Nationwide Valuation

GRISX Fund  USD 28.65  0.11  0.38%   
At this time, the fund appears to be fairly valued. Nationwide Sp 500 secures a last-minute Real Value of $28.31 per share. The latest price of the fund is $28.65. We determine the value of Nationwide Sp 500 from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will merge together.
Fairly Valued
Today
28.65
Please note that Nationwide's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Nationwide Sp 500 secures a last-minute Real Value of $28.31 per share. The latest price of the fund is $28.65. We determine the value of Nationwide Sp 500 from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will merge together.
Since Nationwide is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Nationwide Mutual Fund. However, Nationwide's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
Historical Market  28.65 Real  28.31 Hype  28.65 Naive  28.6
The intrinsic value of Nationwide's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Nationwide's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
28.31
Real Value
29.08
Upside
Estimating the potential upside or downside of Nationwide Sp 500 helps investors to forecast how Nationwide mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Nationwide more accurately as focusing exclusively on Nationwide's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
28.0428.4628.88
Details
Hype
Prediction
LowEstimatedHigh
27.8828.6529.42
Details
Naive
Forecast
LowNext ValueHigh
27.8328.6029.37
Details

Nationwide Total Value Analysis

Nationwide Sp 500 is currently projected to have takeover price of 0 with market capitalization of 0, debt of , and cash on hands of . Please note that takeover price may be misleading and is a subject to mistakes in financial statements. We encourage investors to thoroughly investigate all of the Nationwide fundamentals before making investing decisions based on enterprise value of the company

Nationwide Asset Utilization

The concept of asset utilization usually refers to the revenue earned for every dollar of assets a company currently reports. The current return on assets of Nationwide suggests not a very effective usage of assets in November.

About Nationwide Valuation

Our relative valuation model uses a comparative analysis of Nationwide. We calculate exposure to Nationwide's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Nationwide's related companies.
The fund employs a passive management, or indexing, approach, which seeks to match approximately the performance of the SP 500 Index before the deduction of Fund expenses. The SP 500 Index includes approximately 500 stocks of large U.S. companies in a wide range of businesses. The fund does not necessarily invest in all of the securities included in the SP 500 Index or in the same weightings.

Other Information on Investing in Nationwide Mutual Fund

Nationwide 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 security.
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