Nuveen New York Fund Price on August 2, 2024
| NRK Fund | USD 11.01 0.04 0.36% |
Below is the normalized historical share price chart for Nuveen New York 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 New stands at 11.01, as last reported on the 28th of November, with the highest price reaching 11.02 and the lowest price hitting 10.88 during the day.
If you're considering investing in Nuveen Fund, it is important to understand the factors that can impact its price. As of now, Nuveen Fund is very steady. Nuveen New York has Sharpe Ratio of 0.0392, which conveys that the entity had a 0.0392% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Nuveen New, which you can use to evaluate the volatility of the fund. Please verify Nuveen New's Risk Adjusted Performance of 0.0089, downside deviation of 0.5177, and Mean Deviation of 0.3309 to check out if the risk estimate we provide is consistent with the expected return of 0.0185%.
Nuveen Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Nuveen |
Sharpe Ratio = 0.0392
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Estimated Market Risk
| 0.47 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Nuveen New is performing at about 3% 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.
Market Capitalization 997.1 M |
Related Headline
MFS Investment Headline on 2nd of August 2024
Disposition of tradable shares by Jpmorgan Chase Bank, N.a. ... by seekingalpha.com
Filed transaction by MFS Investment Grade 10 Percent Owner. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)
Nuveen New Valuation on August 2, 2024
It is possible to determine the worth of Nuveen New on a given historical date. On August 2, 2024 Nuveen was worth 10.87 at the beginning of the trading date compared to the closed value of 10.87. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nuveen New 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 | |
| 10.81 | 10.87 | 10.77 | 10.87 | 342,561 | |
08/02/2024 | 10.87 | 10.91 | 10.83 | 10.87 | 198,825 |
| 10.74 | 10.80 | 10.71 | 10.75 | 196,438 |
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Nuveen New Trading Date Momentum on August 2, 2024
| On August 05 2024 Nuveen New York was traded for 10.75 at the closing time. Highest Nuveen New's price during the trading hours was 10.80 and the lowest price during the day was 10.71 . The net volume was 196.4 K. The overall trading history on the 5th of August contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 1.10% . The trading delta at closing time to current price is 0.37% . |
Nuveen New York 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 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 York 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
Nuveen New York 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 Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of New York. The fund invests in undervalued municipal securities and other related investments the income, covered by insurance from insurers with a claims-paying ability, exempt from regular federal and New York income tax and are rated Baa, BBB or better and having an average maturity of 15.98 years. It employs fundamental analysis with bottom-up stock picking approach to create its portfolio. The fund benchmarks the performance of its portfolio against the Standard Poors New York Municipal Bond Index and the Standard Poors Insured National Municipal Bond Index. It was formerly known as Nuveen New York AMT-Free Municipal Income Fund. Nuveen New York AMT-Free Quality Municipal Income Fund was formed on July 29, 2002 and is domiciled in the United States.
Nuveen New Fund Technical Analysis
Nuveen New 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 New Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Nuveen New York 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 New November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Nuveen New 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 fund market strength indicators, traders can identify Nuveen New York 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 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 | 0.0089 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.23) | |||
| Treynor Ratio | (0.02) |
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Other Information on Investing in Nuveen Fund
Nuveen New 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 New security.
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios |