Nuveen Mortgage Opportunity Etf Fundamentals
| JLS Etf | USD 18.25 0.06 0.33% |
Nuveen Mortgage Opportunity fundamentals help investors to digest information that contributes to Nuveen Mortgage's financial success or failures. It also enables traders to predict the movement of Nuveen Etf. The fundamental analysis module provides a way to measure Nuveen Mortgage's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Nuveen Mortgage etf.
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Nuveen Mortgage Opportunity ETF Beta Analysis
Nuveen Mortgage's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Nuveen Mortgage Beta | 0.15 |
Most of Nuveen Mortgage's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Nuveen Mortgage Opportunity is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
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In accordance with the recently published financial statements, Nuveen Mortgage Opportunity has a Beta of 0.15. This is much higher than that of the Financial Services family and significantly higher than that of the Asset Management category. The beta for all United States etfs is notably lower than that of the firm.
Nuveen Mortgage Oppo Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Nuveen Mortgage's current stock value. Our valuation model uses many indicators to compare Nuveen Mortgage value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nuveen Mortgage competition to find correlations between indicators driving Nuveen Mortgage's intrinsic value. More Info.Nuveen Mortgage Opportunity is rated below average in price to earning as compared to similar ETFs. It is rated below average in beta as compared to similar ETFs totaling about 0.01 of Beta per Price To Earning. The ratio of Price To Earning to Beta for Nuveen Mortgage Opportunity is roughly 107.20 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Nuveen Mortgage by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Nuveen Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nuveen Mortgage's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Nuveen Mortgage could also be used in its relative valuation, which is a method of valuing Nuveen Mortgage by comparing valuation metrics of similar companies.Nuveen Mortgage is currently under evaluation in beta as compared to similar ETFs.
As returns on the market increase, Nuveen Mortgage's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nuveen Mortgage is expected to be smaller as well.
Nuveen Fundamentals
| Shares Outstanding | 5.49 M | ||||
| Shares Owned By Institutions | 53.97 % | ||||
| Number Of Shares Shorted | 2.19 K | ||||
| Price To Earning | 16.08 X | ||||
| Short Ratio | 0.21 X | ||||
| Earnings Per Share | 0.99 X | ||||
| Number Of Employees | 22 | ||||
| Beta | 0.15 | ||||
| Market Capitalization | 97.46 M | ||||
| Annual Yield | 0.01 % | ||||
| Year To Date Return | 11.85 % | ||||
| One Year Return | 14.31 % | ||||
| Three Year Return | 2.82 % | ||||
| Five Year Return | 2.84 % | ||||
| Last Dividend Paid | 1.0 |
About Nuveen Mortgage Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Nuveen Mortgage Opportunity's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nuveen Mortgage using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nuveen Mortgage Opportunity based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Nuveen Mortgage and 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, Nuveen Asset Management, LLC, and Wellington Management Company LLP. It invests in the fixed income markets of the United States. The fund invests in undervalued mortgage-backed securities consisting primarily of non-agency residential mortgage-backed securities and commercial mortgage-backed securities with a favorable total return potential. It seeks to invest in below investment grade securities. The fund employs fundamental analysis with a focus on bottom-up stock picking approach based on rigorous analysis of the credit performance of the mortgage loan portfolios underlying the MBS, security structure characteristics such as the priority of payment, credit enhancement and default patterns of underlying loans, and the relative financial strength of the mortgage loan servicer to create its portfolio. It benchmarks the performance of its portfolio against Barclays Capital U.S. Aggregate Bond Index. It was formerly known as Nuveen Mortgage Opportunity Term Fund. Nuveen Mortgage and Income Fund was formed on September 10, 2009 and is domiciled in the United States.
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Other Information on Investing in Nuveen Etf
Nuveen Mortgage financial ratios help investors to determine whether Nuveen Etf 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 Mortgage security.