Nuveen Missouri Book Value Per Share vs. Annual Yield

NOM Fund  USD 10.76  0.04  0.37%   
Considering the key profitability indicators obtained from Nuveen Missouri's historical financial statements, Nuveen Missouri Quality may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in December. Profitability indicators assess Nuveen Missouri's ability to earn profits and add value for shareholders.
For Nuveen Missouri profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Nuveen Missouri to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Nuveen Missouri Quality utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Nuveen Missouri's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Nuveen Missouri Quality over time as well as its relative position and ranking within its peers.
  
Check out Correlation Analysis.
Please note, there is a significant difference between Nuveen Missouri's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nuveen Missouri is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nuveen Missouri'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 Missouri Quality Annual Yield vs. Book Value Per Share Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Nuveen Missouri's current stock value. Our valuation model uses many indicators to compare Nuveen Missouri value to that of its competitors to determine the firm's financial worth.
Nuveen Missouri Quality is number one fund in book value per share among similar funds. It is rated below average in annual yield among similar funds . The ratio of Book Value Per Share to Annual Yield for Nuveen Missouri Quality is about  3,510 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Nuveen Missouri 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 Annual Yield vs. Book Value Per Share

Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.

Nuveen Missouri

Book Value per Share

 = 

Common Equity

Average Shares

 = 
14.04 X
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
Yield generally refers to the amount of cash that is paid back to the owner of a security over a specific time (usually one year). It is expressed as a percentage of current market price, and usually amounts to all the interests and/or dividends paid over a given period. A higher yield allows the shareholders to generate returns on their investments sooner. However, investors should also be aware that a high yield may be a result of market turmoil or increased price volatility.

Nuveen Missouri

Yield

 = 

Income from Security

Current Share Price

 = 
0 %
Small firms, start-ups, or companies with high growth potential typically do not pay out dividends or distribute a lot of their profits. These companies will have small yield. Alternatively, more established companies, ETFs, and funds that invest in bonds will have higher yields.

Nuveen Annual Yield Comparison

Nuveen Missouri is currently under evaluation in annual yield among similar funds.

Nuveen Missouri Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Nuveen Missouri, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Nuveen Missouri will eventually generate negative long term returns. The profitability progress is the general direction of Nuveen Missouri's change in net profit over the period of time. It can combine multiple indicators of Nuveen Missouri, 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 Missouri 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 Missouri. The fund invests in undervalued municipal securities and other related investments the income from which is exempt from regular federal and Missouri income taxes. It seeks to invest in investment grade securities. The fund employs fundamental analysis with a focus on bottom-up stock picking approach to create its portfolio. It benchmarks the performance of its portfolio against Standard Poors Missouri Municipal Bond Index and Standard Poors National Municipal Bond Index. The fund was formerly known as Nuveen Missouri Premium Income Municipal Fund. Nuveen Missouri Quality Municipal Income Fund was formed on March 29, 1993 and is domiciled in the United States.

Nuveen Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Nuveen Missouri. 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 Missouri 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 Missouri's important profitability drivers and their relationship over time.

Use Nuveen Missouri 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 Missouri 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 Missouri will appreciate offsetting losses from the drop in the long position's value.

Nuveen Missouri Pair Trading

Nuveen Missouri Quality Pair Trading Analysis

The ability to find closely correlated positions to Nuveen Missouri 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 Missouri 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 Missouri - 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 Missouri Quality to buy it.
The correlation of Nuveen Missouri 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 Missouri moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nuveen Missouri Quality 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 Missouri 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

Use Investing Themes to Complement your Nuveen Missouri position

In addition to having Nuveen Missouri 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?

Run Copper Thematic Idea Now

Copper
Copper Theme
Companies involved in production of copper. The Copper theme has 45 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Copper Theme or any other thematic opportunities.
View All  Next Launch

Other Information on Investing in Nuveen Fund

To fully project Nuveen Missouri's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Nuveen Missouri Quality 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 Missouri's income statement, its balance sheet, and the statement of cash flows.
Potential Nuveen Missouri investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Nuveen Missouri investors may work on each financial statement separately, they are all related. The changes in Nuveen Missouri's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Nuveen Missouri's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Bonds Directory
Find actively traded corporate debentures issued by US companies
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges