Nuveen Massachusetts Quality Fund Price on December 2, 2022
| NMT Fund | USD 11.76 0.08 0.68% |
Below is the normalized historical share price chart for Nuveen Massachusetts Quality extending back to March 18, 1993. 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 Massachusetts stands at 11.76, as last reported on the 29th of November, with the highest price reaching 11.80 and the lowest price hitting 11.59 during the day.
If you're considering investing in Nuveen Fund, it is important to understand the factors that can impact its price. Currently, Nuveen Massachusetts Quality is very steady. Nuveen Massachusetts 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 twenty-nine technical indicators for Nuveen Massachusetts, which you can use to evaluate the volatility of the fund. Please verify Nuveen Massachusetts' Risk Adjusted Performance of 0.1137, downside deviation of 0.7274, and Mean Deviation of 0.4023 to check out if the risk estimate we provide is consistent with the expected return of 0.082%.
Nuveen Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Nuveen |
Sharpe Ratio = 0.1395
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Estimated Market Risk
| 0.59 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Nuveen Massachusetts 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 Massachusetts by adding it to a well-diversified portfolio.
Market Capitalization 112.6 M |
Nuveen Massachusetts Valuation on December 2, 2022
It is possible to determine the worth of Nuveen Massachusetts on a given historical date. On December 2, 2022 Nuveen was worth 9.88 at the beginning of the trading date compared to the closed value of 9.79. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nuveen Massachusetts fund. Still, in general, we apply an absolute valuation method to find Nuveen Massachusetts' 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 Massachusetts where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nuveen Massachusetts' related companies.
| Open | High | Low | Close | Volume | |
| 9.95 | 10.05 | 9.70 | 9.83 | 47,708 | |
12/02/2022 | 9.88 | 9.88 | 9.78 | 9.79 | 28,920 |
| 9.97 | 9.97 | 9.79 | 9.84 | 31,924 |
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Nuveen Massachusetts Trading Date Momentum on December 2, 2022
| On December 05 2022 Nuveen Massachusetts Quality was traded for 9.84 at the closing time. Highest Nuveen Massachusetts's price during the trading hours was 9.97 and the lowest price during the day was 9.79 . The net volume was 31.9 K. The overall trading history on the 5th of December contributed to the next trading period price appreciation. The trading delta at closing time to the next next day price was 0.51% . The trading delta at closing time to current price is 0.41% . |
Nuveen Massachusetts Fundamentals Correlations and Trends
By evaluating Nuveen Massachusetts' 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 Massachusetts' 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 Massachusetts Fund history
Nuveen Massachusetts 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 Massachusetts 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 Massachusetts stock prices may prove useful in developing a viable investing in Nuveen Massachusetts
Nuveen Massachusetts 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 Massachusetts, United States. The fund primarily invests in undervalued municipal securities and other related investments which are exempt from regular federal and Massachusetts income taxes. It seeks to invest in investment grade securities that are rated BaaBBB or above by SP, Moodys, or Fitch. The fund employs fundamental analysis with a focus on bottom-up stock picking approach to create its portfolio. It benchmarks the performance of its portfolio against the Standard Poors Massachusetts Municipal Bond Index and Standard Poors National Municipal Bond Index. The fund was formerly known as Nuveen Massachusetts Premium Income Municipal Fund. Nuveen Massachusetts Quality Municipal Income Fund was formed on January 12, 1993 and is domiciled in the United States.
Nuveen Massachusetts Fund Technical Analysis
Nuveen Massachusetts 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 Massachusetts Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Nuveen Massachusetts 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 Massachusetts November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Nuveen Massachusetts 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 Massachusetts shares will generate the highest return on investment. By undertsting and applying Nuveen Massachusetts fund market strength indicators, traders can identify Nuveen Massachusetts Quality entry and exit signals to maximize returns
Nuveen Massachusetts Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nuveen Massachusetts' 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 | 0.1137 | |||
| Jensen Alpha | 0.0828 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | (1.79) |
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Other Information on Investing in Nuveen Fund
Nuveen Massachusetts 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 Massachusetts security.
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