Nuveen NWQ (Ireland) Probability of Target Price Finishing Over Current Price

    IE00BD3QFJ93 -- Ireland Fund  

    USD 19.82  0.20  1.00%

    Nuveen NWQ probability of target price tool provides mechanism to make assumptions about upside and downside potential of Nuveen NWQ Flexibleome A USD performance during a given time horizon utilizing its historical volatility. Please specify Nuveen NWQ time horizon, a valid symbol (red box) and a target price (blue box) you would like Nuveen NWQ odds to be computed. Please also check Risk vs Return Analysis.
    Horizon     30 Days    Login   to change
    Symbol:
    Refresh Odds

    Nuveen NWQ Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     19.82 30 days 19.82  ABOUT 16.91%
    Based on normal probability distribution, the odds of Nuveen NWQ to move above current price in 30 days from now is about 16.91% (This Nuveen NWQ Flexibleome A USD probability density function shows the probability of Nuveen NWQ Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Nuveen NWQ has beta of 0.0229 . 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
     Nuveen NWQ Price Density 
          Price 
    α
    Alpha over DOW
    =0.01
    β
    Beta against DOW=0.0229
    σ
    Overall volatility
    =10.42
    Ir
    Information ratio =0.78

    Nuveen NWQ Alerts

    Nuveen NWQ Alerts and Suggestions

    Nuveen NWQ Flexible is not yet fully synchronised with the market data
    The fund retains about 50.68% of its assets under management (AUM) in fixed income securities

    Price Density Drivers

    Nuveen NWQ Health Indicators

    Please also check Risk vs Return Analysis. Please also try Chance of Distress module to get analysis of equity chance of financial distress in the next 2 years.
    Search macroaxis.com