Nationwide Fund Mutual Fund Forecast - Kurtosis
| NWFAX Fund | USD 31.20 0.04 0.13% |
Nationwide Mutual Fund Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Nationwide Fund stock prices and determine the direction of Nationwide Fund Class's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Nationwide Fund's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Nationwide Fund to cross-verify your projections. Nationwide |
Most investors in Nationwide Fund cannot accurately predict what will happen the next trading day because, historically, fund markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Nationwide Fund's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Nationwide Fund's price structures and extracts relationships that further increase the generated results' accuracy.
| Previous Kurtosis | Kurtosis | Trend |
| 0 | 0 |
| Check Nationwide Fund Volatility | Backtest Nationwide Fund | Information Ratio |
Nationwide Fund Trading Date Momentum
| On April 24 2024 Nationwide Fund Class was traded for 31.20 at the closing time. The highest daily price throughout the period was 31.20 and the lowest price was 31.20 . There was no trading activity during the period 1.0. Lack of trading volume on 04/24/2024 did not cause price change. The trading delta at closing time to current closing price is 0.00% . |
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Other Forecasting Options for Nationwide Fund
For every potential investor in Nationwide, whether a beginner or expert, Nationwide Fund's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Nationwide Mutual Fund price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Nationwide. Basic forecasting techniques help filter out the noise by identifying Nationwide Fund's price trends.Nationwide Fund Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Nationwide Fund mutual fund to make a market-neutral strategy. Peer analysis of Nationwide Fund could also be used in its relative valuation, which is a method of valuing Nationwide Fund by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Nationwide Fund Class Technical and Predictive Analytics
The mutual fund market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Nationwide Fund's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Nationwide Fund's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Nationwide Fund Market Strength Events
Market strength indicators help investors to evaluate how Nationwide Fund mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nationwide Fund shares will generate the highest return on investment. By undertsting and applying Nationwide Fund mutual fund market strength indicators, traders can identify Nationwide Fund Class entry and exit signals to maximize returns.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 31.2 | |||
| Day Typical Price | 31.2 | |||
| Price Action Indicator | (0.02) | |||
| Period Momentum Indicator | (0.04) | |||
| Relative Strength Index | 43.7 |
Nationwide Fund Risk Indicators
The analysis of Nationwide Fund's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Nationwide Fund's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting nationwide mutual fund prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 0.6103 | |||
| Semi Deviation | 0.6251 | |||
| Standard Deviation | 0.7845 | |||
| Variance | 0.6155 | |||
| Downside Variance | 0.5746 | |||
| Semi Variance | 0.3908 | |||
| Expected Short fall | (0.68) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Nationwide Fund in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Nationwide Fund's short interest history, or implied volatility extrapolated from Nationwide Fund options trading.
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Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of Nationwide Fund to cross-verify your projections. Note that the Nationwide Fund Class 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 the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.