Nuveen Dividend Advantage Fund Current Valuation

NAD Fund  USD 12.33  0.01  0.08%   
Valuation analysis of Nuveen Dividend Advantage helps investors to measure Nuveen Dividend's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns.
Fairly Valued
Today
12.33
Please note that Nuveen Dividend's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Nuveen Dividend Advantage secures a last-minute Real Value of $12.26 per share. The latest price of the fund is $12.33. We determine the value of Nuveen Dividend Advantage from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend purchasing undervalued funds and exiting overvalued funds since, at some point, fund prices and their ongoing real values will merge together.
The fair value of the Nuveen fund is determined by what a typical buyer is willing to pay for full or partial control of Nuveen Dividend Advantage. Since Nuveen Dividend is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Nuveen Fund. However, Nuveen Dividend'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  12.33 Real  12.26 Hype  12.33 Naive  12.39
The real value of Nuveen Fund, also known as its intrinsic value, is the underlying worth of Nuveen Dividend Advantage Fund, which is reflected in its stock price. It is based on Nuveen Dividend's financial performance, growth prospects, management team, or industry conditions. The intrinsic value of Nuveen Dividend'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, or news.
12.26
Real Value
12.81
Upside
Estimating the potential upside or downside of Nuveen Dividend Advantage 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 Dividend more accurately as focusing exclusively on Nuveen Dividend's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
12.0212.1612.31
Details
Hype
Prediction
LowEstimatedHigh
11.7812.3312.88
Details
Naive
Forecast
LowNext ValueHigh
11.8412.3912.94
Details

Nuveen Dividend Advantage Fund Current Valuation Analysis

Nuveen Dividend's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.

Enterprise Value

 = 

Market Cap + Debt

-

Cash

More About Current Valuation | All Equity Analysis

Current Nuveen Dividend Current Valuation

    
  4.63 B  
Most of Nuveen Dividend's fundamental indicators, such as Current Valuation, 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 Dividend Advantage is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Competition

In accordance with the recently published financial statements, Nuveen Dividend Advantage has a Current Valuation of 4.63 B. This is much higher than that of the Financial Services family and significantly higher than that of the Asset Management category. The current valuation for all United States funds is notably lower than that of the firm.

Nuveen Current Valuation Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nuveen Dividend's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the funds which would be a good addition to a portfolio. Peer analysis of Nuveen Dividend could also be used in its relative valuation, which is a method of valuing Nuveen Dividend by comparing valuation metrics of similar companies.
Nuveen Dividend is currently under evaluation in current valuation among similar funds.

Nuveen Fundamentals

About Nuveen Dividend Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Nuveen Dividend Advantage's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nuveen Dividend using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nuveen Dividend Advantage based on its fundamental data. In general, a quantitative approach, as applied to this fund, 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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Nuveen Fund

Nuveen Dividend 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 Dividend security.
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