Nuveen Build America Etf Fundamentals
| NBB Etf | USD 15.88 0.14 0.89% |
Nuveen Build America fundamentals help investors to digest information that contributes to Nuveen Build'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 Build'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 Build etf.
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Nuveen Build America ETF Beta Analysis
Nuveen Build'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 Build Beta | -0.05 |
Most of Nuveen Build'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 Build America 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.
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In accordance with the recently published financial statements, Nuveen Build America has a Beta of -0.05. This is much lower than that of the Financial Services family and significantly lower than that of the Asset Management category. The beta for all United States etfs is notably higher than that of the company.
Nuveen Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nuveen Build's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Nuveen Build could also be used in its relative valuation, which is a method of valuing Nuveen Build by comparing valuation metrics of similar companies.Nuveen Build is currently under evaluation in beta as compared to similar ETFs.
As returns on the market increase, returns on owning Nuveen Build are expected to decrease at a much lower rate. During the bear market, Nuveen Build is likely to outperform the market.
Nuveen Fundamentals
| Shares Outstanding | 28.48 M | ||||
| Shares Owned By Institutions | 27.16 % | ||||
| Number Of Shares Shorted | 19.18 K | ||||
| Short Ratio | 0.20 X | ||||
| Beta | -0.05 | ||||
| Market Capitalization | 532.57 M | ||||
| Annual Yield | 0.01 % | ||||
| Year To Date Return | 2.18 % | ||||
| One Year Return | 9.72 % | ||||
| Three Year Return | (3.78) % | ||||
| Five Year Return | 0.28 % | ||||
| Last Dividend Paid | 1.11 |
About Nuveen Build Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Nuveen Build America's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nuveen Build using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nuveen Build America 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.Nuveen Taxable Municipal Income Fund is a closed ended 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 also invests some portion of its portfolio in derivative instruments. It invests in Build America Bonds, i.e. taxable municipal securities. The fund employs fundamental analysis with bottom-up and top-down stock picking approach to create its portfolio. It benchmarks the performance of its portfolio against the Barclays Capital Build America Bond Index. The fund was formerly known as Nuveen Build America Bond Fund. Nuveen Taxable Municipal Income Fund was formed on December 4, 2009 and is domiciled in the United States.
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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 Build 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 Build security.