Nuveen Preferred Income Fund Price on September 1, 2023
| JPC Fund | USD 8.08 0.05 0.62% |
Below is the normalized historical share price chart for Nuveen Preferred Income extending back to March 27, 2003. 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 Preferred stands at 8.08, as last reported on the 30th of November, with the highest price reaching 8.08 and the lowest price hitting 8.05 during the day.
If you're considering investing in Nuveen Fund, it is important to understand the factors that can impact its price. At this point, Nuveen Preferred is very steady. Nuveen Preferred Income has Sharpe Ratio of 0.15, which conveys that the entity had a 0.15% return per unit of risk over the last 3 months. We have found thirty technical indicators for Nuveen Preferred, which you can use to evaluate the volatility of the fund. Please verify Nuveen Preferred's Risk Adjusted Performance of 0.1055, downside deviation of 0.6018, and Mean Deviation of 0.433 to check out if the risk estimate we provide is consistent with the expected return of 0.0886%.
Nuveen Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Nuveen |
Sharpe Ratio = 0.1496
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | JPC | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.59 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Nuveen Preferred is performing at about 11% 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 Preferred by adding it to a well-diversified portfolio.
Market Capitalization 859.5 M |
Nuveen Preferred Valuation on September 1, 2023
It is possible to determine the worth of Nuveen Preferred on a given historical date. On September 1, 2023 Nuveen was worth 5.86 at the beginning of the trading date compared to the closed value of 5.82. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nuveen Preferred fund. Still, in general, we apply an absolute valuation method to find Nuveen Preferred'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 Preferred where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nuveen Preferred's related companies.
| Open | High | Low | Close | Volume | |
| 5.87 | 5.87 | 5.81 | 5.82 | 279,449 | |
09/01/2023 | 5.86 | 5.88 | 5.81 | 5.82 | 249,648 |
| 5.80 | 5.84 | 5.77 | 5.84 | 318,157 |
| Backtest Nuveen Preferred | | | Nuveen Preferred History | | | Nuveen Preferred Valuation | Previous | Next |
Nuveen Preferred Trading Date Momentum on September 1, 2023
| On September 05 2023 Nuveen Preferred Income was traded for 5.84 at the closing time. Highest Nuveen Preferred's price during the trading hours was 5.84 and the lowest price during the day was 5.77 . The net volume was 318.2 K. The overall trading history on the 5th of September contributed to the next trading period price growth. The trading delta at closing time to the next next day price was 0.34% . The trading delta at closing time to current price is 0.52% . |
Nuveen Preferred Income Fundamentals Correlations and Trends
By evaluating Nuveen Preferred'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 Preferred'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 Preferred Fund history
Nuveen Preferred 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 Preferred Income 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 Preferred stock prices may prove useful in developing a viable investing in Nuveen Preferred
Nuveen Preferred Income Opportunities Fund is a closed ended balanced mutual fund launched by Nuveen Investments Inc. The fund is co-managed by Nuveen Fund Advisors LLC, Nuveen Asset Management, LLC, and NWQ Investment Management Company, LLC. It invests in the public equity and fixed income markets of the United States. The fund seeks to invest in securities of companies operating across diversified sectors. It primarily invests in preferred securities, dividend paying stocks of companies, and corporate and taxable municipal debt securities which are rated BBBBaa or better by SP, Moodys, or Fitch. The fund employs fundamental analysis with a top-down stock picking approach to create its portfolio. It benchmarks the performance of its portfolio against the BofAMerrill Lynch Preferred Stock Fixed Rate Index and the JPC Blended Index which is comprised of 82.5 percent BofAMerrill Lynch Preferred Stock Fixed Rate Index and 17.5 percent Barclays Capital Securities Index. The fund was formerly known as Nuveen Preferred Income Opportunities Fund. Nuveen Preferred Income Opportunities Fund was formed on March 26, 2003 and is domiciled in the United States.
Nuveen Preferred Fund Technical Analysis
Nuveen Preferred 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 Preferred Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Nuveen Preferred Income 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 Preferred November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Nuveen Preferred 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 Preferred shares will generate the highest return on investment. By undertsting and applying Nuveen Preferred fund market strength indicators, traders can identify Nuveen Preferred Income entry and exit signals to maximize returns
Nuveen Preferred Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nuveen Preferred'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 | 0.1055 | |||
| Jensen Alpha | 0.0526 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.09) | |||
| Treynor Ratio | 0.4628 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Nuveen Fund
Nuveen Preferred 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 Preferred security.
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities |