Nuveen Kansas Municipal Fund Manager Performance Evaluation
| FAFOX Fund | USD 10.04 0.02 0.20% |
The fund secures a Beta (Market Risk) of -0.0963, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Nuveen Kansas are expected to decrease at a much lower rate. During the bear market, Nuveen Kansas is likely to outperform the market.
Risk-Adjusted Performance
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Over the last 90 days Nuveen Kansas Municipal has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong basic indicators, Nuveen Kansas is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more1 | Country star Darius Rucker donates to ETSUs NIL fund after awkward appearance at football game - Fox News | 11/12/2024 |
| Expense Ratio Date | 30th of September 2022 | |
| Expense Ratio | 1.6400 |
Nuveen |
Nuveen Kansas Relative Risk vs. Return Landscape
If you would invest 1,009 in Nuveen Kansas Municipal on August 30, 2024 and sell it today you would lose (5.00) from holding Nuveen Kansas Municipal or give up 0.5% of portfolio value over 90 days. Nuveen Kansas Municipal is currently producing negative expected returns and takes up 0.2284% volatility of returns over 90 trading days. Put another way, 2% of traded mutual funds are less volatile than Nuveen, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
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Nuveen Kansas Current Valuation
Overvalued
Today
Please note that Nuveen Kansas' price fluctuation is very steady at this time. At this time, the fund appears to be overvalued. Nuveen Kansas Municipal secures a last-minute Real Value of $9.53 per share. The latest price of the fund is $10.04. We determine the value of Nuveen Kansas Municipal from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will merge together.
Since Nuveen Kansas is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Nuveen Mutual Fund. However, Nuveen Kansas' intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 10.04 | Real 9.53 | Hype 10.04 |
The intrinsic value of Nuveen Kansas' stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Nuveen Kansas' stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Nuveen Kansas Municipal helps investors to forecast how Nuveen mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Nuveen Kansas more accurately as focusing exclusively on Nuveen Kansas' fundamentals will not take into account other important factors: Nuveen Kansas Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nuveen Kansas' investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Nuveen Kansas Municipal, and traders can use it to determine the average amount a Nuveen Kansas' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0328
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| Negative Returns | FAFOX |
Estimated Market Risk
| 0.23 actual daily | 2 98% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Nuveen Kansas is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Nuveen Kansas by adding Nuveen Kansas to a well-diversified portfolio.
Nuveen Kansas Fundamentals Growth
Nuveen Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Nuveen Kansas, and Nuveen Kansas fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Nuveen Mutual Fund performance.
| Total Asset | 7.05 M | ||||
About Nuveen Kansas Performance
Evaluating Nuveen Kansas' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Nuveen Kansas has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Nuveen Kansas has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The fund normally invests at least 80 percent of its net assets in investment grade municipal bonds rated BBBBaa or higher at the time of purchase by at least one independent rating agency, or, if unrated, judged by the funds sub-adviser to be of comparable quality. The fund may invest up to 20 percent of its net assets in below investment grade municipal bonds, commonly referred to as high yield or junk bonds.Things to note about Nuveen Kansas Municipal performance evaluation
Checking the ongoing alerts about Nuveen Kansas for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Nuveen Kansas Municipal help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Nuveen Kansas generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: Country star Darius Rucker donates to ETSUs NIL fund after awkward appearance at football game - Fox News | |
| The fund generated three year return of -1.0% | |
| Nuveen Kansas Municipal retains about 17.04% of its assets under management (AUM) in fixed income securities |
- Analyzing Nuveen Kansas' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Nuveen Kansas' stock is overvalued or undervalued compared to its peers.
- Examining Nuveen Kansas' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Nuveen Kansas' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nuveen Kansas' management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Nuveen Kansas' mutual fund. These opinions can provide insight into Nuveen Kansas' potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Nuveen Mutual Fund
Nuveen Kansas financial ratios help investors to determine whether Nuveen Mutual 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 Kansas security.
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings |