Nuveen Massachusetts Related Correlations
NMT Fund | USD 10.85 0.02 0.18% |
Correlations
VTSAX | VFIAX | VTSMX | VITSX | VSTSX | VSMPX | VFINX | VFFSX | VGTSX | VTIAX | ||
VTSAX | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 0.89 | 0.89 | VTSAX | |
VFIAX | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 0.88 | 0.88 | VFIAX | |
VTSMX | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 0.89 | 0.89 | VTSMX | |
VITSX | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 0.89 | 0.89 | VITSX | |
VSTSX | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 0.89 | 0.89 | VSTSX | |
VSMPX | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 0.89 | 0.89 | VSMPX | |
VFINX | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 0.88 | 0.88 | VFINX | |
VFFSX | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 0.88 | 0.88 | VFFSX | |
VGTSX | 0.89 | 0.88 | 0.89 | 0.89 | 0.89 | 0.89 | 0.88 | 0.88 | 1.0 | VGTSX | |
VTIAX | 0.89 | 0.88 | 0.89 | 0.89 | 0.89 | 0.89 | 0.88 | 0.88 | 1.0 | VTIAX | |
VTSAX | VFIAX | VTSMX | VITSX | VSTSX | VSMPX | VFINX | VFFSX | VGTSX | VTIAX |
Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between Nuveen Fund performing well and Nuveen Massachusetts Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Nuveen Massachusetts' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
---|---|---|---|---|---|---|---|---|---|---|
VTSAX | 0.56 | 0.00 | 0.03 | 0.13 | 0.42 | 1.26 | 3.14 | |||
VFIAX | 0.52 | 0.03 | 0.04 | 0.15 | 0.31 | 1.24 | 3.13 | |||
VTSMX | 0.55 | 0.00 | 0.03 | 0.13 | 0.42 | 1.26 | 3.16 | |||
VITSX | 0.55 | 0.00 | 0.03 | 0.13 | 0.42 | 1.26 | 3.15 | |||
VSTSX | 0.55 | 0.01 | 0.03 | 0.13 | 0.42 | 1.26 | 3.15 | |||
VSMPX | 0.55 | 0.01 | 0.03 | 0.13 | 0.42 | 1.26 | 3.15 | |||
VFINX | 0.53 | 0.02 | 0.04 | 0.15 | 0.31 | 1.24 | 3.13 | |||
VFFSX | 0.53 | 0.02 | 0.04 | 0.15 | 0.32 | 1.24 | 3.13 | |||
VGTSX | 0.47 | (0.04) | (0.06) | 0.08 | 0.55 | 1.00 | 2.40 | |||
VTIAX | 0.47 | (0.04) | (0.06) | 0.09 | 0.54 | 0.99 | 2.41 |