Nuveen Real Estate Fund Market Value
| FREAX Fund | USD 13.62 0.13 0.95% |
| Symbol | Nuveen |
Nuveen Real '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 Real'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 Real.
| 03/25/2024 |
| 04/24/2024 |
If you would invest 0.00 in Nuveen Real on March 25, 2024 and sell it all today you would earn a total of 0.00 from holding Nuveen Real Estate or generate 0.0% return on investment in Nuveen Real over 30 days. Nuveen Real is related to or competes with Select Fund, SCOR PK, Morningstar Unconstrained, High Yield, Thrivent High, SPACE, and Via Renewables. The fund normally invests at least 80 percent of the sum of its net assets and the amount of any borrowings for investme... More
Nuveen Real 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 Real'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 Real Estate upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 6.95 | |||
| Value At Risk | (1.61) | |||
| Potential Upside | 1.26 |
Nuveen Real Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nuveen Real's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nuveen Real's standard deviation. In reality, there are many statistical measures that can use Nuveen Real historical prices to predict the future Nuveen Real's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.1) | |||
| Total Risk Alpha | (0.23) | |||
| Treynor Ratio | (0.65) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Nuveen Real'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 Real Estate Backtested Returns
Nuveen Real Estate has Sharpe Ratio of -0.0795, which conveys that the entity had a -0.0795% return per unit of risk over the last 3 months. Nuveen Real exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nuveen Real's Risk Adjusted Performance of (0.04), standard deviation of 1.09, and Mean Deviation of 0.8309 to check out the risk estimate we provide. The fund secures a Beta (Market Risk) of 0.13, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Nuveen Real's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nuveen Real is expected to be smaller as well.
Auto-correlation | 0.17 |
Very weak predictability
Nuveen Real Estate has very weak predictability. Overlapping area represents the amount of predictability between Nuveen Real time series from 25th of March 2024 to 9th of April 2024 and 9th of April 2024 to 24th of April 2024. 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 Real Estate price movement. The serial correlation of 0.17 indicates that over 17.0% of current Nuveen Real price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.17 | |
| Spearman Rank Test | -0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 0.11 |
Nuveen Real Estate lagged returns against current returns
Autocorrelation, which is Nuveen Real 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 Real's mutual fund expected returns. We can calculate the autocorrelation of Nuveen Real returns to help us make a trade decision. For example, suppose you find that Nuveen Real 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 |
| Timeline |
Nuveen Real 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 Real mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nuveen Real 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 Real mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Nuveen Real Lagged Returns
When evaluating Nuveen Real's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nuveen Real mutual fund have on its future price. Nuveen Real 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 Real autocorrelation shows the relationship between Nuveen Real mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Nuveen Real Estate.
Regressed Prices |
| Timeline |
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Nuveen Real technical mutual fund 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, fund market cycles, or different charting patterns.