Nationwide Amundi Net Asset vs. Cash Position Weight
| NWXHX Fund | USD 10.09 0.01 0.1% |
For Nationwide Amundi profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Nationwide Amundi to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Nationwide Amundi Strategic utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Nationwide Amundi's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Nationwide Amundi Strategic over time as well as its relative position and ranking within its peers.
Nationwide |
Nationwide Amundi Cash Position Weight vs. Net Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Nationwide Amundi's current stock value. Our valuation model uses many indicators to compare Nationwide Amundi value to that of its competitors to determine the firm's financial worth. Nationwide Amundi Strategic is number one fund in net asset among similar funds. It also is number one fund in cash position weight among similar funds . 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 Amundi's earnings, one of the primary drivers of an investment's value.Nationwide Cash Position Weight vs. Net Asset
Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Nationwide Amundi |
| = | 117.17 M |
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
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 Amundi |
| = | (17.25) % |
Funds or ETFs that have over 40% of their value invested in low-risk instruments or cash equivalents typically attract conservative investors.
Nationwide Cash Position Weight Comparison
Nationwide Amundi is currently under evaluation in cash position weight among similar funds.
Nationwide Amundi Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Nationwide Amundi, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Nationwide Amundi will eventually generate negative long term returns. The profitability progress is the general direction of Nationwide Amundi's change in net profit over the period of time. It can combine multiple indicators of Nationwide Amundi, 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 flexible investment approach, allocating across different types of fixed-income securities with few limitations as to credit quality, geography, maturity or sector, with the goal of achieving a high level of current income. It may invest in U.S. government securities and foreign government bonds, as well as U.S. and foreign corporate bonds and debentures, asset-backed securities, mortgage-backed securities and convertible bonds. The fund also may invest in corporate loans.
Nationwide Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Nationwide Amundi. 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 Amundi 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 Amundi's important profitability drivers and their relationship over time.
Use Nationwide Amundi 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 Amundi 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 Amundi will appreciate offsetting losses from the drop in the long position's value.Nationwide Amundi Pair Trading
Nationwide Amundi Strategic Pair Trading Analysis
The ability to find closely correlated positions to Nationwide Amundi 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 Amundi 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 Amundi - 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 Amundi Strategic to buy it.
The correlation of Nationwide Amundi 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 Amundi moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nationwide Amundi 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 Amundi 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 Amundi position
In addition to having Nationwide Amundi 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 Electronics Thematic Idea Now
Electronics
Companies manufacturing electronic appliances and goods. The Electronics theme has 39 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 Electronics Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Nationwide Mutual Fund
To fully project Nationwide Amundi's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Nationwide Amundi 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 Amundi's income statement, its balance sheet, and the statement of cash flows.
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation |