Nuveen Municipalome Fund Market Value
| NMI Fund | USD 9.73 0.04 0.41% |
| Symbol | Nuveen |
Nuveen Municipalome '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 Municipalome's fund 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 Municipalome.
| 05/28/2025 |
| 08/26/2025 |
If you would invest 0.00 in Nuveen Municipalome on May 28, 2025 and sell it all today you would earn a total of 0.00 from holding Nuveen Municipalome or generate 0.0% return on investment in Nuveen Municipalome over 90 days. Nuveen Municipalome is related to or competes with Nuveen Amt-free, Nuveen New, Eaton Vance, Nuveen Select, Nuveen New, Nuveen Massachusetts, and Nuveen Virginia. Nuveen Municipal Income Fund, Inc. is a closed ended fixed income mutual fund launched by Nuveen Investments Inc More
Nuveen Municipalome 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 Municipalome's fund 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 Municipalome upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9092 | |||
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 10.08 | |||
| Value At Risk | (1.02) | |||
| Potential Upside | 1.26 |
Nuveen Municipalome Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nuveen Municipalome's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nuveen Municipalome's standard deviation. In reality, there are many statistical measures that can use Nuveen Municipalome historical prices to predict the future Nuveen Municipalome's volatility.| Risk Adjusted Performance | 0.022 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | (0.10) | |||
| Treynor Ratio | 0.0713 |
Nuveen Municipalome Backtested Returns
Nuveen Municipalome is not too volatile at the moment. Nuveen Municipalome has Sharpe Ratio of 0.0399, which conveys that the entity had a 0.0399 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Nuveen Municipalome, which you can use to evaluate the volatility of the fund. Please verify Nuveen Municipalome's Risk Adjusted Performance of 0.022, mean deviation of 0.5286, and Downside Deviation of 0.9092 to check out if the risk estimate we provide is consistent with the expected return of 0.0424%. The fund secures a Beta (Market Risk) of 0.25, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Nuveen Municipalome's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nuveen Municipalome is expected to be smaller as well.
Auto-correlation | -0.63 |
Very good reverse predictability
Nuveen Municipalome has very good reverse predictability. Overlapping area represents the amount of predictability between Nuveen Municipalome time series from 28th of May 2025 to 12th of July 2025 and 12th of July 2025 to 26th of August 2025. 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 Municipalome price movement. The serial correlation of -0.63 indicates that roughly 63.0% of current Nuveen Municipalome price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.63 | |
| Spearman Rank Test | -0.72 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Nuveen Municipalome lagged returns against current returns
Autocorrelation, which is Nuveen Municipalome fund'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 Municipalome's fund expected returns. We can calculate the autocorrelation of Nuveen Municipalome returns to help us make a trade decision. For example, suppose you find that Nuveen Municipalome has exhibited high autocorrelation historically, and you observe that the fund 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 Municipalome 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 Municipalome fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nuveen Municipalome fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nuveen Municipalome fund over time.
Current vs Lagged Prices |
| Timeline |
Nuveen Municipalome Lagged Returns
When evaluating Nuveen Municipalome's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nuveen Municipalome fund have on its future price. Nuveen Municipalome 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 Municipalome autocorrelation shows the relationship between Nuveen Municipalome fund current value and its past values and can show if there is a momentum factor associated with investing in Nuveen Municipalome.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Nuveen Fund
Nuveen Municipalome financial ratios help investors to determine whether Nuveen Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Nuveen with respect to the benefits of owning Nuveen Municipalome security.
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