Nuveen NASDAQ Valuation
| QQQX Etf | USD 26.41 0.30 1.15% |
At this time, the etf appears to be undervalued. Nuveen NASDAQ 100 secures a last-minute Real Value of $27.23 per share. The latest price of the etf is $26.41. Our model forecasts the value of Nuveen NASDAQ 100 from analyzing the etf fundamentals such as Short Ratio of 3.27 X, number of shares shorted of 560.4 K, and Shares Outstanding of 43.24 M as well as examining its technical indicators and probability of bankruptcy.
Undervalued
Today
Please note that Nuveen NASDAQ's price fluctuation is very steady at this time. Calculation of the real value of Nuveen NASDAQ 100 is based on 3 months time horizon. Increasing Nuveen NASDAQ's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since Nuveen NASDAQ is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Nuveen Etf. However, Nuveen NASDAQ's intrinsic value may or may not be the same as its current market price, 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 26.41 | Real 27.23 | Hype 26.33 | Naive 26.05 |
The intrinsic value of Nuveen NASDAQ's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Nuveen NASDAQ's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Nuveen NASDAQ 100 helps investors to forecast how Nuveen etf'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 NASDAQ more accurately as focusing exclusively on Nuveen NASDAQ's fundamentals will not take into account other important factors: Nuveen NASDAQ Total Value Analysis
Nuveen NASDAQ 100 is at this time projected to have valuation of 717.78 M with market capitalization of 717.78 M, debt of 0, and cash on hands of . Please note that valuation may be misleading and is a subject to auditing or accounting errors. We encourage investors to vigilantly validate all of the Nuveen NASDAQ fundamentals before making equity appraisal based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
717.78 M | 717.78 M | 0 |
Nuveen NASDAQ Asset Utilization
The concept of asset utilization usually refers to the revenue earned for every dollar of assets a company currently reports. The current return on assets of Nuveen suggests not a very effective usage of assets in December.Nuveen NASDAQ Ownership Allocation
Nuveen NASDAQ 100 maintains a total of 43.24 Million outstanding shares. Roughly 78.75 % of Nuveen NASDAQ outstanding shares are held by general public with 21.25 % by institutional investors. Please note that no matter how many assets the company has, if the real value of the etf is less than the current market value, you may not be able to make money on it.About Nuveen NASDAQ Valuation
Our relative valuation model uses a comparative analysis of Nuveen NASDAQ. We calculate exposure to Nuveen NASDAQ's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Nuveen NASDAQ's related companies.Nuveen Nasdaq 100 Dynamic Overwrite Fund is a closed-ended equity indexed mutual fund launched by Nuveen Investments, Inc. The fund is co-managed by Nuveen Asset Management, LLC and Nuveen Fund Advisors LLC. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in the stocks of large-cap companies. The fund also invests through index call options. It seeks to replicate the performance of its portfolio against the NASDAQ 100 Index. The fund was previously known as NASDAQ Premium Income Growth Fund Inc. Nuveen Nasdaq 100 Dynamic Overwrite Fund was formed on January 30, 2007 and is domiciled in the United States.
Other Information on Investing in Nuveen Etf
Nuveen NASDAQ financial ratios help investors to determine whether Nuveen Etf 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 NASDAQ security.