Nuveen New York Fund Buy Hold or Sell Recommendation
| NRK Fund | USD 10.70 0.01 0.09% |
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Nuveen New York is 'Hold'. Macroaxis provides Nuveen New buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding NRK positions. The advice algorithm takes into account all of Nuveen New's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Nuveen New's buy or sell advice are summarized below:
Real Value 10.71 | Hype Value 10.7 | Market Value 10.7 | Naive Value 10.9 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Nuveen New York given historical horizon and risk tolerance towards Nuveen New. When Macroaxis issues a 'buy' or 'sell' recommendation for Nuveen New York, the advice is generated through an automated system that utilizes algorithms and statistical models.
Nuveen |
Execute Nuveen New Buy or Sell Advice
The Nuveen recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Nuveen New York. Macroaxis does not own or have any residual interests in Nuveen New York or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Nuveen New's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | OK | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Analyst Consensus | Not Available | Details |
Nuveen New Trading Alerts and Improvement Suggestions
| Latest headline from news.google.com: Nuveen New York AMT-Free Quality Municipal Income Fund Shares Pass Above 200-Day Moving ... - Defense World | |
| The fund generated three year return of -4.0% |
Nuveen New Returns Distribution Density
The distribution of Nuveen New's historical returns is an attempt to chart the uncertainty of Nuveen New's future price movements. The chart of the probability distribution of Nuveen New daily returns describes the distribution of returns around its average expected value. We use Nuveen New York price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Nuveen New returns is essential to provide solid investment advice for Nuveen New.
| Mean Return | 0.06 | Value At Risk | -1 | Potential Upside | 0.85 | Standard Deviation | 0.54 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Nuveen New historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Nuveen New Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Nuveen New or Financial Services sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Nuveen New's price will be affected by overall fund market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Nuveen fund's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.02 | |
β | Beta against NYSE Composite | 0.35 | |
σ | Overall volatility | 0.53 | |
Ir | Information ratio | -0.06 |
Nuveen New Volatility Alert
Nuveen New York exhibits relatively low volatility with skewness of -0.29 and kurtosis of 0.34. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Nuveen New's fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Nuveen New's fund price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Nuveen New Fundamentals Vs Peers
Comparing Nuveen New's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Nuveen New's direct or indirect competition across all of the common fundamentals between Nuveen New and the related equities. This way, we can detect undervalued stocks with similar characteristics as Nuveen New or determine the funds which would be an excellent addition to an existing portfolio. Peer analysis of Nuveen New's fundamental indicators could also be used in its relative valuation, which is a method of valuing Nuveen New by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Nuveen New to competition |
| Fundamentals | Nuveen New | Peer Average |
| Price To Earning | 54.51 X | 6.53 X |
| Price To Book | 0.71 X | 0.74 X |
| Price To Sales | 13.23 X | 0.61 X |
| Beta | 0.33 | |
| Annual Yield | 0 % | 0.29 % |
| Year To Date Return | 0.43 % | 0.39 % |
| One Year Return | 3.11 % | 4.15 % |
| Three Year Return | (3.99) % | 3.60 % |
| Five Year Return | 0.1 % | 3.24 % |
| Last Dividend Paid | 0.49 | 0.65 |
Nuveen New Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Nuveen . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Nuveen New Buy or Sell Advice
When is the right time to buy or sell Nuveen New York? Buying financial instruments such as Nuveen Fund isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Nuveen New in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Compulsion
Companies involved in research, development, and manufacturing of products with compulsion characteristics such as cigarettes, addictive drugs and alcohol. The Compulsion theme has 40 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Compulsion Theme or any other thematic opportunities.
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Check out Nuveen New Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.