Nationwide Destination Financials
| NTDSX Fund | USD 15.65 0.08 0.51% |
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 Destination Fund Summary
Nationwide Destination competes with Nationwide Investor, Nationwide Investor, Nationwide Investor, Nationwide Global, and Nationwide Global. The fund is a fund of funds that invests primarily in affiliated mutual funds representing a variety of asset classes. It invests in a professionally selected mix of different asset classes that is tailored for investors planning to retire in, or close to, the year 2055. The fund allocated approximately 66 percent of its net assets in U.S. stocks , approximately 25 percent in international stocks, and approximately 9 percent to bonds.Specialization | Target-Date 2055, Large Blend |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | Nationwide Mutual Funds |
| Mutual Fund Family | Nationwide |
| Mutual Fund Category | Target-Date 2055 |
| Benchmark | Dow Jones Industrial |
| Phone | 800 848 0920 |
| Currency | USD - US Dollar |
Nationwide Destination Key Financial Ratios
Nationwide Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Nationwide Destination's current stock value. Our valuation model uses many indicators to compare Nationwide Destination value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nationwide Destination competition to find correlations between indicators driving Nationwide Destination's intrinsic value. More Info.Nationwide Destination 2055 is number one fund in price to earning among similar funds. It also is number one fund 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 Destination 2055 is roughly 9.40 . 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 Destination's earnings, one of the primary drivers of an investment's value.Nationwide Destination Systematic Risk
Nationwide Destination's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Nationwide Destination 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 three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Nationwide Destination correlated with the market. If Beta is less than 0 Nationwide Destination generally moves in the opposite direction as compared to the market. If Nationwide Destination Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Nationwide Destination is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Nationwide Destination is generally in the same direction as the market. If Beta > 1 Nationwide Destination moves generally in the same direction as, but more than the movement of the benchmark.
Nationwide Destination November 24, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Nationwide Destination help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Nationwide Destination 2055. We use our internally-developed statistical techniques to arrive at the intrinsic value of Nationwide Destination 2055 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 Destination's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.7032 | |||
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 3.44 | |||
| Value At Risk | (0.97) | |||
| Potential Upside | 1.19 |
Other Information on Investing in Nationwide Mutual Fund
Nationwide Destination 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 Destination security.
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