Nuveen Minnesota Quality Fund Manager Performance Evaluation
| XMNSX Fund | USD 12.81 0.03 0.23% |
The fund secures a Beta (Market Risk) of -0.13, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Nuveen Minnesota are expected to decrease at a much lower rate. During the bear market, Nuveen Minnesota is likely to outperform the market.
Risk-Adjusted Performance
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Over the last 90 days Nuveen Minnesota Quality has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong basic indicators, Nuveen Minnesota is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio | 1.7100 |
Nuveen |
Nuveen Minnesota Relative Risk vs. Return Landscape
If you would invest 1,293 in Nuveen Minnesota Quality on September 12, 2024 and sell it today you would lose (12.00) from holding Nuveen Minnesota Quality or give up 0.93% of portfolio value over 90 days. Nuveen Minnesota Quality is currently producing negative expected returns and takes up 0.384% volatility of returns over 90 trading days. Put another way, 3% of traded mutual funds are less volatile than Nuveen, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Nuveen Minnesota Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nuveen Minnesota's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Nuveen Minnesota Quality, and traders can use it to determine the average amount a Nuveen Minnesota'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 = -0.036
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | XMNSX |
Estimated Market Risk
| 0.38 actual daily | 3 97% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Nuveen Minnesota is not performing at its full potential. However, 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 Minnesota by adding Nuveen Minnesota to a well-diversified portfolio.
About Nuveen Minnesota Performance
Evaluating Nuveen Minnesota's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Nuveen Minnesota 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 Minnesota 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.
Things to note about Nuveen Minnesota Quality performance evaluation
Checking the ongoing alerts about Nuveen Minnesota for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Nuveen Minnesota Quality help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Nuveen Minnesota generated a negative expected return over the last 90 days |
- Analyzing Nuveen Minnesota'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 Minnesota's stock is overvalued or undervalued compared to its peers.
- Examining Nuveen Minnesota'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 Minnesota's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nuveen Minnesota's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Nuveen Minnesota's mutual fund. These opinions can provide insight into Nuveen Minnesota's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Nuveen Mutual Fund
Nuveen Minnesota 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 Minnesota security.
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