Nuveen Mortgage Opportunity Fund Price on July 14, 2020
| XJLSX Fund | USD 19.31 0.11 0.57% |
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 19.31, as last reported on the 16th of April 2024, with the highest price reaching 19.31 and the lowest price hitting 19.31 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 very steady. Nuveen Mortgage Oppo has Sharpe Ratio of 0.15, which conveys that the entity had a 0.15% return per unit of risk over the last 3 months. We have found twenty-seven 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 0.0607, mean deviation of 0.1343, and Downside Deviation of 0.4044 to check out if the risk estimate we provide is consistent with the expected return of 0.0306%.
Nuveen Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Nuveen |
Sharpe Ratio = 0.147
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | XJLSX |
Estimated Market Risk
| 0.21 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Nuveen Mortgage is performing at about 11% 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.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
| LTC | Litecoin | |
| STETH | Staked Ether | |
| LINK | Chainlink |
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
Nuveen Mortgage April 16, 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
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 19.31 | |||
| Day Typical Price | 19.31 | |||
| Price Action Indicator | (0.06) | |||
| Period Momentum Indicator | (0.11) |
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 | 0.0607 | |||
| Jensen Alpha | 0.0177 | |||
| Total Risk Alpha | (0.0007) | |||
| Sortino Ratio | (0.09) | |||
| Treynor Ratio | (1.59) |
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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 Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
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.