Nationwide Mellon Disciplined Fund Price on September 30, 2024
| NWAMX Fund | USD 41.35 0.14 0.34% |
Below is the normalized historical share price chart for Nationwide Mellon Disciplined extending back to June 01, 1992. 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 Mellon stands at 41.35, as last reported on the 1st of December, with the highest price reaching 41.35 and the lowest price hitting 41.35 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 Mellon has Sharpe Ratio of 0.2, which conveys that the entity had a 0.2% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Nationwide Mellon, which you can use to evaluate the volatility of the fund. Please verify Nationwide Mellon's Downside Deviation of 0.5185, mean deviation of 0.5355, and Risk Adjusted Performance of 0.1458 to check out if the risk estimate we provide is consistent with the expected return of 0.13%.
Nationwide Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Nationwide |
Sharpe Ratio = 0.1954
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| Cash | NWAMX | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.69 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average Nationwide Mellon is performing at about 15% 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 Mellon by adding it to a well-diversified portfolio.
Nationwide Mellon Valuation on September 30, 2024
It is possible to determine the worth of Nationwide Mellon on a given historical date. On September 30, 2024 Nationwide was worth 39.23 at the beginning of the trading date compared to the closed value of 39.23. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nationwide Mellon mutual fund. Still, in general, we apply an absolute valuation method to find Nationwide Mellon'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 Mellon where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nationwide Mellon's related companies.
| Open | High | Low | Close | Volume | |
| 39.15 | 39.15 | 39.15 | 39.15 | 1.00 | |
09/30/2024 | 39.23 | 39.23 | 39.23 | 39.23 | 1.00 |
| 39.19 | 39.19 | 39.19 | 39.19 | 1.00 |
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Nationwide Mellon Trading Date Momentum on September 30, 2024
| On October 01 2024 Nationwide Mellon Disciplined was traded for 39.19 at the closing time. The highest daily price throughout the period was 39.19 and the lowest price was 39.19 . There was no trading activity during the period 1.0. Lack of trading volume on 10/01/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.10% . The trading delta at closing time to current closing price is 0.61% . |
Nationwide Mellon Fundamentals Correlations and Trends
By evaluating Nationwide Mellon'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 Mellon'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 Mellon Mutual Fund history
Nationwide Mellon 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 Mellon 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 Mellon stock prices may prove useful in developing a viable investing in Nationwide Mellon
The fund invests, under normal circumstances, at least 80 percent of its net assets in equity securities of U.S. issuers, primarily common stocks. Equity securities also may include preferred stocks, convertible securities and derivatives the value of which are linked to equity securities. The fund also may invest up to 20 percent of its net assets in equity securities of foreign companies, which are companies organized under the laws of countries other than the United States.
Nationwide Mellon Mutual Fund Technical Analysis
Nationwide Mellon 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 Mellon Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Nationwide Mellon Disciplined 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 Mellon December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Nationwide Mellon 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 Mellon shares will generate the highest return on investment. By undertsting and applying Nationwide Mellon mutual fund market strength indicators, traders can identify Nationwide Mellon Disciplined entry and exit signals to maximize returns
Nationwide Mellon Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nationwide Mellon'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 | 0.1458 | |||
| Jensen Alpha | 0.0174 | |||
| Total Risk Alpha | 0.0075 | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.1484 |
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| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Nationwide Mutual Fund
Nationwide Mellon 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 Mellon security.
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