Nationwide Mutual Fund Financials

Understanding current and past Nationwide Destination Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Nationwide Destination's financial statements are interrelated, with each one affecting the others. For example, an increase in Nationwide Destination's assets may result in an increase in income on the income statement. Because of this, it is necessary to analyze all of Nationwide Destination's financials over time to get the whole picture.
We recommend to make use of Nationwide Destination 2055 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 Destination as well as the relationship between them. We were able to analyze fifteen available fundamentals for Nationwide Destination, which can be compared to its peers in the industry. Use Nationwide Destination price to earning, one year return, as well as the relationship between the One Year Return and last dividend paid to make sure your decision on pricing Nationwide Destination is adequate.

Nationwide Fundamentals 

With this module, you can analyze Nationwide financials for your investing period. You should be able to track the changes in Nationwide Destination individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
  Chance Of Financial Distress
Less than 1
Nationwide Destination 2055 has less than 1 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Nationwide Destination mutual fund is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity. More Info
The data published in Nationwide Destination's official financial statements usually reflect Nationwide Destination's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Nationwide Destination. For example, before you start analyzing numbers published by Nationwide accountants, it's critical to develop an understanding of what Nationwide Destination's liquidity, profitability, and earnings quality are in the context of the Nationwide space in which it operates.
Please note that past performance is not an indicator of the future performance of Nationwide Destination, 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 Destination Company Summary

The investment seeks capital appreciation and income consistent with its current asset allocation. Nationwide Destination is traded on NASDAQ Exchange in the United States.
InstrumentUSA Mutual Fund View All
ExchangeNASDAQ Exchange
Business AddressNationwide Mutual Funds
Mutual Fund FamilyNationwide
Mutual Fund CategoryTarget-Date 2055
Phone800 848 0920
CurrencyUSD - US Dollar
You should never invest in Nationwide Destination without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Nationwide Mutual Fund, because this is throwing your money away. Analyzing the key information contained in Nationwide Destination's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Nationwide Destination Key Financial Ratios

Generally speaking, Nationwide Destination's financial ratios allow both analysts and investors to convert raw data from Nationwide Destination's financial statements into concise, actionable information that can be used to evaluate the performance of Nationwide Destination over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Nationwide Destination reports annually and quarterly.

Nationwide Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Nationwide Destination's current stock value. Our valuation model uses many indicators to compare Nationwide Destination value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nationwide Destination competition to find correlations between indicators driving Nationwide Destination's intrinsic value. More Info.
Nationwide Destination 2055 is number one fund in equity positions weight among similar funds. It is number one fund in three year return among similar funds reporting about  0.08  of Three Year Return per Equity Positions Weight. The ratio of Equity Positions Weight to Three Year Return for Nationwide Destination 2055 is roughly  12.31 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Nationwide Destination by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Nationwide Destination'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 Destination's earnings, one of the primary drivers of an investment's value.
Nationwide Destination 2055 is number one fund in net asset among similar funds. Total Asset Under Management (AUM) of Target-Date 2055 category is currently estimated at about 177.24 Million. Nationwide Destination totals roughly 88.62 Million in net asset claiming about 50% of funds listed under Target-Date 2055 category.
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Check out Stocks Correlation. Note that the Nationwide Destination information on this page should be used as a complementary analysis to other Nationwide Destination'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 Piotroski F Score module to get Piotroski F Score based on binary analysis strategy of nine different fundamentals.

Other Tools for Nationwide Mutual Fund

When running Nationwide Destination price analysis, check to measure Nationwide Destination's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nationwide Destination is operating at the current time. Most of Nationwide Destination's value examination focuses on studying past and present price action to predict the probability of Nationwide Destination's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Nationwide Destination's price. Additionally, you may evaluate how the addition of Nationwide Destination to your portfolios can decrease your overall portfolio volatility.
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