Nuveen Missouri Quality Fund Market Value
| NOM Fund | USD 11.35 0.02 0.18% |
| Symbol | Nuveen |
Nuveen Missouri '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 Missouri'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 Missouri.
| 01/28/2025 |
| 02/27/2025 |
If you would invest 0.00 in Nuveen Missouri on January 28, 2025 and sell it all today you would earn a total of 0.00 from holding Nuveen Missouri Quality or generate 0.0% return on investment in Nuveen Missouri over 30 days. Nuveen Missouri is related to or competes with BBX Capital, Westwood Holdings, Mfs Intermediate, Azimut Holding, Elysee Development, Aimia, and Brandywineglobal. Nuveen Missouri Quality Municipal Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments,... More
Nuveen Missouri 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 Missouri'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 Missouri Quality upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.54 | |||
| Information Ratio | 0.0644 | |||
| Maximum Drawdown | 12.68 | |||
| Value At Risk | (3.67) | |||
| Potential Upside | 3.37 |
Nuveen Missouri Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nuveen Missouri's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nuveen Missouri's standard deviation. In reality, there are many statistical measures that can use Nuveen Missouri historical prices to predict the future Nuveen Missouri's volatility.| Risk Adjusted Performance | 0.0552 | |||
| Jensen Alpha | 0.1384 | |||
| Total Risk Alpha | 0.157 | |||
| Sortino Ratio | 0.0567 | |||
| Treynor Ratio | 0.8779 |
Nuveen Missouri Quality Backtested Returns
As of now, Nuveen Fund is not too volatile. Nuveen Missouri Quality has Sharpe Ratio of 0.066, which conveys that the entity had a 0.066 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Nuveen Missouri, which you can use to evaluate the volatility of the fund. Please verify Nuveen Missouri's Mean Deviation of 1.63, risk adjusted performance of 0.0552, and Downside Deviation of 2.54 to check out if the risk estimate we provide is consistent with the expected return of 0.15%. The fund secures a Beta (Market Risk) of 0.16, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Nuveen Missouri's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nuveen Missouri is expected to be smaller as well.
Auto-correlation | -0.35 |
Poor reverse predictability
Nuveen Missouri Quality has poor reverse predictability. Overlapping area represents the amount of predictability between Nuveen Missouri time series from 28th of January 2025 to 12th of February 2025 and 12th of February 2025 to 27th of February 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 Missouri Quality price movement. The serial correlation of -0.35 indicates that nearly 35.0% of current Nuveen Missouri price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.35 | |
| Spearman Rank Test | -0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Nuveen Missouri Quality lagged returns against current returns
Autocorrelation, which is Nuveen Missouri 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 Missouri's fund expected returns. We can calculate the autocorrelation of Nuveen Missouri returns to help us make a trade decision. For example, suppose you find that Nuveen Missouri 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 Missouri 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 Missouri fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nuveen Missouri fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nuveen Missouri fund over time.
Current vs Lagged Prices |
| Timeline |
Nuveen Missouri Lagged Returns
When evaluating Nuveen Missouri's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nuveen Missouri fund have on its future price. Nuveen Missouri 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 Missouri autocorrelation shows the relationship between Nuveen Missouri fund current value and its past values and can show if there is a momentum factor associated with investing in Nuveen Missouri Quality.
Regressed Prices |
| Timeline |
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Nuveen Missouri 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 Missouri security.
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