Nuveen Dividend Variance
| NAD Fund | | | USD 11.96 0.04 0.34% |
Nuveen Dividend variance lookup summarizes this and related technical indicators for Nuveen Dividend Advantage. Coverage varies by data normalization and availability; see
Equity Screeners for broader screening context. Nuveen Dividend has a market cap of 2.99 B, operating margin of 81.81%, ROE of -13.0%. Use
Correlation Analysis to explore allocation context. This includes a position in Nuveen Dividend Advantage within the portfolio mix. Also, note that the market value of any fund could be closely tied with the direction of predictive economic indicators such as
signals in nation.
Nuveen Dividend Advantage has current Variance of 0.214. Variance is another measure of security risk that shows the amount of dispersion of equity returns around their mean value. Variance is calculated as the average squared deviations from the mean. Evaluating a set of investment alternatives one can use variance to help determine the volatility when purchasing a specific security. Similar to Standard Deviation, the variance is a measure of how far a set of numbers is spread out around its mean.
Variance | = | SUM(RET DEV)2N |
| = | 0.214 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
Nuveen Dividend Variance Peers Comparison
Nuveen Variance Relative To Other Indicators
Nuveen Dividend Advantage is rated
below average for variance versus comparable funds. It is currently under evaluation for maximum drawdown versus comparable funds with a Maximum Drawdown-to-Variance ratio near
10.96 . The Maximum Drawdown to Variance ratio for Nuveen Dividend Advantage comes in at
10.96 Variance is also a measure of stock volatility and can help determine the risk an investor might take on when purchasing a specific security. A relatively big variance indicates that the daily prices or returns are far from the mean and a small variance indicates that they are located around the mean.
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