Nuveen Arizona Quality Fund Price on September 27, 2024
| NAZ Fund | USD 12.28 0.07 0.57% |
Below is the normalized historical share price chart for Nuveen Arizona Quality extending back to November 19, 1992. 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 Arizona stands at 12.28, as last reported on the 30th of November, with the highest price reaching 12.30 and the lowest price hitting 12.24 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 stage we consider Nuveen Fund to be very steady. Nuveen Arizona Quality has Sharpe Ratio of 0.14, which conveys that the entity had a 0.14% return per unit of risk over the last 3 months. We have found thirty technical indicators for Nuveen Arizona, which you can use to evaluate the volatility of the fund. Please verify Nuveen Arizona's Risk Adjusted Performance of 0.1021, mean deviation of 0.487, and Downside Deviation of 0.5883 to check out if the risk estimate we provide is consistent with the expected return of 0.11%.
Nuveen Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Nuveen |
Sharpe Ratio = 0.1394
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Estimated Market Risk
| 0.78 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Nuveen Arizona is performing at about 10% 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 Arizona by adding it to a well-diversified portfolio.
Market Capitalization 146.7 M |
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Nuveen Arizona Valuation on September 27, 2024
It is possible to determine the worth of Nuveen Arizona on a given historical date. On September 27, 2024 Nuveen was worth 11.61 at the beginning of the trading date compared to the closed value of 11.62. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nuveen Arizona fund. Still, in general, we apply an absolute valuation method to find Nuveen Arizona'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 Arizona where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nuveen Arizona's related companies.
| Open | High | Low | Close | Volume | |
| 11.55 | 11.59 | 11.51 | 11.59 | 54,863 | |
09/27/2024 | 11.61 | 11.63 | 11.57 | 11.62 | 38,764 |
| 11.63 | 11.70 | 11.63 | 11.68 | 65,434 |
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Nuveen Arizona Trading Date Momentum on September 27, 2024
| On September 30 2024 Nuveen Arizona Quality was traded for 11.68 at the closing time. Highest Nuveen Arizona's price during the trading hours was 11.70 and the lowest price during the day was 11.63 . The net volume was 65.4 K. The overall trading history on the 30th of September contributed to the next trading period price jump. The trading delta at closing time to the next next day price was 0.52% . The trading delta at closing time to current price is 0.00% . |
Nuveen Arizona Quality Fundamentals Correlations and Trends
By evaluating Nuveen Arizona'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 Arizona'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 Arizona Fund history
Nuveen Arizona 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 Arizona Quality 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 Arizona stock prices may prove useful in developing a viable investing in Nuveen Arizona
Nuveen Arizona Quality Municipal Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc. The fund is managed by Nuveen Asset Management, LLC. It invests in the fixed income markets of Arizona. The fund invests in municipal securities and other related investments the income, exempt from regular federal and Arizona income taxes that are rated Baa or BBB or better and having an average maturity of 18.66 years. It employs fundamental analysis with bottom-up stock picking approach to create its portfolio. The fund benchmarks the performance of its portfolio against the Standard Poors Arizona Municipal Bond Index and Standard Poors National Municipal Bond Index. The fund was formerly known as Nuveen Arizona Premium Income Municipal Fund. Nuveen Arizona Quality Municipal Income Fund was formed on November 19, 1992 and is domiciled in the United States.
Nuveen Arizona Fund Technical Analysis
Nuveen Arizona 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 Arizona Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Nuveen Arizona Quality 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 Arizona November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Nuveen Arizona 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 Arizona shares will generate the highest return on investment. By undertsting and applying Nuveen Arizona fund market strength indicators, traders can identify Nuveen Arizona Quality entry and exit signals to maximize returns
Nuveen Arizona Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nuveen Arizona'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 | 0.1021 | |||
| Jensen Alpha | 0.093 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | (16.79) |
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Other Information on Investing in Nuveen Fund
Nuveen Arizona 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 Arizona security.
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities |