Nuveen Preferred Income Fund Price on August 1, 2022
| JPC Fund | USD 7.22 0.08 1.12% |
Below is the normalized historical share price chart for Nuveen Preferred Income extending back to March 27, 2003. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Nuveen Preferred stands at 7.22, as last reported on the 26th of May, with the highest price reaching 7.22 and the lowest price hitting 7.16 during the day.
If you're considering investing in Nuveen Fund, it is important to understand the factors that can impact its price. We consider Nuveen Preferred very steady. Nuveen Preferred Income has Sharpe Ratio of 0.0821, which conveys that the entity had a 0.0821% return per unit of risk over the last 3 months. We have found thirty technical indicators for Nuveen Preferred, which you can use to evaluate the volatility of the fund. Please verify Nuveen Preferred's Risk Adjusted Performance of 0.068, mean deviation of 0.4533, and Downside Deviation of 0.6265 to check out if the risk estimate we provide is consistent with the expected return of 0.047%.
Nuveen Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Nuveen |
Sharpe Ratio = 0.0821
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | JPC |
Estimated Market Risk
| 0.57 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Nuveen Preferred is performing at about 6% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Nuveen Preferred by adding it to a well-diversified portfolio.
Market Capitalization 859.5 M |
Nuveen Preferred Main Headline on 1st of August 2022
Nuveen Preferred Income dividend paid on 1st of August 2022 |
Nuveen Preferred Valuation on August 1, 2022
It is possible to determine the worth of Nuveen Preferred on a given historical date. On August 1, 2022 Nuveen was worth 8.21 at the beginning of the trading date compared to the closed value of 7.24. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nuveen Preferred fund. Still, in general, we apply an absolute valuation method to find Nuveen Preferred's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Nuveen Preferred where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nuveen Preferred's related companies.
| Open | High | Low | Close | Volume | |
| 8.04 | 8.24 | 7.05 | 7.05 | 271,699 | |
08/01/2022 | 8.21 | 8.42 | 7.24 | 7.24 | 292,441 |
| 8.41 | 8.45 | 7.02 | 7.02 | 348,703 |
| Backtest Nuveen Preferred | | | Nuveen Preferred History | | | Nuveen Preferred Valuation | Previous | Next |
Nuveen Preferred Trading Date Momentum on August 1, 2022
| On August 02 2022 Nuveen Preferred Income was traded for 7.02 at the closing time. Highest Nuveen Preferred's price during the trading hours was 8.45 and the lowest price during the day was 7.02 . The net volume was 348.7 K. The overall trading history on the 2nd of August contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 3.04% . The trading delta at closing time to current price is 15.06% . |
Nuveen Preferred Income Fundamentals Correlations and Trends
By evaluating Nuveen Preferred's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Nuveen Preferred's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nuveen financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Nuveen Preferred Fund history
Nuveen Preferred investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Nuveen is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nuveen Preferred Income will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Nuveen Preferred stock prices may prove useful in developing a viable investing in Nuveen Preferred
Nuveen Preferred Income Opportunities Fund is a closed ended balanced mutual fund launched by Nuveen Investments Inc. Nuveen Preferred Income Opportunities Fund was formed on March 26, 2003 and is domiciled in the United States. Nuveen Preferred is traded on New York Stock Exchange in the United States.
Nuveen Preferred Fund Technical Analysis
Nuveen Preferred technical fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Nuveen Preferred Period Price Range
Low | August 1, 2022
| High |
8.21 | 7.24 |
Nuveen Preferred May 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Nuveen Preferred fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nuveen Preferred shares will generate the highest return on investment. By undertsting and applying Nuveen Preferred fund market strength indicators, traders can identify Nuveen Preferred Income entry and exit signals to maximize returns
| Accumulation Distribution | 40983.42 | |||
| Daily Balance Of Power | (0.82) | |||
| Rate Of Daily Change | 0.88 | |||
| Day Median Price | 7.83 | |||
| Day Typical Price | 7.63 | |||
| Price Action Indicator | (1.08) | |||
| Period Momentum Indicator | (0.02) | |||
| Relative Strength Index | 61.59 |
Nuveen Preferred Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nuveen Preferred's price direction in advance. Along with the technical and fundamental analysis of Nuveen Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nuveen to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.068 | |||
| Jensen Alpha | 0.0379 | |||
| Total Risk Alpha | 0.02 | |||
| Sortino Ratio | 0.0322 | |||
| Treynor Ratio | 0.1092 |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Nuveen Preferred Income. Also, note that the market value of any fund could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.