Nuveen California Dividend Fund Price on May 31, 2024
| NAC Fund | USD 11.51 0.10 0.88% |
Below is the normalized historical share price chart for Nuveen California Dividend extending back to May 26, 1999. 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 California stands at 11.51, as last reported on the 26th of November, with the highest price reaching 11.54 and the lowest price hitting 11.45 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 California is very steady. Nuveen California has Sharpe Ratio of 0.0163, which conveys that the entity had a 0.0163% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Nuveen California, which you can use to evaluate the volatility of the fund. Please verify Nuveen California's Standard Deviation of 0.4824, risk adjusted performance of (0.01), and Mean Deviation of 0.3797 to check out if the risk estimate we provide is consistent with the expected return of 0.0081%.
Nuveen Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Nuveen |
Sharpe Ratio = 0.0163
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| Negative Returns | NAC |
Estimated Market Risk
| 0.5 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Nuveen California is performing at about 1% 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 California by adding it to a well-diversified portfolio.
Market Capitalization 1.8 B |
Nuveen California Valuation on May 31, 2024
It is possible to determine the worth of Nuveen California on a given historical date. On May 31, 2024 Nuveen was worth 10.47 at the beginning of the trading date compared to the closed value of 10.53. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nuveen California fund. Still, in general, we apply an absolute valuation method to find Nuveen California'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 California where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nuveen California's related companies.
| Open | High | Low | Close | Volume | |
| 10.49 | 10.53 | 10.45 | 10.45 | 166,769 | |
05/31/2024 | 10.47 | 10.55 | 10.47 | 10.53 | 223,225 |
| 10.58 | 10.62 | 10.52 | 10.61 | 303,902 |
| Backtest Nuveen California | | | Nuveen California History | | | Nuveen California Valuation | Previous | Next |
Nuveen California Trading Date Momentum on May 31, 2024
| On June 03 2024 Nuveen California Dividend was traded for 10.61 at the closing time. Highest Nuveen California's price during the trading hours was 10.62 and the lowest price during the day was 10.52 . The net volume was 303.9 K. The overall trading history on the 3rd of June contributed to the next trading period price growth. The trading delta at closing time to the next next day price was 0.76% . The trading delta at closing time to current price is 3.80% . |
Nuveen California Fundamentals Correlations and Trends
By evaluating Nuveen California'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 California'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 California Fund history
Nuveen California 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 California 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 California stock prices may prove useful in developing a viable investing in Nuveen California
Nuveen California Quality Municipal Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc. The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of California, United States. The fund invests in undervalued municipal securities and other related investments that are exempt from regular federal and California income taxes. It primarily invests in securities that are rated Baa or BBB or better by Moodys Investors Service, Inc. or Standard Poors, and have an average maturity of 20.96 years. The fund employs fundamental analysis with a bottom-up approach to create its portfolio. It benchmarks the performance of its portfolio against the Standard Poors California Municipal Bond Index and Standard Poors National Municipal Bond Index. The fund was formerly known as Nuveen California Dividend Advantage Municipal Fund. Nuveen California Quality Municipal Income Fund was formed on December 1, 1998 and is domiciled in the United States.
Nuveen California Fund Technical Analysis
Nuveen California 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 California Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Nuveen California Dividend 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 California November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Nuveen California 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 California shares will generate the highest return on investment. By undertsting and applying Nuveen California fund market strength indicators, traders can identify Nuveen California Dividend entry and exit signals to maximize returns
Nuveen California Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nuveen California'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 | (0.01) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.09) | |||
| Treynor Ratio | 0.3402 |
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Other Information on Investing in Nuveen Fund
Nuveen California 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 California security.
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