Nationwide Cash Position Weight vs. Price To Book
| GRMSX Fund | USD 28.45 0.11 0.39% |
For Nationwide profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Nationwide to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Nationwide Sp 500 utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Nationwide's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Nationwide Sp 500 over time as well as its relative position and ranking within its peers.
Nationwide |
Nationwide Sp 500 Price To Book vs. Cash Position Weight Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Nationwide's current stock value. Our valuation model uses many indicators to compare Nationwide value to that of its competitors to determine the firm's financial worth. Nationwide Sp 500 is one of the top funds in cash position weight among similar funds. It also is one of the top funds in price to book among similar funds fabricating about 16.94 of Price To Book per Cash Position Weight. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Nationwide's earnings, one of the primary drivers of an investment's value.Nationwide Price To Book vs. Cash Position Weight
Percentage of fund asset invested in cash equivalents or risk-free instruments. About 40% of all global funds carry cash on their balance sheet.
Nationwide |
| = | 0.16 % |
Funds or ETFs that have over 40% of their value invested in low-risk instruments or cash equivalents typically attract conservative investors.
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 |
| = | 2.71 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Nationwide Price To Book Comparison
Nationwide is currently under evaluation in price to book among similar funds.
Nationwide Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Nationwide, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Nationwide will eventually generate negative long term returns. The profitability progress is the general direction of Nationwide's change in net profit over the period of time. It can combine multiple indicators of Nationwide, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
The fund employs a passive management, or indexing, approach, which seeks to match approximately the performance of the SP 500 Index before the deduction of Fund expenses. The SP 500 Index includes approximately 500 stocks of large U.S. companies in a wide range of businesses. The fund does not necessarily invest in all of the securities included in the SP 500 Index or in the same weightings.
Nationwide Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Nationwide. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Nationwide position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Nationwide's important profitability drivers and their relationship over time.
Learn to be your own money manager
Our tools can tell you how much better you can do entering a position in Nationwide without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Efficient Frontier Now
Efficient FrontierPlot and analyze your portfolio and positions against risk-return landscape of the market. |
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Use Investing Themes to Complement your Nationwide position
In addition to having Nationwide in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Pharmaceutical Products Thematic Idea Now
Pharmaceutical Products
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Pharmaceutical Products theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Pharmaceutical Products Theme or any other thematic opportunities.
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Other Information on Investing in Nationwide Mutual Fund
To fully project Nationwide's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Nationwide Sp 500 at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Nationwide's income statement, its balance sheet, and the statement of cash flows.
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