Nuveen Historical Balance Sheet
| NDMO Stock | USD 10.81 0.14 1.31% |
Trend analysis of Nuveen Dynamic Municipal balance sheet accounts such as Total Stockholder Equity of 591.8 M provides information on Nuveen Dynamic's total assets, liabilities, and equity, which is the actual value of Nuveen Dynamic Municipal to its prevalent stockholders. By breaking down trends over time using Nuveen Dynamic balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
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About Nuveen Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Nuveen Dynamic Municipal at a specified time, usually calculated after every quarter, six months, or one year. Nuveen Dynamic Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Nuveen Dynamic and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Nuveen currently owns. An asset can also be divided into two categories, current and non-current.
Nuveen Dynamic Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Nuveen Dynamic assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Nuveen Dynamic Municipal books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on Nuveen Dynamic balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Nuveen Dynamic Municipal are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Most accounts from Nuveen Dynamic's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Nuveen Dynamic Municipal current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nuveen Dynamic Municipal. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. At this time, Nuveen Dynamic's Total Assets are very stable compared to the past year. As of the 29th of November 2024, Total Stockholder Equity is likely to grow to about 591.8 M, while Other Current Liabilities is likely to drop (44.2 M).
| 2023 | 2024 (projected) | Short and Long Term Debt Total | 272.2M | 209.4M | Total Assets | 775.0M | 836.6M |
Nuveen Dynamic balance sheet Correlations
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Nuveen Dynamic Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Nuveen Dynamic
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 Dynamic 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 Dynamic will appreciate offsetting losses from the drop in the long position's value.Moving against Nuveen Stock
| 0.66 | LC | LendingClub Corp | PairCorr |
| 0.58 | V | Visa Class A | PairCorr |
| 0.58 | GS | Goldman Sachs Group Fiscal Year End 21st of January 2025 | PairCorr |
| 0.52 | DIST | Distoken Acquisition | PairCorr |
| 0.52 | MS | Morgan Stanley Fiscal Year End 21st of January 2025 | PairCorr |
The ability to find closely correlated positions to Nuveen Dynamic 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 Dynamic 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 Dynamic - 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 Dynamic Municipal to buy it.
The correlation of Nuveen Dynamic 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 Dynamic moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nuveen Dynamic Municipal 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 Dynamic 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.Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nuveen Dynamic Municipal. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
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 Dynamic. 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 Dynamic listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.61 |
The market value of Nuveen Dynamic Municipal 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 Dynamic's value that differs from its market value or its book value, called intrinsic value, which is Nuveen Dynamic'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 Dynamic's market value can be influenced by many factors that don't directly affect Nuveen Dynamic'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 Dynamic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nuveen Dynamic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nuveen Dynamic'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.