Nuveen Floating Rate Financials
JRODelisted Fund | USD 7.83 0.05 0.64% |
Nuveen |
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Nuveen Floating Fund Summary
Nuveen Floating competes with Nuveen Floating, Blackrock Muni, Eaton Vance, Blackrock Floating, and Nuveen Credit. Nuveen Floating Rate Income Opportunity Fund is a closed-ended fixed income mutual fund launched by Nuveen Investments, Inc. Nuveen Floating Rate Income Opportunity Fund was formed on April 27, 2004 and is domiciled in the United States. Nuveen Floating is traded on New York Stock Exchange in the United States.Instrument | USA Fund View All |
Exchange | New York Stock Exchange |
ISIN | US6706EN1001 |
Business Address | 333 West Wacker |
Fund Family | Financial Services |
Fund Category | Asset Management |
Benchmark | Dow Jones Industrial |
Website | www.nuveen.com/cef/product/overview.aspx?fundcode=jro |
Phone | 312 917 7700 |
Currency | USD - US Dollar |
Nuveen Floating Key Financial Ratios
Nuveen Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Nuveen Floating's current stock value. Our valuation model uses many indicators to compare Nuveen Floating value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nuveen Floating competition to find correlations between indicators driving Nuveen Floating's intrinsic value. More Info.Nuveen Floating Rate is rated below average in price to earning among similar funds. It is rated below average in price to book among similar funds fabricating about 0.09 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Nuveen Floating Rate is roughly 11.49 . 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 Floating's earnings, one of the primary drivers of an investment's value.Nuveen Floating Market Pulse
Quote | 7.83 |
Change(%) | 0.64 |
Change | 0.05 |
Open | 7.78 |
Low | 7.76 |
High | 7.84 |
Volume | 0 |
Exchange | NYSE |
Nuveen Floating November 22, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Nuveen Floating help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Nuveen Floating Rate. We use our internally-developed statistical techniques to arrive at the intrinsic value of Nuveen Floating Rate based on widely used predictive technical indicators. In general, we focus on analyzing Nuveen Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Nuveen Floating's daily price indicators and compare them against related drivers.
Downside Deviation | 0.8371 | |||
Information Ratio | (0.15) | |||
Maximum Drawdown | 2.86 | |||
Value At Risk | (1.17) | |||
Potential Upside | 0.9211 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any fund could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Other Consideration for investing in Nuveen Fund
If you are still planning to invest in Nuveen Floating Rate check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Nuveen Floating's history and understand the potential risks before investing.
Equity Valuation Check real value of public entities based on technical and fundamental data | |
Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum |