Nuveen Mutual Fund Manager Performance Evaluation

NUGIX -  USA Fund  

USD 29.44  0.11  0.38%

The fund secures a Beta (Market Risk) of 0.8986, which conveys possible diversification benefits within a given portfolio. Let's try to break down what Nuveen's beta means in this case. Nuveen Santa returns are very sensitive to returns on the market. As the market goes up or down, Nuveen Santa is expected to follow. Even though it is essential to pay attention to Nuveen Santa Barbara 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 Santa 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 Santa Barbara has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong forward indicators, Nuveen Santa is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
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Nuveen Price Channel

Fifty Two Week Low29.16
Fifty Two Week High34.42

Nuveen Santa Relative Risk vs. Return Landscape

If you would invest  3,132  in Nuveen Santa Barbara on February 22, 2022 and sell it today you would lose (188.00)  from holding Nuveen Santa Barbara or give up 6.0% of portfolio value over 90 days. Nuveen Santa Barbara is currently producing negative expected returns and takes up 1.2587% volatility of returns over 90 trading days. Put another way, 10% 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 Santa is expected to generate 0.95 times more return on investment than the market. However, the company is 1.06 times less risky than the market. It trades about -0.07 of its potential returns per unit of risk. The DOW is currently generating roughly -0.08 per unit of risk.

Nuveen Santa Current Valuation

Fairly Valued
Today 29.44
Share
Please note that Nuveen Santa's price fluctuation is very steady at this time.
Nuveen Santa Barbara secures a last-minute Real Value of $29.79 per share. The latest price of the fund is $29.44. At this time, the fund appears to be fairly valued. We determine the value of Nuveen Santa Barbara 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 Santa Barbara 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 Santa. Since Nuveen Santa is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Nuveen Mutual Fund. However, Nuveen Santa'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.
29.79
Real Value
31.05
Upside
Estimating the potential upside or downside of Nuveen Santa Barbara 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 Santa more accurately as focusing exclusively on Nuveen Santa's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
28.7529.7330.70
Details
Hype
Prediction
LowEstimated ValueHigh
28.1729.4330.69
Details
Potential
Annual Dividend
LowIncome Per ShareHigh
0.380.390.39
Details

Nuveen Santa Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Nuveen Santa's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Nuveen Santa Barbara, and traders can use it to determine the average amount a Nuveen Santa'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 = -0.0706

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Negative ReturnsNUGIX
Estimated Market Risk
 1.26
  actual daily
 
 10 %
of total potential
 
1010
Expected Return
 -0.09
  actual daily
 
 0 %
of total potential
 
00
Risk-Adjusted Return
 -0.07
  actual daily
 
 0 %
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00
Based on monthly moving average Nuveen Santa 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 Santa by adding it to a well-diversified portfolio.

About Nuveen Santa Performance

To evaluate Nuveen Santa Barbara 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 Santa 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 Santa Barbara 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 an attractive total return comprised of income from dividends and long-term capital appreciation. Nuveen Santa is traded on NASDAQ Exchange in the United States.

Things to note about Nuveen Santa Barbara

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

Nuveen Santa Alerts

Equity Alerts and Improvement Suggestions

Nuveen Santa Barbara generated a negative expected return over the last 90 days
On 31st of March 2022 Nuveen Santa paid $ 0.12 per share dividend to its current shareholders
The fund maintains 97.45% of its assets in stocks
Additionally, see Stocks Correlation. Note that the Nuveen Santa Barbara information on this page should be used as a complementary analysis to other Nuveen Santa'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 Stock Screener module to find equities using custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

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When running Nuveen Santa Barbara price analysis, check to measure Nuveen Santa'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 Santa is operating at the current time. Most of Nuveen Santa's value examination focuses on studying past and present price action to predict the probability of Nuveen Santa's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Nuveen Santa's price. Additionally, you may evaluate how the addition of Nuveen Santa to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Nuveen Santa's value and its price as these two are different measures arrived at by different means. Investors typically determine Nuveen Santa value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nuveen Santa'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.