NuShares Enhanced Financials
| NUAG Etf | USD 21.24 0.05 0.24% |
Net Expense Ratio 0.0021 |
NuShares |
The data published in NuShares Enhanced's official financial statements typically reflect NuShares Enhanced's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving NuShares Enhanced's quantitative information. For example, before you start analyzing numbers published by NuShares accountants, it's essential to understand NuShares Enhanced's liquidity, profitability, and earnings quality within the context of the Nuveen space in which it operates.
NuShares Enhanced Etf Summary
NuShares Enhanced competes with ClearShares Ultra, PGIM Active, Pacer Trendpilot, and Pacer Lunt. Under normal market conditions, the fund invests at least 80 percent of its assets, exclusive of collateral held from securities lending, in component securities of the index. Nushares is traded on NYSEARCA Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US67092P1021 |
| CUSIP | 67092P102 |
| Region | North America |
| Investment Issuer | Nuveen |
| Etf Family | Nuveen |
| Fund Category | Broad Market |
| Portfolio Concentration | Strategy |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
NuShares Enhanced Key Financial Ratios
NuShares Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining NuShares Enhanced's current stock value. Our valuation model uses many indicators to compare NuShares Enhanced value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across NuShares Enhanced competition to find correlations between indicators driving NuShares Enhanced's intrinsic value. More Info.NuShares Enhanced Yield is rated number one ETF in beta as compared to similar ETFs. It also is rated number one ETF in one year return as compared to similar ETFs reporting about 8.17 of One Year Return per Beta. Comparative valuation analysis is a catch-all technique that is used if you cannot value NuShares Enhanced by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.NuShares Enhanced Yield Systematic Risk
NuShares Enhanced's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. NuShares Enhanced volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-eight with a total number of output elements of thirty-three. The Beta measures systematic risk based on how returns on NuShares Enhanced Yield correlated with the market. If Beta is less than 0 NuShares Enhanced generally moves in the opposite direction as compared to the market. If NuShares Enhanced Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one NuShares Enhanced Yield is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of NuShares Enhanced is generally in the same direction as the market. If Beta > 1 NuShares Enhanced moves generally in the same direction as, but more than the movement of the benchmark.
About NuShares Enhanced Financials
What exactly are NuShares Enhanced Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include NuShares Enhanced's income statement, its balance sheet, and the statement of cash flows. Potential NuShares Enhanced investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although NuShares Enhanced investors may use each financial statement separately, they are all related. The changes in NuShares Enhanced's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on NuShares Enhanced's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.NuShares Enhanced Thematic Clasifications
NuShares Enhanced Yield is part of several thematic ideas from Broad Market ETFs to Strategy ETFs. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasNuShares Enhanced December 3, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of NuShares Enhanced help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of NuShares Enhanced Yield. We use our internally-developed statistical techniques to arrive at the intrinsic value of NuShares Enhanced Yield based on widely used predictive technical indicators. In general, we focus on analyzing NuShares Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build NuShares Enhanced's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.3173 | |||
| Information Ratio | (0.39) | |||
| Maximum Drawdown | 1.31 | |||
| Value At Risk | (0.57) | |||
| Potential Upside | 0.5206 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NuShares Enhanced Yield. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
The market value of NuShares Enhanced Yield is measured differently than its book value, which is the value of NuShares that is recorded on the company's balance sheet. Investors also form their own opinion of NuShares Enhanced's value that differs from its market value or its book value, called intrinsic value, which is NuShares Enhanced'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 NuShares Enhanced's market value can be influenced by many factors that don't directly affect NuShares Enhanced'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 NuShares Enhanced's value and its price as these two are different measures arrived at by different means. Investors typically determine if NuShares Enhanced is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NuShares Enhanced'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.