Nuveen Santa Barbara Fund Market Value

NUIIX Fund  USD 29.35  0.18  0.61%   
Nuveen Santa's market value is the price at which a share of Nuveen Santa trades on a public exchange. It measures the collective expectations of Nuveen Santa Barbara investors about its performance. Nuveen Santa is trading at 29.35 as of the 17th of February 2025; that is 0.61 percent decrease since the beginning of the trading day. The fund's open price was 29.53.
With this module, you can estimate the performance of a buy and hold strategy of Nuveen Santa Barbara and determine expected loss or profit from investing in Nuveen Santa over a given investment horizon. Check out Nuveen Santa Correlation, Nuveen Santa Volatility and Nuveen Santa Alpha and Beta module to complement your research on Nuveen Santa.
Symbol

Please note, there is a significant difference between Nuveen Santa's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nuveen Santa is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nuveen Santa'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 Santa '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 Santa's mutual 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 Santa.
0.00
02/28/2023
No Change 0.00  0.0 
In 1 year 11 months and 22 days
02/17/2025
0.00
If you would invest  0.00  in Nuveen Santa on February 28, 2023 and sell it all today you would earn a total of 0.00 from holding Nuveen Santa Barbara or generate 0.0% return on investment in Nuveen Santa over 720 days. Nuveen Santa is related to or competes with Nuveen Small, Nuveen Real, Nuveen Real, Nuveen Preferred, Nuveen Preferred, Nuveen Preferred, and Nuveen Preferred. Under normal market conditions, the fund invests at least 80 percent of its net assets in dividend-paying equity securit... More

Nuveen Santa 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 Santa's mutual 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 Santa Barbara upside and downside potential and time the market with a certain degree of confidence.

Nuveen Santa Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Nuveen Santa's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nuveen Santa's standard deviation. In reality, there are many statistical measures that can use Nuveen Santa historical prices to predict the future Nuveen Santa's volatility.
Hype
Prediction
LowEstimatedHigh
28.6129.3530.09
Details
Intrinsic
Valuation
LowRealHigh
28.5029.2429.98
Details
Naive
Forecast
LowNextHigh
28.2328.9629.70
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
28.6729.1429.62
Details

Nuveen Santa Barbara Backtested Returns

Nuveen Santa Barbara has Sharpe Ratio of close to zero, which conveys that the entity had a close to zero % return per unit of risk over the last 3 months. Nuveen Santa exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nuveen Santa's Standard Deviation of 0.7417, risk adjusted performance of (0.04), and Mean Deviation of 0.5399 to check out the risk estimate we provide. The fund secures a Beta (Market Risk) of 0.46, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Nuveen Santa's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nuveen Santa is expected to be smaller as well.

Auto-correlation

    
  -0.43  

Modest reverse predictability

Nuveen Santa Barbara has modest reverse predictability. Overlapping area represents the amount of predictability between Nuveen Santa time series from 28th of February 2023 to 23rd of February 2024 and 23rd of February 2024 to 17th 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 Santa Barbara price movement. The serial correlation of -0.43 indicates that just about 43.0% of current Nuveen Santa price fluctuation can be explain by its past prices.
Correlation Coefficient-0.43
Spearman Rank Test0.05
Residual Average0.0
Price Variance1.01
Nuveen ReturnsNuveen Lagged ReturnsDiversified AwayNuveen ReturnsNuveen Lagged ReturnsDiversified Away100%

Nuveen Santa Barbara lagged returns against current returns

Autocorrelation, which is Nuveen Santa mutual 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 Santa's mutual fund expected returns. We can calculate the autocorrelation of Nuveen Santa returns to help us make a trade decision. For example, suppose you find that Nuveen Santa has exhibited high autocorrelation historically, and you observe that the mutual 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   
JavaScript chart by amCharts 3.21.15MarMayJulSepNov2025-4%-2%0%2%4%6%8%10%12%
JavaScript chart by amCharts 3.21.15Volume Lagged Volume Prices Lagged Prices
       Timeline  

Nuveen Santa 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 Santa mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nuveen Santa mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nuveen Santa mutual fund over time.
   Current vs Lagged Prices   
JavaScript chart by amCharts 3.21.15MarMayJulSepNov202526.026.527.027.528.028.529.029.530.0
JavaScript chart by amCharts 3.21.15Regression Prices Lagged Regression Prices
       Timeline  

Nuveen Santa Lagged Returns

When evaluating Nuveen Santa's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nuveen Santa mutual fund have on its future price. Nuveen Santa 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 Santa autocorrelation shows the relationship between Nuveen Santa mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Nuveen Santa Barbara.
   Regressed Prices   
JavaScript chart by amCharts 3.21.15AprJulOct2024AprJulOct202525262728293031
JavaScript chart by amCharts 3.21.15Lagged Returns Returns
       Timeline  

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Other Information on Investing in Nuveen Mutual Fund

Nuveen Santa financial ratios help investors to determine whether Nuveen Mutual 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 Santa security.
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