NMZ stock hits 52-week high at 11.86 amid robust annual growth - Investing.com
| NMZ Fund | USD 11.59 0.02 0.17% |
Slightly above 62% of Nuveen Municipal's investor base is looking to short. The analysis of overall sentiment of trading Nuveen Municipal High fund suggests that many investors are alarmed at this time. Nuveen Municipal's investing sentiment can be driven by a variety of factors including economic data, Nuveen Municipal's earnings reports, geopolitical events, and overall market trends.
Nuveen |
NMZ stock hits 52-week high at 11.86 amid robust annual growth Investing.com
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Nuveen Municipal Fundamental Analysis
We analyze Nuveen Municipal's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nuveen Municipal using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nuveen Municipal based on its fundamental data. In general, a quantitative approach, as applied to this fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Beta
Beta Comparative Analysis
Nuveen Municipal is currently under evaluation in beta among similar funds. 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 Municipal High Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Nuveen Municipal fund to make a market-neutral strategy. Peer analysis of Nuveen Municipal could also be used in its relative valuation, which is a method of valuing Nuveen Municipal by comparing valuation metrics with similar companies.
Peers
Nuveen Municipal Related Equities
| ORC | Orchid Island | 0.25 | ||||
| OXLC | Oxford Lane | 0.19 | ||||
| GOF | Guggenheim Strategic | 0.57 | ||||
| EDF | Stone Harbor | 0.59 |
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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