Nationwide Highmark Small Fund Price on October 22, 2024
| NWGPX Fund | USD 32.65 0.54 1.68% |
Below is the normalized historical share price chart for Nationwide Highmark Small extending back to September 16, 2013. 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 Highmark stands at 32.65, as last reported on the 24th of November, with the highest price reaching 32.65 and the lowest price hitting 32.65 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 Highmark Small has Sharpe Ratio of 0.0304, which conveys that the entity had a 0.0304% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Nationwide Highmark, which you can use to evaluate the volatility of the fund. Please verify Nationwide Highmark's Risk Adjusted Performance of 0.0483, mean deviation of 0.8026, and Downside Deviation of 1.06 to check out if the risk estimate we provide is consistent with the expected return of 0.0314%.
Nationwide Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Nationwide |
Sharpe Ratio = 0.0304
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Estimated Market Risk
| 1.03 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Nationwide Highmark is performing at about 2% 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 Highmark by adding it to a well-diversified portfolio.
Nationwide Highmark Valuation on October 22, 2024
It is possible to determine the worth of Nationwide Highmark on a given historical date. On October 22, 2024 Nationwide was worth 31.54 at the beginning of the trading date compared to the closed value of 31.54. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nationwide Highmark mutual fund. Still, in general, we apply an absolute valuation method to find Nationwide Highmark'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 Highmark where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nationwide Highmark's related companies.
| Open | High | Low | Close | Volume | |
| 31.72 | 31.72 | 31.72 | 31.72 | 1.00 | |
10/22/2024 | 31.54 | 31.54 | 31.54 | 31.54 | 1.00 |
| 31.44 | 31.44 | 31.44 | 31.44 | 1.00 |
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Nationwide Highmark Trading Date Momentum on October 22, 2024
| On October 23 2024 Nationwide Highmark Small was traded for 31.44 at the closing time. The highest daily price throughout the period was 31.44 and the lowest price was 31.44 . There was no trading activity during the period 1.0. Lack of trading volume on 10/23/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.32% . The trading delta at closing time to current closing price is 0.63% . |
Nationwide Highmark Small Fundamentals Correlations and Trends
By evaluating Nationwide Highmark'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 Highmark'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 Highmark Mutual Fund history
Nationwide Highmark 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 Highmark Small 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 Highmark stock prices may prove useful in developing a viable investing in Nationwide Highmark
The fund invests primarily in stocks of U.S. small-cap companies that the subadviser believes have improving earnings growth potential and attractive valuation. Under normal circumstances, it will invest at least 80 percent of its net assets in equity securities of small-cap companies whose capitalization is within the range of the market capitalization of the companies in the Russell 2000 Index. The fund may invest up to 20 percent of its net assets in foreign securities.
Nationwide Highmark Mutual Fund Technical Analysis
Nationwide Highmark 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 Highmark Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
Nationwide Highmark Small 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 Highmark November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Nationwide Highmark 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 Highmark shares will generate the highest return on investment. By undertsting and applying Nationwide Highmark mutual fund market strength indicators, traders can identify Nationwide Highmark Small entry and exit signals to maximize returns
Nationwide Highmark Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nationwide Highmark'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 | 0.0483 | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.0475 |
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Other Information on Investing in Nationwide Mutual Fund
Nationwide Highmark 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 Highmark security.
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities |