Nuveen Municipal Credit Fund Price on November 29, 2024
| NMCO Fund | USD 11.24 0.07 0.63% |
Below is the normalized historical share price chart for Nuveen Municipal Credit extending back to September 17, 2019. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Nuveen Municipal stands at 11.24, as last reported on the 2nd of March, with the highest price reaching 11.26 and the lowest price hitting 11.13 during the day.
If you're considering investing in Nuveen Fund, it is important to understand the factors that can impact its price. As of now, Nuveen Fund is very steady. Nuveen Municipal Credit has Sharpe Ratio of 0.0382, which conveys that the entity had a 0.0382 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Nuveen Municipal, which you can use to evaluate the volatility of the fund. Please verify Nuveen Municipal's Downside Deviation of 0.6354, mean deviation of 0.4691, and Risk Adjusted Performance of 0.067 to check out if the risk estimate we provide is consistent with the expected return of 0.0222%.
Nuveen Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Nuveen |
Sharpe Ratio = 0.0382
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| Negative Returns | NMCO |
Estimated Market Risk
| 0.58 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Nuveen Municipal is performing at about 3% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Nuveen Municipal by adding it to a well-diversified portfolio.
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Nuveen Municipal Valuation on November 29, 2024
It is possible to determine the worth of Nuveen Municipal on a given historical date. On November 29, 2024 Nuveen was worth 11.04 at the beginning of the trading date compared to the closed value of 11.11. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nuveen Municipal fund. Still, in general, we apply an absolute valuation method to find Nuveen Municipal's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Nuveen Municipal where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nuveen Municipal's related companies.
| Open | High | Low | Close | Volume | |
| 10.87 | 11.02 | 10.86 | 11.00 | 366,000 | |
11/29/2024 | 11.04 | 11.11 | 11.03 | 11.11 | 70,100 |
| 11.11 | 11.14 | 11.05 | 11.10 | 268,000 |
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Nuveen Municipal Trading Date Momentum on November 29, 2024
| On December 02 2024 Nuveen Municipal Credit was traded for 11.10 at the closing time. The top price for the day was 11.14 and the lowest listed price was 11.05 . The trading volume for the day was 268 K. The trading history from December 2, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.09% . The trading delta at closing time against the current closing price is 1.08% . |
Nuveen Municipal Credit Fundamentals Correlations and Trends
By evaluating Nuveen Municipal's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Nuveen Municipal's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nuveen financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Nuveen Municipal Fund history
Nuveen Municipal investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Nuveen is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nuveen Municipal Credit will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Nuveen Municipal stock prices may prove useful in developing a viable investing in Nuveen Municipal
Nuveen Municipal Fund Technical Analysis
Nuveen Municipal technical fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Nuveen Municipal Period Price Range
Low | March 2, 2025
| High |
0.00 | 0.00 |
Nuveen Municipal Credit cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Nuveen Municipal March 2, 2025 Market Strength
Market strength indicators help investors to evaluate how Nuveen Municipal fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nuveen Municipal shares will generate the highest return on investment. By undertsting and applying Nuveen Municipal fund market strength indicators, traders can identify Nuveen Municipal Credit entry and exit signals to maximize returns
Nuveen Municipal Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nuveen Municipal's price direction in advance. Along with the technical and fundamental analysis of Nuveen Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nuveen to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.067 | |||
| Jensen Alpha | 0.0521 | |||
| Total Risk Alpha | 0.0655 | |||
| Sortino Ratio | 0.1097 | |||
| Treynor Ratio | 0.1989 |
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Other Information on Investing in Nuveen Fund
Nuveen Municipal 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 Municipal security.
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