Nuveen Preferred And Etf Price on December 1, 2022
JPI Etf | USD 20.51 0.17 0.84% |
Below is the normalized historical share price chart for Nuveen Preferred and extending back to July 27, 2012. 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 20.51, as last reported on the 26th of November, with the highest price reaching 20.73 and the lowest price hitting 20.30 during the day.
If you're considering investing in Nuveen Etf, it is important to understand the factors that can impact its price. Nuveen Preferred is very steady at the moment. Nuveen Preferred 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 twenty-nine technical indicators for Nuveen Preferred, which you can use to evaluate the volatility of the etf. Please verify Nuveen Preferred's Mean Deviation of 0.5194, downside deviation of 0.6395, and Risk Adjusted Performance of 0.1403 to check out if the risk estimate we provide is consistent with the expected return of 0.11%.
Nuveen Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Nuveen |
Sharpe Ratio = 0.1704
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Estimated Market Risk
0.66 actual daily | 5 95% of assets are more volatile |
Expected Return
0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Nuveen Preferred 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 Preferred by adding it to a well-diversified portfolio.
Market Capitalization 487.3 M |
Nuveen Preferred Main Headline on 1st of December 2022
Nuveen Preferred dividend paid on 1st of December 2022 |
Nuveen Preferred Valuation on December 1, 2022
It is possible to determine the worth of Nuveen Preferred on a given historical date. On December 1, 2022 Nuveen was worth 17.0 at the beginning of the trading date compared to the closed value of 16.87. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nuveen Preferred etf. 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 | |
16.69 | 16.80 | 16.58 | 16.79 | 48,043 | |
12/01/2022 | 17.00 | 17.04 | 16.69 | 16.87 | 85,234 |
16.73 | 16.79 | 16.53 | 16.54 | 46,499 |
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Nuveen Preferred Trading Date Momentum on December 1, 2022
On December 02 2022 Nuveen Preferred and was traded for 16.54 at the closing time. Highest Nuveen Preferred's price during the trading hours was 16.79 and the lowest price during the day was 16.53 . The net volume was 46.5 K. The overall trading history on the 2nd of December contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 1.96% . The trading delta at closing time to current price is 1.90% . |
Nuveen Preferred 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 Etf 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 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 and Income Term Fund is a close ended balanced mutual fund launched by Nuveen Investments, Inc. The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests into public equity and fixed income markets across the globe. The fund seeks to invest in stocks of companies that are operating in financial services sectors such as bank, insurance, REITs, and utility companies. It primarily invests in preferred securities and other income producing securities including debt securities, hybrid securities, and convertible securities. At least 60 percent of the funds assets are rated investment grade i.e. BBBBaa or better by one of the nationally recognized statistical rating organizations. It employs fundamental and quantitative analysis, with focus a on bottom-up fundamental credit research to create its portfolio. The fund benchmarks the performance of its portfolio against the Bank of AmericaMerrill Lynch Preferred Stock Fixed Rate Index. Nuveen Preferred and Income Term Fund was founded on July 26, 2012 and is domiciled in the United States.
Nuveen Preferred Etf Technical Analysis
Nuveen Preferred technical etf 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, etf market cycles, or different charting patterns.
Price Boundaries
Nuveen Preferred Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Nuveen Preferred and 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 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Nuveen Preferred etf 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 etf market strength indicators, traders can identify Nuveen Preferred and 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 Etf 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 | 0.1403 | |||
Jensen Alpha | 0.1118 | |||
Total Risk Alpha | 0.01 | |||
Sortino Ratio | (0.01) | |||
Treynor Ratio | (23.67) |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Nuveen Preferred and. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
The market value of Nuveen Preferred 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 Preferred's value that differs from its market value or its book value, called intrinsic value, which is Nuveen Preferred'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 Preferred's market value can be influenced by many factors that don't directly affect Nuveen Preferred'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 Preferred's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nuveen Preferred is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nuveen Preferred'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.