Nuveen Mutual Fund Alpha and Beta Analysis

NCSRX -  USA Fund  

USD 19.82  0.01  0.05%

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Nuveen Symphony High. It also helps investors analyze the systematic and unsystematic risks associated with investing in Nuveen Symphony over a specified time horizon. Remember, high Nuveen Symphony's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation.
Additionally, see Nuveen Symphony Backtesting, Portfolio Optimization, Nuveen Symphony Correlation, Nuveen Symphony Hype Analysis, Nuveen Symphony Volatility, Nuveen Symphony History and analyze Nuveen Symphony Performance.

Nuveen Beta 

 
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Please note that although Nuveen Symphony alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., DOW index.) So in this particular case, Nuveen Symphony did 0.009367  worse than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Nuveen Symphony High fund's relative risk over its benchmark. Nuveen Symphony High has a beta of 0.0071  . Let's try to break down what Nuveen's beta means in this case. As returns on the market increase, Nuveen Symphony returns are expected to increase less than the market. However, during the bear market, the loss on holding Nuveen Symphony will be expected to be smaller as well.
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.

Nuveen Symphony Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Nuveen Symphony market risk premium is the additional return an investor will receive from holding Nuveen Symphony 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 Symphony. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Nuveen Symphony's performance over market.
α-0.0094   β0.0071
90 days against DJI

Nuveen Symphony expected buy-and-hold returns

Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Nuveen Symphony's Buy-and-hold return. Our buy-and-hold chart shows how Nuveen Symphony performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

Nuveen Symphony Market Price Analysis

Market price analysis indicators help investors to evaluate how Nuveen Symphony mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nuveen Symphony shares will generate the highest return on investment. By understating and applying Nuveen Symphony mutual fund market price indicators, traders can identify Nuveen Symphony position entry and exit signals to maximize returns.

Nuveen Symphony Return and Market Media

The median price of Nuveen Symphony for the period between Sun, Jul 25, 2021 and Sat, Oct 23, 2021 is 19.82 with a coefficient of variation of 0.43. The daily time series for the period is distributed with a sample standard deviation of 0.09, arithmetic mean of 19.83, and mean deviation of 0.07. The Fund did not receive any noticable media coverage during the period.
 Price Growth (%)  
      Timeline 

About Nuveen Symphony Beta and Alpha

For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all equity instruments such as Ford or other stocks, funds, and ETFs. Alpha measures the amount that position in Nuveen Symphony High has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.

Nuveen Symphony Investors Sentiment

The influence of Nuveen Symphony's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Nuveen. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Current Sentiment - NCSRX

Nuveen Symphony High Investor Sentiment

Macroaxis portfolio users are evenly split in their trading attitude regarding investing in Nuveen Symphony High. What is your trading attitude regarding investing in Nuveen Symphony High? Are you bullish or bearish?
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By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Additionally, see Nuveen Symphony Backtesting, Portfolio Optimization, Nuveen Symphony Correlation, Nuveen Symphony Hype Analysis, Nuveen Symphony Volatility, Nuveen Symphony History and analyze Nuveen Symphony Performance. Note that the Nuveen Symphony High information on this page should be used as a complementary analysis to other Nuveen Symphony'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 Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

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Nuveen Symphony 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, stock market cycles, or different charting patterns.
A focus of Nuveen Symphony technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Nuveen Symphony trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...