Nuveen Equity Longshort Fund Manager Performance Evaluation
| NELAX Fund | USD 61.33 0.30 0.49% |
The fund secures a Beta (Market Risk) of -0.0421, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Nuveen Equity are expected to decrease at a much lower rate. During the bear market, Nuveen Equity is likely to outperform the market.
Risk-Adjusted Performance
14 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Nuveen Equity Longshort are ranked lower than 14 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak basic indicators, Nuveen Equity may actually be approaching a critical reversion point that can send shares even higher in December 2024.
...more| Expense Ratio Date | 29th of December 2022 | |
| Expense Ratio | 2.2100 |
Nuveen |
Nuveen Equity Relative Risk vs. Return Landscape
If you would invest 5,717 in Nuveen Equity Longshort on August 24, 2024 and sell it today you would earn a total of 416.00 from holding Nuveen Equity Longshort or generate 7.28% return on investment over 90 days. Nuveen Equity Longshort is currently producing 0.1115% returns and takes up 0.5885% volatility of returns over 90 trading days. Put another way, 5% of traded mutual funds are less volatile than Nuveen, and 98% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Nuveen Equity Current Valuation
Overvalued
Today
Please note that Nuveen Equity's price fluctuation is very steady at this time. At this time, the fund appears to be overvalued. Nuveen Equity Longshort secures a last-minute Real Value of $59.42 per share. The latest price of the fund is $61.33. We determine the value of Nuveen Equity Longshort from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will merge together.
Since Nuveen Equity is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Nuveen Mutual Fund. However, Nuveen Equity's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 61.33 | Real 59.42 | Hype 61.33 | Naive 61.21 |
The intrinsic value of Nuveen Equity's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Nuveen Equity's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Nuveen Equity Longshort helps investors to forecast how Nuveen mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Nuveen Equity more accurately as focusing exclusively on Nuveen Equity's fundamentals will not take into account other important factors: Nuveen Equity Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nuveen Equity's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Nuveen Equity Longshort, and traders can use it to determine the average amount a Nuveen Equity's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1895
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Estimated Market Risk
| 0.59 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 14 86% of assets perform better |
Based on monthly moving average Nuveen Equity is performing at about 14% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Nuveen Equity by adding it to a well-diversified portfolio.
Nuveen Equity Fundamentals Growth
Nuveen Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Nuveen Equity, and Nuveen Equity fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Nuveen Mutual Fund performance.
| Price To Earning | 17.73 X | |||
| Price To Book | 2.28 X | |||
| Price To Sales | 0.98 X | |||
| Total Asset | 25.14 M | |||
About Nuveen Equity Performance
Evaluating Nuveen Equity's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Nuveen Equity has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Nuveen Equity has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The fund pursues its investment objective by establishing long and short positions in a diversified portfolio of equity securities. Substantially all of the equity securities in which the fund takes long and short positions will be included in the funds benchmark index, the Russell 1000 Index, at the time the position is taken. As a result, the fund will invest significantly in large-capitalization companies, though it may also invest in mid-capitalization companies.Things to note about Nuveen Equity Longshort performance evaluation
Checking the ongoing alerts about Nuveen Equity for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Nuveen Equity Longshort help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund maintains about 30.73% of its assets in cash |
- Analyzing Nuveen Equity's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Nuveen Equity's stock is overvalued or undervalued compared to its peers.
- Examining Nuveen Equity's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Nuveen Equity's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nuveen Equity's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Nuveen Equity's mutual fund. These opinions can provide insight into Nuveen Equity's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Nuveen Mutual Fund
Nuveen Equity 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 Equity security.
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