Nuveen California Municipal Fund Fundamentals
| NCA Fund | USD 8.69 0.02 0.23% |
Nuveen California Municipal 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.
Nuveen |
Nuveen California Municipal Fund Price To Earning Analysis
Nuveen California's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current Nuveen California Price To Earning | 30.04 X |
Most of Nuveen California's fundamental indicators, such as Price To Earning, 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 Municipal is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
| Competition |
Based on the latest financial disclosure, Nuveen California Municipal has a Price To Earning of 30.04 times. This is much higher than that of the Financial Services family and significantly higher than that of the Asset Management category. The price to earning for all United States funds is notably lower than that of the firm.
Nuveen California Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Nuveen California's current stock value. Our valuation model uses many indicators to compare Nuveen California value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nuveen California competition to find correlations between indicators driving Nuveen California's intrinsic value. More Info.Nuveen California Municipal is regarded third largest fund in price to earning among similar funds. It also is regarded third largest fund in price to book among similar funds fabricating about 0.03 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Nuveen California Municipal is roughly 38.03 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Nuveen California's earnings, one of the primary drivers of an investment's value.Nuveen Price To Earning 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 Price To Earning 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 currently under evaluation in price to earning among similar funds.
Nuveen Fundamentals
| Return On Equity | -0.45 | ||||
| Return On Asset | 1.97 | ||||
| Profit Margin | (11.96) % | ||||
| Operating Margin | 83.59 % | ||||
| Current Valuation | 276.1 M | ||||
| Shares Outstanding | 33.11 M | ||||
| Shares Owned By Institutions | 18.80 % | ||||
| Number Of Shares Shorted | 34.43 K | ||||
| Price To Earning | 30.04 X | ||||
| Price To Book | 0.79 X | ||||
| Price To Sales | 23.29 X | ||||
| Revenue | 12.13 M | ||||
| Gross Profit | 12.13 M | ||||
| Net Income | (1.45 M) | ||||
| Cash And Equivalents | 26.74 K | ||||
| Debt To Equity | 0 % | ||||
| Current Ratio | 1.63 X | ||||
| Book Value Per Share | 10.77 X | ||||
| Short Ratio | 0.51 X | ||||
| Earnings Per Share | 0.28 X | ||||
| Number Of Employees | 23 | ||||
| Beta | 0.24 | ||||
| Market Capitalization | 254.79 M | ||||
| Total Asset | 254.99 M | ||||
| Retained Earnings | 7.04 M | ||||
| Annual Yield | 0 % | ||||
| Year To Date Return | 2.80 % | ||||
| One Year Return | 6.97 % | ||||
| Three Year Return | (1.00) % | ||||
| Five Year Return | 0.74 % | ||||
| Last Dividend Paid | 0.33 |
About Nuveen California Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Nuveen California Municipal'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 Municipal 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.Nuveen California Municipal Value 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 California. The fund invests primarily in municipal securities rated BaaBBB or better. It invests in securities that provide income exempt from federal and California income tax. The fund employs fundamental analysis with bottom-up stock picking approach to create its portfolio. It benchmarks the performance of its portfolio against the SP California Municipal Bond Index and the SP National Municipal Bond Index. Nuveen California Municipal Value Fund was formed on October 7, 1987 and is domiciled in the United States.
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.
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes |