Nationwide Fund6 Financials
| NWABX Fund | USD 34.78 0.14 0.40% |
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 Fund6 Fund Summary
Nationwide Fund6 competes with Sterling Capital, Artisan High, T Rowe, Ambrus Core, and Touchstone Ohio. The fund invests in a diversified portfolio of common stocks to produce an overall blended equity portfolio consisting of various types of stocks that the subadviser believes offer the potential for capital growth andor dividend income. Most of the stocks in which the fund invests are issued by large-capitalization companies. The subadviser employs a bottom-up approach to selecting securities, emphasizing those that the advisor believes to represent above-average potential for total return, based on fundamental research and analysis.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 Fund6 Key Financial Ratios
Nationwide Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Nationwide Fund6's current stock value. Our valuation model uses many indicators to compare Nationwide Fund6 value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nationwide Fund6 competition to find correlations between indicators driving Nationwide Fund6's intrinsic value. More Info.Nationwide Fund6 is number one fund in price to earning among similar funds. It also is number one fund in annual yield among similar funds . The ratio of Price To Earning to Annual Yield for Nationwide Fund6 is about 515.56 . 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 Fund6's earnings, one of the primary drivers of an investment's value.Nationwide Fund6 Systematic Risk
Nationwide Fund6's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Nationwide Fund6 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 Fund6 correlated with the market. If Beta is less than 0 Nationwide Fund6 generally moves in the opposite direction as compared to the market. If Nationwide Fund6 Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Nationwide Fund6 is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Nationwide Fund6 is generally in the same direction as the market. If Beta > 1 Nationwide Fund6 moves generally in the same direction as, but more than the movement of the benchmark.
Nationwide Fund6 November 28, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Nationwide Fund6 help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Nationwide Fund6. We use our internally-developed statistical techniques to arrive at the intrinsic value of Nationwide Fund6 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 Fund6's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.9339 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 3.98 | |||
| Value At Risk | (1.57) | |||
| Potential Upside | 1.15 |
Other Information on Investing in Nationwide Mutual Fund
Nationwide Fund6 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 Fund6 security.
| CEOs Directory Screen CEOs from public companies around the world | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets |