Nuveen Select Variance
| NIM Fund | | | USD 9.40 -0.17 -1.78% |
The Variance indicator for Nuveen Select is constructed from normalized market data. The depth of trading history affects the precision of the indicator. Nuveen Select has a market cap of 116.37 M, operating margin of 81.91%, current ratio of 1.76. See
Correlation Analysis for additional portfolio context. Including Nuveen Select Maturities in a portfolio enables allocation and risk analysis. All figures are based on reported data and are informational in nature. Broader economic conditions can influence Nuveen Select Maturities's fund valuation — related indicators include
signals in gross domestic product.
Nuveen Select Maturities has current Variance of 0.3844. 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 |
| = | 0.3844 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
Variance Peers Comparison
Variance Relative To Other Indicators
Nuveen Select Maturities is rated
below average in variance compared to similar funds. It is currently under evaluation in maximum drawdown compared to similar funds producing
7.36 in Maximum Drawdown for each unit of Variance. The spread between Maximum Drawdown and Variance for Nuveen Select Maturities sits at
7.36 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.
Compare Nuveen Select to Peers
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