Nuveen Symphony Floating Fund Manager Performance Evaluation
| NFRAX Fund | USD 18.24 0.11 0.61% |
The fund secures a Beta (Market Risk) of -0.0363, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Nuveen Symphony are expected to decrease at a much lower rate. During the bear market, Nuveen Symphony is likely to outperform the market.
Risk-Adjusted Performance
17 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Nuveen Symphony Floating are ranked lower than 17 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, Nuveen Symphony is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio Date | 29th of December 2022 | |
| Expense Ratio | 1.0300 |
Nuveen |
Nuveen Symphony Relative Risk vs. Return Landscape
If you would invest 1,781 in Nuveen Symphony Floating on September 1, 2024 and sell it today you would earn a total of 32.00 from holding Nuveen Symphony Floating or generate 1.8% return on investment over 90 days. Nuveen Symphony Floating is currently producing 0.0283% returns and takes up 0.1252% volatility of returns over 90 trading days. Put another way, 1% of traded mutual funds are less volatile than Nuveen, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Nuveen Symphony Current Valuation
Overvalued
Today
Please note that Nuveen Symphony's price fluctuation is very steady at this time. At this time, the fund appears to be overvalued. Nuveen Symphony Floating secures a last-minute Real Value of $16.64 per share. The latest price of the fund is $18.24. We determine the value of Nuveen Symphony Floating from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will merge together.
Since Nuveen Symphony is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Nuveen Mutual Fund. However, Nuveen Symphony's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 18.24 | Real 16.64 | Hype 18.13 | Naive 18.09 |
The intrinsic value of Nuveen Symphony's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Nuveen Symphony's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Nuveen Symphony Floating helps investors to forecast how Nuveen mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Nuveen Symphony more accurately as focusing exclusively on Nuveen Symphony's fundamentals will not take into account other important factors: Nuveen Symphony Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nuveen Symphony's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Nuveen Symphony Floating, and traders can use it to determine the average amount a Nuveen Symphony's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.2265
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | NFRAX |
Estimated Market Risk
| 0.13 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.23 actual daily | 17 83% of assets perform better |
Based on monthly moving average Nuveen Symphony is performing at about 17% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Nuveen Symphony by adding it to a well-diversified portfolio.
Nuveen Symphony Fundamentals Growth
Nuveen Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Nuveen Symphony, and Nuveen Symphony fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Nuveen Mutual Fund performance.
| Total Asset | 203.41 M | ||||
About Nuveen Symphony Performance
Evaluating Nuveen Symphony's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Nuveen Symphony has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Nuveen Symphony has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Under normal market conditions, the fund invests at least 80 percent of the sum of its net assets and the amount of any borrowings for investment purposes in floating rate securities. Floating rate securities are defined to include floating rate loans, other floating rate debt securities including corporate debt securities and U.S. government securities, money market securities and shares of money market and short-term bond funds.Things to note about Nuveen Symphony Floating performance evaluation
Checking the ongoing alerts about Nuveen Symphony for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Nuveen Symphony Floating help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund maintains about 17.56% of its assets in cash |
- Analyzing Nuveen Symphony's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Nuveen Symphony's stock is overvalued or undervalued compared to its peers.
- Examining Nuveen Symphony's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Nuveen Symphony's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nuveen Symphony's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Nuveen Symphony's mutual fund. These opinions can provide insight into Nuveen Symphony's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Nuveen Mutual Fund
Nuveen Symphony 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 Symphony security.
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