Nuveen Ohio Valuation
FAFMX Fund | USD 10.85 0.02 0.18% |
At this time, the fund appears to be overvalued. Nuveen Ohio Municipal secures a last-minute Real Value of $10.31 per share. The latest price of the fund is $10.85. We determine the value of Nuveen Ohio 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.
Overvalued
Today
Please note that Nuveen Ohio's price fluctuation is very steady at this time. At this time, the fund appears to be overvalued. Nuveen Ohio Municipal secures a last-minute Real Value of $10.31 per share. The latest price of the fund is $10.85. We determine the value of Nuveen Ohio 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 Ohio is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Nuveen Mutual Fund. However, Nuveen Ohio's 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 10.85 | Real 10.31 | Hype 10.85 | Naive 10.86 |
The intrinsic value of Nuveen Ohio's 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 Ohio's 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 Ohio 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 Ohio more accurately as focusing exclusively on Nuveen Ohio's fundamentals will not take into account other important factors: Nuveen Ohio Total Value Analysis
Nuveen Ohio Municipal is currently expected to have takeover price of 0 with market capitalization of 0, debt of , and cash on hands of . Please note that takeover price may be misleading and is a subject to mistakes in financial statements. We encourage investors to thoroughly investigate all of the Nuveen Ohio fundamentals before making investing decisions based on enterprise value of the companyNuveen Ohio Asset Utilization
The concept of asset utilization usually refers to the revenue earned for every dollar of assets a company currently reports. The current return on assets of Nuveen suggests not a very effective usage of assets in November.About Nuveen Ohio Valuation
Our relative valuation model uses a comparative analysis of Nuveen Ohio. We calculate exposure to Nuveen Ohio's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Nuveen Ohio's related companies.Under normal market conditions, the fund 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. It 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.
Other Information on Investing in Nuveen Mutual Fund
Nuveen Ohio 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 Ohio security.
Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities |