What is Nuveen Ohio 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.
Based on those aspects listed above, GuruFocus believes the risk assessment of Nuveen Ohio Quality Municipalome Fund is: No Data: Cannot be evaluated.
Competitive Comparison of Nuveen Ohio Quality Municipalome Fund's Risk Assessment
For the Asset Management subindustry, Nuveen Ohio Quality Municipalome Fund's Risk Assessment, along with its competitors' market caps and Risk Assessment data, can be viewed below:
* 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 Ohio Quality Municipalome Fund's Risk Assessment Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Nuveen Ohio Quality Municipalome Fund's Risk Assessment distribution charts can be found below:
* The bar in red indicates where Nuveen Ohio Quality Municipalome Fund's Risk Assessment falls into.
Nuveen Ohio Quality Municipalome Fund (NYSE:NUO) Risk Assessment Explanation
Based on the four aspects listed above, GuruFocus provides the following 7 evaluations:
(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 Ohio Quality Municipalome Fund Risk Assessment Related Terms
Thank you for viewing the detailed overview of Nuveen Ohio Quality Municipalome Fund's Risk Assessment provided by GuruFocus.com. Please click on the following links to see related term pages.
Nuveen Ohio Quality Municipalome Fund (Nuveen Ohio Quality Municipalome Fund) Business Description
Nuveen Ohio Quality Municipal Income Fund is a closed-end management investment company based in the United States. Its primary objective is to provide current income exempt from both regular federal income taxes and Ohio personal income taxes. The fund's secondary objective is the enhancement of portfolio value relative to the Ohio municipal bond market through investments in tax-exempt Ohio Municipal Obligations that, in the opinion of the Fund's investment adviser are underrated or undervalued or that represent municipal market sectors that are undervalued.
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