Nuveen Esg Mid Cap Etf Performance
| NUMV Etf | USD 37.72 0.31 0.83% |
The etf secures a Beta (Market Risk) of 0.79, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Nuveen ESG's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nuveen ESG 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 ESG Mid Cap are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. In spite of fairly stable primary indicators, Nuveen ESG is not utilizing all of its potentials. The latest stock price fuss, may contribute to near-short-term losses for the sophisticated investors. ...more
| In Threey Sharp Ratio | 0.03 |
Nuveen |
Nuveen ESG Relative Risk vs. Return Landscape
If you would invest 3,583 in Nuveen ESG Mid Cap on August 26, 2024 and sell it today you would earn a total of 189.00 from holding Nuveen ESG Mid Cap or generate 5.27% return on investment over 90 days. Nuveen ESG Mid Cap is currently generating 0.0816% in daily expected returns and assumes 0.7082% risk (volatility on return distribution) over the 90 days horizon. In different words, 6% 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 ESG Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nuveen ESG's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Nuveen ESG Mid Cap, and traders can use it to determine the average amount a Nuveen ESG'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 = 0.1152
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Estimated Market Risk
| 0.71 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Nuveen ESG is performing at about 9% 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 ESG by adding it to a well-diversified portfolio.
Nuveen ESG Fundamentals Growth
Nuveen Etf prices reflect investors' perceptions of the future prospects and financial health of Nuveen ESG, and Nuveen ESG 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 | 282.18 M | |||
About Nuveen ESG Performance
Evaluating Nuveen ESG's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Nuveen ESG 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 ESG 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.
Under normal market conditions, the fund invests at least 80 percent of the sum of its net assets and the amount of any borrowings for investment purposes in component securities of the index. Nushares ESG is traded on BATS Exchange in the United States.Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nuveen ESG Mid Cap. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
The market value of Nuveen ESG Mid 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 ESG's value that differs from its market value or its book value, called intrinsic value, which is Nuveen ESG'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 ESG's market value can be influenced by many factors that don't directly affect Nuveen ESG'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 ESG's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nuveen ESG is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nuveen ESG'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.