Nuveen Mutual Fund Manager Performance Evaluation

NCSRX -  USA Fund  

USD 16.96  0.08  0.47%

The fund secures a Beta (Market Risk) of 0.0426, which conveys not very significant fluctuations relative to the market. Let's try to break down what Nuveen's beta means in this case. As returns on the market increase, Nuveen Symphony returns are expected to increase less than the market. However, during the bear market, the loss on holding Nuveen Symphony will be expected to be smaller as well. Even though it is essential to pay attention to Nuveen Symphony High price patterns, it is always good to be careful when utilizing equity historical price patterns. Our philosophy towards estimating any fund's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Nuveen Symphony exposes twenty-one different technical indicators, which can help you to evaluate its performance.
  
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Nuveen Performance
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Over the last 90 days Nuveen Symphony High has generated negative risk-adjusted returns adding no value to fund investors. In spite of latest weak performance, the Fund's basic indicators remain strong and the current disturbance on Wall Street may also be a sign of long term gains for the fund investors.
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Nuveen Price Channel

Fifty Two Week Low16.97
Fifty Two Week High19.99

Nuveen Symphony Relative Risk vs. Return Landscape

If you would invest  1,844  in Nuveen Symphony High on March 27, 2022 and sell it today you would lose (148.00)  from holding Nuveen Symphony High or give up 8.03% of portfolio value over 90 days. Nuveen Symphony High is currently producing negative expected returns and takes up 0.6773% volatility of returns over 90 trading days. Put another way, 5% of traded mutual funds are less volatile than Nuveen, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
 Daily Expected Return (%) 
      Risk (%) 
Assuming the 90 days horizon Nuveen Symphony is expected to generate 0.47 times more return on investment than the market. However, the company is 2.12 times less risky than the market. It trades about -0.2 of its potential returns per unit of risk. The DOW is currently generating roughly -0.11 per unit of risk.

Nuveen Symphony Current Valuation

Fairly Valued
Today 16.96
Please note that Nuveen Symphony's price fluctuation is very steady at this time.
Nuveen Symphony High secures a last-minute Real Value of $17.18 per share. The latest price of the fund is $16.96. At this time, the fund appears to be fairly valued. We determine the value of Nuveen Symphony High from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued stocks and dropping overvalued stocks since, at some point, stock prices and their ongoing real values will merge together.
Our valuation method for Nuveen Symphony High is useful when determining the fair value of the Nuveen mutual fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of Nuveen Symphony. Since Nuveen Symphony is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Nuveen Mutual Fund. However, Nuveen Symphony's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
17.18
Real Value
17.86
Upside
Estimating the potential upside or downside of Nuveen Symphony High helps investors to forecast how Nuveen mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Nuveen Symphony more accurately as focusing exclusively on Nuveen Symphony's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
16.7517.5018.25
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Hype
Prediction
LowEstimated ValueHigh
16.2816.9617.64
Details
Potential
Annual Dividend
LowIncome Per ShareHigh
0.590.610.62
Details

Nuveen Symphony Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Nuveen Symphony's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Nuveen Symphony High, and traders can use it to determine the average amount a Nuveen Symphony's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = -0.1957

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Estimated Market Risk
 0.68
  actual daily
 
 5 %
of total potential
 
55
Expected Return
 -0.13
  actual daily
 
 0 %
of total potential
 
00
Risk-Adjusted Return
 -0.2
  actual daily
 
 0 %
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00
Based on monthly moving average Nuveen Symphony is performing at about 0% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Nuveen Symphony by adding it to a well-diversified portfolio.

About Nuveen Symphony Performance

To evaluate Nuveen Symphony High Mutual Fund as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Nuveen Symphony generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Nuveen Mutual Fund's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Nuveen Symphony High stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents Nuveen's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
The investment seeks current income and capital appreciation. Nuveen Symphony is traded on NASDAQ Exchange in the United States.

Things to note about Nuveen Symphony High

Checking the ongoing alerts about Nuveen Symphony for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Nuveen Symphony High help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Nuveen Symphony Alerts

Equity Alerts and Improvement Suggestions

Nuveen Symphony High generated a negative expected return over the last 90 days
Nuveen Symphony High is unlikely to experience financial distress in the next 2 years
The fund maintains about 6.53% of its assets in cash
Additionally, see Stocks Correlation. Note that the Nuveen Symphony High information on this page should be used as a complementary analysis to other Nuveen Symphony'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 Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

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When running Nuveen Symphony High price analysis, check to measure Nuveen Symphony's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nuveen Symphony is operating at the current time. Most of Nuveen Symphony's value examination focuses on studying past and present price action to predict the probability of Nuveen Symphony's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Nuveen Symphony's price. Additionally, you may evaluate how the addition of Nuveen Symphony to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Nuveen Symphony's value and its price as these two are different measures arrived at by different means. Investors typically determine Nuveen Symphony value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nuveen Symphony's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.