Nuveen Mid Cap Fund Market Value
| FRSLX Fund | USD 28.14 0.06 0.21% |
| Symbol | Nuveen |
Nuveen Mid 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Nuveen Mid's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Nuveen Mid.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Nuveen Mid on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Nuveen Mid Cap or generate 0.0% return on investment in Nuveen Mid over 30 days. Nuveen Mid is related to or competes with Goldman Sachs, Commonwealth Real, Franklin Real, and Great-west Real. Under normal market conditions, the fund invests at least 80 percent of the sum of its net assets and the amount of any ... More
Nuveen Mid Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Nuveen Mid's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Nuveen Mid Cap upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.14 | |||
| Information Ratio | 0.0535 | |||
| Maximum Drawdown | 5.14 | |||
| Value At Risk | (1.56) | |||
| Potential Upside | 1.78 |
Nuveen Mid Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nuveen Mid's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nuveen Mid's standard deviation. In reality, there are many statistical measures that can use Nuveen Mid historical prices to predict the future Nuveen Mid's volatility.| Risk Adjusted Performance | 0.1446 | |||
| Jensen Alpha | 0.0364 | |||
| Total Risk Alpha | 0.0096 | |||
| Sortino Ratio | 0.049 | |||
| Treynor Ratio | 0.1593 |
Nuveen Mid Cap Backtested Returns
Nuveen Mid appears to be very steady, given 3 months investment horizon. Nuveen Mid Cap has Sharpe Ratio of 0.24, which conveys that the entity had a 0.24% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Nuveen Mid, which you can use to evaluate the volatility of the fund. Please exercise Nuveen Mid's Risk Adjusted Performance of 0.1446, mean deviation of 0.7483, and Downside Deviation of 1.14 to check out if our risk estimates are consistent with your expectations. The fund secures a Beta (Market Risk) of 1.15, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Nuveen Mid will likely underperform.
Auto-correlation | 0.98 |
Excellent predictability
Nuveen Mid Cap has excellent predictability. Overlapping area represents the amount of predictability between Nuveen Mid time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Nuveen Mid Cap price movement. The serial correlation of 0.98 indicates that 98.0% of current Nuveen Mid price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.98 | |
| Spearman Rank Test | 0.84 | |
| Residual Average | 0.0 | |
| Price Variance | 0.35 |
Nuveen Mid Cap lagged returns against current returns
Autocorrelation, which is Nuveen Mid mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Nuveen Mid's mutual fund expected returns. We can calculate the autocorrelation of Nuveen Mid returns to help us make a trade decision. For example, suppose you find that Nuveen Mid has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Nuveen Mid regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Nuveen Mid mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nuveen Mid mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nuveen Mid mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Nuveen Mid Lagged Returns
When evaluating Nuveen Mid's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nuveen Mid mutual fund have on its future price. Nuveen Mid autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Nuveen Mid autocorrelation shows the relationship between Nuveen Mid mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Nuveen Mid Cap.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Nuveen Mutual Fund
Nuveen Mid 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 Mid security.
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