Nuveen Mutual Fund Quote

NAAEX
 Fund
  

USD 9.67  0.01  0.10%   

Market Performance
0 of 100
Odds Of Distress
Less than 6
Nuveen Short is trading at 9.67 as of the 26th of November 2022; that is 0.10 percent up since the beginning of the trading day. The fund's open price was 9.66. Nuveen Short has only a 6 % chance of going through financial distress over the next few years, but has generated negative returns over the last 90 days. Equity ratings for Nuveen Short Term are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 6th of December 2020 and ending today, the 26th of November 2022. Click here to learn more.
The investment seeks current income that is exempt from federal income tax to the extent consistent with preservation of capital. Nuveen Short is traded on NASDAQ Exchange in the United States. More on Nuveen Short Term

Moving together with Nuveen Short

+0.99VMLUXVanguard Limited-TermPairCorr
+0.99VMLTXVanguard Limited TermPairCorr
+0.95VWSUXVanguard Short TermPairCorr
+0.95VWSTXVanguard Short TermPairCorr

Nuveen Short Mutual Fund 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 Short's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Nuveen Short or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Nuveen Short Term generated a negative expected return over the last 90 days
On 1st of November 2022 Nuveen Short paid $ 0.0015 per share dividend to its current shareholders
Latest headline from news.google.com: Tesla Just Established a Chinese Joint Venture With the Swiss Automotive Chip Company Annex the EV Giant Is Also Slated To Become One of TSMCs Largest Customers - Wccftech
The fund maintains most of the assets in different exotic instruments.
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Nuveen Short's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Startdate10th of December 2020
Nuveen Short Term [NAAEX] is traded in USA and was established 26th of November 2022. The fund is listed under Muni National Short category and is part of Nuveen family. Nuveen Short Term now has accumulated 792.94 M in assets with no minimum investment requirements, while the total return for the last 3 years was 0.71%.
Check Nuveen Short Probability Of Bankruptcy

Instrument Allocation

Nuveen Short Target Price Odds Analysis

Based on a normal probability distribution, the odds of Nuveen Short jumping above the current price in 90 days from now is about 17.99%. The Nuveen Short Term probability density function shows the probability of Nuveen Short mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Nuveen Short has a beta of 0.0225. This indicates as returns on the market go up, Nuveen Short average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Nuveen Short Term will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Nuveen Short Term is significantly underperforming DOW.
  Odds Below 9.67HorizonTargetOdds Above 9.67
80.83%90 days
 9.67 
17.99%
Based on a normal probability distribution, the odds of Nuveen Short to move above the current price in 90 days from now is about 17.99 (This Nuveen Short Term probability density function shows the probability of Nuveen Mutual Fund to fall within a particular range of prices over 90 days) .

Nuveen Short Term Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Nuveen Short market risk premium is the additional return an investor will receive from holding Nuveen Short 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 Short. 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 Short's alpha and beta are two of the key measurements used to evaluate Nuveen Short's performance over the market, the standard measures of volatility play an important role as well.

Nuveen Short Against Markets

Picking the right benchmark for Nuveen Short mutual fund 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 Short mutual fund 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 Short is critical whether you are bullish or bearish towards Nuveen Short Term at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Nuveen Short 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?

Run Stock Tickers Now

   

Stock Tickers

Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
All  Next Launch Module

Invested in Nuveen Short Term?

The danger of trading Nuveen Short Term is mainly related to its market volatility and Mutual Fund 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 Short 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 Short. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Nuveen Short Term 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.
Additionally, see Correlation Analysis. Note that the Nuveen Short Term information on this page should be used as a complementary analysis to other Nuveen Short'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 Anywhere module to track or share privately all of your investments from the convenience of any device.

Complementary Tools for Nuveen Mutual Fund analysis

When running Nuveen Short Term price analysis, check to measure Nuveen Short's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nuveen Short is operating at the current time. Most of Nuveen Short's value examination focuses on studying past and present price action to predict the probability of Nuveen Short's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Nuveen Short's price. Additionally, you may evaluate how the addition of Nuveen Short to your portfolios can decrease your overall portfolio volatility.
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Go
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Go
Watchlist Optimization
Optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm
Go
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Go
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Go
Please note, there is a significant difference between Nuveen Short's value and its price as these two are different measures arrived at by different means. Investors typically determine Nuveen Short value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nuveen Short'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.