William Siffermann - Nuveen New Vice President

NXN Stock  USD 11.87  0.05  0.42%   

Insider

William Siffermann is Vice President of Nuveen New York since 2017.
Age 46
Tenure 7 years
Address 333 West Wacker Drive, Chicago, IL, United States, 60606-1220
Phone312 917 7700
Webhttps://www.nuveen.com/CEF/Product/Overview.aspx?F

William Siffermann Latest Insider Activity

Tracking and analyzing the buying and selling activities of William Siffermann against Nuveen New stock is an integral part of due diligence when investing in Nuveen New. William Siffermann insider activity provides valuable insight into whether Nuveen New is net buyers or sellers over its current business cycle. Note, Nuveen New insiders must abide by specific rules, including filing SEC forms every time they buy or sell Nuveen New'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
 
William Siffermann over six months ago
Insider Trading

Nuveen New Management Efficiency

The company has Return on Asset of 0.0209 % which means that on every $100 spent on assets, it made $0.0209 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.0753) %, meaning that it generated no profit with money invested by stockholders. Nuveen New's management efficiency ratios could be used to measure how well Nuveen New manages its routine affairs as well as how well it operates its assets and liabilities. As of the 2nd of December 2024, Return On Capital Employed is likely to grow to 0.06, while Return On Tangible Assets are likely to drop 0.06. At this time, Nuveen New's Other Assets are very stable compared to the past year. As of the 2nd of December 2024, Asset Turnover is likely to grow to 0.06, while Total Assets are likely to drop about 44.3 M.
Nuveen New York has 224.92 K in debt with debt to equity (D/E) ratio of 0.01, which may show that the company is not taking advantage of profits from borrowing. Nuveen New York has a current ratio of 10.59, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Nuveen to invest in growth at high rates of return.

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Nuveen New York Select Tax-Free Income Portfolio is a closed-ended fixed income mutual fund launched by Nuveen Investments Inc. Nuveen New York Select Tax-Free Income Portfolio was formed on June 19, 1992 and is domiciled in the United States. Nuveen Insured is traded on New York Stock Exchange in the United States. Nuveen New York (NXN) is traded on New York Stock Exchange in USA. It is located in 333 West Wacker Drive, Chicago, IL, United States, 60606-1220 and employs 34 people. Nuveen New is listed under Asset Management & Custody Banks category by Fama And French industry classification.

Management Performance

Nuveen New York Leadership Team

Elected by the shareholders, the Nuveen New's board of directors comprises two types of representatives: Nuveen New inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Nuveen. The board's role is to monitor Nuveen New's management team and ensure that shareholders' interests are well served. Nuveen New's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Nuveen New's outside directors are responsible for providing unbiased perspectives on the board's policies.
Mark Winget, Vice President Assistant Secretary
Robert Young, Independent Director
E Wickerham, Vice President Controller
Deann Morgan, Vice President
Jack Evans, Independent Director
David Lamb, Chief Administrative Officer
Mark Czarniecki, Vice President Assistant Secretary
Cedric Antosiewicz, Chief Administrative Officer
Judith Stockdale, Independent Director
William Siffermann, Vice President
William Meyers, Vice President
Michael Perry, Vice President
Jacques Longerstaey, Vice President
Matthew Thornton, Independent Director
Margaret Wolff, Independent Director
Brian Lockhart, Vice President
Margo Cook, Independent Director
Joel Slager, Vice President Assistant Secretary
Diana Gonzalez, Vice President Assistant Secretary
Gifford Zimmerman, Vice President, Chief Complaince Officer
Nathaniel Jones, Vice President Treasurer
Terence Toth, Independent Chairman of the Board
Carole Stone, Independent Director
Jon Meissner, Vice President, Assistant Secretary
Christopher Rohrbacher, Vice President Assistant Secretary
Cathryn Steeves, Portfolio Mang
Joanne Medero, Independent Director
Walter Kelly, Vice President, Chief Compliance Officer
John Nelson, Independent Director
Albin Moschner, Independent Director
Amy Lancellotta, Independent Director
Kevin McCarthy, Vice President, Assistant Secretary
William Hunter, Independent Director
Tina Lazar, Vice President

Nuveen Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Nuveen New a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Nuveen New

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 New 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 New will appreciate offsetting losses from the drop in the long position's value.

Moving against Nuveen Stock

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The ability to find closely correlated positions to Nuveen New 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 New 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 New - 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 New York to buy it.
The correlation of Nuveen New 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 New moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nuveen New York 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 New 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.
Pair CorrelationCorrelation Matching
When determining whether Nuveen New York offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Nuveen New's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Nuveen New York Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nuveen New York Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nuveen New York. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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 New. 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 New 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
(0.50)
Dividend Share
0.463
Earnings Share
0.81
Revenue Per Share
0.526
Quarterly Revenue Growth
0.115
The market value of Nuveen New York 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 New's value that differs from its market value or its book value, called intrinsic value, which is Nuveen New'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 New's market value can be influenced by many factors that don't directly affect Nuveen New'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 New's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nuveen New is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nuveen New'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.