Nuveen Total Other Income Expense Net vs Ebitda Analysis

NXP Stock  USD 14.62  0.06  0.41%   
Nuveen Select financial indicator trend analysis is infinitely more than just investigating Nuveen Select Tax recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nuveen Select Tax is a good investment. Please check the relationship between Nuveen Select Total Other Income Expense Net and its Ebitda accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nuveen Select Tax Free. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.

Total Other Income Expense Net vs Ebitda

Total Other Income Expense Net vs Ebitda Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nuveen Select Tax Total Other Income Expense Net account and Ebitda. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Nuveen Select's Total Other Income Expense Net and Ebitda is 0.84. Overlapping area represents the amount of variation of Total Other Income Expense Net that can explain the historical movement of Ebitda in the same time period over historical financial statements of Nuveen Select Tax Free, assuming nothing else is changed. The correlation between historical values of Nuveen Select's Total Other Income Expense Net and Ebitda is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Other Income Expense Net of Nuveen Select Tax Free are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Total Other Income Expense Net i.e., Nuveen Select's Total Other Income Expense Net and Ebitda go up and down completely randomly.

Correlation Coefficient

0.84
Relationship DirectionPositive 
Relationship StrengthStrong

Total Other Income Expense Net

Ebitda

Most indicators from Nuveen Select's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nuveen Select Tax current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nuveen Select Tax Free. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
At this time, Nuveen Select's Selling General Administrative is relatively stable compared to the past year. As of 11/25/2024, Enterprise Value is likely to grow to about 726.1 M, while Sales General And Administrative To Revenue is likely to drop 0.05.
 2021 2022 2023 2024 (projected)
Operating Income14.0M23.8M28.6M30.0M
Gross Profit15.0M25.5M24.6M14.6M

Nuveen Select fundamental ratios Correlations

-0.610.840.860.570.450.410.710.461.01.0-0.181.00.490.181.0-0.92-0.170.860.670.550.860.49-0.74-0.26-0.6
-0.61-0.8-0.87-0.22-0.93-0.96-0.94-0.9-0.62-0.610.28-0.62-0.96-0.29-0.630.80.28-0.82-0.87-0.98-0.87-0.950.63-0.030.85
0.84-0.80.930.50.570.620.830.60.840.83-0.360.840.660.360.86-0.94-0.350.940.730.730.920.61-0.83-0.28-0.63
0.86-0.870.930.450.760.740.940.750.870.86-0.250.880.80.250.88-0.99-0.240.960.880.841.00.72-0.76-0.13-0.81
0.57-0.220.50.450.070.090.30.130.560.53-0.050.530.150.040.56-0.51-0.040.430.320.220.420.13-0.72-0.78-0.07
0.45-0.930.570.760.070.970.90.940.460.45-0.20.470.970.20.47-0.66-0.190.650.850.950.770.94-0.420.22-0.89
0.41-0.960.620.740.090.970.890.930.420.42-0.240.430.980.250.44-0.64-0.230.640.830.970.750.97-0.470.16-0.85
0.71-0.940.830.940.30.90.890.870.720.71-0.30.720.920.30.73-0.89-0.290.850.90.930.940.87-0.62-0.01-0.91
0.46-0.90.60.750.130.940.930.870.470.46-0.080.480.980.080.48-0.67-0.070.660.880.970.760.9-0.450.15-0.84
1.0-0.620.840.870.560.460.420.720.471.0-0.21.00.50.191.0-0.93-0.190.870.680.560.870.5-0.74-0.25-0.61
1.0-0.610.830.860.530.450.420.710.461.0-0.191.00.490.191.0-0.92-0.180.860.670.550.860.5-0.72-0.22-0.61
-0.180.28-0.36-0.25-0.05-0.2-0.24-0.3-0.08-0.2-0.19-0.19-0.14-1.0-0.20.241.0-0.240.12-0.21-0.25-0.240.29-0.040.12
1.0-0.620.840.880.530.470.430.720.481.01.0-0.190.510.191.0-0.93-0.180.870.680.560.870.51-0.72-0.21-0.62
0.49-0.960.660.80.150.970.980.920.980.50.49-0.140.510.150.51-0.71-0.140.70.90.990.80.95-0.510.13-0.87
0.18-0.290.360.250.040.20.250.30.080.190.19-1.00.190.150.2-0.24-1.00.24-0.120.210.250.24-0.280.04-0.13
1.0-0.630.860.880.560.470.440.730.481.01.0-0.21.00.510.2-0.94-0.190.880.690.570.880.51-0.75-0.25-0.62
-0.920.8-0.94-0.99-0.51-0.66-0.64-0.89-0.67-0.93-0.920.24-0.93-0.71-0.24-0.940.23-0.96-0.83-0.76-0.99-0.640.770.190.75
-0.170.28-0.35-0.24-0.04-0.19-0.23-0.29-0.07-0.19-0.181.0-0.18-0.14-1.0-0.190.23-0.230.13-0.2-0.24-0.230.28-0.040.12
0.86-0.820.940.960.430.650.640.850.660.870.86-0.240.870.70.240.88-0.96-0.230.80.760.950.63-0.8-0.25-0.7
0.67-0.870.730.880.320.850.830.90.880.680.670.120.680.9-0.120.69-0.830.130.80.890.880.81-0.57-0.03-0.88
0.55-0.980.730.840.220.950.970.930.970.560.55-0.210.560.990.210.57-0.76-0.20.760.890.840.94-0.590.06-0.85
0.86-0.870.921.00.420.770.750.940.760.870.86-0.250.870.80.250.88-0.99-0.240.950.880.840.73-0.74-0.1-0.82
0.49-0.950.610.720.130.940.970.870.90.50.5-0.240.510.950.240.51-0.64-0.230.630.810.940.73-0.480.14-0.84
-0.740.63-0.83-0.76-0.72-0.42-0.47-0.62-0.45-0.74-0.720.29-0.72-0.51-0.28-0.750.770.28-0.8-0.57-0.59-0.74-0.480.590.29
-0.26-0.03-0.28-0.13-0.780.220.16-0.010.15-0.25-0.22-0.04-0.210.130.04-0.250.19-0.04-0.25-0.030.06-0.10.140.59-0.25
-0.60.85-0.63-0.81-0.07-0.89-0.85-0.91-0.84-0.61-0.610.12-0.62-0.87-0.13-0.620.750.12-0.7-0.88-0.85-0.82-0.840.29-0.25
Click cells to compare fundamentals

Nuveen Select Account Relationship Matchups

Nuveen Select fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets262.3M272.5M710.8M684.7M713.2M374.8M
Other Current Liab191.7K(500K)(2.0M)(2.2M)(10.6M)(10.1M)
Total Stockholder Equity261.4M271.1M708.2M682.1M702.3M737.4M
Net Tangible Assets261.4M271.1M708.2M682.1M784.4M823.6M
Retained Earnings31.0M40.5M52.7M26.5M30.4M23.1M
Accounts Payable715.5K500K2.0M2.2M10.5M11.1M
Other Assets66.0K75.7K233.5K213.6K713.2M748.9M
Net Receivables2.4M2.3M8.9M6.7M13.8M14.5M
Total Liab907.2K1.4M2.6M2.6M10.9M11.4M
Long Term Investments259.8M269.1M700.4M677.7M698.8M384.6M
Common Stock165.8K165.9K468.0K468.0K479.4K249.3K
Cash94.3K974.5K1.3M138.7K275.2K261.4K
Common Stock Shares Outstanding16.6M16.6M46.8M46.8M47.9M26.0M
Total Current Liabilities907.2K1.4M2.6M2.6M12.9M13.6M
Net Debt(94.3K)(974.5K)(1.3M)(138.7K)(225.5K)(236.8K)
Non Current Assets Total259.8M269.1M700.4M677.7M699.1M398.0M
Non Currrent Assets Other(259.8M)(269.1M)(700.4M)(677.7M)(698.8M)(663.8M)
Cash And Short Term Investments94.3K974.5K1.3M138.7K275.2K261.4K
Other Stockholder Equity(31.2M)230.4M655.0M655.1M671.5M705.1M
Total Current Assets2.5M3.3M10.2M6.8M14.1M14.8M
Non Current Liabilities Total907.2K1.4M2.6M2.6M10.8M11.4M
Liabilities And Stockholders Equity262.3M272.5M710.8M684.7M713.2M468.1M
Other Current Assets(4.7M)(4.6M)(10.2M)(8.3M)(14.1M)(13.4M)
Capital Stock165.8K165.9K468.0K468.0K479.4K350.7K

Pair Trading with Nuveen Select

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 Select 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 Select will appreciate offsetting losses from the drop in the long position's value.

Moving against Nuveen Stock

  0.79LC LendingClub CorpPairCorr
  0.78GS Goldman Sachs Group Fiscal Year End 21st of January 2025 PairCorr
  0.74DIST Distoken AcquisitionPairCorr
  0.74MS Morgan Stanley Fiscal Year End 21st of January 2025 PairCorr
  0.66V Visa Class APairCorr
The ability to find closely correlated positions to Nuveen Select 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 Select 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 Select - 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 Select Tax Free to buy it.
The correlation of Nuveen Select 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 Select moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nuveen Select Tax 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 Select 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.
Pair CorrelationCorrelation Matching

Additional Tools for Nuveen Stock Analysis

When running Nuveen Select's price analysis, check to measure Nuveen Select's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nuveen Select is operating at the current time. Most of Nuveen Select's value examination focuses on studying past and present price action to predict the probability of Nuveen Select's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nuveen Select's price. Additionally, you may evaluate how the addition of Nuveen Select to your portfolios can decrease your overall portfolio volatility.