Nationwide Amundi Strategic Fund Manager Performance Evaluation
| NWXHX Fund | USD 10.09 0.01 0.1% |
The fund secures a Beta (Market Risk) of -0.0027, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Nationwide Amundi are expected to decrease at a much lower rate. During the bear market, Nationwide Amundi is likely to outperform the market.
Risk-Adjusted Performance
37 of 100
Weak | Strong |
Very Strong
Compared to the overall equity markets, risk-adjusted returns on investments in Nationwide Amundi Strategic are ranked lower than 37 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong technical indicators, Nationwide Amundi is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio | 0.6100 |
Nationwide |
Nationwide Amundi Relative Risk vs. Return Landscape
If you would invest 989.00 in Nationwide Amundi Strategic on September 13, 2024 and sell it today you would earn a total of 20.00 from holding Nationwide Amundi Strategic or generate 2.02% return on investment over 90 days. Nationwide Amundi Strategic is currently producing 0.0318% returns and takes up 0.067% volatility of returns over 90 trading days. Put another way, 0% of traded mutual funds are less volatile than Nationwide, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Nationwide Amundi Current Valuation
Fairly Valued
Today
Please note that Nationwide Amundi's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Nationwide Amundi secures a last-minute Real Value of $10.07 per share. The latest price of the fund is $10.09. We determine the value of Nationwide Amundi 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 Amundi is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Nationwide Mutual Fund. However, Nationwide Amundi'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 10.09 | Real 10.07 | Hype 10.09 | Naive 10.1 |
The intrinsic value of Nationwide Amundi'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 Amundi'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 Amundi Strategic 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 Amundi more accurately as focusing exclusively on Nationwide Amundi's fundamentals will not take into account other important factors: Nationwide Amundi Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nationwide Amundi's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Nationwide Amundi Strategic, and traders can use it to determine the average amount a Nationwide Amundi'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 = 0.4747
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| NWXHX |
Based on monthly moving average Nationwide Amundi is performing at about 37% 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 Amundi by adding it to a well-diversified portfolio.
Nationwide Amundi Fundamentals Growth
Nationwide Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Nationwide Amundi, and Nationwide Amundi 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.
| Total Asset | 149.87 M | ||||
About Nationwide Amundi Performance
Evaluating Nationwide Amundi's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Nationwide Amundi 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 Amundi 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 employs a flexible investment approach, allocating across different types of fixed-income securities with few limitations as to credit quality, geography, maturity or sector, with the goal of achieving a high level of current income. It may invest in U.S. government securities and foreign government bonds, as well as U.S. and foreign corporate bonds and debentures, asset-backed securities, mortgage-backed securities and convertible bonds. The fund also may invest in corporate loans.Things to note about Nationwide Amundi performance evaluation
Checking the ongoing alerts about Nationwide Amundi for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Nationwide Amundi help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Nationwide is showing solid risk-adjusted performance over 90 days | |
| The fund maintains about 36.35% of its assets in bonds |
- Analyzing Nationwide Amundi'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 Amundi's stock is overvalued or undervalued compared to its peers.
- Examining Nationwide Amundi'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 Amundi's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nationwide Amundi's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Nationwide Amundi's mutual fund. These opinions can provide insight into Nationwide Amundi's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Nationwide Mutual Fund
Nationwide Amundi 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 Amundi security.
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