Nuveen Growth Market Risk Adjusted Performance
| NUGO ETF | | | USD 35.03 -1.55 -4.24% |
Observed values used in the Market Risk Adjusted Performance indicator for Nuveen Growth Opportunities are included in this dataset. Market data gaps can influence the computed indicator values. Portfolio design and allocation context appear in
Correlation Analysis. Portfolio balance depends on how holdings are weighted relative to each other. Nuveen Growth Opportunities can be tracked within a custom portfolio for ongoing monitoring. Allocation tools help determine appropriate position sizing. Broader economic conditions can influence Nuveen Growth Opportunities's ETF valuation — related indicators include
signals in census.
Nuveen Growth Opportunities has current Market Risk Adjusted Performance of 0.2433.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | 0.2433 | |
| ER[a] | = | Expected return on investing in Nuveen Growth |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
| BETA | = | Beta of the asset with market or selected benchmark. |
Market Risk Adjusted Performance Peers Comparison
Market Risk Adjusted Performance Relative To Other Indicators
Nuveen Growth Opportunities takes the leading position in market risk adjusted performance against similar ETFs. It is currently under evaluation in maximum drawdown against similar ETFs producing
18.42 in Maximum Drawdown for each unit of Market Risk Adjusted Performance. The spread between Maximum Drawdown and Market Risk Adjusted Performance for Nuveen Growth Opportunities sits at
18.42 Other Technical Indicators