The fund secures Beta (Market Risk) of 0.0 which conveys that the returns on MARKET and Nuveen NWQ are completely uncorrelated. Even though it is essential to pay attention to Nuveen NWQ Flexible price patterns, it is always good to be careful when utilizing equity historical price patterns. Macroaxis philosophy towards estimating future performance of any fund is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Nuveen NWQ exposes twenty-one different technical indicators which can help you to evaluate its performance.
|Horizon||30 Days Login to change|
Nuveen NWQ Flexible Relative Risk vs. Return LandscapeIf you would invest 1,933 in Nuveen NWQ Flexibleome A USD on December 19, 2018 and sell it today you would lose (31.00) from holding Nuveen NWQ Flexibleome A USD or give up 1.6% of portfolio value over 30 days. Nuveen NWQ Flexibleome A USD is generating negative expected returns and assumes 0.9259% volatility on return distribution over the 30 days horizon. Simply put, 8% of equities are less volatile than Nuveen NWQ and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
Nuveen NWQ Current Valuation
Nuveen NWQ is Unknown risk asset. Nuveen NWQ Flexible last-minute Real Value cannot be determined due to lack of data. The latest price of Nuveen NWQ Flexible is $19.02. Based on Macroaxis valuation methodology, the organization cannot be evaluated at this time. We determine the value of Nuveen NWQ Flexible from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend to purchase undervalued stocks and to get rid of overvalued stocks since at some point entities prices and their ongoing real values will merge together.
Nuveen NWQ Market Risk Analysis
Sharpe Ratio = -0.5774
Nuveen NWQ Relative Performance Indicators
Estimated Market Risk
Risk-Adjusted Fund PerformanceOver the last 30 days Nuveen NWQ Flexibleome A USD has generated negative risk-adjusted returns adding no value to fund investors.
|Fifty Two Week Low||20.5400|
|Fifty Two Week High||20.7700|
|Annual Report Expense Ratio||1.50%|