Nuveen Arizona Financials
| NAZ Fund | USD 12.25 0.15 1.24% |
Nuveen |
Please note that you must use caution to infer results of funds 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 Arizona Fund Summary
Nuveen Arizona competes with GCM Grosvenor, Nuveen Municipalome, Blackrock Muniholdings, Abrdn Emerging, and Aberdeen Global. Nuveen Arizona Quality Municipal Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc. The fund is managed by Nuveen Asset Management, LLC. It invests in the fixed income markets of Arizona. The fund invests in municipal securities and other related investments the income, exempt from regular federal and Arizona income taxes that are rated Baa or BBB or better and having an average maturity of 18.66 years. It employs fundamental analysis with bottom-up stock picking approach to create its portfolio. The fund benchmarks the performance of its portfolio against the Standard Poors Arizona Municipal Bond Index and Standard Poors National Municipal Bond Index. The fund was formerly known as Nuveen Arizona Premium Income Municipal Fund. Nuveen Arizona Quality Municipal Income Fund was formed on November 19, 1992 and is domiciled in the United States.Specialization | null, Muni Single State Long |
| Instrument | USA Fund View All |
| Exchange | New York Stock Exchange |
| ISIN | US67061W1045 |
| CUSIP | 67061W104 67061W609 67061W401 |
| Location | Illinois; U.S.A |
| Business Address | 333 West Wacker |
| Fund Family | Financial Services |
| Fund Category | Asset Management |
| Benchmark | Dow Jones Industrial |
| Website | www.nuveen.com/cef/product/overview.aspx?fundcode=naz&refsrc=vu_nuveen.com/naz |
| Phone | 312 917 7700 |
| Currency | USD - US Dollar |
Nuveen Arizona Key Financial Ratios
Nuveen Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Nuveen Arizona's current stock value. Our valuation model uses many indicators to compare Nuveen Arizona value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nuveen Arizona competition to find correlations between indicators driving Nuveen Arizona's intrinsic value. More Info.Nuveen Arizona Quality is number one fund in price to earning among similar funds. It also is number one fund in price to book among similar funds . The ratio of Price To Earning to Price To Book for Nuveen Arizona Quality is about 423.40 . 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 Arizona's earnings, one of the primary drivers of an investment's value.Nuveen Arizona Quality Systematic Risk
Nuveen Arizona's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Nuveen Arizona 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 Arizona Quality correlated with the market. If Beta is less than 0 Nuveen Arizona generally moves in the opposite direction as compared to the market. If Nuveen Arizona Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Nuveen Arizona Quality is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Nuveen Arizona is generally in the same direction as the market. If Beta > 1 Nuveen Arizona moves generally in the same direction as, but more than the movement of the benchmark.
Nuveen Arizona November 23, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Nuveen Arizona help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Nuveen Arizona Quality. We use our internally-developed statistical techniques to arrive at the intrinsic value of Nuveen Arizona Quality 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 Arizona's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.57 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 5.52 | |||
| Value At Risk | (0.95) | |||
| Potential Upside | 1.24 |
Other Information on Investing in Nuveen Fund
Nuveen Arizona financial ratios help investors to determine whether Nuveen Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Nuveen with respect to the benefits of owning Nuveen Arizona security.
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