Nuveen Select Three Year Return vs. Beta

NIM Fund  USD 8.97  0.03  0.33%   
Based on Nuveen Select's profitability indicators, Nuveen Select Maturities may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Nuveen Select's ability to earn profits and add value for shareholders.
For Nuveen Select profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Nuveen Select to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Nuveen Select Maturities utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Nuveen Select's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Nuveen Select Maturities over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Nuveen Select's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nuveen Select is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nuveen Select's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Nuveen Select Maturities Beta vs. Three Year Return Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Nuveen Select's current stock value. Our valuation model uses many indicators to compare Nuveen Select value to that of its competitors to determine the firm's financial worth.
Nuveen Select Maturities is rated below average in three year return among similar funds. It is rated below average in beta among similar funds totaling about  0.53  of Beta per Three Year Return. The ratio of Three Year Return to Beta for Nuveen Select Maturities is roughly  1.89 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Nuveen Select 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 Beta vs. Three Year Return

Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.

Nuveen Select

Three Year Return

 = 

(Mean of Monthly Returns - 1)

X

100%

 = 
0.43 %
Although Three Year Fund Return indicator can give a sense of overall fund mid-term potential, it is recommended to compare fund performances against other similar funds, ETFs, or market benchmarks for the same 3 year interval.
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.

Nuveen Select

Beta

 = 

Covariance

Variance

 = 
0.23
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.

Nuveen Beta Comparison

Nuveen Select is currently under evaluation in beta among similar funds.

Beta Analysis

As returns on the market increase, Nuveen Select's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nuveen Select is expected to be smaller as well.

Nuveen Select Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Nuveen Select, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Nuveen Select will eventually generate negative long term returns. The profitability progress is the general direction of Nuveen Select's change in net profit over the period of time. It can combine multiple indicators of Nuveen Select, 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 Select Maturities Municipal Fund is a closed-ended fixed income mutual fund launched by Nuveen Investments, Inc. The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of the United States. The fund invests primarily in municipal securities rated BaaBBB or better. It invests in securities that provide income exempt from federal income tax. The fund employs fundamental analysis with bottom-up stock picking approach to create its portfolio. It benchmarks the performance of its portfolio against the SP Intermediate Municipal Bond Index and the SP National Municipal Bond Index. Nuveen Select Maturities Municipal Fund was formed on September 18, 1992 and is domiciled in the United States.

Nuveen Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Nuveen Select. 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 Select 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 Select's important profitability drivers and their relationship over time.

Learn to be your own money manager

Our tools can tell you how much better you can do entering a position in Nuveen Select without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Use Investing Themes to Complement your Nuveen Select position

In addition to having Nuveen Select 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.

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Moderate Funds
Moderate Funds Theme
Funds or Etfs that combine stocks, bonds and money market instruments to get modest capital appreciation over time. The Moderate Funds theme has 43 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 Moderate Funds Theme or any other thematic opportunities.
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Other Information on Investing in Nuveen Fund

To fully project Nuveen Select's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Nuveen Select Maturities at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Nuveen Select's income statement, its balance sheet, and the statement of cash flows.
Potential Nuveen Select investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Nuveen Select investors may work on each financial statement separately, they are all related. The changes in Nuveen Select's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Nuveen Select's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
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