Nuveen Growth Opportunities Etf Performance
| NUGO Etf | USD 35.12 0.16 0.45% |
The etf secures a Beta (Market Risk) of 0.39, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Nuveen Growth's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nuveen Growth is expected to be smaller as well.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Nuveen Growth Opportunities are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. In spite of very fragile technical and fundamental indicators, Nuveen Growth may actually be approaching a critical reversion point that can send shares even higher in March 2025. ...more
1 | When Moves Investors should Listen - Stock Traders Daily | 12/16/2024 |
2 | Trading Signals - Stock Traders Daily | 01/27/2025 |
| In Threey Sharp Ratio | 0.36 |
Nuveen |
Nuveen Growth Relative Risk vs. Return Landscape
If you would invest 3,272 in Nuveen Growth Opportunities on November 3, 2024 and sell it today you would earn a total of 240.00 from holding Nuveen Growth Opportunities or generate 7.33% return on investment over 90 days. Nuveen Growth Opportunities is currently generating 0.1237% in daily expected returns and assumes 1.2401% risk (volatility on return distribution) over the 90 days horizon. In different words, 11% of etfs are less volatile than Nuveen, and 98% 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 Growth Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nuveen Growth's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Nuveen Growth Opportunities, and traders can use it to determine the average amount a Nuveen Growth'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 = 0.0998
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| Cash | NUGO | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.24 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Nuveen Growth is performing at about 7% 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 Growth by adding it to a well-diversified portfolio.
Nuveen Growth Fundamentals Growth
Nuveen Etf prices reflect investors' perceptions of the future prospects and financial health of Nuveen Growth, and Nuveen Growth 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 Etf performance.
| Total Asset | 2.15 B | |||
About Nuveen Growth Performance
By examining Nuveen Growth's fundamental ratios, stakeholders can obtain critical insights into Nuveen Growth's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Nuveen Growth is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Under normal market conditions, the fund seeks to achieve its investment objective by investing primarily in exchange-traded equity securities of U.S. companies with market capitalizations of at least 1 billion. Nuveen Growth is traded on NYSEARCA Exchange in the United States.| Latest headline from news.google.com: Trading Signals - Stock Traders Daily | |
| The fund maintains 96.94% of its assets in stocks |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nuveen Growth Opportunities. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
The market value of Nuveen Growth Opport 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 Growth's value that differs from its market value or its book value, called intrinsic value, which is Nuveen Growth'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 Growth's market value can be influenced by many factors that don't directly affect Nuveen Growth'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 Growth's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nuveen Growth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nuveen Growth'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.