Nuveen Preferred Price To Book vs. One Year Return
JPSDelisted Fund | USD 6.41 0.00 0.00% |
For Nuveen Preferred profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Nuveen Preferred to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Nuveen Preferred Securites utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Nuveen Preferred's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Nuveen Preferred Securites over time as well as its relative position and ranking within its peers.
Nuveen |
Nuveen Preferred Sec One Year Return vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Nuveen Preferred's current stock value. Our valuation model uses many indicators to compare Nuveen Preferred value to that of its competitors to determine the firm's financial worth. Nuveen Preferred Securites is rated below average in price to book among similar funds. It is rated below average in one year return among similar funds reporting about 3.80 of One Year Return per Price To Book. Comparative valuation analysis is a catch-all technique that is used if you cannot value Nuveen Preferred by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Nuveen One Year Return vs. Price To Book
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Nuveen Preferred |
| = | 0.73 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
Nuveen Preferred |
| = | 2.77 % |
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
Nuveen One Year Return Comparison
Nuveen Preferred is currently under evaluation in one year return among similar funds.
Nuveen Preferred Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Nuveen Preferred, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Nuveen Preferred will eventually generate negative long term returns. The profitability progress is the general direction of Nuveen Preferred's change in net profit over the period of time. It can combine multiple indicators of Nuveen Preferred, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Nuveen Preferred Securities Income Fund is a closed-ended fixed income mutual fund launched by Nuveen Investments, Inc. Nuveen Preferred Securities Income Fund was formed on June 24, 2002 and is domiciled in the United States. Nuveen Quality operates under Asset Management classification in the United States and is traded on New York Stock Exchange.
Nuveen Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Nuveen Preferred. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Nuveen Preferred position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Nuveen Preferred's important profitability drivers and their relationship over time.
Use Nuveen Preferred in pair-trading
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 Preferred 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 Preferred will appreciate offsetting losses from the drop in the long position's value.Nuveen Preferred Pair Trading
Nuveen Preferred Securites Pair Trading Analysis
The ability to find closely correlated positions to Nuveen Preferred 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 Preferred 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 Preferred - 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 Preferred Securites to buy it.
The correlation of Nuveen Preferred 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 Preferred moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nuveen Preferred Sec 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 Preferred 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.Use Investing Themes to Complement your Nuveen Preferred position
In addition to having Nuveen Preferred in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Pharmaceutical Products Thematic Idea Now
Pharmaceutical Products
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Pharmaceutical Products theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Pharmaceutical Products Theme or any other thematic opportunities.
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Check out Risk vs Return 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 american community survey. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Other Consideration for investing in Nuveen Fund
If you are still planning to invest in Nuveen Preferred Sec 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 Preferred's history and understand the potential risks before investing.
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