overlapping area represents the amount of predictability between Nuveen Nwq time series from 29th of October 2023 to 11th of May 2024 and 11th of May 2024 to 22nd 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 Nwq Large price movement. The serial correlation of 0.83 indicates that around 83.0% of current Nuveen Nwq price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.83 | |
| Spearman Rank Test | 0.85 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Nuveen Nwq Large lagged returns against current returns
Autocorrelation, which is Nuveen Nwq 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 Nwq's mutual fund expected returns. We can calculate the autocorrelation of Nuveen Nwq returns to help us make a trade decision. For example, suppose you find that Nuveen Nwq 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 Nwq 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 Nwq mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nuveen Nwq 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 Nwq mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Nuveen Nwq Lagged Returns
When evaluating Nuveen Nwq's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nuveen Nwq mutual fund have on its future price. Nuveen Nwq 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 Nwq autocorrelation shows the relationship between Nuveen Nwq mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Nuveen Nwq Large Cap.
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 Nwq 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 Nwq security.
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators |