Nationwide Investor Bond Positions Weight vs. Annual Yield

NDCAX Fund  USD 10.25  0.03  0.29%   
Considering Nationwide Investor's profitability and operating efficiency indicators, Nationwide Investor Destinations may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Nationwide Investor's ability to earn profits and add value for shareholders.
For Nationwide Investor profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Nationwide Investor to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Nationwide Investor Destinations utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Nationwide Investor's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Nationwide Investor Destinations over time as well as its relative position and ranking within its peers.
  
Check out Correlation Analysis.
Please note, there is a significant difference between Nationwide Investor's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nationwide Investor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nationwide Investor's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Nationwide Investor Annual Yield vs. Bond Positions Weight Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Nationwide Investor's current stock value. Our valuation model uses many indicators to compare Nationwide Investor value to that of its competitors to determine the firm's financial worth.
Nationwide Investor Destinations is number one fund in bond positions weight among similar funds. It also is number one fund in annual yield among similar funds fabricating about  0.01  of Annual Yield per Bond Positions Weight. The ratio of Bond Positions Weight to Annual Yield for Nationwide Investor Destinations is roughly  132.12 . 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 Investor's earnings, one of the primary drivers of an investment's value.

Nationwide Annual Yield vs. Bond Positions Weight

Percentage of fund asset invested in fixed income securities. About 30% of U.S. mutual funds invest in bonds.

Nationwide Investor

Bond Percentage

 = 

% of Bonds

in the fund

 = 
4.36 %
Funds that have over 60% of asset value invested in bonds or or other fixed income securities would usually attract conservative investors.
Yield generally refers to the amount of cash that is paid back to the owner of a security over a specific time (usually one year). It is expressed as a percentage of current market price, and usually amounts to all the interests and/or dividends paid over a given period. A higher yield allows the shareholders to generate returns on their investments sooner. However, investors should also be aware that a high yield may be a result of market turmoil or increased price volatility.

Nationwide Investor

Yield

 = 

Income from Security

Current Share Price

 = 
0.03 %
Small firms, start-ups, or companies with high growth potential typically do not pay out dividends or distribute a lot of their profits. These companies will have small yield. Alternatively, more established companies, ETFs, and funds that invest in bonds will have higher yields.

Nationwide Investor Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Nationwide Investor, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Nationwide Investor will eventually generate negative long term returns. The profitability progress is the general direction of Nationwide Investor's change in net profit over the period of time. It can combine multiple indicators of Nationwide Investor, 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 is a fund of funds that invests primarily in affiliated mutual funds representing a variety of asset classes. The fund aims to provide diversification across major asset classes-U.S. stocks, international stocks, and bonds-by investing primarily in mutual funds offered by Nationwide Mutual Funds and affiliated or unaffiliated exchange-traded funds.

Nationwide Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Nationwide Investor. 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 Investor 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 Investor's important profitability drivers and their relationship over time.

Use Nationwide Investor in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Nationwide Investor position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Nationwide Investor will appreciate offsetting losses from the drop in the long position's value.

Nationwide Investor Pair Trading

Nationwide Investor Destinations Pair Trading Analysis

The ability to find closely correlated positions to Nationwide Investor could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nationwide Investor when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Nationwide Investor - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Nationwide Investor Destinations to buy it.
The correlation of Nationwide Investor is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Nationwide Investor moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nationwide Investor moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Nationwide Investor can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Nationwide Investor position

In addition to having Nationwide Investor 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 Healthcare Thematic Idea Now

Healthcare
Healthcare Theme
Companies that provide healthcare goods and services including hospitals, health maintenance organizations, HMOs, or medical aid manufacturers. The Healthcare theme has 20 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 Healthcare Theme or any other thematic opportunities.
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Other Information on Investing in Nationwide Mutual Fund

To fully project Nationwide Investor's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Nationwide Investor 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 Investor's income statement, its balance sheet, and the statement of cash flows.
Potential Nationwide Investor investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Nationwide Investor investors may work on each financial statement separately, they are all related. The changes in Nationwide Investor's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Nationwide Investor's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
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