Nuveen Strategic Municipal Fund Buy Hold or Sell Recommendation
| NSAOX Fund | USD 9.87 0.01 0.10% |
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Nuveen Strategic Municipal is 'Hold'. Macroaxis provides Nuveen Strategic buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding NSAOX positions. The advice algorithm takes into account all of Nuveen Strategic's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Nuveen Strategic's buy or sell advice are summarized below:
Real Value 9.88 | Hype Value 9.87 | Market Value 9.87 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Nuveen Strategic Municipal given historical horizon and risk tolerance towards Nuveen Strategic. When Macroaxis issues a 'buy' or 'sell' recommendation for Nuveen Strategic Municipal, the advice is generated through an automated system that utilizes algorithms and statistical models.
Nuveen |
Execute Nuveen Strategic Buy or Sell Advice
The Nuveen recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Nuveen Strategic Municipal. Macroaxis does not own or have any residual interests in Nuveen Strategic Municipal or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Nuveen Strategic's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | Modest | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Analyst Consensus | Not Available | Details |
Nuveen Strategic Trading Alerts and Improvement Suggestions
| The fund generated three year return of -2.0% | |
| Nuveen Strategic Mun maintains most of the assets in different exotic instruments. |
Nuveen Strategic Returns Distribution Density
The distribution of Nuveen Strategic's historical returns is an attempt to chart the uncertainty of Nuveen Strategic's future price movements. The chart of the probability distribution of Nuveen Strategic daily returns describes the distribution of returns around its average expected value. We use Nuveen Strategic Municipal price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Nuveen Strategic returns is essential to provide solid investment advice for Nuveen Strategic.
| Mean Return | 0.01 | Value At Risk | -0.31 | Potential Upside | 0.30 | Standard Deviation | 0.23 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Nuveen Strategic historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Nuveen Strategic Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Nuveen Strategic or Nuveen sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Nuveen Strategic's price will be affected by overall mutual fund market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Nuveen fund's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | -0.006 | |
β | Beta against NYSE Composite | 0.11 | |
σ | Overall volatility | 0.23 | |
Ir | Information ratio | -0.33 |
Nuveen Strategic Volatility Alert
Nuveen Strategic Municipal exhibits very low volatility with skewness of -0.27 and kurtosis of 1.81. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Nuveen Strategic's mutual fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Nuveen Strategic's mutual fund price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Nuveen Strategic Fundamentals Vs Peers
Comparing Nuveen Strategic's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Nuveen Strategic's direct or indirect competition across all of the common fundamentals between Nuveen Strategic and the related equities. This way, we can detect undervalued stocks with similar characteristics as Nuveen Strategic or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Nuveen Strategic's fundamental indicators could also be used in its relative valuation, which is a method of valuing Nuveen Strategic by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Nuveen Strategic to competition |
| Fundamentals | Nuveen Strategic | Peer Average |
| Annual Yield | 0 % | 0.29 % |
| Year To Date Return | 0.71 % | 0.39 % |
| One Year Return | 4.95 % | 4.15 % |
| Three Year Return | (1.67) % | 3.60 % |
| Five Year Return | 1.68 % | 3.24 % |
| Net Asset | 138.5 M | 4.11 B |
| Last Dividend Paid | 0.02 | 0.65 |
| Cash Position Weight | 3.41 % | 10.61 % |
| Equity Positions Weight | 2.05 % | 63.90 % |
| Bond Positions Weight | 4.15 % | 11.24 % |
Nuveen Strategic Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Nuveen . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 9.87 | |||
| Day Typical Price | 9.87 | |||
| Price Action Indicator | 0.005 | |||
| Period Momentum Indicator | 0.01 |
About Nuveen Strategic Buy or Sell Advice
When is the right time to buy or sell Nuveen Strategic Municipal? Buying financial instruments such as Nuveen Mutual Fund isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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