Nuveen Dividend Advantage Fund Technical Analysis
| NAD Fund | USD 12.09 0.09 0.75% |
As of the 25th of November, Nuveen Dividend secures the Mean Deviation of 0.3995, risk adjusted performance of 0.0507, and Downside Deviation of 0.6298. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Nuveen Dividend Advantage, as well as the relationship between them. Please verify Nuveen Dividend Advantage value at risk, as well as the relationship between the semi variance and kurtosis to decide if Nuveen Dividend Advantage is priced some-what accurately, providing market reflects its recent price of 12.09 per share.
Nuveen Dividend Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Nuveen, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NuveenNuveen |
Nuveen Dividend technical fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Nuveen Dividend Advantage Technical Analysis
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Nuveen Dividend Advantage volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Nuveen Dividend Advantage Trend Analysis
Use this graph to draw trend lines for Nuveen Dividend Advantage. You can use it to identify possible trend reversals for Nuveen Dividend as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Nuveen Dividend price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Nuveen Dividend Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Nuveen Dividend Advantage applied against its price change over selected period. The best fit line has a slop of 0.0014 , which may imply that the returns on investment in Nuveen Dividend Advantage will continue to fail. It has 122 observation points and a regression sum of squares at 0.08, which is the sum of squared deviations for the predicted Nuveen Dividend price change compared to its average price change.About Nuveen Dividend Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Nuveen Dividend Advantage on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Nuveen Dividend Advantage based on its technical analysis. In general, a bottom-up approach, as applied to this fund, focuses on Nuveen Dividend Advantage price pattern first instead of the macroeconomic environment surrounding Nuveen Dividend Advantage. By analyzing Nuveen Dividend's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Nuveen Dividend's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Nuveen Dividend specific price patterns or momentum indicators. Please read more on our technical analysis page.
Nuveen Dividend November 25, 2024 Technical Indicators
Most technical analysis of Nuveen help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Nuveen from various momentum indicators to cycle indicators. When you analyze Nuveen charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0507 | |||
| Market Risk Adjusted Performance | 0.6322 | |||
| Mean Deviation | 0.3995 | |||
| Semi Deviation | 0.5724 | |||
| Downside Deviation | 0.6298 | |||
| Coefficient Of Variation | 1390.44 | |||
| Standard Deviation | 0.5309 | |||
| Variance | 0.2819 | |||
| Information Ratio | (0.17) | |||
| Jensen Alpha | 0.0227 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.15) | |||
| Treynor Ratio | 0.6222 | |||
| Maximum Drawdown | 2.82 | |||
| Value At Risk | (0.82) | |||
| Potential Upside | 0.75 | |||
| Downside Variance | 0.3967 | |||
| Semi Variance | 0.3277 | |||
| Expected Short fall | (0.39) | |||
| Skewness | (0.75) | |||
| Kurtosis | 1.54 |
Other Information on Investing in Nuveen Fund
Nuveen Dividend financial ratios help investors to determine whether Nuveen 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 Dividend security.
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