Our philosophy towards estimating volatility of a fund is to use all available market data together with fund specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Nuveen NWQ which you can use to evaluate future volatility of the organization. Please verify Nuveen NWQ Flexibleome A USD Mean Deviation of 0.1022 and Risk Adjusted Performance of
(0.11) to check out if risk estimate we provide are consistent with the epected return of 0.0%.
|Horizon||30 Days Login to change|
Nuveen NWQ Market Sensitivity
|As returns on market increase, Nuveen NWQ returns are expected to increase less than the market. However during bear market, the loss on holding Nuveen NWQ will be expected to be smaller as well.2 Months Beta |Analyze Nuveen NWQ Flexible Demand TrendCheck current 30 days Nuveen NWQ correlation with market (DOW)|
β = 0.0235
Nuveen NWQ Central Daily Price Deviation
Nuveen NWQ Flexible Technical Analysis
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Nuveen NWQ Projected Return Density Against MarketAssuming 30 trading days horizon, Nuveen NWQ has beta of 0.0235 . This indicates as returns on market go up, Nuveen NWQ average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Nuveen NWQ Flexibleome A USD will be expected to be much smaller as well. Additionally, Nuveen NWQ Flexibleome A USD has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
Predicted Return Density
|Alpha over DOW||=||0.01|
|Beta against DOW||=||0.0235|
Nuveen NWQ Return VolatilityNuveen NWQ Flexibleome A USD accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.3471% risk (volatility on return distribution) over the 30 days horizon.
DOW has a standard deviation of returns of 1.35 and is 9.223372036854776E16 times more volatile than Nuveen NWQ Flexibleome A USD. 0% of all equities and portfolios are less risky than Nuveen NWQ. Compared to the overall equity markets, volatility of historical daily returns of Nuveen NWQ Flexibleome A USD is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use Nuveen NWQ Flexibleome A USD to protect against small markets fluctuations. The fund experiences moderate downward daily trend and can be a good diversifier. Check odds of Nuveen NWQ to be traded at $19.42 in 30 days. As returns on market increase, Nuveen NWQ returns are expected to increase less than the market. However during bear market, the loss on holding Nuveen NWQ will be expected to be smaller as well.
Nuveen NWQ correlation with market