Nuveen High Yield Fund Manager Performance Evaluation
| NHMRX Fund | USD 14.80 0.03 0.20% |
The fund secures a Beta (Market Risk) of -0.026, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Nuveen High are expected to decrease at a much lower rate. During the bear market, Nuveen High is likely to outperform the market.
Risk-Adjusted Performance
7 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Nuveen High Yield are ranked lower than 7 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, Nuveen High is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more1 | 3 Nuveen Mutual Funds for Reliable Returns - Yahoo Lifestyle UK | 03/22/2024 |
| Expense Ratio | 1.4300 |
Nuveen |
Nuveen High Relative Risk vs. Return Landscape
If you would invest 1,455 in Nuveen High Yield on February 7, 2024 and sell it today you would earn a total of 25.00 from holding Nuveen High Yield or generate 1.72% return on investment over 90 days. Nuveen High Yield is currently producing 0.0278% returns and takes up 0.2748% volatility of returns over 90 trading days. Put another way, 2% 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. Expected Return |
| Risk |
Nuveen High Current Valuation
Fairly Valued
Today
Please note that Nuveen High's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Nuveen High Yield secures a last-minute Real Value of $14.78 per share. The latest price of the fund is $14.8. We determine the value of Nuveen High Yield from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will merge together.
Our valuation method for Nuveen High Yield 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 High. Since Nuveen High is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Nuveen Mutual Fund. However, Nuveen High'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. | Historical | Market 14.8 | Real 14.78 | Hype 14.8 | Naive 14.8 |
The real value of Nuveen Mutual Fund, also known as its intrinsic value, is the underlying worth of Nuveen High Yield Mutual Fund, which is reflected in its stock price. It is based on Nuveen High's financial performance, assets, liabilities, growth prospects, management team, or industry conditions. The intrinsic value of Nuveen High's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Nuveen High's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Nuveen High Yield 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 High more accurately as focusing exclusively on Nuveen High's fundamentals will not take into account other important factors: Nuveen High Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nuveen High's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Nuveen High Yield, and traders can use it to determine the average amount a Nuveen High'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 = 0.1014
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | NHMRX |
Estimated Market Risk
| 0.27 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Nuveen High is performing at about 7% 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 High by adding it to a well-diversified portfolio.
Nuveen High Fundamentals Growth
Nuveen Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Nuveen High, and Nuveen High fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Nuveen Mutual Fund performance.
| Price To Earning | 10.30 X | ||||
| Price To Book | 8.54 X | ||||
| Price To Sales | 1.16 X | ||||
| Total Asset | 25.27 B | ||||
About Nuveen High Performance
To evaluate Nuveen High Yield 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 High 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 High Yield market performance in a much more refined way. 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.Under normal market conditions, the fund invests at least 80 percent of the sum of its net assets and the amount of any borrowings for investment purposes in municipal bonds that pay interest that is exempt from regular federal personal income tax. It invests significantly in lower-quality long-term municipal bonds and may employ effective leverage through investments in inverse floaters.Things to note about Nuveen High Yield performance evaluation
Checking the ongoing alerts about Nuveen High for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Nuveen High Yield help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund generated three year return of -2.0% | |
| Nuveen High Yield maintains about 7.23% of its assets in cash |
- Analyzing Nuveen High's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Nuveen High's stock is overvalued or undervalued compared to its peers.
- Examining Nuveen High's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Nuveen High's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nuveen High's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Nuveen High's mutual fund. These opinions can provide insight into Nuveen High's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nuveen High Yield. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.