Nationwide Fund Institutional Fund Manager Performance Evaluation
| MUIFX Fund | USD 34.95 0.17 0.49% |
The fund secures a Beta (Market Risk) of 0.0796, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Nationwide Fund's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nationwide Fund is expected to be smaller as well.
Risk-Adjusted Performance
14 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Nationwide Fund Institutional are ranked lower than 14 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak technical and fundamental indicators, Nationwide Fund may actually be approaching a critical reversion point that can send shares even higher in January 2025.
...more| Expense Ratio | 0.6400 |
Nationwide |
Nationwide Fund Relative Risk vs. Return Landscape
If you would invest 3,211 in Nationwide Fund Institutional on September 2, 2024 and sell it today you would earn a total of 284.00 from holding Nationwide Fund Institutional or generate 8.84% return on investment over 90 days. Nationwide Fund Institutional is currently producing 0.1353% returns and takes up 0.7578% volatility of returns over 90 trading days. Put another way, 6% of traded mutual funds are less volatile than Nationwide, and 98% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Nationwide Fund Current Valuation
Fairly Valued
Today
Please note that Nationwide Fund's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Nationwide Fund Inst secures a last-minute Real Value of $34.5 per share. The latest price of the fund is $34.95. We determine the value of Nationwide Fund Inst from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will merge together.
Since Nationwide Fund is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Nationwide Mutual Fund. However, Nationwide Fund's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 34.95 | Real 34.5 | Hype 34.95 | Naive 35.1 |
The intrinsic value of Nationwide Fund's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Nationwide Fund's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Nationwide Fund Institutional helps investors to forecast how Nationwide mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Nationwide Fund more accurately as focusing exclusively on Nationwide Fund's fundamentals will not take into account other important factors: Nationwide Fund Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nationwide Fund's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Nationwide Fund Institutional, and traders can use it to determine the average amount a Nationwide Fund's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1786
| Best Portfolio | Best Equity | |||
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| Cash | MUIFX | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.76 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average Nationwide Fund is performing at about 14% 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 Fundamentals Growth
Nationwide Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Nationwide Fund, and Nationwide Fund fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Nationwide Mutual Fund performance.
| Price To Earning | 2.30 X | ||||
| Price To Book | 2.60 X | ||||
| Price To Sales | 1.89 X | ||||
| Total Asset | 1.08 B | ||||
About Nationwide Fund Performance
Evaluating Nationwide Fund's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Nationwide Fund has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Nationwide Fund has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
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. Nationwide Fund is traded on NASDAQ Exchange in the United States.Things to note about Nationwide Fund Inst performance evaluation
Checking the ongoing alerts about Nationwide Fund for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Nationwide Fund Inst help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Nationwide Fund's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Nationwide Fund's mutual fund performance include:- Analyzing Nationwide Fund's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Nationwide Fund's stock is overvalued or undervalued compared to its peers.
- Examining Nationwide Fund's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Nationwide Fund's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nationwide Fund's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Nationwide Fund's mutual fund. These opinions can provide insight into Nationwide Fund's potential for growth and whether the stock is currently undervalued or overvalued.
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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