Nuveen Floating Rate Fund EBITDA
| JFR Fund | USD 8.60 0.07 0.82% |
Nuveen Floating Rate fundamentals help investors to digest information that contributes to Nuveen Floating'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 Floating'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 Floating fund.
Nuveen |
Nuveen Floating Rate Fund EBITDA Analysis
Nuveen Floating's EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
| Competition |
According to the company disclosure, Nuveen Floating Rate reported earnings before interest,tax, depreciation and amortization of 0.0. This indicator is about the same for the Financial Services average (which is currently at 0.0) family and about the same as Asset Management (which currently averages 0.0) category. This indicator is about the same for all United States funds average (which is currently at 0.0).
Nuveen EBITDA Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nuveen Floating's direct or indirect competition against its EBITDA to detect undervalued stocks with similar characteristics or determine the funds which would be a good addition to a portfolio. Peer analysis of Nuveen Floating could also be used in its relative valuation, which is a method of valuing Nuveen Floating by comparing valuation metrics of similar companies.Nuveen Floating is currently under evaluation in ebitda among similar funds.
Nuveen Fundamentals
| Return On Equity | -2.67 | ||||
| Return On Asset | 2.32 | ||||
| Profit Margin | (33.89) % | ||||
| Operating Margin | 79.88 % | ||||
| Current Valuation | 679.52 M | ||||
| Shares Outstanding | 56.92 M | ||||
| Shares Owned By Insiders | 0.06 % | ||||
| Shares Owned By Institutions | 33.53 % | ||||
| Number Of Shares Shorted | 23.1 K | ||||
| Price To Earning | 10.51 X | ||||
| Price To Book | 0.82 X | ||||
| Price To Sales | 10.80 X | ||||
| Revenue | 44.27 M | ||||
| Gross Profit | 44.27 M | ||||
| Net Income | (15.01 M) | ||||
| Cash And Equivalents | 2.45 M | ||||
| Cash Per Share | 0.04 X | ||||
| Total Debt | 234.59 M | ||||
| Debt To Equity | 0.44 % | ||||
| Current Ratio | 1.00 X | ||||
| Book Value Per Share | 10.20 X | ||||
| Cash Flow From Operations | 46.28 M | ||||
| Short Ratio | 0.12 X | ||||
| Earnings Per Share | (0.14) X | ||||
| Number Of Employees | 22 | ||||
| Beta | 0.56 | ||||
| Market Capitalization | 564.06 M | ||||
| Annual Yield | 0 % | ||||
| Year To Date Return | 0.71 % | ||||
| One Year Return | 10.67 % | ||||
| Three Year Return | 6.04 % | ||||
| Five Year Return | 5.15 % | ||||
| Last Dividend Paid | 0.79 |
About Nuveen Floating Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Nuveen Floating Rate's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nuveen Floating using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nuveen Floating Rate based on its fundamental data. In general, a quantitative approach, as applied to this fund, 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.
Pair Trading with Nuveen Floating
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Nuveen Floating position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Nuveen Floating will appreciate offsetting losses from the drop in the long position's value.Moving together with Nuveen Fund
The ability to find closely correlated positions to Nuveen Floating could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nuveen Floating when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Nuveen Floating - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Nuveen Floating Rate to buy it.
The correlation of Nuveen Floating is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Nuveen Floating moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nuveen Floating Rate moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Nuveen Floating can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Nuveen Fund
Nuveen Floating 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 Floating security.
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