Nuveen New Jersey Fund Price on November 25, 2024
| NNJAX Fund | USD 10.68 0.06 0.56% |
Below is the normalized historical share price chart for Nuveen New Jersey extending back to March 28, 1995. 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 New stands at 10.68, as last reported on the 30th of November, with the highest price reaching 10.68 and the lowest price hitting 10.68 during the day.
If you're considering investing in Nuveen Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Nuveen Mutual Fund to be very steady. Nuveen New Jersey has Sharpe Ratio of 0.0733, which conveys that the entity had a 0.0733% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Nuveen New, which you can use to evaluate the volatility of the fund. Please verify Nuveen New's Downside Deviation of 0.3975, risk adjusted performance of 0.0483, and Mean Deviation of 0.1672 to check out if the risk estimate we provide is consistent with the expected return of 0.0195%.
Nuveen Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Nuveen |
Sharpe Ratio = 0.0733
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | NNJAX |
Estimated Market Risk
| 0.27 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Nuveen New is performing at about 5% 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 New by adding it to a well-diversified portfolio.
Nuveen New Valuation on November 25, 2024
It is possible to determine the worth of Nuveen New on a given historical date. On November 25, 2024 Nuveen was worth 10.59 at the beginning of the trading date compared to the closed value of 10.59. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nuveen New mutual fund. Still, in general, we apply an absolute valuation method to find Nuveen New'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 New where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nuveen New's related companies.
| Open | High | Low | Close | Volume | |
| 10.56 | 10.56 | 10.56 | 10.56 | 1.00 | |
11/25/2024 | 10.59 | 10.59 | 10.59 | 10.59 | 1.00 |
| 10.60 | 10.60 | 10.60 | 10.60 | 1.00 |
| Backtest Nuveen New | | | Nuveen New History | | | Nuveen New Valuation | Previous | Next |
Nuveen New Trading Date Momentum on November 25, 2024
| On November 26 2024 Nuveen New Jersey was traded for 10.60 at the closing time. The highest daily price throughout the period was 10.60 and the lowest price was 10.60 . There was no trading activity during the period 1.0. Lack of trading volume on 11/26/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.09% . The trading delta at closing time to current closing price is 0.85% . |
Nuveen New Jersey Fundamentals Correlations and Trends
By evaluating Nuveen New'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 New'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 New Mutual Fund history
Nuveen New 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 New Jersey 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 New stock prices may prove useful in developing a viable investing in Nuveen New
The fund invests at least 80 percent of its net assets in investment grade municipal bonds rated BBBBaa or higher at the time of purchase by at least one independent rating agency, or, if unrated, judged by the funds sub-adviser to be of comparable quality. The fund may invest up to 20 percent of its net assets in below investment grade municipal bonds, commonly referred to as high yield or junk bonds.
Nuveen New Mutual Fund Technical Analysis
Nuveen New technical mutual 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 New Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Nuveen New Jersey cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS 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 New November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Nuveen New mutual 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 New shares will generate the highest return on investment. By undertsting and applying Nuveen New mutual fund market strength indicators, traders can identify Nuveen New Jersey entry and exit signals to maximize returns
Nuveen New Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nuveen New's price direction in advance. Along with the technical and fundamental analysis of Nuveen Mutual 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 | 0.0483 | |||
| Jensen Alpha | 0.0252 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.29) | |||
| Treynor Ratio | (0.14) |
| 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 Mutual Fund
Nuveen New financial ratios help investors to determine whether Nuveen Mutual 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 New security.
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments |