Nationwide Financials
NSPI Etf | USD 21.29 0.00 0.00% |
Nationwide |
The data published in Nationwide's official financial statements typically reflect Nationwide's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Nationwide's quantitative information. For example, before you start analyzing numbers published by Nationwide accountants, it's essential to understand Nationwide's liquidity, profitability, and earnings quality within the context of the Nationwide space in which it operates.
Nationwide Etf Summary
Nationwide competes with Global X, Global X, and Global X. The fund is an actively-managed exchange-traded fund that invests in a portfolio of the stocks included in the SP 500 Index and an options collar on the SP 500. ETF SP is traded on NYSEARCA Exchange in the United States.Instrument | USA Etf View All |
Exchange | NASDAQ Exchange |
Region | Others |
Investment Issuer | Others |
Etf Family | Nationwide |
Fund Category | Others |
Portfolio Concentration | Others |
Benchmark | Dow Jones Industrial |
Phone | NA |
Currency | USD - US Dollar |
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 is regarded second largest ETF in one year return as compared to similar ETFs. It also is regarded second largest ETF in net asset as compared to similar ETFs making up about 1,652,632 of Net Asset per One Year Return. 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 Market Pulse
Quote | 21.29 |
Change(%) | 0.00 |
Change | 0.00 |
Open | 21.29 |
Low | 21.29 |
High | 21.29 |
Volume | 0 |
Exchange | NASDAQ |
About Nationwide Financials
What exactly are Nationwide Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Nationwide's income statement, its balance sheet, and the statement of cash flows. Potential Nationwide investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Nationwide investors may use each financial statement separately, they are all related. The changes in Nationwide's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Nationwide's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.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. We use our internally-developed statistical techniques to arrive at the intrinsic value of Nationwide based on widely used predictive technical indicators. In general, we focus on analyzing Nationwide Etf 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 | 0.5332 | |||
Information Ratio | (0.05) | |||
Maximum Drawdown | 2.95 | |||
Value At Risk | (0.70) | |||
Potential Upside | 1.05 |
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the Stocks Directory module to find actively traded stocks across global markets.
The market value of Nationwide is measured differently than its book value, which is the value of Nationwide that is recorded on the company's balance sheet. Investors also form their own opinion of Nationwide's value that differs from its market value or its book value, called intrinsic value, which is Nationwide's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nationwide's market value can be influenced by many factors that don't directly affect Nationwide's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nationwide's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nationwide is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nationwide's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.