Nuveen New Valuation
| NRK Fund | USD 11.08 0.07 0.64% |
At this time, the fund appears to be fairly valued. Nuveen New York secures a last-minute Real Value of $11.04 per share. The latest price of the fund is $11.08. We determine the value of Nuveen New York from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend picking up undervalued funds and discarding overvalued funds since, at some point, fund prices and their ongoing real values will merge together.
Fairly Valued
Today
Please note that Nuveen New's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Nuveen New York secures a last-minute Real Value of $11.04 per share. The latest price of the fund is $11.08. We determine the value of Nuveen New York from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend picking up undervalued funds and discarding overvalued funds since, at some point, fund prices and their ongoing real values will merge together.
Nuveen New's intrinsic value may or may not be the same as its current market price of 11.08, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 11.08 | Real 11.04 | Hype 11.08 | Naive 11.09 |
The intrinsic value of Nuveen New's stock can be calculated using various methods such as discounted cash flow or dividend analysis. That value may differ from its market price, which is determined by factors such as investor sentiment, market trends, headlines, and other external factors that may influence Nuveen New's stock price.
Estimating the potential upside or downside of Nuveen New York helps investors to forecast how Nuveen fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Nuveen New more accurately as focusing exclusively on Nuveen New's fundamentals will not take into account other important factors: Nuveen New Total Value Analysis
Nuveen New York is now projected to have company total value of 1.58 B with market capitalization of 997.1 M, debt of 771.88 M, and cash on hands of 12.96 M. Please note that company total value may be misleading and is a subject to accounting gimmicks. We encourage investors to carefully check all of the Nuveen New fundamentals before making security assessment based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
1.58 B | 997.1 M | 771.88 M | 12.96 M |
Nuveen New Investor Information
The fund last dividend was 0.49 per share. Based on the key measurements obtained from Nuveen New's financial statements, Nuveen New York is not in a good financial situation at this time. It has a very high probability of going through financial hardship in January.Nuveen New Asset Utilization
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Nuveen New has an asset utilization ratio of 88.81 percent. This suggests that the Fund is making $0.89 for each dollar of assets. An increasing asset utilization means that Nuveen New York is more efficient with each dollar of assets it utilizes for everyday operations.Nuveen New Ownership Allocation
Nuveen New York maintains a total of 87.24 Million outstanding shares. Roughly 72.64 % of Nuveen New outstanding shares are held by general public with 27.36 % by institutional investors. Please note that no matter how many assets the company has, if the real value of the fund is less than the current market value, you may not be able to make money on it.Nuveen New Profitability Analysis
The company reported the last year's revenue of 69.36 M. Reported Net Loss for the year was (6.94 M) with profit before taxes, overhead, and interest of 69.36 M.About Nuveen New Valuation
We use absolute and relative valuation methodologies to arrive at the intrinsic value of Nuveen New York. In general, an absolute valuation paradigm, as applied to this fund, attempts to find the value of Nuveen New York based exclusively on its fundamental and basic technical indicators. By analyzing Nuveen New's financials, quarterly and monthly indicators, and their related drivers, we attempt to find the most accurate representation of Nuveen New's intrinsic value. As compared to an absolute model, our relative valuation model uses a comparative analysis of Nuveen New. We calculate exposure to Nuveen New's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Nuveen New's related companies.Nuveen New York AMT-Free Quality Municipal Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc. The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of New York. The fund invests in undervalued municipal securities and other related investments the income, covered by insurance from insurers with a claims-paying ability, exempt from regular federal and New York income tax and are rated Baa, BBB or better and having an average maturity of 15.98 years. It employs fundamental analysis with bottom-up stock picking approach to create its portfolio. The fund benchmarks the performance of its portfolio against the Standard Poors New York Municipal Bond Index and the Standard Poors Insured National Municipal Bond Index. It was formerly known as Nuveen New York AMT-Free Municipal Income Fund. Nuveen New York AMT-Free Quality Municipal Income Fund was formed on July 29, 2002 and is domiciled in the United States.
Other Information on Investing in Nuveen Fund
Nuveen New 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 New security.
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