Nuveen Dynamic Municipal Stock Price on March 11, 2024
| NDMO Stock | USD 10.93 0.12 1.11% |
If you're considering investing in Nuveen Stock, it is important to understand the factors that can impact its price. As of today, the current price of Nuveen Dynamic stands at 10.93, as last reported on the 27th of May, with the highest price reaching 10.95 and the lowest price hitting 10.84 during the day. We consider Nuveen Dynamic very steady. Nuveen Dynamic Municipal has Sharpe Ratio of 0.11, which conveys that the firm had a 0.11% return per unit of risk over the last 3 months. We have found thirty technical indicators for Nuveen Dynamic, which you can use to evaluate the volatility of the firm. Please verify Nuveen Dynamic's Downside Deviation of 0.6266, risk adjusted performance of 0.0452, and Mean Deviation of 0.4853 to check out if the risk estimate we provide is consistent with the expected return of 0.0677%.
At this time, Nuveen Dynamic's Total Stockholder Equity is very stable compared to the past year. As of the 27th of May 2024, Liabilities And Stockholders Equity is likely to grow to about 836.6 M, while Common Stock Shares Outstanding is likely to drop about 47.6 M. . At this time, Nuveen Dynamic's Price To Sales Ratio is very stable compared to the past year. As of the 27th of May 2024, Price Earnings Ratio is likely to grow to 32.60, while Price Book Value Ratio is likely to drop 0.55. Nuveen Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Nuveen |
Sharpe Ratio = 0.106
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Estimated Market Risk
| 0.64 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Nuveen Dynamic is performing at about 8% 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 Dynamic by adding it to a well-diversified portfolio.
Price Book 1.1004 | Price Sales 41.478 | Shares Outstanding 59.6 M | Market Capitalization 651 M | Shares Short Prior Month 32.3 K |
Nuveen Dynamic Valuation on March 11, 2024
It is possible to determine the worth of Nuveen Dynamic on a given historical date. On March 11, 2024 Nuveen was worth 11.05 at the beginning of the trading date compared to the closed value of 10.88. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nuveen Dynamic stock. Still, in general, we apply an absolute valuation method to find Nuveen Dynamic'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 Dynamic where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nuveen Dynamic's related companies.
| Open | High | Low | Close | Volume | |
| 11.12 | 11.14 | 10.90 | 10.90 | 156,100 | |
03/11/2024 | 11.05 | 11.11 | 10.88 | 10.88 | 52,700 |
| 11.06 | 11.13 | 10.83 | 10.83 | 148,500 |
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Nuveen Dynamic Trading Date Momentum on March 11, 2024
| On March 12 2024 Nuveen Dynamic Municipal was traded for 10.83 at the closing time. The top price for the day was 11.13 and the lowest listed price was 10.83 . The trading volume for the day was 148.5 K. The trading history from March 12, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.46% . The trading delta at closing time against the current closing price is 1.93% . |
Nuveen Dynamic Municipal Fundamentals Correlations and Trends
By evaluating Nuveen Dynamic'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 Dynamic'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 Dynamic Stock history
Nuveen Dynamic 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 Dynamic Municipal 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 Dynamic stock prices may prove useful in developing a viable investing in Nuveen Dynamic
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 65.3 M | 47.6 M |
Nuveen Dynamic Stock Technical Analysis
Nuveen Dynamic technical stock 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, stock market cycles, or different charting patterns.
Price Boundaries
Nuveen Dynamic Period Price Range
Low | March 11, 2024
| High |
11.05 | 10.88 |
Nuveen Dynamic May 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Nuveen Dynamic stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nuveen Dynamic shares will generate the highest return on investment. By undertsting and applying Nuveen Dynamic stock market strength indicators, traders can identify Nuveen Dynamic Municipal entry and exit signals to maximize returns
Nuveen Dynamic Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nuveen Dynamic's price direction in advance. Along with the technical and fundamental analysis of Nuveen Stock 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 | 0.0452 | |||
| Jensen Alpha | 0.0256 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | 7.0E-4 | |||
| Treynor Ratio | 0.1138 |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nuveen Dynamic Municipal. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Complementary Tools for Nuveen Stock analysis
When running Nuveen Dynamic's price analysis, check to measure Nuveen Dynamic's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nuveen Dynamic is operating at the current time. Most of Nuveen Dynamic's value examination focuses on studying past and present price action to predict the probability of Nuveen Dynamic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nuveen Dynamic's price. Additionally, you may evaluate how the addition of Nuveen Dynamic to your portfolios can decrease your overall portfolio volatility.
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Is Nuveen Dynamic's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nuveen Dynamic. If investors know Nuveen will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nuveen Dynamic listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.59) |
The market value of Nuveen Dynamic Municipal is measured differently than its book value, which is the value of Nuveen that is recorded on the company's balance sheet. Investors also form their own opinion of Nuveen Dynamic's value that differs from its market value or its book value, called intrinsic value, which is Nuveen Dynamic's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nuveen Dynamic's market value can be influenced by many factors that don't directly affect Nuveen Dynamic's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nuveen Dynamic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nuveen Dynamic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nuveen Dynamic's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.