Nuveen Louisiana Municipal Fund Price on October 16, 2023
| FAFLX Fund | USD 10.56 0.02 0.19% |
Below is the normalized historical share price chart for Nuveen Louisiana Municipal extending back to February 11, 2014. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Nuveen Louisiana stands at 10.56, as last reported on the 25th of November, with the highest price reaching 10.56 and the lowest price hitting 10.56 during the day.
If you're considering investing in Nuveen Mutual Fund, it is important to understand the factors that can impact its price. Nuveen Louisiana Mun has Sharpe Ratio of -0.0657, which conveys that the entity had a -0.0657% return per unit of risk over the last 3 months. Nuveen Louisiana exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nuveen Louisiana's Standard Deviation of 0.2384, mean deviation of 0.1473, and Risk Adjusted Performance of (0.07) to check out the risk estimate we provide.
Nuveen Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Nuveen |
Sharpe Ratio = -0.0657
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| Negative Returns | FAFLX |
Estimated Market Risk
| 0.24 actual daily | 2 98% of assets are more volatile |
Expected Return
| -0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Nuveen Louisiana is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Nuveen Louisiana by adding Nuveen Louisiana to a well-diversified portfolio.
Nuveen Louisiana Valuation on October 16, 2023
It is possible to determine the worth of Nuveen Louisiana on a given historical date. On October 16, 2023 Nuveen was worth 9.69 at the beginning of the trading date compared to the closed value of 9.69. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nuveen Louisiana mutual fund. Still, in general, we apply an absolute valuation method to find Nuveen Louisiana's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Nuveen Louisiana where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nuveen Louisiana's related companies.
| Open | High | Low | Close | Volume | |
| 9.74 | 9.74 | 9.74 | 9.74 | 1.00 | |
10/16/2023 | 9.69 | 9.69 | 9.69 | 9.69 | 1.00 |
| 9.60 | 9.60 | 9.60 | 9.60 | 1.00 |
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Nuveen Louisiana Trading Date Momentum on October 16, 2023
| On October 17 2023 Nuveen Louisiana Municipal was traded for 9.60 at the closing time. The highest daily price throughout the period was 9.60 and the lowest price was 9.60 . There was no trading activity during the period 1.0. Lack of trading volume on 10/17/2023 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.93% . The trading delta at closing time to current closing price is 1.96% . |
Nuveen Louisiana Mun Fundamentals Correlations and Trends
By evaluating Nuveen Louisiana's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Nuveen Louisiana's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nuveen financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Nuveen Louisiana Mutual Fund history
Nuveen Louisiana investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Nuveen is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nuveen Louisiana Mun will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Nuveen Louisiana stock prices may prove useful in developing a viable investing in Nuveen Louisiana
The fund normally 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.
Nuveen Louisiana Mutual Fund Technical Analysis
Nuveen Louisiana technical mutual fund 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, fund market cycles, or different charting patterns.
Price Boundaries
Nuveen Louisiana Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
Nuveen Louisiana Municipal cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Nuveen Louisiana November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Nuveen Louisiana mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nuveen Louisiana shares will generate the highest return on investment. By undertsting and applying Nuveen Louisiana mutual fund market strength indicators, traders can identify Nuveen Louisiana Municipal entry and exit signals to maximize returns
Nuveen Louisiana Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nuveen Louisiana's price direction in advance. Along with the technical and fundamental analysis of Nuveen Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nuveen to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.06) | |||
| Treynor Ratio | 0.2288 |
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Other Information on Investing in Nuveen Mutual Fund
Nuveen Louisiana 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 Louisiana security.
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