Nuveen Mutual Fund Alpha and Beta Analysis

NUGIX -  USA Fund  

USD 33.99  0.16  0.47%

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Nuveen Santa Barbara. It also helps investors analyze the systematic and unsystematic risks associated with investing in Nuveen Santa over a specified time horizon. Remember, high Nuveen Santa's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation.
Additionally, see Nuveen Santa Backtesting, Portfolio Optimization, Nuveen Santa Correlation, Nuveen Santa Hype Analysis, Nuveen Santa Volatility, Nuveen Santa History and analyze Nuveen Santa Performance.

Nuveen Beta 

 
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Please note that although Nuveen Santa alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., DOW index.) So in this particular case, Nuveen Santa did 0.016915  better than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Nuveen Santa Barbara fund's relative risk over its benchmark. Nuveen Santa Barbara has a beta of 0.78  . Let's try to break down what Nuveen's beta means in this case. As returns on the market increase, Nuveen Santa returns are expected to increase less than the market. However, during the bear market, the loss on holding Nuveen Santa will be expected to be smaller as well.
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.

Nuveen Santa Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Nuveen Santa market risk premium is the additional return an investor will receive from holding Nuveen Santa long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Nuveen Santa. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Nuveen Santa's performance over market.
α0.016915   β0.78
90 days against DJI

Nuveen Santa expected buy-and-hold returns

Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Nuveen Santa's Buy-and-hold return. Our buy-and-hold chart shows how Nuveen Santa performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

Nuveen Santa Market Price Analysis

Market price analysis indicators help investors to evaluate how Nuveen Santa mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nuveen Santa shares will generate the highest return on investment. By understating and applying Nuveen Santa mutual fund market price indicators, traders can identify Nuveen Santa position entry and exit signals to maximize returns.

Nuveen Santa Return and Market Media

The median price of Nuveen Santa for the period between Sat, Jul 24, 2021 and Fri, Oct 22, 2021 is 33.11 with a coefficient of variation of 1.21. The daily time series for the period is distributed with a sample standard deviation of 0.4, arithmetic mean of 33.13, and mean deviation of 0.33. The Fund received some media coverage during the period.
 Price Growth (%)  
      Timeline 
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About Nuveen Santa Beta and Alpha

For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all equity instruments such as Ford or other stocks, funds, and ETFs. Alpha measures the amount that position in Nuveen Santa Barbara has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.

Nuveen Santa Investors Sentiment

The influence of Nuveen Santa's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Nuveen. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Current Sentiment - NUGIX

Nuveen Santa Barbara Investor Sentiment

Macroaxis portfolio users are evenly split in their trading attitude regarding investing in Nuveen Santa Barbara. What is your trading attitude regarding investing in Nuveen Santa Barbara? Are you bullish or bearish?
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Build Portfolio with Nuveen Santa

Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.

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By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Additionally, see Nuveen Santa Backtesting, Portfolio Optimization, Nuveen Santa Correlation, Nuveen Santa Hype Analysis, Nuveen Santa Volatility, Nuveen Santa History and analyze Nuveen Santa Performance. 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 Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

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Nuveen Santa technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Nuveen Santa technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Nuveen Santa trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...