Nuveen ESG Financials
| NUBD Etf | USD 22.15 0.06 0.27% |
Net Expense Ratio 0.0016 | 3 y Sharp Ratio (0.80) |
Nuveen |
The data published in Nuveen ESG's official financial statements typically reflect Nuveen ESG'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 ESG's quantitative information. For example, before you start analyzing numbers published by Nuveen accountants, it's essential to understand Nuveen ESG's liquidity, profitability, and earnings quality within the context of the Nuveen space in which it operates.
Please note, the presentation of Nuveen ESG's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Nuveen ESG's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Nuveen ESG's management manipulating its earnings.
Nuveen ESG Etf Summary
Nuveen ESG competes with NuShares Enhanced, NuShares ETF, Nuveen ESG, Nuveen ESG, and Nuveen Enhanced. Under normal market conditions, the fund invests at least 80 percent of the sum of its net assets and the amount of any borrowings for investment purposes in component securities of the index. Nushares ESG is traded on NYSEARCA Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US67092P8703 |
| CUSIP | 67092P870 |
| Region | North America |
| Investment Issuer | Nuveen |
| Etf Family | Nuveen |
| Fund Category | Broad Debt |
| Portfolio Concentration | Investment Grade |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
Nuveen ESG Key Financial Ratios
Nuveen Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Nuveen ESG's current stock value. Our valuation model uses many indicators to compare Nuveen ESG value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nuveen ESG competition to find correlations between indicators driving Nuveen ESG's intrinsic value. More Info.Nuveen ESG Aggregate is rated number one ETF in beta as compared to similar ETFs. It also is rated number one ETF in one year return as compared to similar ETFs reporting about 7.45 of One Year Return per Beta. Comparative valuation analysis is a catch-all technique that is used if you cannot value Nuveen ESG by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Nuveen ESG Aggregate Systematic Risk
Nuveen ESG's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Nuveen ESG 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 fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Nuveen ESG Aggregate correlated with the market. If Beta is less than 0 Nuveen ESG generally moves in the opposite direction as compared to the market. If Nuveen ESG Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Nuveen ESG Aggregate is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Nuveen ESG is generally in the same direction as the market. If Beta > 1 Nuveen ESG moves generally in the same direction as, but more than the movement of the benchmark.
About Nuveen ESG Financials
What exactly are Nuveen ESG 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 ESG's income statement, its balance sheet, and the statement of cash flows. Potential Nuveen ESG investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Nuveen ESG investors may use each financial statement separately, they are all related. The changes in Nuveen ESG's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Nuveen ESG'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 ESG Thematic Clasifications
Nuveen ESG Aggregate is part of several thematic ideas from Broad Debt ETFs to Investment Grade ETFs. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasNuveen ESG November 27, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Nuveen ESG help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Nuveen ESG Aggregate. We use our internally-developed statistical techniques to arrive at the intrinsic value of Nuveen ESG Aggregate 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 ESG's daily price indicators and compare them against related drivers.
| Information Ratio | (0.53) | |||
| Maximum Drawdown | 1.31 | |||
| Value At Risk | (0.50) | |||
| Potential Upside | 0.4023 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nuveen ESG Aggregate. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
The market value of Nuveen ESG Aggregate 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 ESG's value that differs from its market value or its book value, called intrinsic value, which is Nuveen ESG'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 ESG's market value can be influenced by many factors that don't directly affect Nuveen ESG'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 ESG's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nuveen ESG is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nuveen ESG'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.