Nuveen Preferred Financials
| JPI Etf | USD 20.26 0.16 0.78% |
Nuveen |
The data published in Nuveen Preferred's official financial statements typically reflect Nuveen Preferred's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Nuveen Preferred's quantitative information. For example, before you start analyzing numbers published by Nuveen accountants, it's essential to understand Nuveen Preferred's liquidity, profitability, and earnings quality within the context of the Financial Services space in which it operates.
Nuveen Preferred Etf Summary
Nuveen Preferred competes with Eaton Vance, Invesco High, Blackrock Muniholdings, Nuveen California, and MFS Investment. Nuveen Preferred and Income Term Fund is a close ended balanced mutual fund launched by Nuveen Investments, Inc. The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests into public equity and fixed income markets across the globe. The fund seeks to invest in stocks of companies that are operating in financial services sectors such as bank, insurance, REITs, and utility companies. It primarily invests in preferred securities and other income producing securities including debt securities, hybrid securities, and convertible securities. At least 60 percent of the funds assets are rated investment grade i.e. BBBBaa or better by one of the nationally recognized statistical rating organizations. It employs fundamental and quantitative analysis, with focus a on bottom-up fundamental credit research to create its portfolio. The fund benchmarks the performance of its portfolio against the Bank of AmericaMerrill Lynch Preferred Stock Fixed Rate Index. Nuveen Preferred and Income Term Fund was founded on July 26, 2012 and is domiciled in the United States.Specialization | null, Preferred Stock |
| Instrument | USA Etf View All |
| Exchange | New York Stock Exchange |
| ISIN | US67075A1060 |
| CUSIP | 67075A106 |
| Region | Others |
| Investment Issuer | Others |
| Location | Illinois; U.S.A |
| Business Address | 333 West Wacker |
| Etf Family | Financial Services |
| Fund Category | Others |
| Portfolio Concentration | Others |
| Benchmark | Dow Jones Industrial |
| Website | www.nuveen.com/cef/product/overview.aspx?fundcode=jpi |
| Phone | 312 917 7700 |
| Currency | USD - US Dollar |
Nuveen Preferred Key Financial Ratios
Nuveen Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Nuveen Preferred's current stock value. Our valuation model uses many indicators to compare Nuveen Preferred value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nuveen Preferred competition to find correlations between indicators driving Nuveen Preferred's intrinsic value. More Info.Nuveen Preferred and is rated fourth overall ETF in price to earning as compared to similar ETFs. It is considered the top ETF in beta as compared to similar ETFs totaling about 0.03 of Beta per Price To Earning. The ratio of Price To Earning to Beta for Nuveen Preferred and is roughly 31.04 . 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 Preferred's earnings, one of the primary drivers of an investment's value.Nuveen Preferred Systematic Risk
Nuveen Preferred's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Nuveen Preferred volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Nuveen Preferred correlated with the market. If Beta is less than 0 Nuveen Preferred generally moves in the opposite direction as compared to the market. If Nuveen Preferred Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Nuveen Preferred is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Nuveen Preferred is generally in the same direction as the market. If Beta > 1 Nuveen Preferred moves generally in the same direction as, but more than the movement of the benchmark.
About Nuveen Preferred Financials
What exactly are Nuveen Preferred Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Nuveen Preferred's income statement, its balance sheet, and the statement of cash flows. Potential Nuveen Preferred investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Nuveen Preferred investors may use each financial statement separately, they are all related. The changes in Nuveen Preferred's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Nuveen Preferred's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.Nuveen Preferred November 29, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Nuveen Preferred help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Nuveen Preferred and. We use our internally-developed statistical techniques to arrive at the intrinsic value of Nuveen Preferred and based on widely used predictive technical indicators. In general, we focus on analyzing Nuveen Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Nuveen Preferred's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.6502 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 3.08 | |||
| Value At Risk | (1.04) | |||
| Potential Upside | 1.1 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Nuveen Preferred and. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
The market value of Nuveen Preferred is measured differently than its book value, which is the value of Nuveen that is recorded on the company's balance sheet. Investors also form their own opinion of Nuveen Preferred's value that differs from its market value or its book value, called intrinsic value, which is Nuveen Preferred's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nuveen Preferred's market value can be influenced by many factors that don't directly affect Nuveen Preferred's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nuveen Preferred's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nuveen Preferred is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nuveen Preferred's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.