Nationwide Small Financials
| GMRAX Fund | USD 13.31 0.01 0.08% |
Nationwide |
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Nationwide Small Fund Summary
Nationwide Small competes with Vanguard Small-cap, T Rowe, HUMANA, Barloworld, and Morningstar Unconstrained. The fund employs a passive management, or indexing, approach, which seeks to match approximately the performance of the Russell 2000 Index before the deduction of fund expenses. It normally invests at least 80 percent of its net assets in a statistically selected sampling of equity securities of companies included in the Russell 2000 Index. The Russell 2000 Index is composed of approximately 2,000 common stocks of small-cap U.S. companies in a wide range of businesses.Specialization | Small Blend, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| ISIN | US63867V7055 |
| Business Address | Nationwide Mutual Funds |
| Mutual Fund Family | Nationwide |
| Mutual Fund Category | Small Blend |
| Benchmark | Dow Jones Industrial |
| Phone | 800 848 0920 |
| Currency | USD - US Dollar |
Nationwide Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Nationwide Small's current stock value. Our valuation model uses many indicators to compare Nationwide Small value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nationwide Small competition to find correlations between indicators driving Nationwide Small's intrinsic value. More Info.Nationwide Small Cap is one of the top funds in price to earning among similar funds. It is rated # 2 fund in price to book among similar funds fabricating about 0.09 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Nationwide Small Cap is roughly 11.40 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Nationwide Small's earnings, one of the primary drivers of an investment's value.Nationwide Small Cap Systematic Risk
Nationwide Small's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Nationwide Small volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Nationwide Small Cap correlated with the market. If Beta is less than 0 Nationwide Small generally moves in the opposite direction as compared to the market. If Nationwide Small Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Nationwide Small Cap is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Nationwide Small is generally in the same direction as the market. If Beta > 1 Nationwide Small moves generally in the same direction as, but more than the movement of the benchmark.
Nationwide Small November 27, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Nationwide Small help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Nationwide Small Cap. We use our internally-developed statistical techniques to arrive at the intrinsic value of Nationwide Small Cap based on widely used predictive technical indicators. In general, we focus on analyzing Nationwide Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Nationwide Small's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.13 | |||
| Information Ratio | 0.0115 | |||
| Maximum Drawdown | 7.6 | |||
| Value At Risk | (1.63) | |||
| Potential Upside | 2.08 |
Other Information on Investing in Nationwide Mutual Fund
Nationwide Small financial ratios help investors to determine whether Nationwide Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Nationwide with respect to the benefits of owning Nationwide Small security.
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