Nuveen Texas Quality Manager Performance
The fund secures a Beta (Market Risk) of 0.0, which conveys not very significant fluctuations relative to the market. the returns on MARKET and Nuveen Texas are completely uncorrelated.
Risk-Adjusted Performance
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Over the last 90 days Nuveen Texas Quality has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong basic indicators, Nuveen Texas is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
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Nuveen Texas Relative Risk vs. Return Landscape
If you would invest (100.00) in Nuveen Texas Quality on January 26, 2024 and sell it today you would earn a total of 100.00 from holding Nuveen Texas Quality or generate -100.0% return on investment over 90 days. Nuveen Texas Quality is currently producing negative expected returns and takes up 0.0% volatility of returns over 90 trading days. Put another way, 0% of traded mutual funds are less volatile than Nuveen, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
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Nuveen Texas Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nuveen Texas' investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Nuveen Texas Quality, and traders can use it to determine the average amount a Nuveen Texas' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0
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Based on monthly moving average Nuveen Texas is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Nuveen Texas by adding Nuveen Texas to a well-diversified portfolio.
Nuveen Texas Fundamentals Growth
Nuveen Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Nuveen Texas, and Nuveen Texas fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Nuveen Mutual Fund performance.
Things to note about Nuveen Texas Quality performance evaluation
Checking the ongoing alerts about Nuveen Texas for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Nuveen Texas Quality help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Nuveen Texas Quality is not yet fully synchronised with the market data | |
| Nuveen Texas Quality has some characteristics of a very speculative penny stock |
- Analyzing Nuveen Texas' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Nuveen Texas' stock is overvalued or undervalued compared to its peers.
- Examining Nuveen Texas' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Nuveen Texas' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nuveen Texas' management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Nuveen Texas' mutual fund. These opinions can provide insight into Nuveen Texas' potential for growth and whether the stock is currently undervalued or overvalued.
Check out Your Current Watchlist to better understand how to build diversified portfolios. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Other Consideration for investing in Nuveen Mutual Fund
If you are still planning to invest in Nuveen Texas Quality check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Nuveen Texas' history and understand the potential risks before investing.
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