NXJ (Nuveen New Jersey Quality Municipalome Fund) Valuation Rank


NXJ Nuveen New Jersey Quality Municipal Income Fund NXJ
12 GF Score
Price $12.61
! 3 Warning Signs
View Full Analysis

What is Nuveen New Jersey Quality Municipalome Fund Valuation Rank?

The Valuation Rank measures the current valuation of a business relative to other companies in the same industry and its own historical valuation. The companies are split in equal numbers and then ranked from 1 to 10, with 10 as the most undervalued and 1 as the most overvalued.

  1. Three factors:
    • Absolute valuation (medpsvalue) relative to current stock price, rank among all companies
    • Historical valuation over the past 10 years. Rank pe, ps, pocf, ev2ebit over their own historical values
    • Industry relative valuation
  2. Companies without enough data is not ranked
  3. Companies with negative earnings are ranked lower

These three factors are used to calculate the value score for every eligible company, with values from 1 to 10. The final ranked companies are split in equal numbers and ranked from 1 to 10, with 10 as the most undervalued, and 1 as the most overvalued. The numbers of companies in each rank are the same.

Nuveen New Jersey Quality Municipalome Fund Valuation Rank Related Terms

NXJ
12GF Score
Nuveen New Jersey Quality Municipal Income Fund NXJ
Valuation Rank is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nuveen New Jersey Quality Municipalome Fund Business Description

Address 333 West Wacker Drive, Chicago, IL, USA, 60606
Nuveen New Jersey Quality Municipal Income Fund is a closed-end investment management company. The Fund seeks to provide current income exempt from regular federal, New York State and New York City income taxes, and from the federal alternative minimum tax for individuals, while enhancing portfolio value relative to the municipal bond market by investing in tax-exempt municipal bonds considered underrated, undervalued, or from undervalued municipal market sectors. It may invest in municipal securities such as lease obligations and certificates of participation, which provide an undivided interest in pools of municipal leases or installment purchase agreements.
12GF Score

Get the complete analysis for NXJ

Valuation Rank is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$12.61
Price