Nuveen Esg Mid Cap Etf Price on November 6, 2024
NUMG Etf | USD 48.73 0.88 1.84% |
Below is the normalized historical share price chart for Nuveen ESG Mid Cap extending back to December 14, 2016. 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 ESG stands at 48.73, as last reported on the 22nd of December, with the highest price reaching 48.96 and the lowest price hitting 47.65 during the day.
If you're considering investing in Nuveen Etf, it is important to understand the factors that can impact its price. At this point, Nuveen ESG is very steady. Nuveen ESG Mid has Sharpe Ratio of 0.14, which conveys that the entity had a 0.14% return per unit of risk over the last 3 months. We have found thirty technical indicators for Nuveen ESG, which you can use to evaluate the volatility of the etf. Please verify Nuveen ESG's Downside Deviation of 1.15, risk adjusted performance of 0.108, and Mean Deviation of 0.7985 to check out if the risk estimate we provide is consistent with the expected return of 0.15%.
Nuveen Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 22.85 | 200 Day MA 44.0316 | 1 y Volatility 17.58 | 50 Day MA 48.1181 | Inception Date 2016-12-13 |
Nuveen |
Sharpe Ratio = 0.1361
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Estimated Market Risk
1.1 actual daily | 9 91% of assets are more volatile |
Expected Return
0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Nuveen ESG is performing at about 10% 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 ESG by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 29.1 K |
Nuveen ESG Valuation on November 6, 2024
It is possible to determine the worth of Nuveen ESG on a given historical date. On November 6, 2024 Nuveen was worth 47.16 at the beginning of the trading date compared to the closed value of 47.43. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nuveen ESG etf. Still, in general, we apply an absolute valuation method to find Nuveen ESG'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 ESG where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nuveen ESG's related companies.
Open | High | Low | Close | Volume | |
45.25 | 45.97 | 45.25 | 45.93 | 15,173 | |
11/06/2024 | 47.16 | 47.43 | 46.94 | 47.43 | 64,727 |
47.82 | 48.19 | 47.80 | 48.09 | 23,929 |
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Nuveen ESG Trading Date Momentum on November 6, 2024
On November 07 2024 Nuveen ESG Mid Cap was traded for 48.09 at the closing time. The top price for the day was 48.19 and the lowest listed price was 47.80 . The trading volume for the day was 23.9 K. The trading history from November 7, 2024 was a factor to the next trading day price rise. The trading delta at closing time against the next closing price was 1.39% . The trading delta at closing time against the current closing price is 0.51% . |
Nuveen ESG Mid Fundamentals Correlations and Trends
By evaluating Nuveen ESG'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 ESG'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 ESG Etf history
Nuveen ESG 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 ESG Mid 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 ESG stock prices may prove useful in developing a viable investing in Nuveen ESG
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 component securities of the index. Nushares ESG is traded on BATS Exchange in the United States.
Nuveen ESG Etf Technical Analysis
Nuveen ESG 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 ESG Period Price Range
Low | December 22, 2024
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0.00 | 0.00 |
Nuveen ESG Mid Cap cannot be verified against its exchange. Please verify the symbol is currently traded on BATS 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 ESG December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Nuveen ESG 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 ESG shares will generate the highest return on investment. By undertsting and applying Nuveen ESG etf market strength indicators, traders can identify Nuveen ESG Mid Cap entry and exit signals to maximize returns
Nuveen ESG Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nuveen ESG'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 | 0.108 | |||
Jensen Alpha | 0.1096 | |||
Total Risk Alpha | 0.1044 | |||
Sortino Ratio | 0.0979 | |||
Treynor Ratio | 0.118 |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nuveen ESG Mid Cap. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
The market value of Nuveen ESG Mid 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 ESG's value that differs from its market value or its book value, called intrinsic value, which is Nuveen ESG'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 ESG's market value can be influenced by many factors that don't directly affect Nuveen ESG'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 ESG's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nuveen ESG is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nuveen ESG'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.