Nuveen Select Tax Free Stock Annual Yield
NXP Stock | USD 14.95 0.04 0.27% |
Nuveen Select Tax Free fundamentals help investors to digest information that contributes to Nuveen Select's financial success or failures. It also enables traders to predict the movement of Nuveen Stock. The fundamental analysis module provides a way to measure Nuveen Select'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 Select stock.
Nuveen | Annual Yield |
Nuveen Select Tax Free Company Annual Yield Analysis
Nuveen Select's Yield generally refers to the amount of cash that is paid back to the owner of a security over a specific time (usually one year). It is expressed as a percentage of current market price, and usually amounts to all the interests and/or dividends paid over a given period. A higher yield allows the shareholders to generate returns on their investments sooner. However, investors should also be aware that a high yield may be a result of market turmoil or increased price volatility.
Current Nuveen Select Annual Yield | 0.04 % |
Most of Nuveen Select's fundamental indicators, such as Annual Yield, 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 Select Tax Free is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Nuveen Annual Yield Driver Correlations
Understanding the fundamental principles of building solid financial models for Nuveen Select is extremely important. It helps to project a fair market value of Nuveen Stock properly, considering its historical fundamentals such as Annual Yield. Since Nuveen Select's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Nuveen Select's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Nuveen Select's interrelated accounts and indicators.
Click cells to compare fundamentals
Small firms, start-ups, or companies with high growth potential typically do not pay out dividends or distribute a lot of their profits. These companies will have small yield. Alternatively, more established companies, ETFs, and funds that invest in bonds will have higher yields.
Competition |
In accordance with the recently published financial statements, Nuveen Select Tax Free has an Annual Yield of 0.0417%. This is much higher than that of the Capital Markets sector and significantly higher than that of the Financials industry. The annual yield for all United States stocks is notably lower than that of the firm.
Nuveen Annual Yield Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nuveen Select's direct or indirect competition against its Annual Yield to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Nuveen Select could also be used in its relative valuation, which is a method of valuing Nuveen Select by comparing valuation metrics of similar companies.Nuveen Select is currently under evaluation in annual yield category among its peers.
Nuveen Fundamentals
Return On Equity | 0.0454 | ||||
Return On Asset | 0.0256 | ||||
Profit Margin | 1.04 % | ||||
Operating Margin | 0.95 % | ||||
Current Valuation | 716.4 M | ||||
Shares Outstanding | 47.94 M | ||||
Shares Owned By Institutions | 16.84 % | ||||
Number Of Shares Shorted | 34.11 K | ||||
Price To Earning | 23.34 X | ||||
Price To Book | 1.02 X | ||||
Price To Sales | 23.81 X | ||||
Revenue | 30.18 M | ||||
Gross Profit | 25.47 M | ||||
EBITDA | 31.42 M | ||||
Net Income | 31.4 M | ||||
Cash And Equivalents | 1.32 M | ||||
Cash Per Share | 0.03 X | ||||
Total Debt | 49.63 K | ||||
Current Ratio | 3.96 X | ||||
Book Value Per Share | 14.65 X | ||||
Short Ratio | 0.45 X | ||||
Earnings Per Share | 0.66 X | ||||
Beta | 0.34 | ||||
Market Capitalization | 718.59 M | ||||
Total Asset | 713.21 M | ||||
Retained Earnings | 30.35 M | ||||
Annual Yield | 0.04 % | ||||
Five Year Return | 3.56 % | ||||
Net Asset | 713.21 M | ||||
Last Dividend Paid | 0.58 |
About Nuveen Select Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Nuveen Select Tax Free's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nuveen Select using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nuveen Select Tax Free based on its fundamental data. In general, a quantitative approach, as applied to this company, 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.
Pair Trading with Nuveen Select
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 Select 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 Select will appreciate offsetting losses from the drop in the long position's value.Moving against Nuveen Stock
0.61 | MS | Morgan Stanley Fiscal Year End 21st of January 2025 | PairCorr |
0.6 | COF | Capital One Financial Fiscal Year End 23rd of January 2025 | PairCorr |
0.58 | DFS | Discover Financial Fiscal Year End 15th of January 2025 | PairCorr |
0.58 | AX | Axos Financial | PairCorr |
0.58 | BY | Byline Bancorp Fiscal Year End 23rd of January 2025 | PairCorr |
The ability to find closely correlated positions to Nuveen Select could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nuveen Select 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 Nuveen Select - 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 Nuveen Select Tax Free to buy it.
The correlation of Nuveen Select 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 Nuveen Select moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nuveen Select Tax 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 Nuveen Select 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.Additional Tools for Nuveen Stock Analysis
When running Nuveen Select's price analysis, check to measure Nuveen Select's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nuveen Select is operating at the current time. Most of Nuveen Select's value examination focuses on studying past and present price action to predict the probability of Nuveen Select's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nuveen Select's price. Additionally, you may evaluate how the addition of Nuveen Select to your portfolios can decrease your overall portfolio volatility.