Nationwide Sp 500 Fund Price on November 18, 2024
| GRMAX Fund | USD 28.41 0.11 0.39% |
Below is the normalized historical share price chart for Nationwide Sp 500 extending back to June 29, 2001. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Nationwide stands at 28.41, as last reported on the 27th of November, with the highest price reaching 28.41 and the lowest price hitting 28.41 during the day.
If you're considering investing in Nationwide Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Nationwide Mutual Fund to be very steady. Nationwide Sp 500 has Sharpe Ratio of 0.16, which conveys that the entity had a 0.16% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Nationwide, which you can use to evaluate the volatility of the fund. Please verify Nationwide's Mean Deviation of 0.5449, risk adjusted performance of 0.1113, and Downside Deviation of 0.8445 to check out if the risk estimate we provide is consistent with the expected return of 0.12%.
Nationwide Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Nationwide |
Sharpe Ratio = 0.1572
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Estimated Market Risk
| 0.77 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Nationwide is performing at about 12% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Nationwide by adding it to a well-diversified portfolio.
Nationwide Valuation on November 18, 2024
It is possible to determine the worth of Nationwide on a given historical date. On November 18, 2024 Nationwide was worth 27.91 at the beginning of the trading date compared to the closed value of 27.91. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nationwide mutual fund. Still, in general, we apply an absolute valuation method to find Nationwide's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Nationwide where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nationwide's related companies.
| Open | High | Low | Close | Volume | |
| 27.79 | 27.79 | 27.79 | 27.79 | 1.00 | |
11/18/2024 | 27.91 | 27.91 | 27.91 | 27.91 | 1.00 |
| 28.02 | 28.02 | 28.02 | 28.02 | 1.00 |
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Nationwide Trading Date Momentum on November 18, 2024
| On November 19 2024 Nationwide Sp 500 was traded for 28.02 at the closing time. The highest daily price throughout the period was 28.02 and the lowest price was 28.02 . There was no trading activity during the period 1.0. Lack of trading volume on 11/19/2024 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.39% . The trading delta at closing time to current closing price is 1.79% . |
Nationwide Sp 500 Fundamentals Correlations and Trends
By evaluating Nationwide's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Nationwide's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nationwide financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Nationwide Mutual Fund history
Nationwide investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Nationwide is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nationwide Sp 500 will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Nationwide stock prices may prove useful in developing a viable investing in Nationwide
The fund employs a passive management, or indexing, approach, which seeks to match approximately the performance of the SP 500 Index before the deduction of Fund expenses. The SP 500 Index includes approximately 500 stocks of large U.S. companies in a wide range of businesses. The fund does not necessarily invest in all of the securities included in the SP 500 Index or in the same weightings.
Nationwide Mutual Fund Technical Analysis
Nationwide technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Nationwide Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Nationwide Sp 500 cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Nationwide November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Nationwide mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nationwide shares will generate the highest return on investment. By undertsting and applying Nationwide mutual fund market strength indicators, traders can identify Nationwide Sp 500 entry and exit signals to maximize returns
Nationwide Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nationwide's price direction in advance. Along with the technical and fundamental analysis of Nationwide Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nationwide to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1113 | |||
| Jensen Alpha | 0.0012 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.1219 |
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| Math Transform | ||
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| Volume Indicators |
Other Information on Investing in Nationwide Mutual Fund
Nationwide 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 security.
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments |