Nuveen Connecticut Premium Income Municipal Fund Common Stock Credit Rating & Financial Statements Analysis
BOSTON (AC Invest Credit Rating Terminal) Fri Jan 21 2022 00:42:03 GMT+0000 (Coordinated Universal Time) AI Credit Ratings today took the rating actions below:
Rating Model for Nuveen Connecticut Premium Income Municipal Fund Common Stock: We estimate the credit risk parameters by Wien Bridge Oscillator and Beta
*Machine Learning utilizes multiple learning algorithms to obtain better predictive powers. In our research, we utilize machine learning to combine the results from the Neural Network and Support Vector Machines.
Credit Rating Rationales & Model
When calculating sources of liquidity, we only include the undrawn, available portion of committed bank lines maturing beyond the specified time horizon for each liquidity descriptor. For example, when assessing liquidity as adequate, we only include a committed revolving credit facility as a source if it matured beyond the next 12 months. Similarly, given that our liquidity assessment looks out over two years when assessing liquidity as strong or exceptional, we only include a facility maturing beyond 24 months as a source of liquidity.Rating Model for Nuveen Connecticut Premium Income Municipal Fund Common Stock: We estimate the credit risk parameters by Wien Bridge Oscillator and Beta
Credit Ratings for Nuveen Connecticut Premium Income Municipal Fund Common Stock as of 21 Jan 2022
| Credit Rating | Short-Term | Long-Term Senior |
|---|---|---|
| AI Rating Class* | B2 | Ba3 |
| Semantic Signals | 75 | 33 |
| Financial Signals | 33 | 67 |
| Risk Signals | 86 | 86 |
| Substantial Risks | 38 | 67 |
| Speculative Signals | 44 | 75 |
*Machine Learning utilizes multiple learning algorithms to obtain better predictive powers. In our research, we utilize machine learning to combine the results from the Neural Network and Support Vector Machines.