Is Nuveen California Stock a Good Investment?
Nuveen California Investment Advice | NXC |
- Examine Nuveen California's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Nuveen California's leadership team and their track record. Good management can help Nuveen California navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Asset Management & Custody Banks space and any emerging trends that could impact Nuveen California's business and its evolving consumer preferences.
- Compare Nuveen California's performance and market position to its competitors. Analyze how Nuveen California is positioned in terms of product offerings, innovation, and market share.
- Check if Nuveen California pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Nuveen California's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Nuveen California Select stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Nuveen California Select is a good investment.
Sell | Buy |
Strong Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Not Available | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Nuveen California Stock
Researching Nuveen California's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 17.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 0.95. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Nuveen California Select last dividend was issued on the 14th of June 2024.
To determine if Nuveen California is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Nuveen California's research are outlined below:
| Nuveen California generated a negative expected return over the last 90 days | |
| Nuveen California has a poor financial position based on the latest SEC disclosures | |
| On 3rd of June 2024 Nuveen California paid $ 0.0455 per share dividend to its current shareholders | |
| Latest headline from news.google.com: Nuveen California Select Tax-Free Income Portfolio to Issue Dividend of 0.05 - MarketBeat |
Nuveen California's market capitalization trends
The company currently falls under 'Micro-Cap' category with a total capitalization of 83.28 M.Market Cap |
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Nuveen California's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.06 | 0.06 | |
| Return On Capital Employed | 0.06 | 0.03 | |
| Return On Assets | 0.06 | 0.06 | |
| Return On Equity | 0.06 | 0.06 |
Determining Nuveen California's profitability involves analyzing its financial statements and using various financial metrics to determine if Nuveen California is a good buy. For example, gross profit margin measures Nuveen California's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Nuveen California's profitability and make more informed investment decisions.
The data published in Nuveen California's official financial statements typically reflect Nuveen California's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Nuveen California's quantitative information. For example, before you start analyzing numbers published by Nuveen accountants, it’s essential to understand Nuveen California's liquidity, profitability, and earnings quality within the context of the Capital Markets space in which it operates.
Please note, the presentation of Nuveen California's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Nuveen California's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Nuveen California's management manipulating its earnings.
Evaluate Nuveen California's management efficiency
Nuveen California Select has Return on Asset of 0.0239 % which means that on every $100 spent on assets, it made $0.0239 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0579 %, implying that it generated $0.0579 on every 100 dollars invested. Nuveen California's management efficiency ratios could be used to measure how well Nuveen California manages its routine affairs as well as how well it operates its assets and liabilities. At present, Nuveen California's Return On Assets are projected to increase slightly based on the last few years of reporting. The current year's Return On Equity is expected to grow to 0.06, whereas Return On Capital Employed is forecasted to decline to 0.03. At present, Nuveen California's Other Assets are projected to increase significantly based on the last few years of reporting. The current year's Return On Tangible Assets is expected to grow to 0.06, whereas Net Tangible Assets are forecasted to decline to about 104 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 13.98 | 15.83 | |
| Tangible Book Value Per Share | 14.00 | 15.83 | |
| Enterprise Value Over EBITDA | 16.34 | 39.68 | |
| Price Book Value Ratio | 0.94 | 1.03 | |
| Enterprise Value Multiple | 16.34 | 39.68 | |
| Price Fair Value | 0.94 | 1.03 | |
| Enterprise Value | 83.3 M | 102.5 M |
The analysis of Nuveen California's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Nuveen California's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Nuveen Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Dividend Yield 0.0417 | Forward Dividend Yield 0.0417 | Forward Dividend Rate 0.55 | Beta 0.279 |
Basic technical analysis of Nuveen Stock
As of the 7th of June, Nuveen California secures the Downside Deviation of 0.9381, mean deviation of 0.5683, and Risk Adjusted Performance of 0.0091. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Nuveen California Select, as well as the relationship between them.Nuveen California's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Nuveen California insiders, such as employees or executives, is commonly permitted as long as it does not rely on Nuveen California's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Nuveen California insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Albin Moschner over two months ago Insider Trading | ||
Dejong Kristen over two months ago Insider Trading | ||
Nelson James N Iii over three months ago Insider Trading |
Understand Nuveen California's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Nuveen California's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0091 | |||
| Market Risk Adjusted Performance | 0.0069 | |||
| Mean Deviation | 0.5683 | |||
| Semi Deviation | 0.8564 | |||
| Downside Deviation | 0.9381 | |||
| Coefficient Of Variation | 8868.39 | |||
| Standard Deviation | 0.7879 | |||
| Variance | 0.6209 | |||
| Information Ratio | (0.01) | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0) | |||
| Maximum Drawdown | 4.95 | |||
| Value At Risk | (1.09) | |||
| Potential Upside | 0.936 | |||
| Downside Variance | 0.88 | |||
| Semi Variance | 0.7333 | |||
| Expected Short fall | (0.58) | |||
| Skewness | (0.99) | |||
| Kurtosis | 3.37 |
| Risk Adjusted Performance | 0.0091 | |||
| Market Risk Adjusted Performance | 0.0069 | |||
| Mean Deviation | 0.5683 | |||
| Semi Deviation | 0.8564 | |||
| Downside Deviation | 0.9381 | |||
| Coefficient Of Variation | 8868.39 | |||
| Standard Deviation | 0.7879 | |||
| Variance | 0.6209 | |||
| Information Ratio | (0.01) | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0) | |||
| Maximum Drawdown | 4.95 | |||
| Value At Risk | (1.09) | |||
| Potential Upside | 0.936 | |||
| Downside Variance | 0.88 | |||
| Semi Variance | 0.7333 | |||
| Expected Short fall | (0.58) | |||
| Skewness | (0.99) | |||
| Kurtosis | 3.37 |
Consider Nuveen California's intraday indicators
Nuveen California intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Nuveen California stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 259.02 | |||
| Daily Balance Of Power | (0.21) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 13.05 | |||
| Day Typical Price | 13.05 | |||
| Price Action Indicator | (0.01) | |||
| Period Momentum Indicator | (0.03) |
Nuveen California Corporate Filings
| 20th of May 2024 Other Reports | ViewVerify | |
| 14th of May 2024 Other Reports | ViewVerify | |
| 3rd of May 2024 Other Reports | ViewVerify | |
| 26th of April 2024 Other Reports | ViewVerify |
Nuveen Stock media impact
Far too much social signal, news, headlines, and media speculation about Nuveen California that are available to investors today. That information is available publicly through Nuveen media outlets and privately through word of mouth or via Nuveen internal channels. However, regardless of the origin, that massive amount of Nuveen data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Nuveen California news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Nuveen California relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Nuveen California's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Nuveen California alpha.
Nuveen California Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Nuveen California can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Nuveen California Corporate Directors
| Robert Young | Independent Director | Profile | |
| Jack Evans | Independent Director | Profile | |
| Judith Stockdale | Independent Director | Profile | |
| Margaret Wolff | Independent Director | Profile |
Additional Information and Resources on Investing in Nuveen Stock
When determining whether Nuveen California Select offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Nuveen California's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Nuveen California Select Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nuveen California Select Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nuveen California Select. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Is Asset Management & Custody Banks space 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 California. 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 California listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 13.302 | Dividend Share 0.528 | Earnings Share 0.8 | Revenue Per Share 0.581 | Quarterly Revenue Growth 0.016 |
The market value of Nuveen California Select 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 California's value that differs from its market value or its book value, called intrinsic value, which is Nuveen California'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 California's market value can be influenced by many factors that don't directly affect Nuveen California's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Nuveen California's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Nuveen California is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nuveen California'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.