Nuveen Municipal High Fund Manager Performance Evaluation
| NMZ Fund | USD 11.19 0.04 0.36% |
The fund secures a Beta (Market Risk) of 0.0628, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Nuveen Municipal's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nuveen Municipal is expected to be smaller as well.
Risk-Adjusted Performance
2 of 100
Weak | Strong |
Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Nuveen Municipal High are ranked lower than 2 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong primary indicators, Nuveen Municipal is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more1 | NMZ stock touches 52-week high at 11.57 amid market rally - Investing.com | 09/04/2024 |
2 | Trading Signals - Stock Traders Daily | 11/13/2024 |
| Expense Ratio | 1.2200 |
Nuveen |
Nuveen Municipal Relative Risk vs. Return Landscape
If you would invest 1,107 in Nuveen Municipal High on August 24, 2024 and sell it today you would earn a total of 12.00 from holding Nuveen Municipal High or generate 1.08% return on investment over 90 days. Nuveen Municipal High is generating 0.0187% of daily returns assuming volatility of 0.6175% on return distribution over 90 days investment horizon. In other words, 5% of funds are less volatile than Nuveen, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Nuveen Municipal Current Valuation
Fairly Valued
Today
Please note that Nuveen Municipal's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Nuveen Municipal High secures a last-minute Real Value of $11.12 per share. The latest price of the fund is $11.19. We determine the value of Nuveen Municipal High from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued funds and dropping overvalued funds since, at some point, fund prices and their ongoing real values will merge together.
Since Nuveen Municipal is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Nuveen Fund. However, Nuveen Municipal's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 11.19 | Real 11.12 | Hype 11.15 | Naive 11.21 |
The intrinsic value of Nuveen Municipal's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Nuveen Municipal's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Nuveen Municipal High helps investors to forecast how Nuveen fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Nuveen Municipal more accurately as focusing exclusively on Nuveen Municipal's fundamentals will not take into account other important factors: Nuveen Municipal Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nuveen Municipal's investment risk. Standard deviation is the most common way to measure market volatility of funds, such as Nuveen Municipal High, and traders can use it to determine the average amount a Nuveen Municipal's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0303
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | NMZ |
Estimated Market Risk
| 0.62 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Nuveen Municipal is performing at about 2% 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 Municipal by adding it to a well-diversified portfolio.
Nuveen Municipal Fundamentals Growth
Nuveen Fund prices reflect investors' perceptions of the future prospects and financial health of Nuveen Municipal, and Nuveen Municipal fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Nuveen Fund performance.
| Return On Equity | -12.97 | |||
| Return On Asset | 2.17 | |||
| Profit Margin | (178.87) % | |||
| Operating Margin | 83.45 % | |||
| Current Valuation | 1.71 B | |||
| Shares Outstanding | 97.87 M | |||
| Price To Earning | 5.51 X | |||
| Price To Book | 0.82 X | |||
| Price To Sales | 11.83 X | |||
| Revenue | 90.14 M | |||
| Cash And Equivalents | 992.53 K | |||
| Cash Per Share | 0.01 X | |||
| Total Debt | 710.27 M | |||
| Debt To Equity | 0.57 % | |||
| Book Value Per Share | 13.22 X | |||
| Cash Flow From Operations | (395.16 M) | |||
| Earnings Per Share | (0.09) X | |||
| Total Asset | 423.16 M | |||
| Retained Earnings | (109.02 M) | |||
About Nuveen Municipal Performance
Evaluating Nuveen Municipal's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Nuveen Municipal has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Nuveen Municipal has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Nuveen Municipal High Income Opportunity Fund is a closed-end 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 the United States. The fund primarily invests in investment grade tax-exempt municipal securities. The fund was formerly known as Nuveen Municipal High Yield Opportunity Fund. Nuveen Municipal High Income Opportunity Fund was founded in November 19, 2003 and is based in the United States.Things to note about Nuveen Municipal High performance evaluation
Checking the ongoing alerts about Nuveen Municipal for important developments is a great way to find new opportunities for your next move. Fund alerts and notifications screener for Nuveen Municipal High help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Latest headline from news.google.com: Trading Signals - Stock Traders Daily | |
| The fund generated three year return of -3.0% |
- Analyzing Nuveen Municipal's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Nuveen Municipal's stock is overvalued or undervalued compared to its peers.
- Examining Nuveen Municipal's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Nuveen Municipal's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nuveen Municipal's management team can help you assess the Fund's leadership.
- Pay attention to analyst opinions and ratings of Nuveen Municipal's fund. These opinions can provide insight into Nuveen Municipal's potential for growth and whether the stock is currently undervalued or overvalued.
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.
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Transaction History View history of all your transactions and understand their impact on performance |