Nationwide Small Cap Fund Technical Analysis
| GMRIX Fund | USD 13.87 0.05 0.36% |
As of the 1st of December, Nationwide Small secures the Risk Adjusted Performance of 0.1061, downside deviation of 1.17, and Mean Deviation of 0.9264. Nationwide Small Cap technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the fund's future prices.
Nationwide Small Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Nationwide, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NationwideNationwide |
Nationwide Small technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Nationwide Small Cap Technical Analysis
The output start index for this execution was ten with a total number of output elements of fifty-one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Nationwide Small Cap volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Nationwide Small Cap Trend Analysis
Use this graph to draw trend lines for Nationwide Small Cap. You can use it to identify possible trend reversals for Nationwide Small as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Nationwide Small price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Nationwide Small Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Nationwide Small Cap applied against its price change over selected period. The best fit line has a slop of 0.03 , which means Nationwide Small Cap will continue generating value for investors. It has 122 observation points and a regression sum of squares at 25.37, which is the sum of squared deviations for the predicted Nationwide Small price change compared to its average price change.About Nationwide Small Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Nationwide Small Cap on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Nationwide Small Cap based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Nationwide Small Cap price pattern first instead of the macroeconomic environment surrounding Nationwide Small Cap. By analyzing Nationwide Small's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Nationwide Small's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Nationwide Small specific price patterns or momentum indicators. Please read more on our technical analysis page.
Nationwide Small December 1, 2024 Technical Indicators
Most technical analysis of Nationwide 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 different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1061 | |||
| Market Risk Adjusted Performance | 0.1192 | |||
| Mean Deviation | 0.9264 | |||
| Semi Deviation | 0.9287 | |||
| Downside Deviation | 1.17 | |||
| Coefficient Of Variation | 750.06 | |||
| Standard Deviation | 1.31 | |||
| Variance | 1.71 | |||
| Information Ratio | 0.0282 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | 0.0317 | |||
| Treynor Ratio | 0.1092 | |||
| Maximum Drawdown | 7.56 | |||
| Value At Risk | (1.65) | |||
| Potential Upside | 2.09 | |||
| Downside Variance | 1.36 | |||
| Semi Variance | 0.8624 | |||
| Expected Short fall | (1.04) | |||
| Skewness | 1.07 | |||
| Kurtosis | 4.46 |
Nationwide Small Cap One Year Return
Based on the recorded statements, Nationwide Small Cap has an One Year Return of 36.7629%. This is 88.62% higher than that of the Nationwide family and significantly higher than that of the Small Blend category. The one year return for all United States funds is notably lower than that of the firm.
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.Other Information on Investing in Nationwide Mutual Fund
Nationwide Small 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 Small security.
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