Nuveen High Yield Fund Probability of Future Mutual Fund Price Finishing Over 15.54
| NHMRX Fund | USD 15.14 0.12 0.80% |
Nuveen |
Nuveen High Target Price Odds to finish over 15.54
The tendency of Nuveen Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move over $ 15.54 or more in 90 days |
| 15.14 | 90 days | 15.54 | near 1 |
Based on a normal probability distribution, the odds of Nuveen High to move over $ 15.54 or more in 90 days from now is near 1 (This Nuveen High Yield probability density function shows the probability of Nuveen Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Nuveen High Yield price to stay between its current price of $ 15.14 and $ 15.54 at the end of the 90-day period is about 7.52 .
Assuming the 90 days horizon Nuveen High Yield has a beta of -0.17. This indicates as returns on the benchmark increase, returns on holding Nuveen High are expected to decrease at a much lower rate. During a bear market, however, Nuveen High Yield is likely to outperform the market. Additionally Nuveen High Yield has an alpha of 0.026, implying that it can generate a 0.026 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Nuveen High Price Density |
| Price |
Predictive Modules for Nuveen High
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Nuveen High Yield. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Nuveen High Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Nuveen High is not an exception. The market had few large corrections towards the Nuveen High's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Nuveen High Yield, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Nuveen High within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.03 | |
β | Beta against Dow Jones | -0.17 | |
σ | Overall volatility | 0.16 | |
Ir | Information ratio | -0.31 |
Nuveen High Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Nuveen High for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Nuveen High Yield can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Nuveen High Yield generated a negative expected return over the last 90 days | |
| The fund generated three year return of -1.0% | |
| Nuveen High Yield maintains about 7.23% of its assets in cash |
Nuveen High Technical Analysis
Nuveen High's future price can be derived by breaking down and analyzing its technical indicators over time. Nuveen Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Nuveen High Yield. In general, you should focus on analyzing Nuveen Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Nuveen High Predictive Forecast Models
Nuveen High's time-series forecasting models is one of many Nuveen High's mutual fund analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Nuveen High's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the mutual fund market movement and maximize returns from investment trading.
Things to note about Nuveen High Yield
Checking the ongoing alerts about Nuveen High for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Nuveen High Yield help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Nuveen High Yield generated a negative expected return over the last 90 days | |
| The fund generated three year return of -1.0% | |
| Nuveen High Yield maintains about 7.23% of its assets in cash |
Other Information on Investing in Nuveen Mutual Fund
Nuveen High 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 High security.
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum |