Nuveen Dow 30sm Etf Return On Asset

DIAX Etf  USD 15.68  0.02  0.13%   
Nuveen Dow 30Sm fundamentals help investors to digest information that contributes to Nuveen Dow's financial success or failures. It also enables traders to predict the movement of Nuveen Etf. The fundamental analysis module provides a way to measure Nuveen Dow's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Nuveen Dow etf.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Nuveen Dow 30Sm ETF Return On Asset Analysis

Nuveen Dow's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

Return On Asset

 = 

Net Income

Total Assets

More About Return On Asset | All Equity Analysis

Current Nuveen Dow Return On Asset

    
  0.65  
Most of Nuveen Dow's fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Nuveen Dow 30Sm is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Competition

Based on the latest financial disclosure, Nuveen Dow 30Sm has a Return On Asset of 0.65. This is much higher than that of the Financial Services family and significantly higher than that of the Asset Management category. The return on asset for all United States etfs is notably lower than that of the firm.

Nuveen Return On Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nuveen Dow's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Nuveen Dow could also be used in its relative valuation, which is a method of valuing Nuveen Dow by comparing valuation metrics of similar companies.
Nuveen Dow is currently under evaluation in return on asset as compared to similar ETFs.

Nuveen Fundamentals

About Nuveen Dow Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Nuveen Dow 30Sm's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nuveen Dow using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nuveen Dow 30Sm based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Nuveen Etf

Nuveen Dow financial ratios help investors to determine whether Nuveen Etf 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 Dow security.