Nuveen Esg Small Cap Etf Technical Analysis
NUSC Etf | USD 45.45 0.80 1.79% |
As of the 24th of November, Nuveen ESG secures the Downside Deviation of 0.9701, mean deviation of 0.8085, and Risk Adjusted Performance of 0.1043. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Nuveen ESG Small, as well as the relationship between them.
Nuveen ESG 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 ESG technical etf 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, etf market cycles, or different charting patterns.
Nuveen ESG Small Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. 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 ESG Small volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Nuveen ESG Small Trend Analysis
Use this graph to draw trend lines for Nuveen ESG Small Cap. You can use it to identify possible trend reversals for Nuveen ESG 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 ESG price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Nuveen ESG Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Nuveen ESG Small Cap applied against its price change over selected period. The best fit line has a slop of 0.06 , which means Nuveen ESG Small Cap will continue generating value for investors. It has 122 observation points and a regression sum of squares at 136.09, which is the sum of squared deviations for the predicted Nuveen ESG price change compared to its average price change.About Nuveen ESG 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 ESG Small Cap 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 ESG Small Cap based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Nuveen ESG Small price pattern first instead of the macroeconomic environment surrounding Nuveen ESG Small. By analyzing Nuveen ESG'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 ESG'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 ESG specific price patterns or momentum indicators. Please read more on our technical analysis page.
Nuveen ESG November 24, 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 | 0.1043 | |||
Market Risk Adjusted Performance | 0.1164 | |||
Mean Deviation | 0.8085 | |||
Semi Deviation | 0.8059 | |||
Downside Deviation | 0.9701 | |||
Coefficient Of Variation | 758.74 | |||
Standard Deviation | 1.14 | |||
Variance | 1.29 | |||
Information Ratio | 0.0166 | |||
Jensen Alpha | (0.02) | |||
Total Risk Alpha | (0.04) | |||
Sortino Ratio | 0.0194 | |||
Treynor Ratio | 0.1064 | |||
Maximum Drawdown | 5.98 | |||
Value At Risk | (1.44) | |||
Potential Upside | 1.85 | |||
Downside Variance | 0.9411 | |||
Semi Variance | 0.6496 | |||
Expected Short fall | (0.90) | |||
Skewness | 0.8183 | |||
Kurtosis | 2.85 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nuveen ESG Small 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 state. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of Nuveen ESG Small 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.