Nuveen Diversified Dividend Fund Beta
Nuveen Diversified Dividend fundamentals help investors to digest information that contributes to Nuveen Diversified's financial success or failures. It also enables traders to predict the movement of Nuveen Fund. The fundamental analysis module provides a way to measure Nuveen Diversified'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 Diversified fund.
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Nuveen Diversified Dividend Fund Beta Analysis
Nuveen Diversified's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Nuveen Diversified Beta | 1.08 |
Most of Nuveen Diversified's fundamental indicators, such as Beta, 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 Diversified Dividend is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
CompetitionNuveen Diversified Beta Component Assessment
In accordance with the recently published financial statements, Nuveen Diversified Dividend has a Beta of 1.08. This is 31.71% higher than that of the Financial Services family and 11.48% lower than that of the Asset Management category. The beta for all United States funds is notably lower than that of the firm.
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Nuveen Diversified returns are very sensitive to returns on the market. As the market goes up or down, Nuveen Diversified is expected to follow.
Nuveen Fundamentals
Return On Equity | -8.19 | |||
Return On Asset | 1.56 | |||
Profit Margin | (170.20) % | |||
Operating Margin | 74.30 % | |||
Current Valuation | 289.56 M | |||
Shares Outstanding | 19.67 M | |||
Shares Owned By Insiders | 0.01 % | |||
Shares Owned By Institutions | 18.86 % | |||
Number Of Shares Shorted | 5.45 K | |||
Price To Earning | 3.29 X | |||
Price To Book | 1.06 X | |||
Price To Sales | 20.29 X | |||
Revenue | 10.45 M | |||
Gross Profit | 10.45 M | |||
Net Income | (17.79 M) | |||
Cash And Equivalents | 1.61 K | |||
Total Debt | 83.63 M | |||
Debt To Equity | 0.42 % | |||
Current Ratio | 0.07 X | |||
Book Value Per Share | 10.17 X | |||
Cash Flow From Operations | 37.17 M | |||
Short Ratio | 0.12 X | |||
Earnings Per Share | (0.90) X | |||
Number Of Employees | 27 | |||
Beta | 1.08 | |||
Market Capitalization | 212.03 M | |||
Total Asset | 241.37 M | |||
Retained Earnings | (127.82 M) | |||
Z Score | 1.2 | |||
Five Year Return | 9.16 % | |||
Last Dividend Paid | 0.78 |
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.Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any fund could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Other Consideration for investing in Nuveen Fund
If you are still planning to invest in Nuveen Diversified check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Nuveen Diversified's history and understand the potential risks before investing.
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