Nuveen Core Plus Etf Market Value
| NCPB Etf | 25.43 0.10 0.39% |
| Symbol | Nuveen |
The market value of Nuveen Core Plus 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 Core's value that differs from its market value or its book value, called intrinsic value, which is Nuveen Core'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 Core's market value can be influenced by many factors that don't directly affect Nuveen Core'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 Core's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nuveen Core is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nuveen Core'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.
Nuveen Core '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 Core's etf 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 Core.
| 11/02/2024 |
| 12/02/2024 |
If you would invest 0.00 in Nuveen Core on November 2, 2024 and sell it all today you would earn a total of 0.00 from holding Nuveen Core Plus or generate 0.0% return on investment in Nuveen Core over 30 days. Nuveen Core is related to or competes with Valued Advisers, Columbia Diversified, Principal Exchange, Doubleline Etf, Virtus Newfleet, Vident Core, and PIMCO Enhanced. Nuveen Core is entity of United States. It is traded as Etf on NASDAQ exchange. More
Nuveen Core 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 Core's etf 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 Core Plus upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.2673 | |||
| Information Ratio | (0.51) | |||
| Maximum Drawdown | 1.15 | |||
| Value At Risk | (0.51) | |||
| Potential Upside | 0.3971 |
Nuveen Core Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nuveen Core's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nuveen Core's standard deviation. In reality, there are many statistical measures that can use Nuveen Core historical prices to predict the future Nuveen Core's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.51) | |||
| Treynor Ratio | (1.16) |
Nuveen Core Plus Backtested Returns
At this point, Nuveen Core is very steady. Nuveen Core Plus has Sharpe Ratio of 0.0059, which conveys that the entity had a 0.0059% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Nuveen Core, which you can use to evaluate the volatility of the etf. Please verify Nuveen Core's Downside Deviation of 0.2673, mean deviation of 0.2032, and Risk Adjusted Performance of (0.01) to check out if the risk estimate we provide is consistent with the expected return of 0.0016%. The etf secures a Beta (Market Risk) of 0.0073, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Nuveen Core's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nuveen Core is expected to be smaller as well.
Auto-correlation | -0.45 |
Modest reverse predictability
Nuveen Core Plus has modest reverse predictability. Overlapping area represents the amount of predictability between Nuveen Core time series from 2nd of November 2024 to 17th of November 2024 and 17th of November 2024 to 2nd 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 Core Plus price movement. The serial correlation of -0.45 indicates that just about 45.0% of current Nuveen Core price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.45 | |
| Spearman Rank Test | -0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Nuveen Core Plus lagged returns against current returns
Autocorrelation, which is Nuveen Core etf'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 Core's etf expected returns. We can calculate the autocorrelation of Nuveen Core returns to help us make a trade decision. For example, suppose you find that Nuveen Core has exhibited high autocorrelation historically, and you observe that the etf 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 Core 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 Core etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nuveen Core etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nuveen Core etf over time.
Current vs Lagged Prices |
| Timeline |
Nuveen Core Lagged Returns
When evaluating Nuveen Core's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nuveen Core etf have on its future price. Nuveen Core 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 Core autocorrelation shows the relationship between Nuveen Core etf current value and its past values and can show if there is a momentum factor associated with investing in Nuveen Core Plus.
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.When determining whether Nuveen Core Plus offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Nuveen Core's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Nuveen Core Plus Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Nuveen Core Plus Etf:Check out Nuveen Core Correlation, Nuveen Core Volatility and Nuveen Core Alpha and Beta module to complement your research on Nuveen Core. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Nuveen Core 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.