Nuveen Preferred Income Fund Price on March 27, 2024
| JPC Fund | USD 7.47 0.03 0.40% |
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 7.47, as last reported on the 27th of June, with the highest price reaching 7.50 and the lowest price hitting 7.43 during the day.
If you're considering investing in Nuveen Fund, it is important to understand the factors that can impact its price. At this point, Nuveen Preferred is very steady. Nuveen Preferred Income has Sharpe Ratio of 0.17, which conveys that the entity had a 0.17% 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 Mean Deviation of 0.4879, downside deviation of 0.6984, and Risk Adjusted Performance of 0.097 to check out if the risk estimate we provide is consistent with the expected return of 0.11%.
Nuveen Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Nuveen |
Sharpe Ratio = 0.1718
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Estimated Market Risk
| 0.62 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Nuveen Preferred is performing at about 13% 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 Valuation on March 27, 2024
It is possible to determine the worth of Nuveen Preferred on a given historical date. On March 27, 2024 Nuveen was worth 6.98 at the beginning of the trading date compared to the closed value of 6.97. 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 | |
| 7.00 | 7.04 | 6.95 | 6.98 | 1,139,783 | |
03/27/2024 | 6.98 | 7.06 | 6.92 | 6.97 | 1,618,843 |
| 6.97 | 7.04 | 6.94 | 7.03 | 957,885 |
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Nuveen Preferred Trading Date Momentum on March 27, 2024
| On March 28 2024 Nuveen Preferred Income was traded for 7.03 at the closing time. Highest Nuveen Preferred's price during the trading hours was 7.04 and the lowest price during the day was 6.94 . The net volume was 957.9 K. The overall trading history on the 28th of March contributed to the next trading period price growth. The trading delta at closing time to the next next day price was 0.86% . The trading delta at closing time to current price is 0.29% . |