Nuveen California Financials
| NCA Fund | USD 8.75 0.02 0.23% |
Nuveen |
Please note that past performance is not an indicator of the future performance of Nuveen California, its manager's success, or the effectiveness of its strategy. The performance results shown here may have been adversely or favorably impacted by events and economic conditions that may not prevail in the future. Therefore, you must use caution to infer that these results indicate any fund, manager, or strategy's future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Nuveen California Fund Summary
Nuveen California competes with BlackRock Floating, and Eaton Vance. Nuveen California Municipal Value Fund is a closed-ended fixed income mutual fund launched by Nuveen Investments, Inc. Nuveen California Municipal Value Fund was formed on October 7, 1987 and is domiciled in the United States. Nuveen California is traded on New York Stock Exchange in the United States.Specialization | null, Muni California Long |
| Instrument | USA Fund View All |
| Exchange | New York Stock Exchange |
| ISIN | US67062C1071 |
| CUSIP | 67062C107 |
| Location | Illinois; U.S.A |
| Business Address | 333 West Wacker |
| Fund Family | Financial Services |
| Fund Category | Asset Management |
| Benchmark | NYSE Composite |
| Website | www.nuveen.com/cef/product/overview.aspx?fundcode=nca |
| Phone | 312 917 7700 |
| Currency | USD - US Dollar |
You should never invest in Nuveen California Municipal without having analyzed available financial metrics that contribute to the net asset value (NAV) of the fund. Do not rely on someone else's analysis or guesses about the future performance of Nuveen Fund, because this is throwing your money away. Analyzing the key information contained in Nuveen California's prospectus and an annual reports, can give you an edge over other investors and help to ensure that your investments perform well for you.
Nuveen California Key Financial Ratios
Generally speaking, Nuveen California's financial ratios allow both analysts and investors to convert raw data from Nuveen California's financial statements into concise, actionable information that can be used to evaluate the performance of Nuveen California over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Nuveen California reports annually and quarterly.Nuveen Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Nuveen California's current stock value. Our valuation model uses many indicators to compare Nuveen California value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nuveen California competition to find correlations between indicators driving Nuveen California's intrinsic value. More Info.Nuveen California Municipal is number one fund in price to earning among similar funds. It is number one fund in price to book among similar funds fabricating about 0.03 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Nuveen California Municipal is roughly 38.03 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Nuveen California by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Nuveen California's Fund. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Nuveen California's earnings, one of the primary drivers of an investment's value.Nuveen California Systematic Risk
Nuveen California's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Nuveen California volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Nuveen California correlated with the market. If Beta is less than 0 Nuveen California generally moves in the opposite direction as compared to the market. If Nuveen California Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Nuveen California is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Nuveen California is generally in the same direction as the market. If Beta > 1 Nuveen California moves generally in the same direction as, but more than the movement of the benchmark.
Nuveen California April 25, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Nuveen California help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Nuveen California Municipal. We use our internally-developed statistical techniques to arrive at the intrinsic value of Nuveen California Municipal based on widely used predictive technical indicators. In general, we focus on analyzing Nuveen Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Nuveen California's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.6747 | |||
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 3.18 | |||
| Value At Risk | (0.90) | |||
| Potential Upside | 0.8083 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nuveen California Municipal. Also, note that the market value of any fund could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the Nuveen California information on this page should be used as a complementary analysis to other Nuveen California's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .