Nuveen New Financials
| NMNJX Fund | USD 10.69 0.02 0.19% |
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 New Fund Summary
Nuveen New competes with Qs Us, Ab Value, Rbc Microcap, Materials Portfolio, and Abr 75/25. The fund invests at least 80 percent of its net assets in investment grade municipal bonds rated BBBBaa or higher at the time of purchase by at least one independent rating agency, or, if unrated, judged by the funds sub-adviser to be of comparable quality. The fund may invest up to 20 percent of its net assets in below investment grade municipal bonds, commonly referred to as high yield or junk bonds.Specialization | Muni New Jersey, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| ISIN | US67065N7205 |
| Business Address | CO Nuveen Investments |
| Mutual Fund Family | Nuveen |
| Mutual Fund Category | Muni New Jersey |
| Benchmark | Dow Jones Industrial |
| Phone | 800 257 8787 |
| Currency | USD - US Dollar |
Nuveen New Key Financial Ratios
Nuveen Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Nuveen New's current stock value. Our valuation model uses many indicators to compare Nuveen New value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nuveen New competition to find correlations between indicators driving Nuveen New's intrinsic value. More Info.Nuveen New Jersey is regarded second largest fund in annual yield among similar funds. It is number one fund in year to date return among similar funds creating about 383.71 of Year To Date Return per Annual Yield. 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 New's earnings, one of the primary drivers of an investment's value.Nuveen New Jersey Systematic Risk
Nuveen New's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Nuveen New 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.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Nuveen New Jersey correlated with the market. If Beta is less than 0 Nuveen New generally moves in the opposite direction as compared to the market. If Nuveen New Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Nuveen New Jersey is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Nuveen New is generally in the same direction as the market. If Beta > 1 Nuveen New moves generally in the same direction as, but more than the movement of the benchmark.
Nuveen New November 29, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Nuveen New help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Nuveen New Jersey. We use our internally-developed statistical techniques to arrive at the intrinsic value of Nuveen New Jersey based on widely used predictive technical indicators. In general, we focus on analyzing Nuveen Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Nuveen New's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.4435 | |||
| Information Ratio | (0.41) | |||
| Maximum Drawdown | 1.61 | |||
| Value At Risk | (0.46) | |||
| Potential Upside | 0.3731 |
Other Information on Investing in Nuveen Mutual Fund
Nuveen New financial ratios help investors to determine whether Nuveen Mutual 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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