Nuveen Municipal Valuation
| NMZ Fund | USD 11.57 0.02 0.17% |
At this time, the fund appears to be fairly valued. Nuveen Municipal High secures a last-minute Real Value of $11.49 per share. The latest price of the fund is $11.57. We determine the value of Nuveen Municipal High from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued funds and dropping overvalued funds since, at some point, fund prices and their ongoing real values will merge together.
Fairly Valued
Today
Please note that Nuveen Municipal's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Nuveen Municipal High secures a last-minute Real Value of $11.49 per share. The latest price of the fund is $11.57. We determine the value of Nuveen Municipal High from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued funds and dropping overvalued funds since, at some point, fund prices and their ongoing real values will merge together.
Since Nuveen Municipal is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Nuveen Fund. However, Nuveen Municipal'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 11.57 | Real 11.49 | Hype 11.57 | Naive 11.51 |
The intrinsic value of Nuveen Municipal'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 Municipal'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 Municipal High 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 Municipal more accurately as focusing exclusively on Nuveen Municipal's fundamentals will not take into account other important factors: Nuveen Municipal Total Value Analysis
Nuveen Municipal High is now expected to have company total value of 1.71 B with market capitalization of 1.07 B, debt of 710.27 M, and cash on hands of 992.53 K. Please note that company total value may be misleading and is a subject to accounting gimmicks. We encourage investors to carefully check all of the Nuveen Municipal fundamentals before making security assessment based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
1.71 B | 1.07 B | 710.27 M | 992.53 K |
Nuveen Municipal Investor Information
The fund last dividend was 0.64 per share. Nuveen Municipal High is not in a good financial situation at this time. It has a very high probability of going through financial hardship in January.Nuveen Municipal Asset Utilization
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Nuveen Municipal has an asset utilization ratio of 21.3 percent. This suggests that the Fund is making $0.21 for each dollar of assets. An increasing asset utilization means that Nuveen Municipal High is more efficient with each dollar of assets it utilizes for everyday operations.Nuveen Municipal Ownership Allocation
Nuveen Municipal High maintains a total of 97.87 Million outstanding shares. Roughly 89.98 % of Nuveen Municipal outstanding shares are held by general public with 10.02 % by institutional investors. Please note that no matter how many assets the company has, if the real value of the fund is less than the current market value, you may not be able to make money on it.Nuveen Municipal Profitability Analysis
The company reported the last year's revenue of 90.14 M. Reported Net Loss for the year was (161.23 M) with profit before taxes, overhead, and interest of 83.39 M.About Nuveen Municipal Valuation
Our relative valuation model uses a comparative analysis of Nuveen Municipal. We calculate exposure to Nuveen Municipal's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Nuveen Municipal's related companies.Nuveen Municipal High Income Opportunity Fund is a closed-end 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 primarily invests in investment grade tax-exempt municipal securities. The fund was formerly known as Nuveen Municipal High Yield Opportunity Fund. Nuveen Municipal High Income Opportunity Fund was founded in November 19, 2003 and is based in the United States.
Other Information on Investing in Nuveen Fund
Nuveen Municipal financial ratios help investors to determine whether Nuveen Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Nuveen with respect to the benefits of owning Nuveen Municipal security.
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