Nuveen Sustainable Core Etf Market Value
| NSCR Etf | 26.47 0.63 2.44% |
| Symbol | Nuveen |
The market value of Nuveen Sustainable Core 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 Sustainable's value that differs from its market value or its book value, called intrinsic value, which is Nuveen Sustainable'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 Sustainable's market value can be influenced by many factors that don't directly affect Nuveen Sustainable'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 Sustainable's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nuveen Sustainable is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nuveen Sustainable'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 Sustainable '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 Sustainable's etf 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 Sustainable.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Nuveen Sustainable on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Nuveen Sustainable Core or generate 0.0% return on investment in Nuveen Sustainable over 90 days. Nuveen Sustainable is related to or competes with FT Vest, Northern Lights, Dimensional International, First Trust, EA Series, FT Cboe, and FT Cboe. Nuveen Sustainable is entity of United States More
Nuveen Sustainable 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 Sustainable's etf 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 Sustainable Core upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 5.59 | |||
| Value At Risk | (1.85) | |||
| Potential Upside | 1.18 |
Nuveen Sustainable Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nuveen Sustainable's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nuveen Sustainable's standard deviation. In reality, there are many statistical measures that can use Nuveen Sustainable historical prices to predict the future Nuveen Sustainable's volatility.| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.03) | |||
| Treynor Ratio | (0.17) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Nuveen Sustainable'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.
Nuveen Sustainable Core Backtested Returns
Nuveen Sustainable Core has Sharpe Ratio of -0.13, which conveys that the entity had a -0.13 % return per unit of risk over the last 3 months. Nuveen Sustainable exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nuveen Sustainable's Risk Adjusted Performance of (0.12), standard deviation of 1.04, and Mean Deviation of 0.7743 to check out the risk estimate we provide. The etf secures a Beta (Market Risk) of 0.9, which conveys possible diversification benefits within a given portfolio. Nuveen Sustainable returns are very sensitive to returns on the market. As the market goes up or down, Nuveen Sustainable is expected to follow.
Auto-correlation | -0.65 |
Very good reverse predictability
Nuveen Sustainable Core has very good reverse predictability. Overlapping area represents the amount of predictability between Nuveen Sustainable time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th 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 Sustainable Core price movement. The serial correlation of -0.65 indicates that roughly 65.0% of current Nuveen Sustainable price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.65 | |
| Spearman Rank Test | -0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 0.99 |
Nuveen Sustainable Core lagged returns against current returns
Autocorrelation, which is Nuveen Sustainable etf'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 Sustainable's etf expected returns. We can calculate the autocorrelation of Nuveen Sustainable returns to help us make a trade decision. For example, suppose you find that Nuveen Sustainable has exhibited high autocorrelation historically, and you observe that the etf 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 Sustainable 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 Sustainable etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nuveen Sustainable etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nuveen Sustainable etf over time.
Current vs Lagged Prices |
| Timeline |
Nuveen Sustainable Lagged Returns
When evaluating Nuveen Sustainable's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nuveen Sustainable etf have on its future price. Nuveen Sustainable 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 Sustainable autocorrelation shows the relationship between Nuveen Sustainable etf current value and its past values and can show if there is a momentum factor associated with investing in Nuveen Sustainable Core.
Regressed Prices |
| Timeline |
Pair Trading with Nuveen Sustainable
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Nuveen Sustainable position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Nuveen Sustainable will appreciate offsetting losses from the drop in the long position's value.Moving together with Nuveen Etf
| 0.98 | VTI | Vanguard Total Stock | PairCorr |
| 0.96 | SPY | SPDR SP 500 | PairCorr |
| 0.96 | IVV | iShares Core SP | PairCorr |
| 0.7 | VIG | Vanguard Dividend | PairCorr |
| 0.96 | VV | Vanguard Large Cap | PairCorr |
Moving against Nuveen Etf
The ability to find closely correlated positions to Nuveen Sustainable could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nuveen Sustainable when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Nuveen Sustainable - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Nuveen Sustainable Core to buy it.
The correlation of Nuveen Sustainable is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Nuveen Sustainable moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nuveen Sustainable Core moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Nuveen Sustainable can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Nuveen Sustainable Correlation, Nuveen Sustainable Volatility and Nuveen Sustainable Alpha and Beta module to complement your research on Nuveen Sustainable. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Nuveen Sustainable 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.