Nationwide Fund Institutional Fund Statistic Functions Linear Regression Intercept

MUIFX Fund  USD 34.78  0.14  0.40%   
Nationwide Fund statistic functions tool provides the execution environment for running the Linear Regression Intercept function and other technical functions against Nationwide Fund. Nationwide Fund value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Linear Regression Intercept function function is designed to identify and follow existing trends. Nationwide Fund statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

Function
Time Period
Execute Function
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Linear Regression Intercept is the expected mean value of Nationwide Fund Inst price seriese where values of its benchmark or peer price series are zero.

Nationwide Fund Technical Analysis Modules

Most technical analysis of Nationwide Fund help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Nationwide from various momentum indicators to cycle indicators. When you analyze Nationwide charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Nationwide Fund Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Nationwide Fund Institutional. We use our internally-developed statistical techniques to arrive at the intrinsic value of Nationwide Fund Institutional based on widely used predictive technical indicators. In general, we focus on analyzing Nationwide Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Nationwide Fund's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Nationwide Fund's intrinsic value. In addition to deriving basic predictive indicators for Nationwide Fund, we also check how macroeconomic factors affect Nationwide Fund price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
33.9634.7835.60
Details
Intrinsic
Valuation
LowRealHigh
33.5534.3735.19
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Nationwide Fund. Your research has to be compared to or analyzed against Nationwide Fund's peers to derive any actionable benefits. When done correctly, Nationwide Fund's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Nationwide Fund Inst.

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As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.

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Nationwide Fund Inst 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 Fund 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 Fund will appreciate offsetting losses from the drop in the long position's value.

Nationwide Fund Pair Trading

Nationwide Fund Institutional Pair Trading Analysis

The ability to find closely correlated positions to Nationwide Fund 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 Fund 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 Fund - 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 Fund Institutional to buy it.
The correlation of Nationwide Fund 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 Fund moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nationwide Fund Inst 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 Fund 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

Other Information on Investing in Nationwide Mutual Fund

Nationwide Fund financial ratios help investors to determine whether Nationwide Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Nationwide with respect to the benefits of owning Nationwide Fund security.
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