Nationwide Fund Financials
| NWFAX Fund | USD 36.11 0.07 0.19% |
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 Fund Summary
Nationwide Fund competes with Icon Natural, Jennison Natural, Invesco Energy, Firsthand Alternative, and Dreyfus Natural. 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 |
| ISIN | US63867R6541 |
| 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 Fund Key Financial Ratios
Nationwide Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Nationwide Fund's current stock value. Our valuation model uses many indicators to compare Nationwide Fund value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nationwide Fund competition to find correlations between indicators driving Nationwide Fund's intrinsic value. More Info.Nationwide Fund Class 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 1.12 of Price To Book per Price To Earning. 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 Fund's earnings, one of the primary drivers of an investment's value.Nationwide Fund Class Systematic Risk
Nationwide Fund's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Nationwide Fund 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 twenty-eight with a total number of output elements of thirty-three. The Beta measures systematic risk based on how returns on Nationwide Fund Class correlated with the market. If Beta is less than 0 Nationwide Fund generally moves in the opposite direction as compared to the market. If Nationwide Fund Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Nationwide Fund Class is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Nationwide Fund is generally in the same direction as the market. If Beta > 1 Nationwide Fund moves generally in the same direction as, but more than the movement of the benchmark.
Nationwide Fund December 2, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Nationwide Fund help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Nationwide Fund Class. We use our internally-developed statistical techniques to arrive at the intrinsic value of Nationwide Fund Class 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 Fund's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.952 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 3.98 | |||
| Value At Risk | (1.57) | |||
| Potential Upside | 1.14 |
Other Information on Investing in Nationwide Mutual Fund
Nationwide Fund 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 Fund security.
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