Nuveen Interest Expense vs Net Income Analysis
| NDMO Stock | USD 10.81 0.14 1.31% |
Nuveen Dynamic financial indicator trend analysis is infinitely more than just investigating Nuveen Dynamic Municipal recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nuveen Dynamic Municipal is a good investment. Please check the relationship between Nuveen Dynamic Interest Expense and its Net Income accounts. 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.
Interest Expense vs Net Income
Interest Expense vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nuveen Dynamic Municipal Interest Expense account and Net Income. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Nuveen Dynamic's Interest Expense and Net Income is -0.09. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Net Income in the same time period over historical financial statements of Nuveen Dynamic Municipal, assuming nothing else is changed. The correlation between historical values of Nuveen Dynamic's Interest Expense and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Expense of Nuveen Dynamic Municipal are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Interest Expense i.e., Nuveen Dynamic's Interest Expense and Net Income go up and down completely randomly.
Correlation Coefficient | -0.09 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Nuveen Dynamic Municipal financial statement analysis. It represents the amount of money remaining after all of Nuveen Dynamic Municipal operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most indicators from Nuveen Dynamic's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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 Issuance Of Capital Stock is very stable compared to the past year. As of the 30th of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.03, while Selling General Administrative is likely to drop about 428.2 K.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 5.9M | 10.0M | 11.4M | 12.0M | Depreciation And Amortization | 228.5K | 167.9K | 151.1K | 167.8K |
Nuveen Dynamic fundamental ratios 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
| 0.65 | LC | LendingClub Corp | PairCorr |
| 0.59 | V | Visa Class A | PairCorr |
| 0.57 | GS | Goldman Sachs Group Fiscal Year End 21st of January 2025 | PairCorr |
| 0.53 | MS | Morgan Stanley Fiscal Year End 21st of January 2025 | PairCorr |
| 0.5 | DIST | Distoken Acquisition | 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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
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.