Nuveen Global One Year Return vs. Price To Earning
| JGH Etf | USD 13.30 0.03 0.23% |
For Nuveen Global profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Nuveen Global to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Nuveen Global High utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Nuveen Global's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Nuveen Global High over time as well as its relative position and ranking within its peers.
Nuveen |
The market value of Nuveen Global High is measured differently than its book value, which is the value of Nuveen that is recorded on the company's balance sheet. Investors also form their own opinion of Nuveen Global's value that differs from its market value or its book value, called intrinsic value, which is Nuveen Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nuveen Global's market value can be influenced by many factors that don't directly affect Nuveen Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nuveen Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nuveen Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nuveen Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Nuveen Global High Price To Earning vs. One Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Nuveen Global's current stock value. Our valuation model uses many indicators to compare Nuveen Global value to that of its competitors to determine the firm's financial worth. Nuveen Global High is rated below average in one year return as compared to similar ETFs. It is rated fourth overall ETF in price to earning as compared to similar ETFs reporting about 0.63 of Price To Earning per One Year Return. The ratio of One Year Return to Price To Earning for Nuveen Global High is roughly 1.59 . 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 Global's earnings, one of the primary drivers of an investment's value.Nuveen Price To Earning vs. One Year Return
One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
Nuveen Global |
| = | 19.29 % |
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
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.
Nuveen Global |
| = | 12.11 X |
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.
Nuveen Price To Earning Comparison
Nuveen Global is currently under evaluation in price to earning as compared to similar ETFs.
Nuveen Global Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Nuveen Global, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Nuveen Global will eventually generate negative long term returns. The profitability progress is the general direction of Nuveen Global's change in net profit over the period of time. It can combine multiple indicators of Nuveen Global, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Nuveen Global High 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 fixed income markets across the globe. The fund primarily invests in U.S. high-yield bonds, non-U.S. high-yield bonds from developed and emerging markets, corporate debt securities, U.S. and foreign government debt securities, mortgage and asset-backed securities, preferred securities, secured and unsecured loans, and convertible debt securities. It seeks to invest in below investment grade securities rated BBBa or lower. The fund uses a diversified global high-income strategy, which blends high-yield bonds and other income producing securities from around the world, and across the capital structure and credit spectrum, to create its portfolio. It benchmarks the performance of its portfolio against the Barclays Global High Yield Index. Nuveen Global High Income Fund was formed on August 5, 2014 and is domiciled in the United States.
Nuveen Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Nuveen Global. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Nuveen Global position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Nuveen Global's important profitability drivers and their relationship over time.
Use Nuveen Global in pair-trading
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 Global 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 Global will appreciate offsetting losses from the drop in the long position's value.Nuveen Global Pair Trading
Nuveen Global High Pair Trading Analysis
The ability to find closely correlated positions to Nuveen Global 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 Global 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 Global - 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 Global High to buy it.
The correlation of Nuveen Global 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 Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nuveen Global High 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 Global 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.Use Investing Themes to Complement your Nuveen Global position
In addition to having Nuveen Global in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Other Information on Investing in Nuveen Etf
To fully project Nuveen Global's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Nuveen Global High at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Nuveen Global's income statement, its balance sheet, and the statement of cash flows.