Nuveen Massachusetts Financials
NBMAX Fund | USD 9.37 0.01 0.11% |
Nuveen |
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Nuveen Massachusetts Fund Summary
Nuveen Massachusetts competes with American Century, Blackrock High, Fidelity Capital, Dunham High, and Multi-manager High. The fund normally invests at least 80 percent of the sum of its net assets and the amount of any borrowings for investment purposes in municipal bonds that pay interest that is exempt from regular federal and Massachusetts personal income tax. Nuveen Massachusetts is traded on NASDAQ Exchange in the United States.Instrument | USA Mutual Fund View All |
Exchange | NMFQS Exchange |
ISIN | US67065N8112 |
Business Address | CO Nuveen Investments |
Mutual Fund Family | Nuveen |
Mutual Fund Category | Muni Massachusetts |
Benchmark | Dow Jones Industrial |
Phone | 800 257 8787 |
Currency | USD - US Dollar |
Nuveen Massachusetts Key Financial Ratios
Nuveen Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Nuveen Massachusetts's current stock value. Our valuation model uses many indicators to compare Nuveen Massachusetts value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nuveen Massachusetts competition to find correlations between indicators driving Nuveen Massachusetts's intrinsic value. More Info.Nuveen Massachusetts Municipal is number one fund in annual yield among similar funds. It also is number one fund in year to date return among similar funds creating about 388.63 of Year To Date Return per Annual Yield. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Nuveen Massachusetts' earnings, one of the primary drivers of an investment's value.Nuveen Massachusetts Systematic Risk
Nuveen Massachusetts' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Nuveen Massachusetts volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Nuveen Massachusetts correlated with the market. If Beta is less than 0 Nuveen Massachusetts generally moves in the opposite direction as compared to the market. If Nuveen Massachusetts Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Nuveen Massachusetts is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Nuveen Massachusetts is generally in the same direction as the market. If Beta > 1 Nuveen Massachusetts moves generally in the same direction as, but more than the movement of the benchmark.
Nuveen Massachusetts November 29, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Nuveen Massachusetts help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Nuveen Massachusetts Municipal. We use our internally-developed statistical techniques to arrive at the intrinsic value of Nuveen Massachusetts Municipal based on widely used predictive technical indicators. In general, we focus on analyzing Nuveen Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Nuveen Massachusetts's daily price indicators and compare them against related drivers.
Downside Deviation | 0.3428 | |||
Information Ratio | (0.53) | |||
Maximum Drawdown | 1.29 | |||
Value At Risk | (0.32) | |||
Potential Upside | 0.324 |
Other Information on Investing in Nuveen Mutual Fund
Nuveen Massachusetts financial ratios help investors to determine whether Nuveen Mutual 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 Massachusetts security.
Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios |