Nationwide International Index Fund Buy Hold or Sell Recommendation

GIIRX Fund  USD 8.83  0.05  0.57%   
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Nationwide International Index is 'Sell'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Nationwide International Index given historical horizon and risk tolerance towards Nationwide International. When Macroaxis issues a 'buy' or 'sell' recommendation for Nationwide International Index, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Nationwide International Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
Note, we conduct extensive research on individual funds such as Nationwide and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards Nationwide International Index. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Execute Nationwide International Buy or Sell Advice

The Nationwide recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Nationwide International Index. Macroaxis does not own or have any residual interests in Nationwide International Index or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Nationwide International's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Nationwide InternationalBuy Nationwide International
Sell

Market Performance

Very WeakDetails

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

Fairly ValuedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Moves indifferently to market movesDetails

Analyst Consensus

Not AvailableDetails
For the selected time horizon Nationwide International Index has a Mean Deviation of 0.6453, Standard Deviation of 0.8238 and Variance of 0.6786
We provide investment recommendation to complement the last-minute expert consensus on Nationwide International Index. Our dynamic recommendation engine harnesses a multidimensional algorithm to analyze the entity's potential to grow using all technical and fundamental data available at the time. Use Nationwide International Index one year return and cash position weight to ensure your buy or sell decision on Nationwide International is adequate.

Nationwide International Trading Alerts and Improvement Suggestions

Nationwide International generated a negative expected return over the last 90 days
The fund retains 99.41% of its assets under management (AUM) in equities

Nationwide International Returns Distribution Density

The distribution of Nationwide International's historical returns is an attempt to chart the uncertainty of Nationwide International's future price movements. The chart of the probability distribution of Nationwide International daily returns describes the distribution of returns around its average expected value. We use Nationwide International Index price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Nationwide International returns is essential to provide solid investment advice for Nationwide International.
Mean Return
-0.09
Value At Risk
-1.71
Potential Upside
1.00
Standard Deviation
0.82
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Nationwide International historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Nationwide International Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Nationwide International or Nationwide sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Nationwide International's price will be affected by overall mutual fund market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Nationwide fund's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over Dow Jones
-0.1
β
Beta against Dow Jones-0.04
σ
Overall volatility
0.84
Ir
Information ratio -0.27

Nationwide International Volatility Alert

Nationwide International Index exhibits very low volatility with skewness of 0.08 and kurtosis of 0.49. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Nationwide International's mutual fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Nationwide International's mutual fund price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

Nationwide International Fundamentals Vs Peers

Comparing Nationwide International's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Nationwide International's direct or indirect competition across all of the common fundamentals between Nationwide International and the related equities. This way, we can detect undervalued stocks with similar characteristics as Nationwide International or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Nationwide International's fundamental indicators could also be used in its relative valuation, which is a method of valuing Nationwide International by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Nationwide International to competition
FundamentalsNationwide InternationalPeer Average
Price To Earning16.00 X6.53 X
Price To Book1.44 X0.74 X
Price To Sales1.00 X0.61 X
Annual Yield0.03 %0.29 %
Year To Date Return4.51 %0.39 %
One Year Return9.79 %4.15 %
Three Year Return1.73 %3.60 %
Five Year Return4.70 %3.24 %
Ten Year Return4.61 %1.79 %
Net Asset1.57 B4.11 B
Last Dividend Paid0.020.65
Cash Position Weight0.46 %10.61 %
Equity Positions Weight99.41 %63.90 %

Nationwide International Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Nationwide . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Nationwide International Buy or Sell Advice

When is the right time to buy or sell Nationwide International Index? Buying financial instruments such as Nationwide Mutual Fund isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

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In addition to having Nationwide International in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Healthcare Funds Theme or any other thematic opportunities.
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Other Information on Investing in Nationwide Mutual Fund

Nationwide International 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 International security.
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