Nuveen Massachusetts Valuation

NBMAX Fund  USD 9.36  0.01  0.11%   
At this time, the fund appears to be overvalued. Nuveen Massachusetts secures a last-minute Real Value of $9.02 per share. The latest price of the fund is $9.36. We determine the value of Nuveen Massachusetts 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
9.36
Please note that Nuveen Massachusetts' price fluctuation is very steady at this time. At this time, the fund appears to be overvalued. Nuveen Massachusetts secures a last-minute Real Value of $9.02 per share. The latest price of the fund is $9.36. We determine the value of Nuveen Massachusetts 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 Massachusetts is currently traded on the exchange, buyers and sellers on that exchange determine the market value of NUVEEN Mutual Fund. However, Nuveen Massachusetts' 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  9.36 Real  9.02 Hype  9.36 Naive  9.35
The intrinsic value of Nuveen Massachusetts' 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 Massachusetts' 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.
9.02
Real Value
10.30
Upside
Estimating the potential upside or downside of Nuveen Massachusetts 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 Massachusetts more accurately as focusing exclusively on Nuveen Massachusetts' fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
9.239.309.37
Details
Hype
Prediction
LowEstimatedHigh
9.149.369.58
Details
Naive
Forecast
LowNext ValueHigh
9.139.359.57
Details

Nuveen Massachusetts Total Value Analysis

Nuveen Massachusetts Municipal is now forecasted 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 Massachusetts fundamentals before making investing decisions based on enterprise value of the company

Nuveen Massachusetts 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 Massachusetts Valuation

Our relative valuation model uses a comparative analysis of Nuveen Massachusetts. We calculate exposure to Nuveen Massachusetts's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Nuveen Massachusetts's related companies.
The fund normally invests at least 80 percent of the sum of its net assets and the amount of any borrowings for investment purposes in municipal bonds that pay interest that is exempt from regular federal and Massachusetts personal income tax. 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.

Other Information on Investing in NUVEEN Mutual Fund

Nuveen Massachusetts 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 Massachusetts security.
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance