UPDATE 6-CVS digs into primary care with 9.5 bln Oak Street Health deal
| NWFAX Fund | USD 31.74 0.01 0.03% |
Slightly above 56% of Nationwide Fund's investor base is looking to short. The analysis of overall sentiment of trading Nationwide Fund Class mutual fund suggests that many investors are alarmed at this time. Nationwide Fund's investing sentiment can be driven by a variety of factors including economic data, Nationwide Fund's earnings reports, geopolitical events, and overall market trends.
Nationwide |
By Bhanvi Satija and Raghav Mahobe Feb 8 - CVS Health Corp will buy Oak Street Health Inc fo...
Read at kalkinemedia.com
 |
Nationwide Fund Fundamental Analysis
We analyze Nationwide Fund's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nationwide Fund using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nationwide Fund based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Price To Book
Price To Book Comparative Analysis
Nationwide Fund is currently under evaluation in price to book among similar funds. Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Nationwide Fund Class Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Nationwide Fund mutual fund to make a market-neutral strategy. Peer analysis of Nationwide Fund could also be used in its relative valuation, which is a method of valuing Nationwide Fund by comparing valuation metrics with similar companies.
Peers
Nationwide Fund Related Equities
| TEFQX | Firsthand Technology | 2.13 | ||||
| PGKCX | Pgim Jennison | 0.78 | ||||
| BGSAX | Blackrock Science | 0.62 | ||||
| RAGTX | Allianzgi Technology | 0.34 | ||||
| DTEYX | Dreyfus Technology | 0.34 | ||||
| TEPIX | Technology Ultrasector | 0.06 |
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.
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities |