Nationwide Highmark Annual Yield vs. Year To Date Return
| NWJIX Fund | USD 9.49 0.02 0.21% |
For Nationwide Highmark profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Nationwide Highmark to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Nationwide Highmark Bond utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Nationwide Highmark's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Nationwide Highmark Bond over time as well as its relative position and ranking within its peers.
Nationwide |
Nationwide Highmark Bond Year To Date Return vs. Annual Yield Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Nationwide Highmark's current stock value. Our valuation model uses many indicators to compare Nationwide Highmark value to that of its competitors to determine the firm's financial worth. Nationwide Highmark Bond is number one fund in annual yield among similar funds. It also is number one fund in year to date return among similar funds creating about 968.36 of Year To Date Return per Annual Yield. 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 Highmark's earnings, one of the primary drivers of an investment's value.Nationwide Year To Date Return vs. Annual Yield
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 Highmark |
| = | 0 % |
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.
Year to Date Return (YTD) is the total return generated from holding a security from the beginning of the current fiscal year. In other words, YTD Return represents the capital appreciation of your investments from the start of the current fiscal year.
Nationwide Highmark |
| = | 2.42 % |
Year-To-Date typically refers to a period starting from the beginning of the current year and continuing up to the present day. Investors should becareful when comparing YTD ratios if not much of the year has occurred as research shows that YTD measures are more sensitive to early periods than late.
Nationwide Year To Date Return Comparison
Nationwide Highmark is currently under evaluation in year to date return among similar funds.
Nationwide Highmark Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Nationwide Highmark, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Nationwide Highmark will eventually generate negative long term returns. The profitability progress is the general direction of Nationwide Highmark's change in net profit over the period of time. It can combine multiple indicators of Nationwide Highmark, 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 primarily in bonds which include U.S. government securities corporate bonds issued by U.S. or foreign companies that are investment grade investment grade fixed-income securities backed by the interest and principal payments of various types of mortgages, known as mortgage-backed securities and investment grade fixed-income securities backed by the interest and principal payments on loans for other types of assets.
Nationwide Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Nationwide Highmark. 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 Highmark 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 Highmark's important profitability drivers and their relationship over time.
Use Nationwide Highmark 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 Highmark 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 Highmark will appreciate offsetting losses from the drop in the long position's value.Nationwide Highmark Pair Trading
Nationwide Highmark Bond Pair Trading Analysis
The ability to find closely correlated positions to Nationwide Highmark 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 Highmark 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 Highmark - 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 Highmark Bond to buy it.
The correlation of Nationwide Highmark 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 Highmark moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nationwide Highmark Bond 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 Highmark 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 Highmark position
In addition to having Nationwide Highmark 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 Marijuana Thematic Idea Now
Marijuana
Small and mid-cap equities that are involved in production and delivery of Marijuana products. This theme is designed for investors that are willing to accept higher levels of market risk inherited by Marijuana production in the United States. The Marijuana theme has 49 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 Marijuana Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Nationwide Mutual Fund
To fully project Nationwide Highmark's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Nationwide Highmark Bond 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 Highmark's income statement, its balance sheet, and the statement of cash flows.
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like |