Nuveen Virginia Quality Fund Fundamentals

NPV Fund  USD 13.37  0.13  0.98%   
Nuveen Virginia Quality fundamentals help investors to digest information that contributes to Nuveen Virginia'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 Virginia'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 Virginia fund.
  
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Nuveen Virginia Quality Fund Price To Earning Analysis

Nuveen Virginia'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.

P/E

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Market Value Per Share

Earnings Per Share

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Current Nuveen Virginia Price To Earning

    
  14.27 X  
Most of Nuveen Virginia'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 Virginia Quality 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 Virginia Quality has a Price To Earning of 14.27 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 Virginia Quality Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Nuveen Virginia's current stock value. Our valuation model uses many indicators to compare Nuveen Virginia value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nuveen Virginia competition to find correlations between indicators driving Nuveen Virginia's intrinsic value. More Info.
Nuveen Virginia Quality is number one fund in price to earning among similar funds. It is regarded third largest fund in price to book among similar funds fabricating about  0.05  of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Nuveen Virginia Quality is roughly  18.29 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Nuveen Virginia by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

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 Virginia'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 Virginia could also be used in its relative valuation, which is a method of valuing Nuveen Virginia by comparing valuation metrics of similar companies.
Nuveen Virginia is currently under evaluation in price to earning among similar funds.

Nuveen Fundamentals

About Nuveen Virginia Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Nuveen Virginia Quality's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nuveen Virginia using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nuveen Virginia Quality 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 Virginia Quality 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 Virginia. The fund invests primarily in municipal securities rated BaaBBB or better. It invests in securities that provide income exempt from federal and Virginia 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 National Municipal Bond Index and the SP Virginia Municipal Bond Index. The fund was formerly known as Nuveen Virginia Premium Income Municipal Fund. Nuveen Virginia Quality Municipal Income Fund was formed on January 12, 1993 and is domiciled in the United States.

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Other Information on Investing in Nuveen Fund

Nuveen Virginia 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 Virginia security.
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