Nuveen Winslow Large Cap Etf Market Value
| NWLG Etf | USD 34.91 0.53 1.54% |
| Symbol | Nuveen |
The market value of Nuveen Winslow Large 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 Winslow's value that differs from its market value or its book value, called intrinsic value, which is Nuveen Winslow'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 Winslow's market value can be influenced by many factors that don't directly affect Nuveen Winslow'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 Winslow's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nuveen Winslow is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nuveen Winslow'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 Winslow '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 Winslow'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 Winslow.
| 11/11/2024 |
| 12/11/2024 |
If you would invest 0.00 in Nuveen Winslow on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding Nuveen Winslow Large Cap or generate 0.0% return on investment in Nuveen Winslow over 30 days. Nuveen Winslow is related to or competes with FT Vest, Northern Lights, Dimensional International, JPMorgan Fundamental, Matthews China, Davis Select, and Dimensional ETF. The fund is actively managed and seeks to achieve its investment objective by investing primarily in exchange-traded equ... More
Nuveen Winslow 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 Winslow'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 Winslow Large Cap upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.16 | |||
| Information Ratio | 0.0925 | |||
| Maximum Drawdown | 5.41 | |||
| Value At Risk | (1.52) | |||
| Potential Upside | 1.8 |
Nuveen Winslow Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nuveen Winslow's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nuveen Winslow's standard deviation. In reality, there are many statistical measures that can use Nuveen Winslow historical prices to predict the future Nuveen Winslow's volatility.| Risk Adjusted Performance | 0.1587 | |||
| Jensen Alpha | 0.1115 | |||
| Total Risk Alpha | 0.0479 | |||
| Sortino Ratio | 0.0803 | |||
| Treynor Ratio | 0.2468 |
Nuveen Winslow Large Backtested Returns
At this point, Nuveen Winslow is very steady. Nuveen Winslow Large has Sharpe Ratio of 0.18, which conveys that the entity had a 0.18% return per unit of risk over the last 3 months. We have found thirty technical indicators for Nuveen Winslow, which you can use to evaluate the volatility of the etf. Please verify Nuveen Winslow's Risk Adjusted Performance of 0.1587, mean deviation of 0.7144, and Downside Deviation of 1.16 to check out if the risk estimate we provide is consistent with the expected return of 0.18%. The etf secures a Beta (Market Risk) of 0.84, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Nuveen Winslow's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nuveen Winslow is expected to be smaller as well.
Auto-correlation | -0.72 |
Almost perfect reverse predictability
Nuveen Winslow Large Cap has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Nuveen Winslow time series from 11th of November 2024 to 26th of November 2024 and 26th of November 2024 to 11th 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 Winslow Large price movement. The serial correlation of -0.72 indicates that around 72.0% of current Nuveen Winslow price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.72 | |
| Spearman Rank Test | -0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 0.16 |
Nuveen Winslow Large lagged returns against current returns
Autocorrelation, which is Nuveen Winslow 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 Winslow's etf expected returns. We can calculate the autocorrelation of Nuveen Winslow returns to help us make a trade decision. For example, suppose you find that Nuveen Winslow 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 |
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Nuveen Winslow 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 Winslow etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nuveen Winslow etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nuveen Winslow etf over time.
Current vs Lagged Prices |
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Nuveen Winslow Lagged Returns
When evaluating Nuveen Winslow's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nuveen Winslow etf have on its future price. Nuveen Winslow 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 Winslow autocorrelation shows the relationship between Nuveen Winslow etf current value and its past values and can show if there is a momentum factor associated with investing in Nuveen Winslow Large Cap.
Regressed Prices |
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Currently Active Assets on Macroaxis
When determining whether Nuveen Winslow Large is a strong investment it is important to analyze Nuveen Winslow's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Nuveen Winslow's future performance. For an informed investment choice regarding Nuveen Etf, refer to the following important reports:Check out Nuveen Winslow Correlation, Nuveen Winslow Volatility and Nuveen Winslow Alpha and Beta module to complement your research on Nuveen Winslow. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Nuveen Winslow 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.