Nuveen California Amt Fund Price on December 1, 2022
| NKX Fund | USD 12.88 0.03 0.23% |
Below is the normalized historical share price chart for Nuveen California Amt extending back to November 22, 2002. 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 12.88, as last reported on the 29th of November, with the highest price reaching 12.91 and the lowest price hitting 12.82 during the day.
If you're considering investing in Nuveen Fund, it is important to understand the factors that can impact its price. Nuveen California Amt has Sharpe Ratio of -0.0432, which conveys that the entity had a -0.0432% return per unit of risk over the last 3 months. Nuveen California exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nuveen California's Risk Adjusted Performance of (0.03), mean deviation of 0.5438, and Standard Deviation of 0.7876 to check out the risk estimate we provide.
Nuveen Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Nuveen |
Sharpe Ratio = -0.0432
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | NKX |
Estimated Market Risk
| 0.8 actual daily | 7 93% of assets are more volatile |
Expected Return
| -0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Nuveen California 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 California by adding Nuveen California to a well-diversified portfolio.
Market Capitalization 621.1 M |
Nuveen California Main Headline on 1st of December 2022
Nuveen California Amt dividend paid on 1st of December 2022 |
Nuveen California Valuation on December 1, 2022
It is possible to determine the worth of Nuveen California on a given historical date. On December 1, 2022 Nuveen was worth 11.19 at the beginning of the trading date compared to the closed value of 10.88. 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 | |
| 10.95 | 11.12 | 10.95 | 11.10 | 325,125 | |
12/01/2022 | 11.19 | 11.19 | 10.84 | 10.88 | 294,698 |
| 10.88 | 10.90 | 10.75 | 10.87 | 167,286 |
| Backtest Nuveen California | | | Nuveen California History | | | Nuveen California Valuation | Previous | Next |
Nuveen California Trading Date Momentum on December 1, 2022
| On December 02 2022 Nuveen California Amt was traded for 10.87 at the closing time. Highest Nuveen California's price during the trading hours was 10.90 and the lowest price during the day was 10.75 . The net volume was 167.3 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 0.09% . The trading delta at closing time to current price is 0.74% . |
Nuveen California Amt 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 Amt 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 AMT-Free Quality Municipal Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc. The fund is co-managed by Nuveen Asset Management, LLC and Nuveen Fund Advisors LLC. It invests in the fixed income markets of California, United States. The fund primarily invests in undervalued municipal securities and other related investments the income which are exempt from regular federal and California income taxes and are rated Baa, BBB or higher with an average maturity of 20.17 years. It employs fundamental analysis with a bottom-up approach to create its portfolio. The fund benchmarks the performance of its portfolio against the Standard Poors California Municipal Bond Index and the SP National Municipal Bond Index. It was formerly known as Nuveen California AMT-Free Municipal Income Fund. Nuveen California AMT-Free Quality Municipal Income Fund was formed on November 21, 2002 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 29, 2024
| High |
0.00 | 0.00 |
Nuveen California Amt 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 29, 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 Amt 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 | (0.03) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.16) | |||
| Treynor Ratio | 1.91 |
| 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 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.
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets |