Nuveen Mortgage Opportunity Fund Price on February 11, 2021
| XJLSX Fund | USD 19.32 0.02 0.10% |
Below is the normalized historical share price chart for Nuveen Mortgage Opportunity extending back to November 25, 2009. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Nuveen Mortgage stands at 19.32, as last reported on the 24th of April, with the highest price reaching 19.32 and the lowest price hitting 19.32 during the day.
If you're considering investing in Nuveen Mutual Fund, it is important to understand the factors that can impact its price. We consider Nuveen Mortgage out of control. Nuveen Mortgage Oppo has Sharpe Ratio of 0.0752, which conveys that the entity had a 0.0752% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Nuveen Mortgage, which you can use to evaluate the volatility of the fund. Please verify Nuveen Mortgage's Risk Adjusted Performance of 0.0561, downside deviation of 0.3662, and Mean Deviation of 0.1226 to check out if the risk estimate we provide is consistent with the expected return of 0.0151%.
Nuveen Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Nuveen |
Sharpe Ratio = 0.0752
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| Negative Returns | XJLSX |
Estimated Market Risk
| 0.2 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 5 95% of assets perform better |
Based on monthly moving average Nuveen Mortgage is performing at about 5% of its full potential. 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 Mortgage by adding it to a well-diversified portfolio.
Nuveen Mortgage Valuation on February 11, 2021
It is possible to determine the worth of Nuveen Mortgage on a given historical date. On February 11, 2021 Nuveen was worth 20.59 at the beginning of the trading date compared to the closed value of 20.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nuveen Mortgage mutual fund. Still, in general, we apply an absolute valuation method to find Nuveen Mortgage's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Nuveen Mortgage where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nuveen Mortgage's related companies.
| Open | High | Low | Close | Volume | |
04/11/2022 | 20.59 | 20.59 | 20.40 | 20.40 | 1.00 |
| 20.66 | 20.66 | 20.47 | 20.47 | 1.00 |
| Backtest Nuveen Mortgage | | | Nuveen Mortgage History | Next |
Nuveen Mortgage Trading Date Momentum on February 11, 2021
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.About Nuveen Mortgage Mutual Fund history
Nuveen Mortgage investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Nuveen is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nuveen Mortgage Oppo will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Nuveen Mortgage stock prices may prove useful in developing a viable investing in Nuveen Mortgage
Nuveen Mortgage Mutual Fund Technical Analysis
Nuveen Mortgage 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.
Price Boundaries
Nuveen Mortgage Period Price Range
Low | April 11, 2022
| High |
20.59 | 20.40 |
Nuveen Mortgage April 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Nuveen Mortgage 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 Mortgage shares will generate the highest return on investment. By undertsting and applying Nuveen Mortgage mutual fund market strength indicators, traders can identify Nuveen Mortgage Opportunity entry and exit signals to maximize returns
Nuveen Mortgage Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nuveen Mortgage's price direction in advance. Along with the technical and fundamental analysis of Nuveen Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nuveen to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0561 | |||
| Jensen Alpha | 0.0157 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.19) | |||
| Treynor Ratio | (1.23) |
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Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Nuveen Mortgage Opportunity. 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 Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Please note, there is a significant difference between Nuveen Mortgage's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nuveen Mortgage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nuveen Mortgage'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.