Nuveen California Select Stock Alpha and Beta Analysis
| NXC Stock | USD 13.42 0.12 0.90% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Nuveen California Select. It also helps investors analyze the systematic and unsystematic risks associated with investing in Nuveen California over a specified time horizon. Remember, high Nuveen California's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Nuveen California's market risk premium analysis include:
Beta 0.0163 | Alpha (0.03) | Risk 0.58 | Sharpe Ratio (0.04) | Expected Return (0.02) |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Nuveen |
Nuveen California Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Nuveen California market risk premium is the additional return an investor will receive from holding Nuveen California long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Nuveen California. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Nuveen California's performance over market.| α | -0.03 | β | 0.02 |
Nuveen California expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Nuveen California's Buy-and-hold return. Our buy-and-hold chart shows how Nuveen California performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Nuveen California Market Price Analysis
Market price analysis indicators help investors to evaluate how Nuveen California stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nuveen California shares will generate the highest return on investment. By understating and applying Nuveen California stock market price indicators, traders can identify Nuveen California position entry and exit signals to maximize returns.
Nuveen California Return and Market Media
The median price of Nuveen California for the period between Tue, Aug 27, 2024 and Mon, Nov 25, 2024 is 13.73 with a coefficient of variation of 1.53. The daily time series for the period is distributed with a sample standard deviation of 0.21, arithmetic mean of 13.71, and mean deviation of 0.18. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
| Nuveen California dividend paid on 3rd of September 2024 | 09/03/2024 |
1 | NXC stock touches 52-week high at 14.05 amid market optimism - Investing.com | 09/09/2024 |
| Nuveen California dividend paid on 13th of September 2024 | 09/13/2024 |
2 | NXC stock touches 52-week high at 14.18 amid market rally - Investing.com | 09/27/2024 |
| Nuveen California dividend paid on 1st of October 2024 | 10/01/2024 |
3 | Nuveen California Select Tax-Free Income Portfolio to Issue Dividend of 0.05 | 10/14/2024 |
| Nuveen California dividend paid on 1st of November 2024 | 11/01/2024 |
4 | Trend Tracker for - Stock Traders Daily | 11/14/2024 |
About Nuveen California Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Nuveen or other stocks. Alpha measures the amount that position in Nuveen California Select has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2023 | 2024 (projected) | Payables Turnover | 2.8 | 2.79 | Days Of Inventory On Hand | 1.2K | 1.1K |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Nuveen California in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Nuveen California's short interest history, or implied volatility extrapolated from Nuveen California options trading.
Build Portfolio with Nuveen California
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Check out Nuveen California Backtesting, Nuveen California Valuation, Nuveen California Correlation, Nuveen California Hype Analysis, Nuveen California Volatility, Nuveen California History and analyze Nuveen California Performance. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Nuveen California technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.