Nationwide Geneva Price To Earning vs. One Year Return
| NWHZX Fund | USD 91.57 0.19 0.21% |
For Nationwide Geneva profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Nationwide Geneva to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Nationwide Geneva Small utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Nationwide Geneva's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Nationwide Geneva Small over time as well as its relative position and ranking within its peers.
Nationwide |
Nationwide Geneva Small One Year Return vs. Price To Earning Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Nationwide Geneva's current stock value. Our valuation model uses many indicators to compare Nationwide Geneva value to that of its competitors to determine the firm's financial worth. Nationwide Geneva Small is number one fund in price to earning among similar funds. It also is number one fund in one year return among similar funds reporting about 1.23 of One Year Return per Price To Earning. 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 Geneva's earnings, one of the primary drivers of an investment's value.Nationwide One Year Return vs. Price To Earning
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Nationwide Geneva |
| = | 28.93 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
Nationwide Geneva |
| = | 35.53 % |
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
Nationwide One Year Return Comparison
Nationwide Geneva is currently under evaluation in one year return among similar funds.
Nationwide Geneva Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Nationwide Geneva, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Nationwide Geneva will eventually generate negative long term returns. The profitability progress is the general direction of Nationwide Geneva's change in net profit over the period of time. It can combine multiple indicators of Nationwide Geneva, 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 seeks to invest, under normal market conditions, in common stocks of publicly traded companies that the subadviser believes demonstrate, at the time of a stocks purchase, strong growth characteristics such as a leadership position in the relevant industry, a sustainable advantage, strong earnings growth potential and experienced management. It will invest at least 80 percent of its net assets in small-cap companies.
Nationwide Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Nationwide Geneva. 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 Geneva 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 Geneva's important profitability drivers and their relationship over time.
Use Nationwide Geneva 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 Geneva 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 Geneva will appreciate offsetting losses from the drop in the long position's value.Nationwide Geneva Pair Trading
Nationwide Geneva Small Pair Trading Analysis
The ability to find closely correlated positions to Nationwide Geneva 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 Geneva 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 Geneva - 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 Geneva Small to buy it.
The correlation of Nationwide Geneva 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 Geneva moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nationwide Geneva Small 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 Geneva 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.Use Investing Themes to Complement your Nationwide Geneva position
In addition to having Nationwide Geneva 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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Obamacare Repeal
Healthcare and drug manufacturing companies that will most likely be affected by the final stages of Obamacare repeal. The Obamacare Repeal theme has 56 constituents at this time.
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Other Information on Investing in Nationwide Mutual Fund
To fully project Nationwide Geneva's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Nationwide Geneva Small 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 Geneva's income statement, its balance sheet, and the statement of cash flows.
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