Nuveen Select Maturities Fund Market Value

Symbol

Nuveen

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 Select's 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 Select.

Nuveen Select Upside/Downside Indicators

Nuveen Select Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Nuveen Select's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nuveen Select's standard deviation. In reality, there are many statistical measures that can use Nuveen Select historical prices to predict the future Nuveen Select's volatility.

Autocorrelation, which is Nuveen Select 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 Select's fund expected returns. We can calculate the autocorrelation of Nuveen Select returns to help us make a trade decision. For example, suppose you find that Nuveen Select has exhibited high autocorrelation historically, and you observe that the fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Nuveen Select fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nuveen Select fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nuveen Select fund over time.

When evaluating Nuveen Select's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nuveen Select fund have on its future price. Nuveen Select 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 Select autocorrelation shows the relationship between Nuveen Select fund current value and its past values and can show if there is a momentum factor associated with investing in Nuveen Select Maturities.

Nuveen Select financial ratios help investors to determine whether Nuveen 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 Select security.