Nationwide Highmark Small Fund Manager Performance Evaluation
| NWGSX Fund | USD 23.88 0.18 0.76% |
The fund secures a Beta (Market Risk) of 1.24, 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 Highmark will likely underperform.
Risk-Adjusted Performance
Good
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Nationwide Highmark Small are ranked lower than 12 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak basic indicators, Nationwide Highmark showed solid returns over the last few months and may actually be approaching a breakup point.
...moreNationwide |
Nationwide Highmark Relative Risk vs. Return Landscape
If you would invest 1,653 in Nationwide Highmark Small on November 16, 2025 and sell it today you would earn a total of 735.00 from holding Nationwide Highmark Small or generate 44.46% return on investment over 90 days. Nationwide Highmark Small is currently producing 0.6894% returns and takes up 4.5492% volatility of returns over 90 trading days. Put another way, 40% of traded mutual funds are less volatile than Nationwide, and 87% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Nationwide Highmark Current Valuation
Undervalued
Today
Please note that Nationwide Highmark's price fluctuation is not too volatile at this time. At this time, the fund appears to be undervalued. Nationwide Highmark Small secures a last-minute Real Value of $25.0 per share. The latest price of the fund is $23.88. We determine the value of Nationwide Highmark Small 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 Highmark is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Nationwide Mutual Fund. However, Nationwide Highmark'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 23.88 | Real 25.0 | Hype 23.88 |
The intrinsic value of Nationwide Highmark'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 Highmark'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 Highmark Small 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 Highmark more accurately as focusing exclusively on Nationwide Highmark's fundamentals will not take into account other important factors: Nationwide Highmark Target Price Odds to finish over Current Price
The tendency of Nationwide Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 23.88 | 90 days | 23.88 | about 20.08 |
Based on a normal probability distribution, the odds of Nationwide Highmark to move above the current price in 90 days from now is about 20.08 (This Nationwide Highmark Small probability density function shows the probability of Nationwide Mutual Fund to fall within a particular range of prices over 90 days) .
Nationwide Highmark Price Density |
| Price |
Predictive Modules for Nationwide Highmark
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Nationwide Highmark Small. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Nationwide Highmark's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Nationwide Highmark Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Nationwide Highmark is not an exception. The market had few large corrections towards the Nationwide Highmark's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Nationwide Highmark Small, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Nationwide Highmark within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.49 | |
β | Beta against Dow Jones | 1.24 | |
σ | Overall volatility | 3.29 | |
Ir | Information ratio | 0.12 |
Nationwide Highmark Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Nationwide Highmark for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Nationwide Highmark Small can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Nationwide Highmark appears to be risky and price may revert if volatility continues | |
| The fund maintains about 6.59% of its assets in cash |
Nationwide Highmark Fundamentals Growth
Nationwide Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Nationwide Highmark, and Nationwide Highmark 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 | 19.59 X | ||||
| Price To Book | 1.98 X | ||||
| Price To Sales | 0.89 X | ||||
| Total Asset | 173.67 M | ||||
About Nationwide Highmark Performance
Evaluating Nationwide Highmark's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Nationwide Highmark 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 Highmark 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 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.Things to note about Nationwide Highmark Small performance evaluation
Checking the ongoing alerts about Nationwide Highmark for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Nationwide Highmark Small help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Nationwide Highmark appears to be risky and price may revert if volatility continues | |
| The fund maintains about 6.59% of its assets in cash |
- Analyzing Nationwide Highmark'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 Highmark's stock is overvalued or undervalued compared to its peers.
- Examining Nationwide Highmark'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 Highmark's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nationwide Highmark's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Nationwide Highmark's mutual fund. These opinions can provide insight into Nationwide Highmark's potential for growth and whether the stock is currently undervalued or overvalued.
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.
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