Nuveen Multi Mrkt Fund Market Value
| JMM Fund | USD 6.19 0.01 0.16% |
| Symbol | Nuveen |
Nuveen Multi '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 Multi's 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 Multi.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Nuveen Multi on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Nuveen Multi Mrkt or generate 0.0% return on investment in Nuveen Multi over 90 days. Nuveen Multi is related to or competes with MFS Investment, Eaton Vance, Abrdn Emerging, Aberdeen Global, Bny Mellon, Nuveen Arizona, and Nuveen Mortgage. Nuveen Multi-Market Income Fund is a closed-ended fixed income mutual fund launched by Nuveen Investments, Inc More
Nuveen Multi 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 Multi's 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 Multi Mrkt upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9543 | |||
| Information Ratio | 0.1909 | |||
| Maximum Drawdown | 4.66 | |||
| Value At Risk | (1.57) | |||
| Potential Upside | 1.35 |
Nuveen Multi Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nuveen Multi's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nuveen Multi's standard deviation. In reality, there are many statistical measures that can use Nuveen Multi historical prices to predict the future Nuveen Multi's volatility.| Risk Adjusted Performance | 0.043 | |||
| Jensen Alpha | 0.0667 | |||
| Total Risk Alpha | 0.1945 | |||
| Sortino Ratio | 0.1874 | |||
| Treynor Ratio | 0.1726 |
Nuveen Multi Mrkt Backtested Returns
As of now, Nuveen Fund is not too volatile. Nuveen Multi Mrkt has Sharpe Ratio of 0.0444, which conveys that the entity had a 0.0444 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Nuveen Multi, which you can use to evaluate the volatility of the fund. Please verify Nuveen Multi's Downside Deviation of 0.9543, mean deviation of 0.6948, and Risk Adjusted Performance of 0.043 to check out if the risk estimate we provide is consistent with the expected return of 0.0427%. The fund secures a Beta (Market Risk) of 0.21, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Nuveen Multi's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nuveen Multi is expected to be smaller as well.
Auto-correlation | 0.44 |
Average predictability
Nuveen Multi Mrkt has average predictability. Overlapping area represents the amount of predictability between Nuveen Multi time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th of March 2025. 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 Multi Mrkt price movement. The serial correlation of 0.44 indicates that just about 44.0% of current Nuveen Multi price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.44 | |
| Spearman Rank Test | 0.56 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Nuveen Multi Mrkt lagged returns against current returns
Autocorrelation, which is Nuveen Multi 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 Multi's fund expected returns. We can calculate the autocorrelation of Nuveen Multi returns to help us make a trade decision. For example, suppose you find that Nuveen Multi has exhibited high autocorrelation historically, and you observe that the 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 Multi 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 Multi fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nuveen Multi fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nuveen Multi fund over time.
Current vs Lagged Prices |
| Timeline |
Nuveen Multi Lagged Returns
When evaluating Nuveen Multi's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nuveen Multi fund have on its future price. Nuveen Multi 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 Multi autocorrelation shows the relationship between Nuveen Multi fund current value and its past values and can show if there is a momentum factor associated with investing in Nuveen Multi Mrkt.
Regressed Prices |
| Timeline |
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Nuveen Multi financial ratios help investors to determine whether Nuveen 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 Multi security.
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