Nuveen Mortgage Opportunity Etf Price on November 7, 2024
| JLS Etf | USD 18.72 0.12 0.64% |
Below is the normalized historical share price chart for Nuveen Mortgage Opportunity extending back to November 25, 2009. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Nuveen Mortgage stands at 18.72, as last reported on the 16th of December 2024, with the highest price reaching 18.79 and the lowest price hitting 18.39 during the day.
If you're considering investing in Nuveen Etf, it is important to understand the factors that can impact its price. Currently, Nuveen Mortgage Opportunity is very steady. Nuveen Mortgage Oppo 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 twenty-nine technical indicators for Nuveen Mortgage, which you can use to evaluate the volatility of the etf. Please verify Nuveen Mortgage's Risk Adjusted Performance of 0.1486, downside deviation of 0.5219, and Mean Deviation of 0.3926 to check out if the risk estimate we provide is consistent with the expected return of 0.0888%.
Nuveen Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Nuveen |
Sharpe Ratio = 0.181
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Estimated Market Risk
| 0.49 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average Nuveen Mortgage is performing at about 14% 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 Mortgage by adding it to a well-diversified portfolio.
Market Capitalization 97.5 M |
Nuveen Mortgage Valuation on November 7, 2024
It is possible to determine the worth of Nuveen Mortgage on a given historical date. On November 7, 2024 Nuveen was worth 17.84 at the beginning of the trading date compared to the closed value of 18.03. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nuveen Mortgage etf. Still, in general, we apply an absolute valuation method to find Nuveen Mortgage's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Nuveen Mortgage where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nuveen Mortgage's related companies.
| Open | High | Low | Close | Volume | |
| 17.84 | 18.00 | 17.79 | 17.84 | 11,929 | |
11/07/2024 | 17.84 | 18.15 | 17.84 | 18.03 | 13,318 |
| 18.04 | 18.15 | 18.04 | 18.12 | 6,551 |
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Nuveen Mortgage Trading Date Momentum on November 7, 2024
| On November 08 2024 Nuveen Mortgage Opportunity was traded for 18.12 at the closing time. Highest Nuveen Mortgage's price during the trading hours was 18.15 and the lowest price during the day was 18.04 . The net volume was 6.6 K. The overall trading history on the 8th of November contributed to the next trading period price appreciation. The trading delta at closing time to the next next day price was 0.50% . The trading delta at closing time to current price is 1.00% . |
Nuveen Mortgage Oppo Fundamentals Correlations and Trends
By evaluating Nuveen Mortgage's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Nuveen Mortgage's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nuveen financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Nuveen Mortgage Etf history
Nuveen Mortgage investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Nuveen is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nuveen Mortgage Oppo will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Nuveen Mortgage stock prices may prove useful in developing a viable investing in Nuveen Mortgage
Nuveen Mortgage and Income Fund is a closed-ended fixed income mutual fund launched by Nuveen Investments, Inc. The fund is co-managed by Nuveen Fund Advisors LLC, Nuveen Asset Management, LLC, and Wellington Management Company LLP. It invests in the fixed income markets of the United States. The fund invests in undervalued mortgage-backed securities consisting primarily of non-agency residential mortgage-backed securities and commercial mortgage-backed securities with a favorable total return potential. It seeks to invest in below investment grade securities. The fund employs fundamental analysis with a focus on bottom-up stock picking approach based on rigorous analysis of the credit performance of the mortgage loan portfolios underlying the MBS, security structure characteristics such as the priority of payment, credit enhancement and default patterns of underlying loans, and the relative financial strength of the mortgage loan servicer to create its portfolio. It benchmarks the performance of its portfolio against Barclays Capital U.S. Aggregate Bond Index. It was formerly known as Nuveen Mortgage Opportunity Term Fund. Nuveen Mortgage and Income Fund was formed on September 10, 2009 and is domiciled in the United States.
Nuveen Mortgage Etf Technical Analysis
Nuveen Mortgage 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.
Price Boundaries
Nuveen Mortgage Period Price Range
Low | December 16, 2024
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0.00 | 0.00 |
Nuveen Mortgage Opportunity cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Nuveen Mortgage December 16, 2024 Market Strength
Market strength indicators help investors to evaluate how Nuveen Mortgage etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nuveen Mortgage shares will generate the highest return on investment. By undertsting and applying Nuveen Mortgage etf market strength indicators, traders can identify Nuveen Mortgage Opportunity entry and exit signals to maximize returns
Nuveen Mortgage Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nuveen Mortgage's price direction in advance. Along with the technical and fundamental analysis of Nuveen Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nuveen to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1486 | |||
| Jensen Alpha | 0.1017 | |||
| Total Risk Alpha | 0.033 | |||
| Sortino Ratio | 0.0079 | |||
| Treynor Ratio | (1.13) |
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Other Information on Investing in Nuveen Etf
Nuveen Mortgage financial ratios help investors to determine whether Nuveen Etf 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 Mortgage security.