Nationwide Small Pany Fund Manager Performance Evaluation
| NWSAX Fund | USD 14.49 0.03 0.21% |
The fund secures a Beta (Market Risk) of 1.3, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Nationwide Small will likely underperform.
Risk-Adjusted Performance
17 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Nationwide Small Pany are ranked lower than 17 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak basic indicators, Nationwide Small showed solid returns over the last few months and may actually be approaching a breakup point.
...more| Expense Ratio | 1.3300 |
Nationwide |
Nationwide Small Relative Risk vs. Return Landscape
If you would invest 1,239 in Nationwide Small Pany on September 2, 2024 and sell it today you would earn a total of 210.00 from holding Nationwide Small Pany or generate 16.95% return on investment over 90 days. Nationwide Small Pany is currently producing 0.2515% returns and takes up 1.1596% volatility of returns over 90 trading days. Put another way, 10% of traded mutual funds are less volatile than Nationwide, and 95% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Nationwide Small Current Valuation
Fairly Valued
Today
Please note that Nationwide Small's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Nationwide Small Pany secures a last-minute Real Value of $14.58 per share. The latest price of the fund is $14.49. We determine the value of Nationwide Small Pany 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 Small is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Nationwide Mutual Fund. However, Nationwide Small'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 14.49 | Real 14.58 | Hype 14.49 | Naive 14.48 |
The intrinsic value of Nationwide Small'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 Small'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 Small Pany 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 Small more accurately as focusing exclusively on Nationwide Small's fundamentals will not take into account other important factors: Nationwide Small Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nationwide Small's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Nationwide Small Pany, and traders can use it to determine the average amount a Nationwide Small'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 = 0.2169
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | NWSAX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.16 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.25 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.22 actual daily | 17 83% of assets perform better |
Based on monthly moving average Nationwide Small is performing at about 17% 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 Small by adding it to a well-diversified portfolio.
Nationwide Small Fundamentals Growth
Nationwide Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Nationwide Small, and Nationwide Small 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 | 40.36 X | ||||
| Price To Book | 3.69 X | ||||
| Price To Sales | 4.17 X | ||||
| Total Asset | 240 M | ||||
About Nationwide Small Performance
Evaluating Nationwide Small's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Nationwide Small 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 Small 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 normally invests at least 80 percent of its net assets in common stocks of small companies. It employs a growth style of investing. In other words, the funds subadviser seeks companies whose earnings are expected to grow consistently faster than those of other companies. In pursuing this approach, the subadviser seeks to build a portfolio of exceptional small companies, purchased early in their corporate life cycle, that have the wherewithal to become exceptional large companies.Things to note about Nationwide Small Pany performance evaluation
Checking the ongoing alerts about Nationwide Small for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Nationwide Small Pany help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund generated three year return of -6.0% | |
| Nationwide Small Pany maintains 97.83% of its assets in stocks |
- Analyzing Nationwide Small'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 Small's stock is overvalued or undervalued compared to its peers.
- Examining Nationwide Small'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 Small's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nationwide Small's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Nationwide Small's mutual fund. These opinions can provide insight into Nationwide Small's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Nationwide Mutual Fund
Nationwide Small 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 Small security.
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. |