What is Nuveen New York AMT-Free Quality Municipalome Fund Risk Assessment?
Risk Assessment represents the investment risk of a stock derived from our exclusive method. It suggests how risky the investment opportunity is based on the valuation and the fundamental performance of the stock. It is derived from following key aspects:
1. GuruFocus internally developed valuations of the stock, such as GF valuation.
2. Quality Rank, a business quality indicator developed by GuruFocus.
3. Fundamental performance: Piotroski F-Score, Altman Z-Score, Beneish M-Score, etc.
4. Growth opportunities: 5-year revenue growth rate, 5-Year EPS without NRI Growth Rate, etc.
Value investors are always willing to find undervalued stocks. However, not all the undervalued stocks are good deals, we should also be careful of how risky the investment opportunity is. We believe that if the company's financial strength and profitability are strong, and the stock price is within a reasonable range of the GF valuation, or stock has a high return with its price being undervalued, then it might be a good investment opportunity with low risk.
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Nuveen New York AMT-Free Quality Municipalome Fund's Risk Assessment Distribution in the Asset Management Industry
(1) These are some simple examples. You can access our Risk Assessment filter under All-in-One Screener’s Fundamental tab and set your own criteria.
Nuveen New York AMT-Free Quality Municipalome Fund Risk Assessment Related Terms
Thank you for viewing the detailed overview of Nuveen New York AMT-Free Quality Municipalome Fund's Risk Assessment provided by GuruFocus.com. Please click on the following links to see related term pages.
Nuveen New York AMT-Free Quality Municipalome Fund (Nuveen New York AMT-Free Quality Municipalome Fund) Business Description
Nuveen New York AMT-Free Quality Municipal Income Fund is a closed-end investment company. Its investment objective is to provide current income exempt from regular federal, New York State, and New York City income taxes and from the federal alternative minimum tax applies to individuals and to enhance portfolio value relative to the municipal bond market by investing in tax-exempt municipal bonds that the Fund's investment adviser believes are underrated or undervalued or that represent municipal market sectors that are undervalued.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
NRK has been successfully added to your