Nuveen California Dividend Fund Return On Asset

NAC Fund  USD 11.51  0.10  0.88%   
Nuveen California Dividend fundamentals help investors to digest information that contributes to Nuveen California'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 California'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 California fund.
  
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 California Dividend Fund Return On Asset Analysis

Nuveen California'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 California Return On Asset

    
  1.83  
Most of Nuveen California'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 California Dividend 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 California Dividend has a Return On Asset of 1.83. 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 funds 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 California's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the funds which would be a good addition to a portfolio. Peer analysis of Nuveen California could also be used in its relative valuation, which is a method of valuing Nuveen California by comparing valuation metrics of similar companies.
Nuveen California is regarded third largest fund in return on asset among similar funds.

Nuveen Fundamentals

About Nuveen California Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Nuveen California Dividend's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nuveen California using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nuveen California Dividend 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.

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 Fund

Nuveen California 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 California security.
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
Commodity Directory
Find actively traded commodities issued by global exchanges
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios