Nuveen Dynamic Municipal Stock Price on February 3, 2023
NDMO Stock | USD 10.58 0.02 0.19% |
Below is the normalized historical share price chart for Nuveen Dynamic Municipal extending back to August 27, 2020. 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 Dynamic stands at 10.58, as last reported on the 27th of November, with the highest price reaching 10.59 and the lowest price hitting 10.50 during the day.
If you're considering investing in Nuveen Stock, it is important to understand the factors that can impact its price. Nuveen Dynamic Municipal has Sharpe Ratio of -0.0067, which conveys that the firm had a -0.0067% return per unit of risk over the last 3 months. Nuveen Dynamic exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nuveen Dynamic's Mean Deviation of 0.4418, risk adjusted performance of (0.03), and Standard Deviation of 0.6053 to check out the risk estimate we provide.
At this time, Nuveen Dynamic's Total Stockholder Equity is very stable compared to the past year. As of the 27th of November 2024, Liabilities And Stockholders Equity is likely to grow to about 836.6 M, while Common Stock Shares Outstanding is likely to drop about 47.6 M. . At this time, Nuveen Dynamic's Price To Sales Ratio is very stable compared to the past year. As of the 27th of November 2024, Price Earnings Ratio is likely to grow to 32.60, while Price Book Value Ratio is likely to drop 0.55. Nuveen Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 27th of August 2020 | 200 Day MA 10.8659 | 50 Day MA 10.914 |
Nuveen |
Sharpe Ratio = -0.0067
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Estimated Market Risk
0.61 actual daily | 5 95% of assets are more volatile |
Expected Return
0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Nuveen Dynamic is not performing at its full potential. However, 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 Dynamic by adding Nuveen Dynamic to a well-diversified portfolio.
Price Book 0.9714 | Price Sales 17.2291 | Shares Outstanding 59.6 M | Market Capitalization 630.2 M | Shares Short Prior Month 32.3 K |
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Nuveen Dynamic Valuation on February 3, 2023
It is possible to determine the worth of Nuveen Dynamic on a given historical date. On February 3, 2023 Nuveen was worth 10.49 at the beginning of the trading date compared to the closed value of 10.56. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nuveen Dynamic stock. Still, in general, we apply an absolute valuation method to find Nuveen Dynamic'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 Dynamic where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nuveen Dynamic's related companies.
Open | High | Low | Close | Volume | |
10.29 | 10.73 | 10.27 | 10.54 | 460,900 | |
02/03/2023 | 10.49 | 10.62 | 10.40 | 10.56 | 263,300 |
10.52 | 10.55 | 10.11 | 10.51 | 322,000 |
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Nuveen Dynamic Trading Date Momentum on February 3, 2023
On February 06 2023 Nuveen Dynamic Municipal was traded for 10.51 at the closing time. The top price for the day was 10.55 and the lowest listed price was 10.11 . The trading volume for the day was 322 K. The trading history from February 6, 2023 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.47% . The trading delta at closing time against the current closing price is 0.76% . |
Nuveen Dynamic Municipal Fundamentals Correlations and Trends
By evaluating Nuveen Dynamic'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 Dynamic'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 Dynamic Stock history
Nuveen Dynamic 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 Dynamic Municipal 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 Dynamic stock prices may prove useful in developing a viable investing in Nuveen Dynamic
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 65.3 M | 47.6 M |
Nuveen Dynamic Stock Technical Analysis
Nuveen Dynamic technical stock 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, stock market cycles, or different charting patterns.
Price Boundaries
Nuveen Dynamic Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Nuveen Dynamic Municipal 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 Dynamic November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Nuveen Dynamic stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nuveen Dynamic shares will generate the highest return on investment. By undertsting and applying Nuveen Dynamic stock market strength indicators, traders can identify Nuveen Dynamic Municipal entry and exit signals to maximize returns
Nuveen Dynamic Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nuveen Dynamic's price direction in advance. Along with the technical and fundamental analysis of Nuveen Stock 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 | (0.03) | |||
Jensen Alpha | (0.03) | |||
Total Risk Alpha | (0.12) | |||
Treynor Ratio | 1.78 |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nuveen Dynamic Municipal. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nuveen Dynamic. If investors know Nuveen will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nuveen Dynamic listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.61 |
The market value of Nuveen Dynamic Municipal 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 Dynamic's value that differs from its market value or its book value, called intrinsic value, which is Nuveen Dynamic'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 Dynamic's market value can be influenced by many factors that don't directly affect Nuveen Dynamic'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 Dynamic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nuveen Dynamic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nuveen Dynamic'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.