Nationwide Bailard Financials
We recommend to make use of Nationwide Bailard Nitive fundamental analysis to find out if markets are presently mispricing the entity. Strictly speaking this technique allows you to check out available financial ratios of Nationwide Bailard Nitive as well as the relationship between them. We were able to analyze and collect data for fifteen available fundamentals for Nationwide Bailard, which can be compared to its peers in the industry.
Nationwide |
Please note that past performance is not an indicator of the future performance of Nationwide Bailard, its manager's success, or the effectiveness of its strategy. The performance results shown here may have been adversely or favorably impacted by events and economic conditions that may not prevail in the future. Therefore, you must use caution to infer that these results indicate any fund, manager, or strategy's future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Nationwide Bailard Fund Summary
Nationwide Bailard competes with Lord Abbett, Virtus Convertible, Calamos Dynamic, and Absolute Convertible. The fund will, under normal market conditions, invest its assets primarily in common stocks of small-cap value companies that are within a market capitalization range that is similar, although not identical, to the market capitalization range of those companies found in the Russell 2000 Value Index. Nationwide Bailard is traded on NASDAQ Exchange in the United States.| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | Nationwide Mutual Funds |
| Mutual Fund Family | Nationwide |
| Mutual Fund Category | Small Value |
| Benchmark | NYSE Composite |
| Phone | 800 848 0920 |
| Currency | USD - US Dollar |
Nationwide Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Nationwide Bailard's current stock value. Our valuation model uses many indicators to compare Nationwide Bailard value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nationwide Bailard competition to find correlations between indicators driving Nationwide Bailard's intrinsic value. More Info.Nationwide Bailard Nitive is number one fund in price to earning among similar funds. It is number one fund in price to book among similar funds fabricating about 0.12 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Nationwide Bailard Nitive is roughly 8.50 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Nationwide Bailard by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Nationwide Bailard's Mutual Fund. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. 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 Bailard's earnings, one of the primary drivers of an investment's value.Nationwide Bailard Nitive Systematic Risk
Nationwide Bailard's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Nationwide Bailard volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Nationwide Bailard Nitive correlated with the market. If Beta is less than 0 Nationwide Bailard generally moves in the opposite direction as compared to the market. If Nationwide Bailard Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Nationwide Bailard Nitive is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Nationwide Bailard is generally in the same direction as the market. If Beta > 1 Nationwide Bailard moves generally in the same direction as, but more than the movement of the benchmark.
Nationwide Bailard April 28, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Nationwide Bailard help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Nationwide Bailard Nitive. We use our internally-developed statistical techniques to arrive at the intrinsic value of Nationwide Bailard Nitive 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 Bailard's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.36 | |||
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 5.73 | |||
| Value At Risk | (1.60) | |||
| Potential Upside | 1.98 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nationwide Bailard Nitive. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in price. Note that the Nationwide Bailard Nitive information on this page should be used as a complementary analysis to other Nationwide Bailard's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.