Nuveen New Valuation
NNY Fund | USD 8.37 0.02 0.24% |
At this time, the fund appears to be fairly valued. Nuveen New York secures a last-minute Real Value of $8.38 per share. The latest price of the fund is $8.37. We determine the value of Nuveen New York from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued funds and dropping overvalued funds since, at some point, fund prices and their ongoing real values will merge together.
Fairly Valued
Today
Please note that Nuveen New's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Nuveen New York secures a last-minute Real Value of $8.38 per share. The latest price of the fund is $8.37. We determine the value of Nuveen New York from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued funds and dropping overvalued funds since, at some point, fund prices and their ongoing real values will merge together.
Since Nuveen New is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Nuveen Fund. However, Nuveen New'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 8.37 | Real 8.38 | Hype 8.37 | Naive 8.34 |
The intrinsic value of Nuveen New'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 New'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 New York helps investors to forecast how Nuveen 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 New more accurately as focusing exclusively on Nuveen New's fundamentals will not take into account other important factors: Nuveen New Total Value Analysis
Nuveen New York is now estimated to have company total value of 148.71 M with market capitalization of 170.16 M, debt of 0, and cash on hands of 3.52 M. Please note that company total value may be misleading and is a subject to accounting gimmicks. We encourage investors to carefully check all of the Nuveen New fundamentals before making security assessment based on enterprise value of the companyTakeover Price | Market Cap | Debt Obligations | Cash |
148.71 M | 170.16 M | 0 | 3.52 M |
Nuveen New Investor Information
The fund last dividend was 0.31 per share. Based on the key measurements obtained from Nuveen New's financial statements, Nuveen New York is not in a good financial situation at this time. It has a very high probability of going through financial hardship in December.Nuveen New Asset Utilization
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Nuveen New has an asset utilization ratio of 4.16 percent. This suggests that the Fund is making $0.0416 for each dollar of assets. An increasing asset utilization means that Nuveen New York is more efficient with each dollar of assets it utilizes for everyday operations.Nuveen New Ownership Allocation
Nuveen New York maintains a total of 18.89 Million outstanding shares. Roughly 79.51 % of Nuveen New outstanding shares are held by general public with 20.49 % by institutional investors. Please note that no matter how many assets the company has, if the real value of the fund is less than the current market value, you may not be able to make money on it.Nuveen New Profitability Analysis
The company reported the last year's revenue of 5.93 M. Reported Net Loss for the year was (102.05 K) with profit before taxes, overhead, and interest of 5.93 M.Nuveen New Past Distributions to stockholders
About Nuveen New Valuation
Our relative valuation model uses a comparative analysis of Nuveen New. We calculate exposure to Nuveen New's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Nuveen New's related companies.Nuveen New York Municipal Value Fund, Inc. 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 New York. The fund invests in tax exempt municipal bonds, with a rating of BaaBBB or higher. It employs fundamental analysis, with bottom-up stock picking approach, to create its portfolio. The fund benchmarks the performance of its portfolio against the Standard Poors New York Municipal Bond Index and Standard Poors National Municipal Bond Index. Nuveen New York Municipal Value Fund, Inc. was formed on October 7, 1987 and is domiciled in the United States.
A single share of Nuveen New represents a small ownership stake in the entity. As a stockholder of Nuveen, your percentage of company ownership is determined by dividing the number of shares you own by the total number of shares outstanding and then multiplying that amount by 100. Owning stock in a company generally confers both corporate voting rights and income from any dividends paid to the stock owner.
Nuveen New Dividends Analysis For Valuation
Please note that Nuveen New has scaled down on payment of dividends at this time.
There are various types of dividends Nuveen New can pay to its shareholders, and the actual value of the dividend is determined on a per-share basis. It is to be paid equally to all of Nuveen shareholders on a specific date, known as the payable date. The cash dividend is the most common type of dividend payment - it is the payment of actual cash from Nuveen New York directly to its shareholders. There are other types of dividends that companies can issue, such as stock dividends or asset dividends. When Nuveen pays a dividend, it has no impact on its enterprise value. It does, however, lowers the Equity Value of Nuveen New by the value of the dividends paid out.
Other Information on Investing in Nuveen Fund
Nuveen New financial ratios help investors to determine whether Nuveen 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 New security.
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