Nuveen Dividend Growth Etf Market Value
| NDVG Etf | USD 33.80 0.13 0.39% |
| Symbol | Nuveen |
The market value of Nuveen Dividend Growth 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 Dividend's value that differs from its market value or its book value, called intrinsic value, which is Nuveen Dividend'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 Dividend's market value can be influenced by many factors that don't directly affect Nuveen Dividend'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 Dividend's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nuveen Dividend is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nuveen Dividend'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.
Nuveen Dividend 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Nuveen Dividend's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Nuveen Dividend.
| 06/10/2023 |
| 12/01/2024 |
If you would invest 0.00 in Nuveen Dividend on June 10, 2023 and sell it all today you would earn a total of 0.00 from holding Nuveen Dividend Growth or generate 0.0% return on investment in Nuveen Dividend over 540 days. Nuveen Dividend is related to or competes with Vanguard Total, SPDR SP, IShares Core, Vanguard Dividend, Vanguard Large, Invesco SP, and IShares Russell. Under normal market conditions, the fund invests at least 80 percent of the sum of its net assets in dividend-paying exc... More
Nuveen Dividend Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Nuveen Dividend's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Nuveen Dividend Growth upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6245 | |||
| Information Ratio | (0.1) | |||
| Maximum Drawdown | 2.45 | |||
| Value At Risk | (0.91) | |||
| Potential Upside | 1.05 |
Nuveen Dividend Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nuveen Dividend's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nuveen Dividend's standard deviation. In reality, there are many statistical measures that can use Nuveen Dividend historical prices to predict the future Nuveen Dividend's volatility.| Risk Adjusted Performance | 0.0971 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.09) | |||
| Treynor Ratio | 0.1045 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Nuveen Dividend's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Nuveen Dividend Growth Backtested Returns
At this point, Nuveen Dividend is very steady. Nuveen Dividend Growth has Sharpe Ratio of 0.15, which conveys that the entity had a 0.15% return per unit of risk over the last 3 months. We have found thirty technical indicators for Nuveen Dividend, which you can use to evaluate the volatility of the etf. Please verify Nuveen Dividend's Mean Deviation of 0.4947, risk adjusted performance of 0.0971, and Downside Deviation of 0.6245 to check out if the risk estimate we provide is consistent with the expected return of 0.0852%. The etf secures a Beta (Market Risk) of 0.66, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Nuveen Dividend's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nuveen Dividend is expected to be smaller as well.
Auto-correlation | 0.72 |
Good predictability
Nuveen Dividend Growth has good predictability. Overlapping area represents the amount of predictability between Nuveen Dividend time series from 10th of June 2023 to 6th of March 2024 and 6th of March 2024 to 1st of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Nuveen Dividend Growth price movement. The serial correlation of 0.72 indicates that around 72.0% of current Nuveen Dividend price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.72 | |
| Spearman Rank Test | 0.7 | |
| Residual Average | 0.0 | |
| Price Variance | 2.92 |
Nuveen Dividend Growth lagged returns against current returns
Autocorrelation, which is Nuveen Dividend etf's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Nuveen Dividend's etf expected returns. We can calculate the autocorrelation of Nuveen Dividend returns to help us make a trade decision. For example, suppose you find that Nuveen Dividend has exhibited high autocorrelation historically, and you observe that the etf is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Nuveen Dividend regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Nuveen Dividend etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nuveen Dividend etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nuveen Dividend etf over time.
Current vs Lagged Prices |
| Timeline |
Nuveen Dividend Lagged Returns
When evaluating Nuveen Dividend's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nuveen Dividend etf have on its future price. Nuveen Dividend autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Nuveen Dividend autocorrelation shows the relationship between Nuveen Dividend etf current value and its past values and can show if there is a momentum factor associated with investing in Nuveen Dividend Growth.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Nuveen Dividend Growth is a strong investment it is important to analyze Nuveen Dividend's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Nuveen Dividend's future performance. For an informed investment choice regarding Nuveen Etf, refer to the following important reports:Check out Nuveen Dividend Correlation, Nuveen Dividend Volatility and Nuveen Dividend Alpha and Beta module to complement your research on Nuveen Dividend. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Nuveen Dividend technical etf 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, etf market cycles, or different charting patterns.