Nuveen California Select Stock Probability of Future Stock Price Finishing Over 14.71
| NXC Stock | USD 13.08 0.01 0.08% |
Nuveen |
Nuveen California Target Price Odds to finish over 14.71
The tendency of Nuveen Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move over $ 14.71 or more in 90 days |
| 13.08 | 90 days | 14.71 | near 1 |
Based on a normal probability distribution, the odds of Nuveen California to move over $ 14.71 or more in 90 days from now is near 1 (This Nuveen California Select probability density function shows the probability of Nuveen Stock to fall within a particular range of prices over 90 days) . Probability of Nuveen California Select price to stay between its current price of $ 13.08 and $ 14.71 at the end of the 90-day period is more than 93.0 .
Considering the 90-day investment horizon Nuveen California has a beta of 0.15. This indicates as returns on the market go up, Nuveen California average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Nuveen California Select will be expected to be much smaller as well. Additionally Nuveen California Select has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Nuveen California Price Density |
| Price |
Predictive Modules for Nuveen California
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Nuveen California Select. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Nuveen California's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Nuveen California Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Nuveen California is not an exception. The market had few large corrections towards the Nuveen California's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Nuveen California Select, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Nuveen California within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.11 | |
β | Beta against Dow Jones | 0.15 | |
σ | Overall volatility | 0.29 | |
Ir | Information ratio | -0.2 |
Nuveen California Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Nuveen California for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Nuveen California Select can help investors quickly react to important events or material 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 | |
| On 2nd of December 2024 Nuveen California paid $ 0.0455 per share dividend to its current shareholders | |
| Latest headline from MacroaxisInsider: Insider Trading |
Nuveen California Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Nuveen Stock often depends not only on the future outlook of the current and potential Nuveen California's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Nuveen California's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 6.4 M | |
| Cash And Short Term Investments | 118.7 K |
Nuveen California Technical Analysis
Nuveen California's future price can be derived by breaking down and analyzing its technical indicators over time. Nuveen Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Nuveen California Select. In general, you should focus on analyzing Nuveen Stock price patterns and their correlations with different microeconomic environments and drivers.
Nuveen California Predictive Forecast Models
Nuveen California's time-series forecasting models is one of many Nuveen California's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Nuveen California's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Nuveen California Select
Checking the ongoing alerts about Nuveen California for important developments is a great way to find new opportunities for your next move. Our 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 | |
| On 2nd of December 2024 Nuveen California paid $ 0.0455 per share dividend to its current shareholders | |
| Latest headline from MacroaxisInsider: Insider Trading |
Check out Nuveen California Backtesting, Nuveen California Valuation, Nuveen California Correlation, Nuveen California Hype Analysis, Nuveen California Volatility, Nuveen California History as well as Nuveen California Performance. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nuveen California. If investors know Nuveen will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nuveen California listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 13.302 | Earnings Share 0.85 | Revenue Per Share 0.581 | Quarterly Revenue Growth 0.016 | Return On Assets 0.0239 |
The market value of Nuveen California Select is measured differently than its book value, which is the value of Nuveen that is recorded on the company's balance sheet. Investors also form their own opinion of Nuveen California's value that differs from its market value or its book value, called intrinsic value, which is Nuveen California's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nuveen California's market value can be influenced by many factors that don't directly affect Nuveen California's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nuveen California's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nuveen California is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nuveen California'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.