Nuveen Interest Income vs Other Operating Expenses Analysis
| NPCT Stock | USD 11.36 0.05 0.44% |
Nuveen Core financial indicator trend analysis is infinitely more than just investigating Nuveen Core Plus recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nuveen Core Plus is a good investment. Please check the relationship between Nuveen Core Interest Income and its Other Operating Expenses accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nuveen Core Plus. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
Interest Income vs Other Operating Expenses
Interest Income vs Other Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nuveen Core Plus Interest Income account and Other Operating Expenses. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Nuveen Core's Interest Income and Other Operating Expenses is -0.61. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of Nuveen Core Plus, assuming nothing else is changed. The correlation between historical values of Nuveen Core's Interest Income and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Income of Nuveen Core Plus are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Interest Income i.e., Nuveen Core's Interest Income and Other Operating Expenses go up and down completely randomly.
Correlation Coefficient | -0.61 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Interest Income
Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Nuveen Core Plus. It is also known as Nuveen Core overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most indicators from Nuveen Core's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nuveen Core Plus current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nuveen Core Plus. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. At this time, Nuveen Core's Sales General And Administrative To Revenue is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 6.31 in 2024, whereas Enterprise Value is likely to drop slightly above 359.1 M in 2024.
| 2010 | 2023 | 2024 (projected) | Interest Income | 29.4M | 28.1M | 23.0M | Net Interest Income | 23.8M | 15.3M | 15.7M |
Nuveen Core fundamental ratios Correlations
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Nuveen Core Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Nuveen Core's price analysis, check to measure Nuveen Core'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 Core is operating at the current time. Most of Nuveen Core's value examination focuses on studying past and present price action to predict the probability of Nuveen Core'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 Core's price. Additionally, you may evaluate how the addition of Nuveen Core to your portfolios can decrease your overall portfolio volatility.