Nuveen Strategic Municipal Fund Price on October 16, 2023
NSAOX Fund | USD 9.99 0.01 0.10% |
If you're considering investing in Nuveen Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Nuveen Strategic stands at 9.99, as last reported on the 6th of January, with the highest price reaching 9.99 and the lowest price hitting 9.99 during the day. Nuveen Strategic Mun has Sharpe Ratio of -0.0219, which conveys that the entity had a -0.0219% return per unit of risk over the last 3 months. Nuveen Strategic exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nuveen Strategic's Risk Adjusted Performance of (0.04), mean deviation of 0.1643, and Standard Deviation of 0.2767 to check out the risk estimate we provide.
Nuveen Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Nuveen |
Sharpe Ratio = -0.0219
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | NSAOX |
Estimated Market Risk
0.28 actual daily | 2 98% of assets are more volatile |
Expected Return
-0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Nuveen Strategic is not performing at its full potential. However, 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 Strategic by adding Nuveen Strategic to a well-diversified portfolio.
Nuveen Strategic Valuation on October 16, 2023
It is possible to determine the worth of Nuveen Strategic on a given historical date. On October 16, 2023 Nuveen was worth 8.83 at the beginning of the trading date compared to the closed value of 8.83. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nuveen Strategic mutual fund. Still, in general, we apply an absolute valuation method to find Nuveen Strategic'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 Strategic where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nuveen Strategic's related companies.
Open | High | Low | Close | Volume | |
8.88 | 8.88 | 8.88 | 8.88 | 1.00 | |
10/16/2023 | 8.83 | 8.83 | 8.83 | 8.83 | 1.00 |
8.78 | 8.78 | 8.78 | 8.78 | 1.00 |
Backtest Nuveen Strategic | | | Nuveen Strategic History | | | Nuveen Strategic Valuation | Previous | Next |
Nuveen Strategic Trading Date Momentum on October 16, 2023
On October 17 2023 Nuveen Strategic Municipal was traded for 8.78 at the closing time. The highest daily price throughout the period was 8.78 and the lowest price was 8.78 . There was no trading activity during the period 1.0. Lack of trading volume on 10/17/2023 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.57% . The trading delta at closing time to current closing price is 1.47% . |
Nuveen Strategic Mun Fundamentals Correlations and Trends
By evaluating Nuveen Strategic'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 Strategic'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 Strategic Mutual Fund history
Nuveen Strategic 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 Strategic Mun 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 Strategic stock prices may prove useful in developing a viable investing in Nuveen Strategic
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 municipal bonds that pay interest that is exempt from regular federal personal income tax. Nuveen Strategic is traded on NASDAQ Exchange in the United States.
Nuveen Strategic Mutual Fund Technical Analysis
Nuveen Strategic technical mutual fund 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, fund market cycles, or different charting patterns.
Price Boundaries
Nuveen Strategic Period Price Range
Low | January 6, 2025
| High |
0.00 | 0.00 |
Nuveen Strategic Municipal cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS 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 Strategic January 6, 2025 Market Strength
Market strength indicators help investors to evaluate how Nuveen Strategic mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nuveen Strategic shares will generate the highest return on investment. By undertsting and applying Nuveen Strategic mutual fund market strength indicators, traders can identify Nuveen Strategic Municipal entry and exit signals to maximize returns
Nuveen Strategic Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nuveen Strategic's price direction in advance. Along with the technical and fundamental analysis of Nuveen Mutual Fund 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 | (0.04) | |||
Jensen Alpha | (0.02) | |||
Total Risk Alpha | (0.02) | |||
Treynor Ratio | 0.3571 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Other Information on Investing in Nuveen Mutual Fund
Nuveen Strategic 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 Strategic security.
Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like |