Nuveen Accounts Payable vs Cash And Short Term Investments Analysis
| NDMO Stock | USD 10.79 0.04 0.37% |
Nuveen Dynamic financial indicator trend analysis is infinitely more than just investigating Nuveen Dynamic Municipal recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nuveen Dynamic Municipal is a good investment. Please check the relationship between Nuveen Dynamic Accounts Payable and its Cash And Short Term Investments accounts. 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 closely tied with the direction of predictive economic indicators such as signals in population.
Accounts Payable vs Cash And Short Term Investments
Accounts Payable vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nuveen Dynamic Municipal Accounts Payable account and Cash And Short Term Investments. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Nuveen Dynamic's Accounts Payable and Cash And Short Term Investments is 0.85. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Nuveen Dynamic Municipal, assuming nothing else is changed. The correlation between historical values of Nuveen Dynamic's Accounts Payable and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Nuveen Dynamic Municipal are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Accounts Payable i.e., Nuveen Dynamic's Accounts Payable and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.85 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Accounts Payable
An accounting item on the balance sheet that represents Nuveen Dynamic obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Nuveen Dynamic Municipal are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Nuveen Dynamic Municipal balance sheet. This account contains Nuveen Dynamic investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Nuveen Dynamic Municipal fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Most indicators from Nuveen Dynamic's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nuveen Dynamic Municipal current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. 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 closely tied with the direction of predictive economic indicators such as signals in population. At this time, Nuveen Dynamic's Issuance Of Capital Stock is very stable compared to the past year. As of the 11th of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.03, while Selling General Administrative is likely to drop about 428.2 K.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 5.9M | 10.0M | 11.4M | 12.0M | Depreciation And Amortization | 228.5K | 167.9K | 151.1K | 167.8K |
Nuveen Dynamic fundamental ratios Correlations
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Nuveen Dynamic Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Nuveen Dynamic
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Nuveen Dynamic position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Nuveen Dynamic will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Nuveen Dynamic could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nuveen Dynamic when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Nuveen Dynamic - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Nuveen Dynamic Municipal to buy it.
The correlation of Nuveen Dynamic is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Nuveen Dynamic moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nuveen Dynamic Municipal moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Nuveen Dynamic can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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 closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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 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 0.61 |
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.