Nuveen Mid Cap Fund Market Value

FACSX Fund  USD 54.94  0.55  0.99%   
Nuveen Mid's market value is the price at which a share of Nuveen Mid trades on a public exchange. It measures the collective expectations of Nuveen Mid Cap investors about its performance. Nuveen Mid is trading at 54.94 as of the 11th of December 2024; that is 0.99 percent decrease since the beginning of the trading day. The fund's open price was 55.49.
With this module, you can estimate the performance of a buy and hold strategy of Nuveen Mid Cap and determine expected loss or profit from investing in Nuveen Mid over a given investment horizon. Check out Nuveen Mid Correlation, Nuveen Mid Volatility and Nuveen Mid Alpha and Beta module to complement your research on Nuveen Mid.
Symbol

Please note, there is a significant difference between Nuveen Mid's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nuveen Mid is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nuveen Mid'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 Mid '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 Mid's mutual fund 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 Mid.
0.00
08/19/2023
No Change 0.00  0.0 
In 1 year 3 months and 26 days
12/11/2024
0.00
If you would invest  0.00  in Nuveen Mid on August 19, 2023 and sell it all today you would earn a total of 0.00 from holding Nuveen Mid Cap or generate 0.0% return on investment in Nuveen Mid over 480 days. Nuveen Mid is related to or competes with Nuveen Small, Ultramid Cap, Undiscovered Managers, Blackrock Mid, and Victory Sycamore. Under normal market conditions, the fund invests at least 80 percent of the sum of its net assets and the amount of any ... More

Nuveen Mid 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 Mid's mutual fund 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 Mid Cap upside and downside potential and time the market with a certain degree of confidence.

Nuveen Mid Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Nuveen Mid's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nuveen Mid's standard deviation. In reality, there are many statistical measures that can use Nuveen Mid historical prices to predict the future Nuveen Mid's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Nuveen Mid's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
54.0654.9455.82
Details
Intrinsic
Valuation
LowRealHigh
54.0154.8955.77
Details
Naive
Forecast
LowNextHigh
52.9453.8254.70
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
54.7155.4056.09
Details

Nuveen Mid Cap Backtested Returns

At this stage we consider Nuveen Mutual Fund to be very steady. Nuveen Mid Cap has Sharpe Ratio of 0.12, which conveys that the entity had a 0.12% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Nuveen Mid, which you can use to evaluate the volatility of the fund. Please verify Nuveen Mid's Downside Deviation of 0.5914, risk adjusted performance of 0.092, and Mean Deviation of 0.6318 to check out if the risk estimate we provide is consistent with the expected return of 0.1%. The fund secures a Beta (Market Risk) of 1.09, which conveys a somewhat significant risk relative to the market. Nuveen Mid returns are very sensitive to returns on the market. As the market goes up or down, Nuveen Mid is expected to follow.

Auto-correlation

    
  0.78  

Good predictability

Nuveen Mid Cap has good predictability. Overlapping area represents the amount of predictability between Nuveen Mid time series from 19th of August 2023 to 15th of April 2024 and 15th of April 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 Mid Cap price movement. The serial correlation of 0.78 indicates that around 78.0% of current Nuveen Mid price fluctuation can be explain by its past prices.
Correlation Coefficient0.78
Spearman Rank Test0.79
Residual Average0.0
Price Variance4.23

Nuveen Mid Cap lagged returns against current returns

Autocorrelation, which is Nuveen Mid mutual fund'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 Mid's mutual fund expected returns. We can calculate the autocorrelation of Nuveen Mid returns to help us make a trade decision. For example, suppose you find that Nuveen Mid has exhibited high autocorrelation historically, and you observe that the mutual fund 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   
       Timeline  

Nuveen Mid 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 Mid mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nuveen Mid mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nuveen Mid mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Nuveen Mid Lagged Returns

When evaluating Nuveen Mid's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nuveen Mid mutual fund have on its future price. Nuveen Mid 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 Mid autocorrelation shows the relationship between Nuveen Mid mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Nuveen Mid Cap.
   Regressed Prices   
       Timeline  

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Other Information on Investing in Nuveen Mutual Fund

Nuveen Mid 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 Mid security.
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