Nuveen Municipal Credit Fund Price on December 18, 2023
| NMCO Fund | USD 11.32 0.11 0.98% |
Below is the normalized historical share price chart for Nuveen Municipal Credit extending back to September 17, 2019. 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 Municipal stands at 11.32, as last reported on the 29th of November, with the highest price reaching 11.32 and the lowest price hitting 11.25 during the day.
If you're considering investing in Nuveen Fund, it is important to understand the factors that can impact its price. Nuveen Municipal Credit has Sharpe Ratio of -0.0058, which conveys that the entity had a -0.0058% return per unit of risk over the last 3 months. Nuveen Municipal exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nuveen Municipal's Mean Deviation of 0.5492, standard deviation of 0.7317, and insignificant Risk Adjusted Performance 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 = -0.0058
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | NMCO |
Estimated Market Risk
| 0.75 actual daily | 6 94% 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 Municipal 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 Municipal by adding Nuveen Municipal to a well-diversified portfolio.
Nuveen Municipal Valuation on December 18, 2023
It is possible to determine the worth of Nuveen Municipal on a given historical date. On December 18, 2023 Nuveen was worth 9.51 at the beginning of the trading date compared to the closed value of 9.52. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nuveen Municipal fund. Still, in general, we apply an absolute valuation method to find Nuveen Municipal'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 Municipal where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nuveen Municipal's related companies.
| Open | High | Low | Close | Volume | |
| 9.69 | 9.71 | 9.54 | 9.58 | 559,200 | |
12/18/2023 | 9.51 | 9.59 | 9.46 | 9.52 | 648,300 |
| 9.53 | 9.55 | 9.45 | 9.47 | 635,000 |
| Backtest Nuveen Municipal | | | Nuveen Municipal History | | | Nuveen Municipal Valuation | Previous | Next |
Nuveen Municipal Trading Date Momentum on December 18, 2023
| On December 19 2023 Nuveen Municipal Credit was traded for 9.47 at the closing time. The top price for the day was 9.55 and the lowest listed price was 9.45 . The trading volume for the day was 635 K. The trading history from December 19, 2023 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.53% . The trading delta at closing time against the current closing price is 1.26% . |
Nuveen Municipal Credit Fundamentals Correlations and Trends
By evaluating Nuveen Municipal'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 Municipal'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 Municipal Fund history
Nuveen Municipal 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 Municipal Credit 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 Municipal stock prices may prove useful in developing a viable investing in Nuveen Municipal
Nuveen Municipal Fund Technical Analysis
Nuveen Municipal 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 Municipal Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Nuveen Municipal Credit 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 Municipal November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Nuveen Municipal 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 Municipal shares will generate the highest return on investment. By undertsting and applying Nuveen Municipal fund market strength indicators, traders can identify Nuveen Municipal Credit entry and exit signals to maximize returns
Nuveen Municipal Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nuveen Municipal'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) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.12) | |||
| Treynor Ratio | 1.01 |
| 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 Municipal 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 Municipal security.
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing |