Nationwide E Plus Fund Quote
| NWCSX Fund | USD 8.68 0.01 0.12% |
Performance0 of 100
| Odds Of DistressLess than 22
|
Nationwide Core is trading at 8.68 as of the 23rd of April 2024; that is 0.12 percent increase since the beginning of the trading day. The fund's open price was 8.67. Nationwide Core has about a 22 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Nationwide E Plus are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of May 2022 and ending today, the 23rd of April 2024. Click here to learn more.
The fund invests at least 80 percent of its net assets in fixed-income securities. Securities in which it invests may pay interest on either a fixed-rate or variable-rate basis. The funds portfolio can be expected to have an average effective duration ranging between three and eight years, although its sub-adviser may lengthen or shorten the funds portfolio duration outside this range depending on its evaluation of market conditions.. More on Nationwide E Plus
Moving together with Nationwide Mutual Fund
| 0.81 | GCFRX | Nationwide Investor | PairCorr |
Nationwide 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. Nationwide Core's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Nationwide Core or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | Nationwide Funds, Large Funds, Intermediate Core-Plus Bond Funds, Intermediate Core-Plus Bond, Nationwide (View all Sectors) |
| Update Date | 31st of March 2024 |
Nationwide E Plus [NWCSX] is traded in USA and was established 23rd of April 2024. Nationwide Core is listed under Nationwide category by Fama And French industry classification. The fund is listed under Intermediate Core-Plus Bond category and is part of Nationwide family. This fund now has accumulated 1.21 B in assets with no minimum investment requirementsNationwide E Plus is currently producing year-to-date (YTD) return of 0.01% with the current yeild of 0.0%, while the total return for the last 3 years was -3.05%.
Check Nationwide Core Probability Of Bankruptcy
Instrument Allocation
Nationwide Core Target Price Odds Analysis
Based on a normal probability distribution, the odds of Nationwide Core jumping above the current price in 90 days from now is about 98.0%. The Nationwide E Plus probability density function shows the probability of Nationwide Core mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Nationwide Core has a beta of 0.2689. This indicates as returns on the market go up, Nationwide Core average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Nationwide E Plus will be expected to be much smaller as well. Additionally, nationwide E Plus has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Nationwide Core to move above the current price in 90 days from now is about 98.0 (This Nationwide E Plus probability density function shows the probability of Nationwide Mutual Fund to fall within a particular range of prices over 90 days) .
Nationwide E Plus Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Nationwide Core market risk premium is the additional return an investor will receive from holding Nationwide Core 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 Core. 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 Core's alpha and beta are two of the key measurements used to evaluate Nationwide Core's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.3072 | |||
| Standard Deviation | 0.4015 | |||
| Variance | 0.1612 | |||
| Risk Adjusted Performance | (0.04) |
Nationwide Core Against Markets
Picking the right benchmark for Nationwide Core 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 Core 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 Core is critical whether you are bullish or bearish towards Nationwide E Plus at a given time. Please also check how Nationwide Core's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Nationwide Core without increasing your portfolio risk or giving up the 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.Did you try this?
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| All Next | Launch Module |
How to buy Nationwide Mutual Fund?
Before investing in Nationwide Core, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Nationwide Core. To buy Nationwide Core fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Nationwide Core. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Nationwide Core fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Nationwide E Plus fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Nationwide E Plus fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Nationwide E Plus, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Nationwide E Plus?
The danger of trading Nationwide E Plus is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Nationwide Core is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Nationwide Core. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Nationwide E Plus is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 state. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.