Nationwide Financials
| NWCPX Fund | USD 8.70 0.02 0.23% |
Nationwide |
Please note that past performance is not an indicator of the future performance of Nationwide, 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 Fund Summary
Nationwide competes with Delaware Limited-term, Lord Abbett, Wasatch Small, Davenport Small, and Fidelity Advisor. The investment seeks maximum long-term total return, consistent with reasonable risk to principal. Nationwide Core 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 | Intermediate Core-Plus Bond |
| Benchmark | NYSE Composite |
| Phone | 800 848 0920 |
| Currency | USD - US Dollar |
You should never invest in Nationwide E Plus without having analyzed available financial metrics that contribute to the net asset value (NAV) of the fund. 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's prospectus and an annual reports, can give you an edge over other investors and help to ensure that your investments perform well for you.
Nationwide Key Financial Ratios
Generally speaking, Nationwide's financial ratios allow both analysts and investors to convert raw data from Nationwide's financial statements into concise, actionable information that can be used to evaluate the performance of Nationwide 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 E Plus reports annually and quarterly.Nationwide Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Nationwide's current stock value. Our valuation model uses many indicators to compare Nationwide value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nationwide competition to find correlations between indicators driving Nationwide's intrinsic value. More Info.Nationwide E Plus is number one fund in annual yield among similar funds. It is number one fund in year to date return among similar funds creating about 2,835 of Year To Date Return per Annual Yield. Comparative valuation analysis is a catch-all model that can be used if you cannot value Nationwide by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Nationwide'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's earnings, one of the primary drivers of an investment's value.Nationwide E Plus Systematic Risk
Nationwide's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Nationwide 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.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Nationwide E Plus correlated with the market. If Beta is less than 0 Nationwide generally moves in the opposite direction as compared to the market. If Nationwide Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Nationwide E Plus is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Nationwide is generally in the same direction as the market. If Beta > 1 Nationwide moves generally in the same direction as, but more than the movement of the benchmark.
Nationwide April 24, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Nationwide help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Nationwide E Plus. We use our internally-developed statistical techniques to arrive at the intrinsic value of Nationwide E Plus 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's daily price indicators and compare them against related drivers.
| Information Ratio | (0.29) | |||
| Maximum Drawdown | 2.03 | |||
| Value At Risk | (0.80) | |||
| Potential Upside | 0.4551 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nationwide E Plus. 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 american community survey. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.