What Is Nuveen California AMT-Free Qual (NKX) Worth in 2026?
According to the CirclFi Deep Alpha Valuation Engine, the balance of valuation evidence tilts cautious on Nuveen California AMT-Free Qual at its current price of $12.58. The composite intrinsic value is estimated at $9.27 (-26.3% average return), with 6 models flagging overvaluation risk. Notably, ML-RIV sees the most upside at +33.1% (fair value: $16.75), while Regime Cross is the most conservative at -84.5% ($1.95). The spread between these extremes — +117.6% — reveals how different analytical frameworks can reach starkly different conclusions.
What Do the Models Say About NKX?
10 of 13 models are currently active for NKX. Of these, 3 models suggest upside while 7 models suggest overvaluation. The Bayesian DCF estimates NKX's intrinsic value at $3.29, implying -73.8% downside from the current price. See which stocks rank higher →
How Does NKX Rank in —?
NKX operates in the — sector. CirclFi's QOC score of 2.0/10 evaluates 32 fundamental signals. A score of 2.0 signals below-average fundamentals.
Nuveen California AMT-Free Qual operates in a competitive landscape where fundamental quality metrics are key differentiators for long-term value creation.
Is NKX a Value Trap?
The Value Trap algorithm is not active for NKX. The score cross-references apparent undervaluation against fundamental deterioration signals. Browse lowest value-trap stocks →
Multi-Model Methodology
10 of 13 models are active for Nuveen California AMT-Free Qual. Broad coverage provides high confidence. Each model applies a fundamentally different valuation philosophy. See the complete methodology →
According to the CirclFi 32-factor quality framework, Nuveen California AMT-Free Qual's fundamental quality profile registers 2.0/10. This concerning score captures the company's profitability depth, growth consistency, balance sheet resilience, and shareholder return track record.
The gap between the most bullish and bearish model spans +117.6% — demonstrating why single-model analysis is dangerous. Browse all stocks with 13-model coverage →
Data Sources & Confidence
Every NKX valuation is built from SEC EDGAR XBRL filings — 700+ standardized financial tags. Macroeconomic context from FRED calibrates discount rates, while GDELT news sentiment feeds into our Sentiment SOTP model. All pipelines run daily. Read the complete data methodology →
Across NKX's 10 active models, average confidence is 3%. Lower confidence may reflect limited history or high volatility.
CirclFi's output is a research starting point, not a buy/sell signal. All data updates daily. Read the full methodology →
Buy with Gumroad