Nationwide Mutual Fund Financials

NWCSX -  USA Fund  

USD 10.55  0.02  0.19%

Understanding current and past Nationwide Core Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Nationwide Core's financial statements are interrelated, with each one affecting the others. For example, an increase in Nationwide Core's assets may result in an increase in income on the income statement. Because of this, it is necessary to analyze all of Nationwide Core's financials over time to get the whole picture.
Please make use of Nationwide Core Plus fundamental data analysis to find out if markets are presently mispricing the entity. We are able to interpolate and collect twelve available fundamentals for Nationwide Core, which can be compared to its peers in the industry. Please exercise Nationwide Core Plus number of employees and net asset to make a decision on whether Nationwide Core Plus is priced favorably. Use Nationwide Core to enhance returns of your portfolios. The fund experiences a normal upward fluctuation. Check odds of Nationwide Core to be traded at $11.08 in 90 days.

Nationwide Fundamentals 

 
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With this module, you can analyze Nationwide financials for your investing period. You should be able to track the changes in Nationwide Core 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 Core Plus 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 Core 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 Core's official financial statements usually reflect Nationwide Core'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 Core Plus. For example, before you start analyzing numbers published by Nationwide accountants, it's critical to develop an understanding of what Nationwide Core'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 Core, 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 Core Company Summary

Nationwide Core competes with Metropolitan West, Metropolitan West, Metropolitan West, Pimco Fds, and Pimco Total. 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.
InstrumentUSA Mutual Fund View All
ExchangeNASDAQ Exchange
Business AddressNationwide Mutual Funds
Mutual Fund FamilyNationwide
Mutual Fund CategoryIntermediate Core-Plus Bond
BenchmarkDOW
Phone800 848 0920
CurrencyUSD - US Dollar
You should never invest in Nationwide Core 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 Core's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Nationwide Core Key Financial Ratios

Generally speaking, Nationwide Core's financial ratios allow both analysts and investors to convert raw data from Nationwide Core's financial statements into concise, actionable information that can be used to evaluate the performance of Nationwide Core 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 Core Plus reports annually and quarterly.

Nationwide Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Nationwide Core's current stock value. Our valuation model uses many indicators to compare Nationwide Core value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nationwide Core competition to find correlations between indicators driving Nationwide Core's intrinsic value. More Info.
Nationwide Core Plus is regarded third largest fund in five year return among similar funds. It is rated below average in three year return among similar funds reporting about  1.14  of Three Year Return per Five Year Return. . Comparative valuation analysis is a catch-all model that can be used if you cannot value Nationwide Core by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Nationwide Core'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 Core's earnings, one of the primary drivers of an investment's value.

Nationwide Core Plus Systematic Risk

Nationwide Core's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Nationwide Core 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-five with a total number of output elements of thirty-six. The Beta measures systematic risk based on how returns on Nationwide Core Plus correlated with the market. If Beta is less than 0 Nationwide Core generally moves in the opposite direction as compared to the market. If Nationwide Core Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Nationwide Core Plus is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Nationwide Core is generally in the same direction as the market. If Beta > 1 Nationwide Core moves generally in the same direction as, but more than the movement of the benchmark. View also all equity analysis or get more info about beta statistic functions indicator.

About Nationwide Core Financials

What exactly are Nationwide Core Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Nationwide Core's income statement, its balance sheet, and the statement of cash flows. Potential Nationwide Core investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Nationwide Core investors may use each financial statement separately, they are all related. The changes in Nationwide Core's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Nationwide Core's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines that you should keep in mind when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase year after year due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt to equity ratio because this number will tell you how much risk it has. If a company such as Nationwide Core is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to try and figure out if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that net revenue of Nationwide grown by more than 25% over the last five years, then there is a good chance that it will continue growing at least by 20% or more each year. On the other hand, if you see that net revenue has only grown by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
Nationwide Core Plus is rated below average in net asset among similar funds. Total Asset Under Management (AUM) of Intermediate Core-Plus Bond category is currently estimated at about 549.49 Billion. Nationwide Core adds roughly 1.08 Billion in net asset claiming only tiny portion of all funds under Intermediate Core-Plus Bond category.

Nationwide Core December 8, 2021 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Nationwide Core help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Nationwide Core Plus. We use our internally-developed statistical techniques to arrive at the intrinsic value of Nationwide Core 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 Core's daily price indicators and compare them against related drivers.
Information Ratio(0.20)
Maximum Drawdown0.7559
Value At Risk(0.29)
Potential Upside0.2833
Additionally, see Stocks Correlation. Note that the Nationwide Core Plus information on this page should be used as a complementary analysis to other Nationwide Core'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 Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

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When running Nationwide Core Plus price analysis, check to measure Nationwide Core'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 Core is operating at the current time. Most of Nationwide Core's value examination focuses on studying past and present price action to predict the probability of Nationwide Core's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Nationwide Core's price. Additionally, you may evaluate how the addition of Nationwide Core to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Nationwide Core's value and its price as these two are different measures arrived at by different means. Investors typically determine Nationwide Core value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nationwide Core's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.