Nuveen Massachusetts Quality Fund Manager Performance Evaluation
| NMT Fund | USD 11.73 0.04 0.34% |
The fund secures a Beta (Market Risk) of 0.0749, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Nuveen Massachusetts' returns are expected to increase less than the market. However, during the bear market, the loss of holding Nuveen Massachusetts is expected to be smaller as well.
Risk-Adjusted Performance
OK
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Nuveen Massachusetts Quality are ranked lower than 7 (%) of all funds and portfolios of funds over the last 90 days. In spite of comparatively stable primary indicators, Nuveen Massachusetts is not utilizing all of its potentials. The newest stock price uproar, may contribute to short-horizon losses for the private investors.
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Nuveen |
Nuveen Massachusetts Relative Risk vs. Return Landscape
If you would invest 1,141 in Nuveen Massachusetts Quality on December 17, 2024 and sell it today you would earn a total of 32.00 from holding Nuveen Massachusetts Quality or generate 2.8% return on investment over 90 days. Nuveen Massachusetts Quality is generating 0.0473% of daily returns assuming volatility of 0.4825% on return distribution over 90 days investment horizon. In other words, 4% of funds are less volatile than Nuveen, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Nuveen Massachusetts Current Valuation
Undervalued
Today
Please note that Nuveen Massachusetts' price fluctuation is very steady at this time. At this time, the fund appears to be undervalued. Nuveen Massachusetts secures a last-minute Real Value of $12.13 per share. The latest price of the fund is $11.73. 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 funds and selling overvalued funds since, at some point, fund prices and their ongoing real values will merge together.
Nuveen Massachusetts' intrinsic value may or may not be the same as its current market price of 11.73, 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 11.73 | Real 12.13 | Hype 11.73 | Naive 11.62 |
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.
Estimating the potential upside or downside of Nuveen Massachusetts Quality 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 Massachusetts more accurately as focusing exclusively on Nuveen Massachusetts' fundamentals will not take into account other important factors: Nuveen Massachusetts Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nuveen Massachusetts' investment risk. Standard deviation is the most common way to measure market volatility of funds, such as Nuveen Massachusetts Quality, and traders can use it to determine the average amount a Nuveen Massachusetts' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0979
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | NMT |
Estimated Market Risk
| 0.48 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Nuveen Massachusetts is performing at about 7% 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 Massachusetts by adding it to a well-diversified portfolio.
Nuveen Massachusetts Fundamentals Growth
Nuveen Fund prices reflect investors' perceptions of the future prospects and financial health of Nuveen Massachusetts, and Nuveen Massachusetts fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Nuveen Fund performance.
| Return On Equity | -13.62 | ||||
| Return On Asset | 1.65 | ||||
| Profit Margin | (259.88) % | ||||
| Operating Margin | 79.03 % | ||||
| Current Valuation | 161.19 M | ||||
| Shares Outstanding | 9.32 M | ||||
| Price To Earning | 13.62 X | ||||
| Price To Book | 0.72 X | ||||
| Price To Sales | 14.71 X | ||||
| Revenue | 6.91 M | ||||
| Cash And Equivalents | 7.45 M | ||||
| Cash Per Share | 0.80 X | ||||
| Total Debt | 73.76 M | ||||
| Debt To Equity | 0.61 % | ||||
| Book Value Per Share | 15.21 X | ||||
| Cash Flow From Operations | 13.26 M | ||||
| Earnings Per Share | 0.80 X | ||||
| Total Asset | 100.12 M | ||||
| Retained Earnings | (2.89 M) | ||||
About Nuveen Massachusetts Performance
Assessing Nuveen Massachusetts' fundamental ratios provides investors with valuable insights into Nuveen Massachusetts' financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Nuveen Massachusetts is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Nuveen Massachusetts 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 Massachusetts, United States. The fund primarily invests in undervalued municipal securities and other related investments which are exempt from regular federal and Massachusetts income taxes. It seeks to invest in investment grade securities that are rated BaaBBB or above by SP, Moodys, or Fitch. 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 the Standard Poors Massachusetts Municipal Bond Index and Standard Poors National Municipal Bond Index. The fund was formerly known as Nuveen Massachusetts Premium Income Municipal Fund. Nuveen Massachusetts Quality Municipal Income Fund was formed on January 12, 1993 and is domiciled in the United States.Things to note about Nuveen Massachusetts performance evaluation
Checking the ongoing alerts about Nuveen Massachusetts for important developments is a great way to find new opportunities for your next move. Fund alerts and notifications screener for Nuveen Massachusetts help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Nuveen Massachusetts generated five year return of 0.0% |
- Analyzing Nuveen Massachusetts' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Nuveen Massachusetts' stock is overvalued or undervalued compared to its peers.
- Examining Nuveen Massachusetts' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Nuveen Massachusetts' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nuveen Massachusetts' management team can help you assess the Fund's leadership.
- Pay attention to analyst opinions and ratings of Nuveen Massachusetts' fund. These opinions can provide insight into Nuveen Massachusetts' potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Nuveen Fund
Nuveen Massachusetts 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 Massachusetts security.
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