Nuveen Mutual Fund Quote

Nuveen Santa is trading at 30.02 as of the 18th of September 2021; that is No Change since the beginning of the trading day. The fund's open price was 30.02. Equity ratings for Nuveen Santa Barbara are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of September 2020 and ending today, the 18th of September 2021. Click here to learn more.

Nuveen Santa Mutual Fund Profile

The investment seeks an attractive total return comprised of income from dividends and long-term capital appreciation. Nuveen Santa is traded on NASDAQ Exchange in the United States. more on Nuveen Santa
Nuveen Santa Barbara is not yet fully synchronised with the market data
The fund generated three year return of -1.0%
Nuveen Santa Barbara maintains 96.36% of its assets in stocks
Legal NameNuveen Santa Barbara
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Nuveen Santa's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Not RatedFairly Valued
Beta In Three Year0.91
Startdate10th of June 2019
Nuveen Santa Barbara [NUIAX] is traded in USA and was established 18th of September 2021. The fund is listed under Foreign Large Blend category and is part of Nuveen family. Nuveen Santa Barbara now has accumulated 4.97 M in assets with minimum initial investment of 3 K. , while the total return for the last 3 years was -1.33%.
Check Nuveen Santa Probability Of Bankruptcy

Sector Allocation (%)

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Nuveen Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Nuveen Santa , and the less return is expected.

Top Nuveen Santa Barbara Constituents

Nuveen Santa Target Price Odds Analysis

What are Nuveen Santa's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Nuveen Santa jumping above the current price in 90 days from now is nearly 4.96%. The Nuveen Santa Barbara probability density function shows the probability of Nuveen Santa mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Nuveen Santa has a beta of 0.0542. This indicates as returns on the market go up, Nuveen Santa average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Nuveen Santa Barbara will be expected to be much smaller as well. Additionally, the company has an alpha of 0.0188, implying that it can generate a 0.0188 percent excess return over DOW after adjusting for the inherited market risk (beta).
 Odds Down 30.02HorizonTargetOdds Up 30.02 
94.82%90 days
 30.02 
4.96%
Based on a normal probability distribution, the odds of Nuveen Santa to move above the current price in 90 days from now is nearly 4.96 (This Nuveen Santa Barbara probability density function shows the probability of Nuveen Mutual Fund to fall within a particular range of prices over 90 days) .

Nuveen Santa Barbara Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Nuveen Santa market risk premium is the additional return an investor will receive from holding Nuveen Santa long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Nuveen Santa. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Nuveen Santa's alpha and beta are two of the key measurements used to evaluate Nuveen Santa's performance over the market, the standard measures of volatility play an important role as well.

Nuveen Santa Against Markets

Picking the right benchmark for Nuveen Santa mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Nuveen Santa mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Nuveen Santa is critical whether you are bullish or bearish towards Nuveen Santa Barbara at a given time.

View Currently Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Nuveen Santa mutual fund to make a market-neutral strategy. Peer analysis of Nuveen Santa could also be used in its relative valuation, which is a method of valuing Nuveen Santa by comparing valuation metrics with similar companies.
Additionally, see Stocks Correlation. Note that the Nuveen Santa Barbara information on this page should be used as a complementary analysis to other Nuveen Santa's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Analyst Recommendations module to analyst recommendations and target price estimates broken down by several categories.

Complementary Tools for Nuveen Mutual Fund analysis

When running Nuveen Santa Barbara price analysis, check to measure Nuveen Santa's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nuveen Santa is operating at the current time. Most of Nuveen Santa's value examination focuses on studying past and present price action to predict the probability of Nuveen Santa's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Nuveen Santa's price. Additionally, you may evaluate how the addition of Nuveen Santa to your portfolios can decrease your overall portfolio volatility.
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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 Nuveen Santa value 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.