Nuveen Municipal Financials
| NMCO Fund | USD 11.10 0.09 0.82% |
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 Municipal Fund Summary
Nuveen Municipal competes with Munivest Fund, Blackrock Muniholdings, DWS Municipal, Blackrock Muniholdings, and Nuveen California. Nuveen Municipal is entity of United States. It is traded as Fund on NYSE exchange.Specialization | null, High Yield Muni |
| Instrument | USA Fund View All |
| Exchange | New York Stock Exchange |
| ISIN | US6706631032 |
| CUSIP | 670663103 |
| Location | Illinois; U.S.A |
| Business Address | 333 West Wacker |
| Fund Category | High Yield Muni |
| Benchmark | Dow Jones Industrial |
| Phone | 312 917 7700 |
| Currency | USD - US Dollar |
Nuveen Municipal Key Financial Ratios
Nuveen Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Nuveen Municipal's current stock value. Our valuation model uses many indicators to compare Nuveen Municipal value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nuveen Municipal competition to find correlations between indicators driving Nuveen Municipal's intrinsic value. More Info.Nuveen Municipal Credit is number one fund in price to earning among similar funds. It also is number one fund in price to book among similar funds fabricating about 0.25 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Nuveen Municipal Credit is roughly 3.93 . 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 Municipal's earnings, one of the primary drivers of an investment's value.Nuveen Municipal Credit Systematic Risk
Nuveen Municipal's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Nuveen Municipal 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 twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Nuveen Municipal Credit correlated with the market. If Beta is less than 0 Nuveen Municipal generally moves in the opposite direction as compared to the market. If Nuveen Municipal Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Nuveen Municipal Credit is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Nuveen Municipal is generally in the same direction as the market. If Beta > 1 Nuveen Municipal moves generally in the same direction as, but more than the movement of the benchmark.
Nuveen Municipal November 26, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Nuveen Municipal help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Nuveen Municipal Credit. We use our internally-developed statistical techniques to arrive at the intrinsic value of Nuveen Municipal Credit 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 Municipal's daily price indicators and compare them against related drivers.
| Information Ratio | (0.22) | |||
| Maximum Drawdown | 3.99 | |||
| Value At Risk | (1.35) | |||
| Potential Upside | 1.04 |
Other Information on Investing in Nuveen Fund
Nuveen Municipal 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 Municipal security.
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