Nuveen Floating Rate Fund Market Value
| JFR Fund | USD 8.49 0.01 0.12% |
| Symbol | Nuveen |
Nuveen Floating '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 Floating'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 Floating.
| 06/16/2025 |
| 07/16/2025 |
If you would invest 0.00 in Nuveen Floating on June 16, 2025 and sell it all today you would earn a total of 0.00 from holding Nuveen Floating Rate or generate 0.0% return on investment in Nuveen Floating over 30 days. Nuveen Floating is related to or competes with Blackrock Floating, Nuveen Credit, BlackRock Floating, Eaton Vance, and Eaton Vance. Nuveen Floating Rate Income Fund is a close ended fixed income mutual fund launched by Nuveen Investments, Inc More
Nuveen Floating 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 Floating'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 Floating Rate upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.3342 | |||
| Information Ratio | 0.1177 | |||
| Maximum Drawdown | 1.93 | |||
| Value At Risk | (0.37) | |||
| Potential Upside | 0.7203 |
Nuveen Floating Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nuveen Floating's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nuveen Floating's standard deviation. In reality, there are many statistical measures that can use Nuveen Floating historical prices to predict the future Nuveen Floating's volatility.| Risk Adjusted Performance | 0.4531 | |||
| Jensen Alpha | 0.1428 | |||
| Total Risk Alpha | 0.1177 | |||
| Sortino Ratio | 0.1278 | |||
| Treynor Ratio | 1.09 |
Nuveen Floating Rate Backtested Returns
Currently, Nuveen Floating Rate is very steady. Nuveen Floating Rate has Sharpe Ratio of 0.47, which conveys that the entity had a 0.47 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Nuveen Floating, which you can use to evaluate the volatility of the fund. Please verify Nuveen Floating's Mean Deviation of 0.2755, risk adjusted performance of 0.4531, and Coefficient Of Variation of 213.36 to check out if the risk estimate we provide is consistent with the expected return of 0.17%. The fund secures a Beta (Market Risk) of 0.15, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Nuveen Floating's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nuveen Floating is expected to be smaller as well.
Auto-correlation | 0.92 |
Excellent predictability
Nuveen Floating Rate has excellent predictability. Overlapping area represents the amount of predictability between Nuveen Floating time series from 16th of June 2025 to 1st of July 2025 and 1st of July 2025 to 16th of July 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 Floating Rate price movement. The serial correlation of 0.92 indicates that approximately 92.0% of current Nuveen Floating price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.92 | |
| Spearman Rank Test | 0.93 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Nuveen Floating Rate lagged returns against current returns
Autocorrelation, which is Nuveen Floating 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 Floating's fund expected returns. We can calculate the autocorrelation of Nuveen Floating returns to help us make a trade decision. For example, suppose you find that Nuveen Floating 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 Floating 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 Floating fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nuveen Floating fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nuveen Floating fund over time.
Current vs Lagged Prices |
| Timeline |
Nuveen Floating Lagged Returns
When evaluating Nuveen Floating's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nuveen Floating fund have on its future price. Nuveen Floating 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 Floating autocorrelation shows the relationship between Nuveen Floating fund current value and its past values and can show if there is a momentum factor associated with investing in Nuveen Floating Rate.
Regressed Prices |
| Timeline |
Pair Trading with Nuveen Floating
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Nuveen Floating position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Nuveen Floating will appreciate offsetting losses from the drop in the long position's value.Moving together with Nuveen Fund
| 0.79 | ASG | Liberty All Star | PairCorr |
| 0.76 | IIF | Morgan Stanley India | PairCorr |
| 0.95 | CII | Blackrock Enhanced | PairCorr |
| 0.81 | ETV | Eaton Vance Tax | PairCorr |
The ability to find closely correlated positions to Nuveen Floating could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nuveen Floating when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Nuveen Floating - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Nuveen Floating Rate to buy it.
The correlation of Nuveen Floating is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Nuveen Floating moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nuveen Floating Rate moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Nuveen Floating can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Nuveen Fund
Nuveen Floating 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 Floating security.
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