Nuveen Core Plus Etf Profile
| NCPB Etf | 24.74 0.04 0.16% |
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Nuveen Core is trading at 24.74 as of the 8th of May 2024, a 0.16 percent increase since the beginning of the trading day. The etf's open price was 24.7. Nuveen Core has 50 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. Equity ratings for Nuveen Core Plus are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of May 2022 and ending today, the 8th of May 2024. Click here to learn more.
Nuveen Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Nuveen Core's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Nuveen Core or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Ideas | (View all Themes) |
| Business Concentration | Broad Debt ETFs, Broad Market ETFs (View all Sectors) |
| Issuer | Nuveen |
| Inception Date | 2024-03-05 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 29.64 Million |
| Asset Type | Fixed Income |
| Category | Broad Debt |
| Focus | Broad Market |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | Brown Brothers Harriman & Co. |
| Advisor | Nuveen Fund Advisors, LLC |
| Custodian | Brown Brothers Harriman & Co. |
| Distributor | Nuveen Securities, LLC |
| Portfolio Manager | Joseph Higgins, Kevin Lorenz, Nicholas Travaglino, Katherine Renfrew |
| Transfer Agent | Brown Brothers Harriman & Co. |
| Fiscal Year End | 31-Jul |
| Exchange | NASDAQ |
| Number of Constituents | 316 |
| Market Maker | Jane Street |
| Total Expense | 0.3 |
| Management Fee | 0.3 |
| Country Name | USA |
| Code | NCPB |
| Updated At | 14th of April 2024 |
| Name | Nuveen Core Plus Bond ETF |
| Currency Name | US Dollar |
| Currency Code | USD |
| Open Figi | BBG01LTKQ8G3 |
| Type | ETF |
Nuveen Core Plus [NCPB] is traded in USA and was established null. The fund is not categorized under any group at this time. The fund now have in assets.
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Geographic Allocation (%)
Nuveen Core Target Price Odds Analysis
What are Nuveen Core's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Nuveen Core jumping above the current price in 90 days from now is about 39.25%. The Nuveen Core Plus probability density function shows the probability of Nuveen Core etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Nuveen Core has a beta of 0.1872. This indicates as returns on the market go up, Nuveen Core average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Nuveen Core Plus will be expected to be much smaller as well. Additionally, nuveen Core Plus has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Nuveen Core to move above the current price in 90 days from now is about 39.25 (This Nuveen Core Plus probability density function shows the probability of Nuveen Etf to fall within a particular range of prices over 90 days) .
Nuveen Core Plus Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Nuveen Core market risk premium is the additional return an investor will receive from holding Nuveen Core 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 Core. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Nuveen Core's alpha and beta are two of the key measurements used to evaluate Nuveen Core's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.06) | |||
| Treynor Ratio | (0.14) |
Nuveen Core Against Markets
Picking the right benchmark for Nuveen Core etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Nuveen Core etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Nuveen Core is critical whether you are bullish or bearish towards Nuveen Core Plus at a given time. Please also check how Nuveen Core's historical prices are related to one of the top price index indicators.
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| All Next | Launch Module |
How to buy Nuveen Etf?
Before investing in Nuveen Core, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Nuveen Core. To buy Nuveen Core etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Nuveen Core. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Nuveen Core etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Nuveen Core Plus etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Nuveen Core Plus etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as Nuveen Core Plus, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Nuveen Etf please use our How to Invest in Nuveen Core guide.
Already Invested in Nuveen Core Plus?
The danger of trading Nuveen Core Plus is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Nuveen Core is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Nuveen Core. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Nuveen Core Plus is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Nuveen Core Plus offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Nuveen Core's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Nuveen Core Plus Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Nuveen Core Plus Etf: Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nuveen Core Plus. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
The market value of Nuveen Core Plus is measured differently than its book value, which is the value of Nuveen that is recorded on the company's balance sheet. Investors also form their own opinion of Nuveen Core's value that differs from its market value or its book value, called intrinsic value, which is Nuveen Core's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nuveen Core's market value can be influenced by many factors that don't directly affect Nuveen Core's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nuveen Core's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nuveen Core is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nuveen Core'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.