Nuveen Senior Income Probability of Future Fund Price Finishing Over 4.56
| NSLDelisted Fund | USD 4.56 0.01 0.22% |
Nuveen |
Nuveen Senior Target Price Odds to finish over 4.56
The tendency of Nuveen 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 above the current price in 90 days |
| 4.56 | 90 days | 4.56 | about 11.76 |
Based on a normal probability distribution, the odds of Nuveen Senior to move above the current price in 90 days from now is about 11.76 (This Nuveen Senior Income probability density function shows the probability of Nuveen Fund to fall within a particular range of prices over 90 days) .
Considering the 90-day investment horizon Nuveen Senior has a beta of 0.0095. This indicates as returns on the market go up, Nuveen Senior average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Nuveen Senior Income will be expected to be much smaller as well. Additionally Nuveen Senior Income has an alpha of 0.0172, implying that it can generate a 0.0172 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Nuveen Senior Price Density |
| Price |
Predictive Modules for Nuveen Senior
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 Senior Income. Regardless of method or technology, however, to accurately forecast the fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Nuveen Senior's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Nuveen Senior Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Nuveen Senior is not an exception. The market had few large corrections towards the Nuveen Senior'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 Senior Income, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Nuveen Senior within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.02 | |
β | Beta against Dow Jones | 0.01 | |
σ | Overall volatility | 0.07 | |
Ir | Information ratio | -0.19 |
Nuveen Senior 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 Senior for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Nuveen Senior Income 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 Senior Income is not yet fully synchronised with the market data | |
| Nuveen Senior Income has a very high chance of going through financial distress in the upcoming years |
Nuveen Senior Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Nuveen Fund often depends not only on the future outlook of the current and potential Nuveen Senior's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Nuveen Senior's indicators that are reflective of the short sentiment are summarized in the table below.
| Shares Percent Shares Out | 0.06% | |
| Trailing Annual Dividend Rate | 0.39 | |
| Short Percent Of Float | 0.07% | |
| Shares Short Prior Month | 36.06k | |
| Average Daily Volume Last 10 Day | 131.61k | |
| Average Daily Volume In Three Month | 140.08k | |
| Date Short Interest | 14th of October 2022 | |
| Trailing Annual Dividend Yield | 7.95% |
Nuveen Senior Technical Analysis
Nuveen Senior's future price can be derived by breaking down and analyzing its technical indicators over time. Nuveen Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Nuveen Senior Income. In general, you should focus on analyzing Nuveen Fund price patterns and their correlations with different microeconomic environments and drivers.
Nuveen Senior Predictive Forecast Models
Nuveen Senior's time-series forecasting models is one of many Nuveen Senior's 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 Senior'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 fund market movement and maximize returns from investment trading.
Things to note about Nuveen Senior Income
Checking the ongoing alerts about Nuveen Senior for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Nuveen Senior Income help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Nuveen Senior Income is not yet fully synchronised with the market data | |
| Nuveen Senior Income has a very high chance of going through financial distress in the upcoming years |
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any fund could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Other Consideration for investing in Nuveen Fund
If you are still planning to invest in Nuveen Senior Income check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Nuveen Senior's history and understand the potential risks before investing.
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators |