Nuveen Floating Rate Fund Debt To Equity
Nuveen Floating Rate fundamentals help investors to digest information that contributes to Nuveen Floating's financial success or failures. It also enables traders to predict the movement of Nuveen Fund. The fundamental analysis module provides a way to measure Nuveen Floating'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 Floating fund.
Nuveen |
Nuveen Floating Rate Fund Debt To Equity Analysis
Nuveen Floating's Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.
Current Nuveen Floating Debt To Equity | 0.63 % |
Most of Nuveen Floating's fundamental indicators, such as Debt To Equity, 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 Floating Rate is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.
CompetitionNuveen Floating Debt To Equity Component Assessment
According to the company disclosure, Nuveen Floating Rate has a Debt To Equity of 0.628%. This is 98.09% lower than that of the Financial Services family and 99.06% lower than that of the Asset Management category. The debt to equity for all United States funds is 98.71% higher than that of the company.
Nuveen Debt To Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nuveen Floating's direct or indirect competition against its Debt To Equity to detect undervalued stocks with similar characteristics or determine the funds which would be a good addition to a portfolio. Peer analysis of Nuveen Floating could also be used in its relative valuation, which is a method of valuing Nuveen Floating by comparing valuation metrics of similar companies.Nuveen Floating is currently under evaluation in debt to equity among similar funds.
Nuveen Fundamentals
| Return On Equity | -2.65 | |||
| Return On Asset | 2.39 | |||
| Profit Margin | (33.43) % | |||
| Operating Margin | 81.92 % | |||
| Current Valuation | 548.67 M | |||
| Shares Outstanding | 40.54 M | |||
| Shares Owned By Insiders | 0.02 % | |||
| Shares Owned By Institutions | 33.78 % | |||
| Number Of Shares Shorted | 56.22 K | |||
| Price To Earning | 9.31 X | |||
| Price To Book | 0.81 X | |||
| Price To Sales | 10.59 X | |||
| Revenue | 31.52 M | |||
| Gross Profit | 31.52 M | |||
| Net Income | (10.53 M) | |||
| Cash And Equivalents | 4.3 M | |||
| Cash Per Share | 0.11 X | |||
| Total Debt | 237.16 M | |||
| Debt To Equity | 0.63 % | |||
| Current Ratio | 0.97 X | |||
| Book Value Per Share | 10.11 X | |||
| Cash Flow From Operations | 33.55 M | |||
| Short Ratio | 0.46 X | |||
| Earnings Per Share | (0.15) X | |||
| Number Of Employees | 23 | |||
| Beta | 0.56 | |||
| Market Capitalization | 333.69 M | |||
| Total Asset | 393.6 M | |||
| Retained Earnings | (129.9 M) | |||
| Z Score | 0.6 | |||
| Five Year Return | 7.55 % | |||
| Last Dividend Paid | 0.79 |
Pair Trading with Nuveen Floating
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Nuveen Floating position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Nuveen Floating will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Procter Gamble could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Procter Gamble when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Procter Gamble - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Procter Gamble to buy it.
The correlation of Procter Gamble is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Procter Gamble moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Procter Gamble moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Procter Gamble can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any fund could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Other Consideration for investing in Nuveen Fund
If you are still planning to invest in Nuveen Floating Rate check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Nuveen Floating's history and understand the potential risks before investing.
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Fundamental Analysis View fundamental data based on most recent published financial statements |