Nationwide Mutual Fund Financials

NWFAX -  USA Fund  

USD 33.45  0.24  0.72%

Understanding current and past Nationwide Fund Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Nationwide Fund's financial statements are interrelated, with each one affecting the others. For example, an increase in Nationwide Fund's assets may result in an increase in income on the income statement. Because of this, it is necessary to analyze all of Nationwide Fund's financials over time to get the whole picture.
Use fundamental data analysis to check out all available financial ratios of Nationwide Fund Cl to find out if markets are presently mispricing the entity. We were able to analyze sixteen available fundamentals for Nationwide Fund, which can be compared to its peers in the industry. Use Nationwide Fund Cl price to earning, total asset, as well as the relationship between the Total Asset and net asset to make sure your decision on pricing Nationwide Fund Cl is adequate. Use Nationwide Fund to enhance returns of your portfolios. The fund experiences a moderate upward volatility. Check odds of Nationwide Fund to be traded at $36.8 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 Fund 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 Fund Cl 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 Fund 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 Fund's official financial statements usually reflect Nationwide Fund'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 Fund Cl. For example, before you start analyzing numbers published by Nationwide accountants, it's critical to develop an understanding of what Nationwide Fund'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 Fund, 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 Company Summary

Nationwide Fund competes with Vanguard Total. The investment seeks total return through a flexible combination of capital appreciation and current income. Nationwide Fund 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 CategoryLarge Blend
BenchmarkDOW
Phone800 848 0920
CurrencyUSD - US Dollar
You should never invest in Nationwide Fund 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 Fund's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Nationwide Fund Key Financial Ratios

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

Nationwide Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Nationwide Fund's current stock value. Our valuation model uses many indicators to compare Nationwide Fund value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nationwide Fund competition to find correlations between indicators driving Nationwide Fund's intrinsic value. More Info.
Nationwide Fund Cl is number one fund in price to sales among similar funds. It is regarded second largest fund in last dividend paid among similar funds creating about  0.01  of Last Dividend Paid per Price to Sales. The ratio of Price to Sales to Last Dividend Paid for Nationwide Fund Cl is roughly  97.50 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Nationwide Fund by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Nationwide Fund'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 Fund's earnings, one of the primary drivers of an investment's value.

Nationwide Fund Cl Systematic Risk

Nationwide Fund's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Nationwide Fund 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 thirty-one with a total number of output elements of thirty. The Beta measures systematic risk based on how returns on Nationwide Fund Cl correlated with the market. If Beta is less than 0 Nationwide Fund generally moves in the opposite direction as compared to the market. If Nationwide Fund Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Nationwide Fund Cl is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Nationwide Fund is generally in the same direction as the market. If Beta > 1 Nationwide Fund 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 Fund Financials

What exactly are Nationwide Fund 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 Fund's income statement, its balance sheet, and the statement of cash flows. Potential Nationwide Fund investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Nationwide Fund investors may use each financial statement separately, they are all related. The changes in Nationwide Fund's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Nationwide Fund'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 Fund 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 Fund Cl is regarded second largest fund in net asset among similar funds. Total Asset Under Management (AUM) of Large Blend category is currently estimated at about 1.26 Trillion. Nationwide Fund adds roughly 1.29 Billion in net asset claiming only tiny portion of funds under Large Blend category.

Nationwide Fund December 4, 2021 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Nationwide Fund help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Nationwide Fund Cl. We use our internally-developed statistical techniques to arrive at the intrinsic value of Nationwide Fund Cl 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 Fund's daily price indicators and compare them against related drivers.
Information Ratio0.0298
Maximum Drawdown4.12
Value At Risk(1.61)
Potential Upside1.22
Additionally, see Stocks Correlation. Note that the Nationwide Fund Cl information on this page should be used as a complementary analysis to other Nationwide Fund'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 Equity Valuation module to check real value of public entities based on technical and fundamental data.

Complementary Tools for Nationwide Mutual Fund analysis

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