Nationwide Fund Institutional Fund Price on October 3, 2024
| MUIFX Fund | USD 34.78 0.14 0.40% |
Below is the normalized historical share price chart for Nationwide Fund Institutional extending back to May 15, 1986. 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 Fund stands at 34.78, as last reported on the 28th of November, with the highest price reaching 34.78 and the lowest price hitting 34.78 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 Fund Inst has Sharpe Ratio of 0.11, which conveys that the entity had a 0.11% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Nationwide Fund, which you can use to evaluate the volatility of the fund. Please verify Nationwide Fund's Mean Deviation of 0.5664, risk adjusted performance of 0.0938, and Downside Deviation of 0.9188 to check out if the risk estimate we provide is consistent with the expected return of 0.094%.
Nationwide Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Nationwide |
Sharpe Ratio = 0.1147
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Estimated Market Risk
| 0.82 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 9 91% of assets perform better |
Based on monthly moving average Nationwide Fund is performing at about 9% 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 Fund by adding it to a well-diversified portfolio.
Nationwide Fund Valuation on October 3, 2024
It is possible to determine the worth of Nationwide Fund on a given historical date. On October 3, 2024 Nationwide was worth 32.9 at the beginning of the trading date compared to the closed value of 32.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nationwide Fund mutual fund. Still, in general, we apply an absolute valuation method to find Nationwide Fund'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 Fund where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nationwide Fund's related companies.
| Open | High | Low | Close | Volume | |
| 32.97 | 32.97 | 32.97 | 32.97 | 1.00 | |
10/03/2024 | 32.90 | 32.90 | 32.90 | 32.90 | 1.00 |
| 33.24 | 33.24 | 33.24 | 33.24 | 1.00 |
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Nationwide Fund Trading Date Momentum on October 3, 2024
| On October 04 2024 Nationwide Fund Institutional was traded for 33.24 at the closing time. The highest daily price throughout the period was 33.24 and the lowest price was 33.24 . There was no trading activity during the period 1.0. Lack of trading volume on 10/04/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 1.03% . The trading delta at closing time to current closing price is 3.40% . |
Nationwide Fund Inst Fundamentals Correlations and Trends
By evaluating Nationwide Fund'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 Fund'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 Fund Mutual Fund history
Nationwide Fund 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 Fund Inst 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 Fund stock prices may prove useful in developing a viable investing in Nationwide Fund
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.
Nationwide Fund Mutual Fund Technical Analysis
Nationwide Fund 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 Fund Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Nationwide Fund Institutional 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 Fund November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Nationwide Fund 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 Fund shares will generate the highest return on investment. By undertsting and applying Nationwide Fund mutual fund market strength indicators, traders can identify Nationwide Fund Institutional entry and exit signals to maximize returns
Nationwide Fund Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nationwide Fund'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 | 0.0938 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.1045 |
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| Volume Indicators |
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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