Nationwide Bny Valuation

NWALX Fund  USD 40.97  0.33  0.81%   
At this time, the fund appears to be fairly valued. Nationwide Bny Mellon secures a last-minute Real Value of $41.34 per share. The latest price of the fund is $40.97. We determine the value of Nationwide Bny Mellon 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
40.97
Please note that Nationwide Bny's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Nationwide Bny Mellon secures a last-minute Real Value of $41.34 per share. The latest price of the fund is $40.97. We determine the value of Nationwide Bny Mellon 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 Bny is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Nationwide Mutual Fund. However, Nationwide Bny'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  40.97 Real  41.34 Hype  40.97 Naive  40.65
The intrinsic value of Nationwide Bny'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 Bny'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.
41.34
Real Value
42.04
Upside
Estimating the potential upside or downside of Nationwide Bny Mellon 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 Bny more accurately as focusing exclusively on Nationwide Bny's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
40.5540.8641.17
Details
Hype
Prediction
LowEstimatedHigh
40.2740.9741.67
Details
Naive
Forecast
LowNext ValueHigh
39.9440.6541.35
Details

About Nationwide Bny Valuation

Our relative valuation model uses a comparative analysis of Nationwide Bny. We calculate exposure to Nationwide Bny's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Nationwide Bny's related companies.
The fund invests, under normal circumstances, at least 80 percent of its net assets in equity securities of U.S. issuers, primarily common stocks. Equity securities also may include preferred stocks, convertible securities and derivatives the value of which are linked to equity securities. The fund also may invest up to 20 percent of its net assets in equity securities of foreign companies, which are companies organized under the laws of countries other than the United States.

Other Information on Investing in Nationwide Mutual Fund

Nationwide Bny 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 Bny security.
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