Nuveen Preferred And Etf Performance
| NPFI Etf | 25.93 0.06 0.23% |
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.
Risk-Adjusted Performance
12 of 100
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Good
Compared to the overall equity markets, risk-adjusted returns on investments in Nuveen Preferred and are ranked lower than 12 (%) of all global equities and portfolios over the last 90 days. Despite fairly strong technical and fundamental indicators, Nuveen Preferred is not utilizing all of its potentials. The current stock price confusion, may contribute to short-horizon losses for the traders. ...more
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Nuveen Preferred Relative Risk vs. Return Landscape
If you would invest 2,552 in Nuveen Preferred and on September 1, 2024 and sell it today you would earn a total of 41.00 from holding Nuveen Preferred and or generate 1.61% return on investment over 90 days. Nuveen Preferred and is currently generating 0.025% in daily expected returns and assumes 0.1587% risk (volatility on return distribution) over the 90 days horizon. In different words, 1% of etfs are less volatile than Nuveen, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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Nuveen Preferred Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nuveen Preferred's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Nuveen Preferred and, and traders can use it to determine the average amount a Nuveen Preferred'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 = 0.1577
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Estimated Market Risk
| 0.16 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Nuveen Preferred is performing at about 12% 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 Preferred by adding it to a well-diversified portfolio.
About Nuveen Preferred Performance
By evaluating Nuveen Preferred's fundamental ratios, stakeholders can gain valuable insights into Nuveen Preferred's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Nuveen Preferred 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 Preferred 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.
Nuveen Preferred is entity of United States. It is traded as Etf on NASDAQ exchange.