Nuveen Select Maturities Fund Market Value
| NIM Fund | USD 9.31 0.13 1.42% |
| Symbol | Nuveen |
Nuveen Select '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 Select'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 Select.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Nuveen Select on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Nuveen Select Maturities or generate 0.0% return on investment in Nuveen Select over 90 days. Nuveen Select is related to or competes with GCM Grosvenor, Invesco Municipal, Blackrock Municipal, Cohen Steers, Nuveen Amt, Nuveen New, and Eaton Vance. Nuveen Select Maturities Municipal Fund is a closed-ended fixed income mutual fund launched by Nuveen Investments, Inc More
Nuveen Select 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 Select'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 Select Maturities upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6327 | |||
| Information Ratio | 0.3333 | |||
| Maximum Drawdown | 3.08 | |||
| Value At Risk | (0.78) | |||
| Potential Upside | 1.03 |
Nuveen Select Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nuveen Select's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nuveen Select's standard deviation. In reality, there are many statistical measures that can use Nuveen Select historical prices to predict the future Nuveen Select's volatility.| Risk Adjusted Performance | 0.1408 | |||
| Jensen Alpha | 0.113 | |||
| Total Risk Alpha | 0.1641 | |||
| Sortino Ratio | 0.3138 | |||
| Treynor Ratio | 0.4143 |
Nuveen Select Maturities Backtested Returns
As of now, Nuveen Fund is very steady. Nuveen Select Maturities has Sharpe Ratio of 0.17, which conveys that the entity had a 0.17 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Nuveen Select, which you can use to evaluate the volatility of the fund. Please verify Nuveen Select's Mean Deviation of 0.4576, downside deviation of 0.6327, and Risk Adjusted Performance of 0.1408 to check out if the risk estimate we provide is consistent with the expected return of 0.0995%. The fund secures a Beta (Market Risk) of 0.22, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Nuveen Select's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nuveen Select is expected to be smaller as well.
Auto-correlation | 0.64 |
Good predictability
Nuveen Select Maturities has good predictability. Overlapping area represents the amount of predictability between Nuveen Select 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 Select Maturities price movement. The serial correlation of 0.64 indicates that roughly 64.0% of current Nuveen Select price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.64 | |
| Spearman Rank Test | 0.63 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Nuveen Select Maturities lagged returns against current returns
Autocorrelation, which is Nuveen Select 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 Select's fund expected returns. We can calculate the autocorrelation of Nuveen Select returns to help us make a trade decision. For example, suppose you find that Nuveen Select 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 Select 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 Select fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nuveen Select fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nuveen Select fund over time.
Current vs Lagged Prices |
| Timeline |
Nuveen Select Lagged Returns
When evaluating Nuveen Select's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nuveen Select fund have on its future price. Nuveen Select 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 Select autocorrelation shows the relationship between Nuveen Select fund current value and its past values and can show if there is a momentum factor associated with investing in Nuveen Select Maturities.
Regressed Prices |
| Timeline |
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Nuveen Select 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 Select security.
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