Nuveen Dividend Advantage Fund Probability of Future Fund Price Finishing Under 12.95
| NAD Fund | USD 10.97 0.04 0.37% |
Nuveen |
Nuveen Dividend Target Price Odds to finish below 12.95
The tendency of Nuveen Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay under $ 12.95 after 90 days |
| 10.97 | 90 days | 12.95 | close to 99 |
Based on a normal probability distribution, the odds of Nuveen Dividend to stay under $ 12.95 after 90 days from now is close to 99 (This Nuveen Dividend Advantage probability density function shows the probability of Nuveen Fund to fall within a particular range of prices over 90 days) . Probability of Nuveen Dividend Advantage price to stay between its current price of $ 10.97 and $ 12.95 at the end of the 90-day period is about 91.69 .
Considering the 90-day investment horizon Nuveen Dividend has a beta of 0.39. This indicates as returns on the market go up, Nuveen Dividend average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Nuveen Dividend Advantage will be expected to be much smaller as well. Additionally Nuveen Dividend Advantage has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Nuveen Dividend Price Density |
| Price |
Predictive Modules for Nuveen Dividend
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Nuveen Dividend Advantage. Regardless of method or technology, however, to accurately forecast the fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Nuveen Dividend's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Nuveen Dividend Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Nuveen Dividend is not an exception. The market had few large corrections towards the Nuveen Dividend's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Nuveen Dividend Advantage, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Nuveen Dividend within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.04 | |
β | Beta against NYSE Composite | 0.39 | |
σ | Overall volatility | 0.13 | |
Ir | Information ratio | -0.15 |
Nuveen Dividend Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Nuveen Dividend for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Nuveen Dividend Advantage can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Latest headline from news.google.com: NAD Barely A Dip Reflects Underlying Strength - Seeking Alpha | |
| The fund generated three year return of -4.0% |
Nuveen Dividend Technical Analysis
Nuveen Dividend's future price can be derived by breaking down and analyzing its technical indicators over time. Nuveen Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Nuveen Dividend Advantage. In general, you should focus on analyzing Nuveen Fund price patterns and their correlations with different microeconomic environments and drivers.
Nuveen Dividend Predictive Forecast Models
Nuveen Dividend's time-series forecasting models is one of many Nuveen Dividend's fund analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Nuveen Dividend's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the fund market movement and maximize returns from investment trading.
Things to note about Nuveen Dividend Advantage
Checking the ongoing alerts about Nuveen Dividend for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Nuveen Dividend Advantage help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Latest headline from news.google.com: NAD Barely A Dip Reflects Underlying Strength - Seeking Alpha | |
| The fund generated three year return of -4.0% |
Check out Nuveen Dividend Backtesting, Portfolio Optimization, Nuveen Dividend Correlation, Nuveen Dividend Hype Analysis, Nuveen Dividend Volatility, Nuveen Dividend History as well as Nuveen Dividend Performance. Note that the Nuveen Dividend Advantage information on this page should be used as a complementary analysis to other Nuveen Dividend's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.