Nuveen Real Estate Fund Market Value
| JRS Fund | USD 7.49 0.02 0.27% |
| Symbol | Nuveen |
Nuveen Real 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Nuveen Real's fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Nuveen Real.
| 05/20/2024 |
| 06/19/2024 |
If you would invest 0.00 in Nuveen Real on May 20, 2024 and sell it all today you would earn a total of 0.00 from holding Nuveen Real Estate or generate 0.0% return on investment in Nuveen Real over 30 days. Nuveen Real is related to or competes with Eaton Vance, Eaton Vance, Eaton Vance, Eaton Vance, Eaton Vance, Blackrock Muniholdings, and DTF Tax. Nuveen Real Estate Income Fund is a closed-ended equity mutual fund launched by Nuveen Investments Inc More
Nuveen Real Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Nuveen Real's fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Nuveen Real Estate upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.51 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 5.88 | |||
| Value At Risk | (2.51) | |||
| Potential Upside | 1.5 |
Nuveen Real Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nuveen Real's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nuveen Real's standard deviation. In reality, there are many statistical measures that can use Nuveen Real historical prices to predict the future Nuveen Real's volatility.| Risk Adjusted Performance | 0.0087 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | (0) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Nuveen Real'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 Real Estate Backtested Returns
We consider Nuveen Real out of control. Nuveen Real Estate has Sharpe Ratio of 0.0079, which conveys that the entity had a 0.0079% return per unit of risk over the last 3 months. We have found thirty technical indicators for Nuveen Real, which you can use to evaluate the volatility of the fund. Please verify Nuveen Real's Downside Deviation of 1.51, mean deviation of 0.9405, and Risk Adjusted Performance of 0.0087 to check out if the risk estimate we provide is consistent with the expected return of 0.0098%. The fund secures a Beta (Market Risk) of 1.19, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Nuveen Real will likely underperform.
Auto-correlation | -0.07 |
Very weak reverse predictability
Nuveen Real Estate has very weak reverse predictability. Overlapping area represents the amount of predictability between Nuveen Real time series from 20th of May 2024 to 4th of June 2024 and 4th of June 2024 to 19th of June 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Nuveen Real Estate price movement. The serial correlation of -0.07 indicates that barely 7.0% of current Nuveen Real price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.07 | |
| Spearman Rank Test | -0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Nuveen Real Estate lagged returns against current returns
Autocorrelation, which is Nuveen Real fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Nuveen Real's fund expected returns. We can calculate the autocorrelation of Nuveen Real returns to help us make a trade decision. For example, suppose you find that Nuveen Real has exhibited high autocorrelation historically, and you observe that the fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Nuveen Real regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Nuveen Real fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nuveen Real fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nuveen Real fund over time.
Current vs Lagged Prices |
| Timeline |
Nuveen Real Lagged Returns
When evaluating Nuveen Real's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nuveen Real fund have on its future price. Nuveen Real autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Nuveen Real autocorrelation shows the relationship between Nuveen Real fund current value and its past values and can show if there is a momentum factor associated with investing in Nuveen Real Estate.
Regressed Prices |
| Timeline |
Pair Trading with Nuveen Real
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Nuveen Real position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Nuveen Real will appreciate offsetting losses from the drop in the long position's value.Moving together with Nuveen Fund
| 0.79 | XDSMX | Dreyfus Strategic | PairCorr |
| 0.71 | CIF | Mfs Intermediate High | PairCorr |
| 0.78 | NXJ | Nuveen New Jersey | PairCorr |
| 0.69 | XNXJX | Nuveen New Jersey | PairCorr |
Moving against Nuveen Fund
| 0.48 | GE | GE Aerospace Financial Report 23rd of July 2024 | PairCorr |
| 0.42 | XNKGX | Nuveen Georgia Quality | PairCorr |
| 0.42 | XOM | Exxon Mobil Corp Financial Report 26th of July 2024 | PairCorr |
| 0.4 | CVX | Chevron Corp Financial Report 26th of July 2024 | PairCorr |
The ability to find closely correlated positions to Nuveen Real could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nuveen Real when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Nuveen Real - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Nuveen Real Estate to buy it.
The correlation of Nuveen Real is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Nuveen Real moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nuveen Real Estate moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Nuveen Real can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Nuveen Fund
Nuveen Real financial ratios help investors to determine whether Nuveen Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Nuveen with respect to the benefits of owning Nuveen Real security.
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