Nationwide Mid Financials
| GMXRX Fund | USD 18.49 0.06 0.32% |
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 Mid Fund Summary
Nationwide Mid competes with Nationwide Small, Nationwide Mid, Janus Triton, Nationwide, and Blackrock. The fund normally invests at least 80 percent of its net assets in equity securities of companies included in the SP MidCap 400 Index. The SP MidCap 400 Index includes approximately 400 stocks of mid-cap U.S. companies in a wide range of businesses. The adviser employs a passive management, or indexing, approach, which seeks to match approximately the performance of the SP MidCap 400 Index before the deduction of fund expenses.Specialization | Mid-Cap Blend, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | Nationwide Mutual Funds |
| Mutual Fund Family | Nationwide |
| Mutual Fund Category | Mid-Cap Blend |
| Benchmark | Dow Jones Industrial |
| Phone | 800 848 0920 |
| Currency | USD - US Dollar |
Nationwide Mid Key Financial Ratios
Nationwide Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Nationwide Mid's current stock value. Our valuation model uses many indicators to compare Nationwide Mid value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nationwide Mid competition to find correlations between indicators driving Nationwide Mid's intrinsic value. More Info.Nationwide Mid Cap is one of the top funds in price to earning among similar funds. It also is one of the top funds in price to book among similar funds fabricating about 0.11 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Nationwide Mid Cap is roughly 9.35 . 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 Mid's earnings, one of the primary drivers of an investment's value.Nationwide Mid Cap Systematic Risk
Nationwide Mid's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Nationwide Mid 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 Mid Cap correlated with the market. If Beta is less than 0 Nationwide Mid generally moves in the opposite direction as compared to the market. If Nationwide Mid Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Nationwide Mid Cap is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Nationwide Mid is generally in the same direction as the market. If Beta > 1 Nationwide Mid moves generally in the same direction as, but more than the movement of the benchmark.
Nationwide Mid November 28, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Nationwide Mid help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Nationwide Mid Cap. We use our internally-developed statistical techniques to arrive at the intrinsic value of Nationwide Mid 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 Mid's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.8817 | |||
| Information Ratio | 0.0143 | |||
| Maximum Drawdown | 5.22 | |||
| Value At Risk | (1.20) | |||
| Potential Upside | 1.69 |
Other Information on Investing in Nationwide Mutual Fund
Nationwide Mid 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 Mid security.
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