Nuveen Ohio Quality Manager Performance
| NUODelisted Fund | USD 14.74 0.00 0.00% |
The fund secures a Beta (Market Risk) of 0.0, which conveys not very significant fluctuations relative to the market. the returns on MARKET and Nuveen Ohio are completely uncorrelated.
Risk-Adjusted Performance
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Very Weak
Over the last 90 days Nuveen Ohio Quality has generated negative risk-adjusted returns adding no value to fund investors. In spite of very healthy basic indicators, Nuveen Ohio is not utilizing all of its potentials. The latest stock price disarray, may contribute to short-term losses for the investors.
...more| Quick Ratio | 4.35 | |
| Fifty Two Week Low | 11.56 | |
| Fifty Two Week High | 16.30 | |
| Trailing Annual Dividend Yield | 4.69% |
Nuveen |
Nuveen Ohio Relative Risk vs. Return Landscape
If you would invest (100.00) in Nuveen Ohio Quality on October 11, 2024 and sell it today you would earn a total of 100.00 from holding Nuveen Ohio Quality or generate -100.0% return on investment over 90 days. Nuveen Ohio Quality is generating negative expected returns assuming volatility of 0.0% on return distribution over 90 days investment horizon. In other words, 0% of funds are less volatile than Nuveen, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Nuveen Ohio Current Valuation
Overvalued
Today
Please note that Nuveen Ohio's price fluctuation is very steady at this time. At this time, the fund appears to be overvalued. Nuveen Ohio Quality secures a last-minute Real Value of $13.37 per share. The latest price of the fund is $14.74. We determine the value of Nuveen Ohio Quality from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend obtaining undervalued funds and abandoning overvalued funds since, at some point, fund prices and their ongoing real values will merge together.
Since Nuveen Ohio is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Nuveen Fund. However, Nuveen Ohio'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 14.74 | Real 13.37 | Hype 14.74 | Naive 14.76 |
The intrinsic value of Nuveen Ohio'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, news, and other external factors that may influence Nuveen Ohio's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Nuveen Ohio Quality 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 Ohio more accurately as focusing exclusively on Nuveen Ohio's fundamentals will not take into account other important factors: Nuveen Ohio Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nuveen Ohio's investment risk. Standard deviation is the most common way to measure market volatility of funds, such as Nuveen Ohio Quality, and traders can use it to determine the average amount a Nuveen Ohio's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0
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Based on monthly moving average Nuveen Ohio is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Nuveen Ohio by adding Nuveen Ohio to a well-diversified portfolio.
Nuveen Ohio Fundamentals Growth
Nuveen Fund prices reflect investors' perceptions of the future prospects and financial health of Nuveen Ohio, and Nuveen Ohio fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Nuveen Fund performance.
| Return On Equity | -0.99 | |||
| Return On Asset | 1.62 | |||
| Profit Margin | (19.77) % | |||
| Operating Margin | 79.87 % | |||
| Current Valuation | 383.34 M | |||
| Shares Outstanding | 18.32 M | |||
| Price To Earning | 17.82 X | |||
| Price To Book | 0.72 X | |||
| Price To Sales | 14.81 X | |||
| Revenue | 15.56 M | |||
| Cash And Equivalents | 954.64 K | |||
| Cash Per Share | 0.05 X | |||
| Total Debt | 167.79 M | |||
| Debt To Equity | 0.55 % | |||
| Book Value Per Share | 17.59 X | |||
| Cash Flow From Operations | 12.16 M | |||
| Earnings Per Share | 0.71 X | |||
| Total Asset | 219.53 M | |||
| Retained Earnings | (6.03 M) | |||
About Nuveen Ohio Performance
By examining Nuveen Ohio's fundamental ratios, stakeholders can obtain critical insights into Nuveen Ohio's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Nuveen Ohio is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Nuveen Ohio Quality Municipal Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc. Nuveen Ohio Quality Municipal Income Fund was formed on October 17, 1991 and is domiciled in the United States. Nuveen Ohio is traded on New York Stock Exchange in the United States.Things to note about Nuveen Ohio Quality performance evaluation
Checking the ongoing alerts about Nuveen Ohio for important developments is a great way to find new opportunities for your next move. Fund alerts and notifications screener for Nuveen Ohio Quality help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Nuveen Ohio Quality is not yet fully synchronised with the market data | |
| Nuveen Ohio Quality has a very high chance of going through financial distress in the upcoming years |
- Analyzing Nuveen Ohio's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Nuveen Ohio's stock is overvalued or undervalued compared to its peers.
- Examining Nuveen Ohio's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Nuveen Ohio's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nuveen Ohio's management team can help you assess the Fund's leadership.
- Pay attention to analyst opinions and ratings of Nuveen Ohio's fund. These opinions can provide insight into Nuveen Ohio's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Correlation 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 employment. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Other Consideration for investing in Nuveen Fund
If you are still planning to invest in Nuveen Ohio Quality 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 Ohio's history and understand the potential risks before investing.
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