Nuveen Floating Rate Fund Price on June 2, 2024
| JFR Fund | USD 8.99 0.04 0.45% |
Below is the normalized historical share price chart for Nuveen Floating Rate extending back to March 26, 2004. 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 Floating stands at 8.99, as last reported on the 25th of November, with the highest price reaching 8.99 and the lowest price hitting 8.96 during the day.
If you're considering investing in Nuveen Fund, it is important to understand the factors that can impact its price. Currently, Nuveen Floating Rate is very steady. Nuveen Floating Rate has Sharpe Ratio of 0.17, which conveys that the entity had a 0.17% return per unit of risk over the last 3 months. We have found thirty technical indicators for Nuveen Floating, which you can use to evaluate the volatility of the fund. Please verify Nuveen Floating's Downside Deviation of 0.5208, mean deviation of 0.412, and Risk Adjusted Performance of 0.1087 to check out if the risk estimate we provide is consistent with the expected return of 0.0908%.
Nuveen Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Nuveen |
Sharpe Ratio = 0.1733
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Estimated Market Risk
| 0.52 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Nuveen Floating is performing at about 13% of its full potential. 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 Floating by adding it to a well-diversified portfolio.
Market Capitalization 564.1 M |
Nuveen Floating Valuation on June 2, 2024
It is possible to determine the worth of Nuveen Floating on a given historical date. On June 2, 2024 Nuveen was worth 8.23 at the beginning of the trading date compared to the closed value of 8.22. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nuveen Floating fund. Still, in general, we apply an absolute valuation method to find Nuveen Floating'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 Floating where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nuveen Floating's related companies.
| Open | High | Low | Close | Volume | |
| 8.21 | 8.26 | 8.18 | 8.19 | 742,147 | |
05/31/2024 | 8.23 | 8.28 | 8.17 | 8.22 | 582,386 |
| 8.26 | 8.26 | 8.18 | 8.25 | 604,622 |
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Nuveen Floating Trading Date Momentum on June 2, 2024
| On June 03 2024 Nuveen Floating Rate was traded for 8.25 at the closing time. Highest Nuveen Floating's price during the trading hours was 8.26 and the lowest price during the day was 8.18 . The net volume was 604.6 K. The overall trading history on the 3rd of June contributed to the next trading period price gain. The trading delta at closing time to the next next day price was 0.36% . The trading delta at closing time to current price is 0.73% . |
Nuveen Floating Rate Fundamentals Correlations and Trends
By evaluating Nuveen Floating'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 Floating'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 Floating Fund history
Nuveen Floating 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 Floating Rate 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 Floating stock prices may prove useful in developing a viable investing in Nuveen Floating
Nuveen Floating Rate Income Fund is a close ended fixed income mutual fund launched by Nuveen Investments, Inc. It is co-managed by Nuveen Fund Advisors LLC and Symphony Asset Management LLC. The fund invests in fixed income markets of the United States. It primarily invests in adjustable rate secured and unsecured senior loans. Nuveen Floating Rate Income Fund was formed on March 24, 2004 and is domiciled in the United States.
Nuveen Floating Fund Technical Analysis
Nuveen Floating technical 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 Floating Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
Nuveen Floating Rate cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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 Floating November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Nuveen Floating 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 Floating shares will generate the highest return on investment. By undertsting and applying Nuveen Floating fund market strength indicators, traders can identify Nuveen Floating Rate entry and exit signals to maximize returns
Nuveen Floating Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nuveen Floating's price direction in advance. Along with the technical and fundamental analysis of Nuveen 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 | 0.1087 | |||
| Jensen Alpha | 0.0644 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.10) | |||
| Treynor Ratio | 2.74 |
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Other Information on Investing in Nuveen Fund
Nuveen Floating 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 Floating security.
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