Nuveen New Competition

Funds . USA . 
Fund . Nuveen New York
NRK Fund  USD 11.01  0.04  0.36%   
Nuveen New York competes with Blackrock Muniholdings, Nuveen New, Western Asset, Gabelli Multimedia, and MFS Investment; as well as few others. The fund is not categorized under any group at the present time. Analyzing Nuveen New competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Nuveen New to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Nuveen New Correlation with its peers.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Nuveen New competition on your existing holdings.
  
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Hype
Prediction
LowEstimatedHigh
10.5411.0111.48
Details
Intrinsic
Valuation
LowRealHigh
10.5110.9811.45
Details
Naive
Forecast
LowNextHigh
10.5311.0011.47
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Bollinger
Band Projection (param)
LowerMiddle BandUpper
10.8110.9111.01
Details

Nuveen New Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Nuveen New and its competitors represents the degree of relationship between the price movements of corresponding funds. A correlation of about +1.0 implies that the price of Nuveen and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Nuveen New York does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
FMN
+ 0.94
MMU
IHTA
+ 0.94
CBH
MVF
+ 0.91
MMU
MVF
+ 0.86
FMN
NAN
+ 0.83
MHN
GGT-PE
+ 0.79
MHN
  
High negative correlations   
FMN
- 0.7
CBH
FMN
- 0.68
IHTA
IHTA
- 0.65
MMU
CBH
- 0.64
MMU
MVF
- 0.49
IHTA
MVF
- 0.49
CBH

Risk-Adjusted Indicators

There is a big difference between Nuveen Fund performing well and Nuveen New Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Nuveen New's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Mean DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
MHN  0.37  0.00 (0.14) 0.16  0.63 
(0.33)
 0.75 
(1.03)
 2.69 
NAN  0.38  0.03 (0.17) 1.50  0.42 
(0.42)
 0.78 
(0.77)
 2.12 
MMU  0.38 (0.02) 0.00 (2.01) 0.00 
 0.00 
 0.76 
(0.87)
 2.06 
GGT-PE  0.46  0.03 (0.08) 0.43  0.61 
(0.68)
 1.44 
(0.99)
 5.53 
CXH  0.33  0.02 (0.22)(0.04) 0.42 
(0.35)
 0.62 
(0.74)
 2.10 
CBH  0.13  0.04 (0.40)(1.71) 0.00 
(0.18)
 0.22 
(0.22)
 0.78 
IHTA  0.24  0.05 (0.12) 2.51  0.25 
(0.30)
 0.68 
(0.27)
 2.03 
EOT  0.36  0.01 (0.23)(0.44) 0.41 
(0.43)
 0.86 
(0.87)
 2.08 
FMN  0.49 (0.06) 0.00  0.57  0.00 
 0.00 
 1.07 
(1.49)
 5.10 
MVF  0.49 (0.01) 0.00 (7.58) 0.00 
 0.00 
 0.83 
(1.09)
 2.81 
All Fundamental Data

Nuveen New Competitive Analysis

The better you understand Nuveen New competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Nuveen New's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Nuveen New's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
NRK MHN NAN MMU GGT-PE CXH CBH IHTA EOT FMN
 0.36 
 11.01 
Nuveen
 1.12 
 10.86 
Blackrock
 0.09 
 11.57 
Nuveen
 1.63 
 10.63 
Western
 0.17 
 23.18 
Gabelli
 1.23 
 8.21 
MFS
 93.04 
 17.74 
CBH
 0.13 
 7.54 
Invesco
 0.46 
 17.30 
Eaton
 0.98 
 11.29 
Federated
Market Volatility
(90 Days Market Risk)
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Out of control
Very steady
Very steady
Very steady
Market Performance
(90 Days Performance)
Weak
Modest
OK
Very Weak
Modest
Modest
Excellent
OK
Weak
Very Weak
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Low
Low
Low
Low
Very Low
Low
Low
About Average
Low
Current Valuation
(Equity Enterprise Value)
Fairly Valued
Fairly Valued
Fairly Valued
Fairly Valued
Fairly Valued
Over Valued
Over Valued
Fairly Valued
Fairly Valued
Over Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Cautious Hold
Cautious Hold
Cautious Hold
Cautious Hold
Cautious Hold
Hold
Not Rated
Strong Hold
Hold
Strong Sell
Current Ratio
0.74
0.21
0.55
1.18
N/A
1.92
N/A
N/A
N/A
4.07
Net Asset
N/A
N/A
N/A
N/A
327.53 M
114.47 M
N/A
N/A
333.19 M
N/A
Profit Margin
-10.01
-281.1
-7.27
-231.16
N/A
0.29
N/A
N/A
N/A
-225.75
EBITDA
N/A
N/A
N/A
N/A
N/A
1.57 M
N/A
N/A
14.56 M
N/A
Price To Book
0.71
0.68
0.72
0.74
N/A
0.96
N/A
N/A
0.93
0.71
Operating Margin
72.94
83.69
78.12
74.3
N/A
0.84
N/A
N/A
N/A
82.53
Current Valuation
1.58 B
578.01 M
561.73 M
662.3 M
N/A
111.25 M
N/A
N/A
N/A
226.25 M
Five Year Return
-0.16
-0.3
-0.0829
0.6
N/A
4.75
5.41
-0.92
4.26
0.22
Retained Earnings
(2.78 M)
N/A
(10.21 M)
(15.24 M)
N/A
(9.58 M)
N/A
N/A
(9.51 M)
N/A
One Year Return
9.08
8.25
8.88
8.52
N/A
N/A
5.34
9.43
N/A
10.66
Beta
0.33
0.36
0.3
0.26
N/A
0.59
N/A
N/A
0.42
0.39
Shares Outstanding
87.24 M
31.13 M
30.85 M
43.37 M
N/A
8.2 M
18.26 M
8.78 M
15.62 M
11.5 M
Three Year Return
-3.13
-3.11
-2.91
-2.03
N/A
N/A
2.63
-3.01
N/A
-2.9
Cash Flow From Operations
68.41 M
42.66 M
22.41 M
21.36 M
N/A
11.84 M
N/A
N/A
11.08 M
8.68 M
Annual Yield
0.0048
0.0066
0.0049
0.0051
0.0397
0.0373
0.0046
0.0047
0.0503
0.0098
Total Debt
771.88 M
291.03 M
262.17 M
222.68 M
N/A
43.77 M
N/A
N/A
40.7 M
113.6 M
Return On Equity
-0.55
-1.03
-0.39
-10.85
N/A
0.0216
N/A
N/A
-4.49
-13.35
Return On Asset
1.53
1.73
1.66
1.57
N/A
0.0225
N/A
N/A
N/A
1.8
Number Of Shares Shorted
21.43 K
7.08 K
9.12 K
44.55 K
N/A
53.09 K
1.4 K
4.07 K
36.5 K
4.46 K
Book Value Per Share
14.78
14.92
15.28
13.83
N/A
8.46
N/A
N/A
N/A
15.49
Total Asset
78.1 M
N/A
189.94 M
763.96 M
327.53 M
114.47 M
N/A
N/A
333.19 M
N/A
Last Dividend Paid
0.49
0.44
0.51
0.47
0.32
0.28
0.55
0.4
N/A
0.49
Debt To Equity
0.62
0.66
0.58
0.4
N/A
0.62
N/A
N/A
N/A
0.75
Short Ratio
0.08
0.09
0.12
0.45
N/A
3.38
0.06
0.17
1.12
0.15
Shares Owned By Institutions
27.36
15.9
15.4
37.24
N/A
37.47
27.37
26.65
16.17
31.07
Market Capitalization
997.1 M
372.34 M
362.5 M
482.68 M
584.46 M
66.46 M
135.47 M
56.35 M
270.78 M
138.34 M
Price To Earning
54.51
60.83
72.11
18.15
N/A
14.99
6.39
24.68
N/A
14.54
Price To Sales
13.23
12.89
13.53
15.85
N/A
12.37
N/A
N/A
18.13
12.75
Net Income
(6.94 M)
(69.39 M)
(1.82 M)
(65.14 M)
N/A
1.57 M
N/A
N/A
14.56 M
(22.36 M)
Earnings Per Share
0.19
0.17
0.15
0.57
N/A
0.26
1.37
0.31
0.93
0.75
Shares Owned By Insiders
N/A
N/A
N/A
N/A
N/A
0.09
N/A
N/A
N/A
0.12
Year To Date Return
1.9
0.73
1.81
2.3
N/A
N/A
2.77
6.07
N/A
3.57
Revenue
69.36 M
24.69 M
24.98 M
28.15 M
N/A
1.86 M
N/A
N/A
10.21 M
9.9 M
Cash And Equivalents
12.96 M
55.77 K
2.01 M
410
N/A
1.98 K
N/A
N/A
N/A
142.11 K
Cash Per Share
0.15
N/A
0.06
N/A
N/A
N/A
N/A
N/A
N/A
0.01
Gross Profit
69.36 M
24.69 M
24.98 M
28.15 M
N/A
5.1 M
N/A
N/A
N/A
10.36 M
Day Typical Price
10.97
10.82
11.56
10.59
23.18
8.18
14.89
7.54
17.24
11.27
Accumulation Distribution
2364.25
753.09
2216.68
1803.38
N/A
353.64
0.48
0.0013
0.0104
233.46
Market Facilitation Index
0.0
0.0
0.0
0.0
N/A
0.0
8.55
0.01
0.18
0.0
Daily Balance Of Power
0.2857
1.090909
(0.06)
1.214286
(9,223,372,036,855)
1.111111
1.0
(1.00)
0.4444
1.0
Period Momentum Indicator
0.04
0.12
(0.01)
0.17
(0.04)
0.1
8.55
(0.01)
0.08
0.11
Rate Of Daily Change
1.0
1.01
1.0
1.02
1.0
1.01
1.93
1.0
1.0
1.01
Day Median Price
10.95
10.81
11.55
10.57
23.18
8.16
13.47
7.55
17.21
11.26
Price Action Indicator
0.08
0.11
0.015
0.15
(0.02)
0.095
8.55
(0.01)
0.13
0.09
Relative Strength Index
51.26
46.61
53.9
42.76
44.87
45.83
75.79
65.64
41.89
33.26
Coefficient Of Variation
4910.33
1753.12
1261.89
(6,505)
1386.5
2687.72
346.3
550.1
2515.74
(1,155)
Mean Deviation
0.3309
0.3683
0.3795
0.3781
0.4584
0.3256
0.1328
0.2384
0.3611
0.4929
Jensen Alpha
(0)
0.0045
0.026
(0.02)
0.0321
0.022
0.0396
0.0537
0.0112
(0.06)
Total Risk Alpha
(0.07)
(0.06)
(0.05)
(0.09)
(0.07)
(0.06)
0.0114
(0)
(0.07)
(0.19)
Sortino Ratio
(0.23)
(0.14)
(0.17)
N/A
(0.08)
(0.22)
(0.40)
(0.12)
(0.23)
N/A
Downside Variance
0.2681
0.555
0.2775
N/A
0.8878
0.2678
0.0426
0.2788
0.2315
N/A
Standard Deviation
0.4591
0.5231
0.4825
0.4875
0.7586
0.428
0.1628
0.3652
0.4734
0.7483
Kurtosis
1.15
1.68
(0.11)
0.2626
5.39
0.6718
0.0815
5.06
(0.09)
4.72
Potential Upside
0.8341
0.7463
0.7806
0.7597
1.44
0.6211
0.225
0.6821
0.8576
1.07
Treynor Ratio
(0.02)
0.1557
1.5
(2.01)
0.4283
(0.04)
(1.71)
2.51
(0.44)
0.5689
Maximum Drawdown
2.4
2.69
2.12
2.06
5.53
2.1
0.7835
2.03
2.08
5.1
Variance
0.2107
0.2736
0.2328
0.2377
0.5755
0.1832
0.0265
0.1334
0.2241
0.5599
Market Risk Adjusted Performance
(0.01)
0.1657
1.51
(2.00)
0.4383
(0.03)
(1.70)
2.52
(0.43)
0.5789
Risk Adjusted Performance
0.0089
0.039
0.0547
(0.02)
0.0551
0.0206
0.1838
0.128
0.0242
(0.07)
Skewness
(0.36)
(0.94)
(0.08)
(0.38)
(0.43)
(0.51)
(0.51)
(1.06)
(0.02)
0.4699
Semi Deviation
0.4508
0.6251
0.4211
N/A
0.614
0.4224
0.0
0.2495
0.4088
N/A
Information Ratio
(0.26)
(0.19)
(0.19)
(0.28)
(0.1)
(0.27)
(0.51)
(0.18)
(0.24)
(0.26)
Value At Risk
(0.91)
(1.03)
(0.77)
(0.87)
(0.99)
(0.74)
(0.22)
(0.27)
(0.87)
(1.49)
Expected Short fall
(0.36)
(0.33)
(0.42)
N/A
(0.68)
(0.35)
(0.18)
(0.30)
(0.43)
N/A
Downside Deviation
0.5177
0.745
0.5268
N/A
0.9423
0.5175
0.2065
0.528
0.4811
N/A
Semi Variance
0.2032
0.3907
0.1774
N/A
0.377
0.1784
(0.03)
0.0622
0.1671
N/A

Nuveen New Competition Performance Charts

Five steps to successful analysis of Nuveen New Competition

Nuveen New's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Nuveen New York in relation to its competition. Nuveen New's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Nuveen New in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Nuveen New's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Nuveen New York, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Nuveen New position

In addition to having Nuveen New in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Chemicals Makers Thematic Idea Now

Chemicals Makers
Chemicals Makers Theme
Companies developing chemicals for crops, soil as well as human, and animals. The Chemicals Makers theme has 46 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Chemicals Makers Theme or any other thematic opportunities.
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Other Information on Investing in Nuveen Fund

Nuveen New 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 New security.
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