Nuveen Enhanced Yield Etf Market Value
| NUSA Etf | USD 23.05 0.03 0.13% |
| Symbol | Nuveen |
The market value of Nuveen Enhanced Yield 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 Enhanced's value that differs from its market value or its book value, called intrinsic value, which is Nuveen Enhanced'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 Enhanced's market value can be influenced by many factors that don't directly affect Nuveen Enhanced'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 Enhanced's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nuveen Enhanced is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nuveen Enhanced'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 Enhanced '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 Enhanced'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 Enhanced.
| 10/25/2024 |
| 01/23/2025 |
If you would invest 0.00 in Nuveen Enhanced on October 25, 2024 and sell it all today you would earn a total of 0.00 from holding Nuveen Enhanced Yield or generate 0.0% return on investment in Nuveen Enhanced over 90 days. Nuveen Enhanced is related to or competes with NuShares Enhanced, Nuveen ESG, NuShares ETF, and Virtus Newfleet. Under normal market conditions, the fund invests at least 80 percent of the sum of its net assets and the amount of any ... More
Nuveen Enhanced 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 Enhanced'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 Enhanced Yield upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.1362 | |||
| Information Ratio | (0.21) | |||
| Maximum Drawdown | 0.6127 | |||
| Value At Risk | (0.18) | |||
| Potential Upside | 0.3046 |
Nuveen Enhanced Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nuveen Enhanced's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nuveen Enhanced's standard deviation. In reality, there are many statistical measures that can use Nuveen Enhanced historical prices to predict the future Nuveen Enhanced's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.23) | |||
| Treynor Ratio | (0.27) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Nuveen Enhanced'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 Enhanced Yield Backtested Returns
At this point, Nuveen Enhanced is out of control. Nuveen Enhanced Yield has Sharpe Ratio of 0.0815, which conveys that the entity had a 0.0815 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Nuveen Enhanced, which you can use to evaluate the volatility of the etf. Please verify Nuveen Enhanced's Mean Deviation of 0.1168, risk adjusted performance of (0.02), and Downside Deviation of 0.1362 to check out if the risk estimate we provide is consistent with the expected return of 0.0119%. The etf secures a Beta (Market Risk) of 0.0221, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Nuveen Enhanced's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nuveen Enhanced is expected to be smaller as well.
Auto-correlation | 0.67 |
Good predictability
Nuveen Enhanced Yield has good predictability. Overlapping area represents the amount of predictability between Nuveen Enhanced time series from 25th of October 2024 to 9th of December 2024 and 9th of December 2024 to 23rd of January 2025. 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 Enhanced Yield price movement. The serial correlation of 0.67 indicates that around 67.0% of current Nuveen Enhanced price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.67 | |
| Spearman Rank Test | -0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Nuveen Enhanced Yield lagged returns against current returns
Autocorrelation, which is Nuveen Enhanced 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 Enhanced's etf expected returns. We can calculate the autocorrelation of Nuveen Enhanced returns to help us make a trade decision. For example, suppose you find that Nuveen Enhanced 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 Enhanced 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 Enhanced etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nuveen Enhanced etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nuveen Enhanced etf over time.
Current vs Lagged Prices |
| Timeline |
Nuveen Enhanced Lagged Returns
When evaluating Nuveen Enhanced's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nuveen Enhanced etf have on its future price. Nuveen Enhanced 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 Enhanced autocorrelation shows the relationship between Nuveen Enhanced etf current value and its past values and can show if there is a momentum factor associated with investing in Nuveen Enhanced Yield.
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 Enhanced Yield offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Nuveen Enhanced'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 Enhanced Yield Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Nuveen Enhanced Yield Etf:Check out Nuveen Enhanced Correlation, Nuveen Enhanced Volatility and Nuveen Enhanced Alpha and Beta module to complement your research on Nuveen Enhanced. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Nuveen Enhanced 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.