Nationwide Fund6 Five Year Return vs. Three Year Return
| NWABX Fund | USD 34.95 0.17 0.49% |
For Nationwide Fund6 profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Nationwide Fund6 to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Nationwide Fund6 utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Nationwide Fund6's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Nationwide Fund6 over time as well as its relative position and ranking within its peers.
Nationwide |
Nationwide Fund6 Three Year Return vs. Five Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Nationwide Fund6's current stock value. Our valuation model uses many indicators to compare Nationwide Fund6 value to that of its competitors to determine the firm's financial worth. Nationwide Fund6 is number one fund in five year return among similar funds. It also is number one fund in three year return among similar funds reporting about 0.57 of Three Year Return per Five Year Return. The ratio of Five Year Return to Three Year Return for Nationwide Fund6 is roughly 1.76 . 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 Fund6's earnings, one of the primary drivers of an investment's value.Nationwide Three Year Return vs. Five Year Return
Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.
Nationwide Fund6 |
| = | 14.94 % |
Although Five Year Returns can give a sense of overall investment potential, it is recommended to compare equity performance with similar assets for the same five year time interval. Similarly, comparing overall investment performance over the last five years with the appropriate market index is a great way to determine how this equity instrument will perform during unforeseen market fluctuations.
Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.
Nationwide Fund6 |
| = | 8.50 % |
Although Three Year Fund Return indicator can give a sense of overall fund mid-term potential, it is recommended to compare fund performances against other similar funds, ETFs, or market benchmarks for the same 3 year interval.
Nationwide Three Year Return Comparison
Nationwide Fund6 is currently under evaluation in three year return among similar funds.
Nationwide Fund6 Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Nationwide Fund6, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Nationwide Fund6 will eventually generate negative long term returns. The profitability progress is the general direction of Nationwide Fund6's change in net profit over the period of time. It can combine multiple indicators of Nationwide Fund6, 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 invests in a diversified portfolio of common stocks to produce an overall blended equity portfolio consisting of various types of stocks that the subadviser believes offer the potential for capital growth andor dividend income. Nationwide Fund is traded on NASDAQ Exchange in the United States.
Nationwide Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Nationwide Fund6. 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 Fund6 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 Fund6'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 Fund6 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?
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Use Investing Themes to Complement your Nationwide Fund6 position
In addition to having Nationwide Fund6 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?
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Single Stock ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Single Stock ETFs theme has 99 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 Single Stock ETFs Theme or any other thematic opportunities.
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Other Information on Investing in Nationwide Mutual Fund
To fully project Nationwide Fund6's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Nationwide Fund6 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 Fund6's income statement, its balance sheet, and the statement of cash flows.
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