Nationwide Bny Financials
| NWAPX Fund | USD 41.31 0.13 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 Bny Fund Summary
Nationwide Bny competes with Touchstone Small, Small-midcap Dividend, Tax-managed, T Rowe, and Us Small. The fund invests, under normal circumstances, at least 80 percent of its net assets in equity securities of U.S. issuers, primarily common stocks. Equity securities also may include preferred stocks, convertible securities and derivatives the value of which are linked to equity securities. The fund also may invest up to 20 percent of its net assets in equity securities of foreign companies, which are companies organized under the laws of countries other than the United States.Specialization | Large Value, Large Value |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | Nationwide Mutual Funds |
| Mutual Fund Family | Nationwide |
| Mutual Fund Category | Large Value |
| Benchmark | Dow Jones Industrial |
| Phone | 800 848 0920 |
| Currency | USD - US Dollar |
Nationwide Bny Key Financial Ratios
Nationwide Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Nationwide Bny's current stock value. Our valuation model uses many indicators to compare Nationwide Bny value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nationwide Bny competition to find correlations between indicators driving Nationwide Bny's intrinsic value. More Info.Nationwide Bny Mellon is number one fund in annual yield among similar funds. It also is number one fund in year to date return among similar funds creating about 1,371 of Year To Date Return per Annual Yield. 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 Bny's earnings, one of the primary drivers of an investment's value.Nationwide Bny Mellon Systematic Risk
Nationwide Bny's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Nationwide Bny 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 ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Nationwide Bny Mellon correlated with the market. If Beta is less than 0 Nationwide Bny generally moves in the opposite direction as compared to the market. If Nationwide Bny Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Nationwide Bny Mellon is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Nationwide Bny is generally in the same direction as the market. If Beta > 1 Nationwide Bny moves generally in the same direction as, but more than the movement of the benchmark.
Nationwide Bny November 30, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Nationwide Bny help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Nationwide Bny Mellon. We use our internally-developed statistical techniques to arrive at the intrinsic value of Nationwide Bny Mellon 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 Bny's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.5124 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 4.32 | |||
| Value At Risk | (0.85) | |||
| Potential Upside | 1.07 |
Other Information on Investing in Nationwide Mutual Fund
Nationwide Bny 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 Bny security.
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk |