Nuveen Dow Financial Statements From 2010 to 2024
| DIAX Etf | USD 15.68 0.02 0.13% |
Market Capitalization 448 M |
Check Nuveen Dow financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nuveen Dow's main balance sheet or income statement drivers, such as , as well as many indicators such as . Nuveen financial statements analysis is a perfect complement when working with Nuveen Dow Valuation or Volatility modules.
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Nuveen Dow 30Sm ETF Beta Analysis
Nuveen Dow's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Nuveen Dow Beta | 0.96 |
Most of Nuveen Dow's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Nuveen Dow 30Sm is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
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In accordance with the recently published financial statements, Nuveen Dow 30Sm has a Beta of 0.96. This is much higher than that of the Financial Services family and significantly higher than that of the Asset Management category. The beta for all United States etfs is notably lower than that of the firm.
Nuveen Dow 30Sm Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Nuveen Dow's current stock value. Our valuation model uses many indicators to compare Nuveen Dow value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nuveen Dow competition to find correlations between indicators driving Nuveen Dow's intrinsic value. More Info.Nuveen Dow 30Sm is rated below average in price to earning as compared to similar ETFs. It is rated # 3 ETF in price to book as compared to similar ETFs fabricating about 0.16 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Nuveen Dow 30Sm is roughly 6.43 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Nuveen Dow's earnings, one of the primary drivers of an investment's value.About Nuveen Dow Financial Statements
Nuveen Dow investors use historical fundamental indicators, such as Nuveen Dow's revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Nuveen Dow. Please read more on our technical analysis and fundamental analysis pages.
Nuveen Dow 30 Dynamic Overwrite Fund is a closed-ended equity mutual fund launched by Nuveen Investments, Inc. The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in stocks of large cap companies. The fund also invests through call options. It seeks to replicate the performance of Dow Jones Industrial Average. The fund was formerly known as Dow 30 Premium Dividend Income Fund Inc. Nuveen Dow 30 Dynamic Overwrite Fund was formed on April 29, 2005 and is domiciled in the United States.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Nuveen Etf
Nuveen Dow financial ratios help investors to determine whether Nuveen Etf 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 Dow security.