Nuveen Short Term Reit Etf Market Value
| NURE Etf | USD 34.58 0.27 0.79% |
| Symbol | Nuveen |
The market value of Nuveen Short Term 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 Short's value that differs from its market value or its book value, called intrinsic value, which is Nuveen Short'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 Short's market value can be influenced by many factors that don't directly affect Nuveen Short'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 Short's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nuveen Short is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nuveen Short'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 Short '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 Short'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 Short.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Nuveen Short on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Nuveen Short Term REIT or generate 0.0% return on investment in Nuveen Short over 30 days. Nuveen Short is related to or competes with Pacer Benchmark, JPMorgan BetaBuilders, US Diversified, and Invesco Active. The fund invests at least 80 percent of the sum of its net assets and the amount of any borrowings for investment purpos... More
Nuveen Short 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 Short'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 Short Term REIT upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9153 | |||
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 3.63 | |||
| Value At Risk | (1.34) | |||
| Potential Upside | 1.35 |
Nuveen Short Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nuveen Short's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nuveen Short's standard deviation. In reality, there are many statistical measures that can use Nuveen Short historical prices to predict the future Nuveen Short's volatility.| Risk Adjusted Performance | 0.0558 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | 0.1018 |
Nuveen Short Term Backtested Returns
At this point, Nuveen Short is very steady. Nuveen Short Term has Sharpe Ratio of 0.0466, which conveys that the entity had a 0.0466% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Nuveen Short, which you can use to evaluate the volatility of the etf. Please verify Nuveen Short's Mean Deviation of 0.6796, downside deviation of 0.9153, and Risk Adjusted Performance of 0.0558 to check out if the risk estimate we provide is consistent with the expected return of 0.0402%. The etf secures a Beta (Market Risk) of 0.5, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Nuveen Short's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nuveen Short is expected to be smaller as well.
Auto-correlation | 0.85 |
Very good predictability
Nuveen Short Term REIT has very good predictability. Overlapping area represents the amount of predictability between Nuveen Short time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th 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 Short Term price movement. The serial correlation of 0.85 indicates that around 85.0% of current Nuveen Short price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.85 | |
| Spearman Rank Test | 0.69 | |
| Residual Average | 0.0 | |
| Price Variance | 0.31 |
Nuveen Short Term lagged returns against current returns
Autocorrelation, which is Nuveen Short 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 Short's etf expected returns. We can calculate the autocorrelation of Nuveen Short returns to help us make a trade decision. For example, suppose you find that Nuveen Short 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 |
| Timeline |
Nuveen Short 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 Short etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nuveen Short etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nuveen Short etf over time.
Current vs Lagged Prices |
| Timeline |
Nuveen Short Lagged Returns
When evaluating Nuveen Short's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nuveen Short etf have on its future price. Nuveen Short 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 Short autocorrelation shows the relationship between Nuveen Short etf current value and its past values and can show if there is a momentum factor associated with investing in Nuveen Short Term REIT.
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 Short Term is a strong investment it is important to analyze Nuveen Short'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 Short's future performance. For an informed investment choice regarding Nuveen Etf, refer to the following important reports:Check out Nuveen Short Correlation, Nuveen Short Volatility and Nuveen Short Alpha and Beta module to complement your research on Nuveen Short. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Nuveen Short 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.