Nationwide Mutual Fund Quote

GIMCX -  USA Fund  

USD 10.58  0.03  0.28%

Market Performance
0 of 100
Odds Of Distress
Less than 1
Nationwide Investor is trading at 10.58 as of the 26th of January 2022; that is 0.28 percent increase since the beginning of the trading day. The fund's open price was 10.55. Nationwide Investor has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Nationwide Investor Destinations are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 31st of January 2021 and ending today, the 26th of January 2022. Click here to learn more.
The investment seeks to maximize total investment return for a conservative level of risk. Nationwide Investor is traded on NASDAQ Exchange in the United States.. More on Nationwide Investor Destinations

Nationwide Investor Mutual Fund Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. Nationwide Investor's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Nationwide Investor or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Nationwide Investor generated a negative expected return over the last 90 days
Nationwide Investor is unlikely to experience financial distress in the next 2 years
The fund retains about 5.49% of its assets under management (AUM) in cash
Legal NameNationwide Investor Destinations
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Nationwide Investor's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong HoldFairly Valued
Beta In Three Year0.45
Startdate30th of June 2017
Nationwide Investor Destinations [GIMCX] is traded in USA and was established 26th of January 2022. The fund is listed under Allocation--15% to 30% Equity category and is part of Nationwide family. Nationwide Investor currently has accumulated 605.75 M in assets under management (AUM) with minimum initial investment of 1000 K. , while the total return for the last 3 years was 4.03%.
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Instrument Allocation

Sector Allocation (%)

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Nationwide Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Nationwide Investor , and the less return is expected.

Top Nationwide Investor Destinations Constituents

Nationwide Investor Target Price Odds Analysis

What are Nationwide Investor's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Nationwide Investor jumping above the current price in 90 days from now is close to 99%. The Nationwide Investor Destinations probability density function shows the probability of Nationwide Investor mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Nationwide Investor Destinations has a beta of -0.0539. This usually indicates as returns on benchmark increase, returns on holding Nationwide Investor are expected to decrease at a much lower rate. During the bear market, however, Nationwide Investor Destinations is likely to outperform the market. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Nationwide Investor is significantly underperforming DOW.
 Odds Down 10.58HorizonTargetOdds Up 10.58 
0.76%90 days
 10.58 
99.21%
Based on a normal probability distribution, the odds of Nationwide Investor to move above the current price in 90 days from now is close to 99 (This Nationwide Investor Destinations probability density function shows the probability of Nationwide Mutual Fund to fall within a particular range of prices over 90 days) .

Nationwide Investor Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Nationwide Investor market risk premium is the additional return an investor will receive from holding Nationwide Investor long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Nationwide Investor. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Nationwide Investor's alpha and beta are two of the key measurements used to evaluate Nationwide Investor's performance over the market, the standard measures of volatility play an important role as well.

Nationwide Investor Against Markets

Picking the right benchmark for Nationwide Investor mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Nationwide Investor mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Nationwide Investor is critical whether you are bullish or bearish towards Nationwide Investor Destinations at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Nationwide Investor without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Theme Ratings

Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
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Please check Risk vs Return Analysis. Note that the Nationwide Investor information on this page should be used as a complementary analysis to other Nationwide Investor'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 Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

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