Nuveen California Select Stock Performance
| NXC Stock | USD 13.07 0.02 0.15% |
The company secures a Beta (Market Risk) of 0.22, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Nuveen California's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nuveen California is expected to be smaller as well. At this point, Nuveen California Select has a negative expected return of -0.0645%. Please make sure to verify Nuveen California's value at risk, daily balance of power, as well as the relationship between the Daily Balance Of Power and period momentum indicator , to decide if Nuveen California Select performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Nuveen California Select has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound basic indicators, Nuveen California is not utilizing all of its potentials. The recent stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
| Nuveen California dividend paid on 2nd of December 2024 | 12/02/2024 |
Nuveen |
Nuveen California Relative Risk vs. Return Landscape
If you would invest 1,359 in Nuveen California Select on November 27, 2024 and sell it today you would lose (51.70) from holding Nuveen California Select or give up 3.8% of portfolio value over 90 days. Nuveen California Select is generating negative expected returns assuming volatility of 0.5054% on return distribution over 90 days investment horizon. In other words, 4% of stocks 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 California Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nuveen California's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Nuveen California Select, and traders can use it to determine the average amount a Nuveen California'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 = -0.1275
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| Negative Returns | NXC |
Estimated Market Risk
| 0.51 actual daily | 4 96% of assets are more volatile |
Expected Return
| -0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Nuveen California 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 California by adding Nuveen California to a well-diversified portfolio.
Nuveen California Fundamentals Growth
Nuveen Stock prices reflect investors' perceptions of the future prospects and financial health of Nuveen California, and Nuveen California 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 Stock performance.
| Return On Equity | 0.0579 | ||||
| Return On Asset | 0.0239 | ||||
| Profit Margin | 1.38 % | ||||
| Operating Margin | 0.92 % | ||||
| Current Valuation | 82.34 M | ||||
| Shares Outstanding | 6.36 M | ||||
| Price To Earning | 22.54 X | ||||
| Price To Book | 0.94 X | ||||
| Price To Sales | 22.46 X | ||||
| Revenue | 3.7 M | ||||
| EBITDA | 5.1 M | ||||
| Cash And Equivalents | 216.34 K | ||||
| Cash Per Share | 0.03 X | ||||
| Total Debt | 375.24 K | ||||
| Debt To Equity | 0.01 % | ||||
| Book Value Per Share | 13.91 X | ||||
| Earnings Per Share | 0.85 X | ||||
| Total Asset | 89.34 M | ||||
| Retained Earnings | 355.14 K | ||||
About Nuveen California Performance
By analyzing Nuveen California's fundamental ratios, stakeholders can gain valuable insights into Nuveen California's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Nuveen California has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Nuveen California has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Nuveen California Select Tax-Free Income Portfolio is a closed-ended fixed income mutual fund launched by Nuveen Investments Inc. Nuveen California Select Tax-Free Income Portfolio was formed on June 19, 1992 and is domiciled in the United States. Nuveen California is traded on New York Stock Exchange in the United States.Things to note about Nuveen California Select performance evaluation
Checking the ongoing alerts about Nuveen California for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Nuveen California Select help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Nuveen California generated a negative expected return over the last 90 days |
- Analyzing Nuveen California'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 California's stock is overvalued or undervalued compared to its peers.
- Examining Nuveen California'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 California's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nuveen California's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Nuveen California's stock. These opinions can provide insight into Nuveen California's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Nuveen Stock analysis
When running Nuveen California's price analysis, check to measure Nuveen California'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 California is operating at the current time. Most of Nuveen California's value examination focuses on studying past and present price action to predict the probability of Nuveen California'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 California's price. Additionally, you may evaluate how the addition of Nuveen California to your portfolios can decrease your overall portfolio volatility.
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