Nuveen Dow 30sm Etf Profile
| DIAX Etf | USD 13.72 0.01 0.07% |
Performance0 of 100
| Odds Of DistressLess than 23
|
Nuveen Dow is trading at 13.72 as of the 20th of April 2024; that is 0.07% increase since the beginning of the trading day. The etf's open price was 13.71. Nuveen Dow has about a 23 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Nuveen Dow 30Sm are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 21st of March 2024 and ending today, the 20th of April 2024. Click here to learn more.
Nuveen Dow 30 Dynamic Overwrite Fund is a closed-ended equity mutual fund launched by Nuveen Investments, Inc. Nuveen Dow is traded on New York Stock Exchange in the United States. The company has 36.37 M outstanding shares of which 9.74 K shares are currently shorted by private and institutional investors with about 0.1 trading days to cover. More on Nuveen Dow 30Sm
Moving together with Nuveen Etf
| 0.62 | SMI | VanEck Vectors ETF | PairCorr |
Moving against Nuveen Etf
| 0.69 | GLDX | USCF Gold Strategy Symbol Change | PairCorr |
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 Dow's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Nuveen Dow or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman | Terence Toth |
| Business Concentration | Derivative Income, Asset Management, Financial Services (View all Sectors) |
| Update Date | 31st of March 2024 |
| Nav | 15.97 |
| Prev Close Price | 14.04 |
| Country Name | USA |
| Code | DIAX |
| I S I N | US67075F1057 |
| Name | Nuveen Dow 30 Dynamic Overwrite Fund |
| Currency Name | US Dollar |
| Currency Code | USD |
| Open Figi | BBG007PPRJ91 |
| Type | FUND |
| Expense Ratio | 0.92 |
Nuveen Dow 30Sm [DIAX] is traded in USA and was established 2005-04-29. The fund is not classified under any group at this time. Nuveen Dow 30Sm currently have in assets under management (AUM). The fund is currently generating year-to-date return of 0.2% with the current yeild of 0.01%, while the total return for the last 3 years was 3.24%.
Check Nuveen Dow Probability Of Bankruptcy
Nuveen Dow Target Price Odds Analysis
Based on a normal probability distribution, the odds of Nuveen Dow jumping above the current price in 90 days from now is about 99.0%. The Nuveen Dow 30Sm probability density function shows the probability of Nuveen Dow etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Nuveen Dow has a beta of 0.8935 suggesting Nuveen Dow 30Sm market returns are sensitive to returns on the market. As the market goes up or down, Nuveen Dow is expected to follow. Additionally, nuveen Dow 30Sm 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 Dow to move above the current price in 90 days from now is about 99.0 (This Nuveen Dow 30Sm probability density function shows the probability of Nuveen Etf to fall within a particular range of prices over 90 days) .
Nuveen Dow Top Holders
| ALTY | Global X Alternative | Etf | Aggressive Allocation |
Nuveen Dow 30Sm Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Nuveen Dow market risk premium is the additional return an investor will receive from holding Nuveen Dow 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 Dow. 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 Dow's alpha and beta are two of the key measurements used to evaluate Nuveen Dow's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.12) | |||
| Treynor Ratio | (0.04) |
Nuveen Dow Against Markets
Picking the right benchmark for Nuveen Dow 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 Dow 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 Dow is critical whether you are bullish or bearish towards Nuveen Dow 30Sm at a given time. Please also check how Nuveen Dow's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Nuveen Dow without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy Nuveen Etf?
Before investing in Nuveen Dow, 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 Dow. To buy Nuveen Dow etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Nuveen Dow. 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 Dow etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Nuveen Dow 30Sm 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 Dow 30Sm 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 Dow 30Sm, 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.
Already Invested in Nuveen Dow 30Sm?
The danger of trading Nuveen Dow 30Sm 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 Dow 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 Dow. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Nuveen Dow 30Sm 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.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Nuveen Dow 30Sm. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Nuveen Dow 30Sm information on this page should be used as a complementary analysis to other Nuveen Dow'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 the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
The market value of Nuveen Dow 30Sm 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 Dow's value that differs from its market value or its book value, called intrinsic value, which is Nuveen Dow'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 Dow's market value can be influenced by many factors that don't directly affect Nuveen Dow'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 Dow's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nuveen Dow is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nuveen Dow'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.