Nationwide Inflation Protected Securities Fund Price on July 11, 2023
NIFIX Fund | USD 9.03 0.02 0.22% |
Below is the normalized historical share price chart for Nationwide Inflation Protected Securities extending back to September 17, 2012. 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 Inflation-protec stands at 9.03, as last reported on the 1st of December, with the highest price reaching 9.03 and the lowest price hitting 9.03 during the day.
If you're considering investing in Nationwide Mutual Fund, it is important to understand the factors that can impact its price. Nationwide Inflation-protec has Sharpe Ratio of -0.012, which conveys that the entity had a -0.012% return per unit of risk over the last 3 months. Nationwide Inflation-protec exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nationwide Inflation-protec's Standard Deviation of 0.2611, risk adjusted performance of (0.04), and Mean Deviation of 0.2117 to check out the risk estimate we provide.
Nationwide Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Nationwide |
Sharpe Ratio = -0.012
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Estimated Market Risk
0.26 actual daily | 2 98% of assets are more volatile |
Expected Return
0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Nationwide Inflation-protec is not performing at its full potential. However, 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 Inflation-protec by adding Nationwide Inflation-protec to a well-diversified portfolio.
Nationwide Inflation-protec Valuation on July 11, 2023
It is possible to determine the worth of Nationwide Inflation-protec on a given historical date. On July 11, 2023 Nationwide was worth 8.49 at the beginning of the trading date compared to the closed value of 8.49. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nationwide Inflation-protec mutual fund. Still, in general, we apply an absolute valuation method to find Nationwide Inflation-protec'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 Inflation-protec where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nationwide Inflation-protec's related companies.
Open | High | Low | Close | Volume | |
8.49 | 8.49 | 8.49 | 8.49 | 1.00 | |
07/11/2023 | 8.49 | 8.49 | 8.49 | 8.49 | 1.00 |
8.58 | 8.58 | 8.58 | 8.58 | 1.00 |
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Nationwide Inflation-protec Trading Date Momentum on July 11, 2023
On July 12 2023 Nationwide Inflation Protected Securities was traded for 8.58 at the closing time. The highest daily price throughout the period was 8.58 and the lowest price was 8.58 . There was no trading activity during the period 1.0. Lack of trading volume on 07/12/2023 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 1.06% . The trading delta at closing time to current closing price is 1.30% . |
Nationwide Inflation-protec Fundamentals Correlations and Trends
By evaluating Nationwide Inflation-protec'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 Inflation-protec'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 Inflation-protec Mutual Fund history
Nationwide Inflation-protec 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 Inflation-protec 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 Inflation-protec stock prices may prove useful in developing a viable investing in Nationwide Inflation-protec
Under normal circumstances, the fund invests at least 80 percent of its net assets in fixed-income securities that are indexed or linked to the rate of inflation in the United States. It may invest up to 20 percent of its net assets in fixed-income securities that are not linked to inflation. In selecting securities, the subadviser typically maintains a dollar-weighted average portfolio maturity that is up to one year greater than or less than the dollar-weighted average portfolio maturity of the Bloomberg U.S. TIPS Index.
Nationwide Inflation-protec Mutual Fund Technical Analysis
Nationwide Inflation-protec 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 Inflation-protec Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Nationwide Inflation Protected Securities 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 Inflation-protec December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Nationwide Inflation-protec 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 Inflation-protec shares will generate the highest return on investment. By undertsting and applying Nationwide Inflation-protec mutual fund market strength indicators, traders can identify Nationwide Inflation Protected Securities entry and exit signals to maximize returns
Nationwide Inflation-protec Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nationwide Inflation-protec'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 | (0.04) | |||
Jensen Alpha | (0.02) | |||
Total Risk Alpha | (0.06) | |||
Treynor Ratio | (2.92) |
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Other Information on Investing in Nationwide Mutual Fund
Nationwide Inflation-protec 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 Inflation-protec security.
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