Nuveen Dow 30 Fund Technical Analysis
| XDIAX Fund | USD 15.86 0.01 0.06% |
As of the 19th of April, Nuveen Dow secures the Standard Deviation of 0.5021, risk adjusted performance of (0.05), and Mean Deviation of 0.3632. Our technical analysis interface lets you check existing technical drivers of Nuveen Dow 30, as well as the relationship between them. Strictly speaking, you can use this information to find out if the fund will indeed mirror its model of past prices, or the prices will eventually revert. We were able to analyze thirteen technical drivers for Nuveen Dow, which can be compared to its peers in the industry. Please verify Nuveen Dow 30 risk adjusted performance, variance, as well as the relationship between the Variance and potential upside to decide if Nuveen Dow 30 is priced some-what accurately, providing market reflects its recent price of 15.86 per share.
Nuveen Dow Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Nuveen, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NuveenNuveen |
Nuveen Dow technical mutual fund 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, fund market cycles, or different charting patterns.
Nuveen Dow 30 Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Nuveen Dow 30 volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Nuveen Dow 30 Trend Analysis
Use this graph to draw trend lines for Nuveen Dow 30. You can use it to identify possible trend reversals for Nuveen Dow as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Nuveen Dow price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Nuveen Dow Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Nuveen Dow 30 applied against its price change over selected period. The best fit line has a slop of 0.006 , which may suggest that Nuveen Dow 30 market price will keep on failing further. It has 122 observation points and a regression sum of squares at 1.36, which is the sum of squared deviations for the predicted Nuveen Dow price change compared to its average price change.About Nuveen Dow Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Nuveen Dow 30 on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Nuveen Dow 30 based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Nuveen Dow 30 price pattern first instead of the macroeconomic environment surrounding Nuveen Dow 30. By analyzing Nuveen Dow's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Nuveen Dow's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Nuveen Dow specific price patterns or momentum indicators. Please read more on our technical analysis page.
Nuveen Dow April 19, 2024 Technical Indicators
Most technical analysis of Nuveen help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Nuveen from various momentum indicators to cycle indicators. When you analyze Nuveen charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.05) | |||
| Market Risk Adjusted Performance | (1.06) | |||
| Mean Deviation | 0.3632 | |||
| Coefficient Of Variation | (1,412) | |||
| Standard Deviation | 0.5021 | |||
| Variance | 0.2521 | |||
| Information Ratio | (0.21) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.09) | |||
| Treynor Ratio | (1.07) | |||
| Maximum Drawdown | 2.86 | |||
| Value At Risk | (0.85) | |||
| Potential Upside | 0.7335 | |||
| Skewness | (0.88) | |||
| Kurtosis | 2.2 |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Nuveen Dow 30. 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 nation. Note that the Nuveen Dow 30 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 Share Portfolio module to track or share privately all of your investments from the convenience of any device.
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.