Nationwide Financials
| GRMRX Fund | USD 28.21 0.11 0.39% |
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 Fund Summary
Nationwide competes with Franklin Adjustable, John Hancock, Dunham Corporate/govern, Federated Government, and Aig Government. The fund employs a passive management, or indexing, approach, which seeks to match approximately the performance of the SP 500 Index before the deduction of Fund expenses. The SP 500 Index includes approximately 500 stocks of large U.S. companies in a wide range of businesses. The fund does not necessarily invest in all of the securities included in the SP 500 Index or in the same weightings.Specialization | Large Blend, Large Blend |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | Nationwide Mutual Funds |
| Mutual Fund Family | Nationwide |
| Mutual Fund Category | Large Blend |
| Benchmark | Dow Jones Industrial |
| Phone | 800 848 0920 |
| Currency | USD - US Dollar |
Nationwide Key Financial Ratios
Nationwide Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Nationwide's current stock value. Our valuation model uses many indicators to compare Nationwide value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nationwide competition to find correlations between indicators driving Nationwide's intrinsic value. More Info.Nationwide Sp 500 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 0.14 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Nationwide Sp 500 is roughly 7.29 . 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's earnings, one of the primary drivers of an investment's value.Nationwide Sp 500 Systematic Risk
Nationwide's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Nationwide 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 Sp 500 correlated with the market. If Beta is less than 0 Nationwide generally moves in the opposite direction as compared to the market. If Nationwide Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Nationwide Sp 500 is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Nationwide is generally in the same direction as the market. If Beta > 1 Nationwide moves generally in the same direction as, but more than the movement of the benchmark.
Nationwide November 28, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Nationwide help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Nationwide Sp 500. We use our internally-developed statistical techniques to arrive at the intrinsic value of Nationwide Sp 500 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's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.835 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 3.86 | |||
| Value At Risk | (1.32) | |||
| Potential Upside | 1.14 |
Other Information on Investing in Nationwide Mutual Fund
Nationwide 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 security.
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