Nationwide Fund Class Fund Price on July 9, 2023

NWFAX Fund  USD 36.33  0.36  1.00%   
Below is the normalized historical share price chart for Nationwide Fund Class extending back to January 26, 1999. 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 36.33, as last reported on the 11th of December 2024, with the highest price reaching 36.33 and the lowest price hitting 36.33 during the day.
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
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 Class has Sharpe Ratio of 0.17, which conveys that the entity had a 0.17% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Nationwide Fund, which you can use to evaluate the volatility of the fund. Please verify Nationwide Fund's Risk Adjusted Performance of 0.1519, mean deviation of 0.4964, and Downside Deviation of 0.7618 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.

Sharpe Ratio = 0.1666

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashNWFAXAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 0.7
  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

 0.17
  actual daily
13
87% of assets perform better
Based on monthly moving average Nationwide Fund is performing at about 13% 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 July 9, 2023

It is possible to determine the worth of Nationwide Fund on a given historical date. On July 9, 2023 Nationwide was worth 27.07 at the beginning of the trading date compared to the closed value of 27.07. 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
  27.11    27.11    27.11    27.11    1.00  
07/07/2023
  27.07    27.07    27.07    27.07    1.00  
  27.12    27.12    27.12    27.12    1.00  
Backtest Nationwide Fund  |  Nationwide Fund History  |  Nationwide Fund Valuation   PreviousNext  
Open Value
27.07
27.07
Closing Value
29.18
Upside

Nationwide Fund Trading Date Momentum on July 9, 2023

On July 10 2023 Nationwide Fund Class was traded for  27.12  at the closing time. The highest daily price throughout the period was 27.12  and the lowest price was  27.12 . There was no trading activity during the period 1.0. Lack of trading volume on 07/10/2023 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.18% . The trading delta at closing time to current closing price is 3.21% .

Nationwide Fund Class 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 Class 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.
A focus of Nationwide Fund technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Nationwide Fund trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Nationwide Fund Period Price Range

Low
December 11, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Nationwide Fund Class 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 December 11, 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 Class 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.

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.
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.