Nuveen Small Cap Etf Market Value
| NSCS Etf | USD 28.88 0.21 0.72% |
| Symbol | Nuveen |
The market value of Nuveen Small Cap 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 Small's value that differs from its market value or its book value, called intrinsic value, which is Nuveen Small'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 Small's market value can be influenced by many factors that don't directly affect Nuveen Small'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 Small's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nuveen Small is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nuveen Small'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 Small '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 Small'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 Small.
| 12/09/2024 |
| 01/08/2025 |
If you would invest 0.00 in Nuveen Small on December 9, 2024 and sell it all today you would earn a total of 0.00 from holding Nuveen Small Cap or generate 0.0% return on investment in Nuveen Small over 30 days. Nuveen Small is related to or competes with JPMorgan Fundamental, Matthews China, Davis Select, Dimensional ETF, Principal Value, Vanguard Small, and Vanguard Mid. Under normal market conditions, the fund invests at least 80 percent of the sum of its net assets in exchange-traded com... More
Nuveen Small 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 Small'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 Small Cap upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.08 | |||
| Information Ratio | 0.0538 | |||
| Maximum Drawdown | 10.25 | |||
| Value At Risk | (1.36) | |||
| Potential Upside | 1.7 |
Nuveen Small Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nuveen Small's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nuveen Small's standard deviation. In reality, there are many statistical measures that can use Nuveen Small historical prices to predict the future Nuveen Small's volatility.| Risk Adjusted Performance | 0.0648 | |||
| Jensen Alpha | 0.0821 | |||
| Total Risk Alpha | 0.0588 | |||
| Sortino Ratio | 0.0646 | |||
| Treynor Ratio | 0.2811 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Nuveen Small'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 Small Cap Backtested Returns
Currently, Nuveen Small Cap is very steady. Nuveen Small Cap has Sharpe Ratio of 0.0716, which conveys that the entity had a 0.0716% return per unit of risk over the last 3 months. We have found thirty technical indicators for Nuveen Small, which you can use to evaluate the volatility of the etf. Please verify Nuveen Small's Mean Deviation of 0.8744, downside deviation of 1.08, and Risk Adjusted Performance of 0.0648 to check out if the risk estimate we provide is consistent with the expected return of 0.0955%. The etf secures a Beta (Market Risk) of 0.31, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Nuveen Small's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nuveen Small is expected to be smaller as well.
Auto-correlation | -0.35 |
Poor reverse predictability
Nuveen Small Cap has poor reverse predictability. Overlapping area represents the amount of predictability between Nuveen Small time series from 9th of December 2024 to 24th of December 2024 and 24th of December 2024 to 8th of January 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 Small Cap price movement. The serial correlation of -0.35 indicates that nearly 35.0% of current Nuveen Small price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.35 | |
| Spearman Rank Test | -0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Nuveen Small Cap lagged returns against current returns
Autocorrelation, which is Nuveen Small 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 Small's etf expected returns. We can calculate the autocorrelation of Nuveen Small returns to help us make a trade decision. For example, suppose you find that Nuveen Small 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 Small 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 Small etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nuveen Small etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nuveen Small etf over time.
Current vs Lagged Prices |
| Timeline |
Nuveen Small Lagged Returns
When evaluating Nuveen Small's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nuveen Small etf have on its future price. Nuveen Small 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 Small autocorrelation shows the relationship between Nuveen Small etf current value and its past values and can show if there is a momentum factor associated with investing in Nuveen Small Cap.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Check out Nuveen Small Correlation, Nuveen Small Volatility and Nuveen Small Alpha and Beta module to complement your research on Nuveen Small. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Nuveen Small 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.