Nationwide Inflation Protected Securities Fund Quote
| NWXNX Fund | USD 8.84 0.02 0.23% |
Performance0 of 100
| Odds Of DistressLess than 22
|
Nationwide Inflation-protec is trading at 8.84 as of the 23rd of April 2024; that is 0.23 percent increase since the beginning of the trading day. The fund's open price was 8.82. Nationwide Inflation-protec 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 Inflation Protected Securities are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of March 2024 and ending today, the 23rd of April 2024. Click here to learn more.
Under normal circumstances, the fund invests at least 80 percent of its net assets in fixed-income securities that are indexed or linked to the rate of inflation in the United States. It may invest up to 20 percent of its net assets in fixed-income securities that are not linked to inflation. More on Nationwide Inflation Protected Securities
Moving together with Nationwide Mutual Fund
| 0.67 | 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 Inflation-protec's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Nationwide Inflation-protec 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, Inflation-Protected Bond Funds, Inflation-Protected Bond, Nationwide, Large, Inflation-Protected Bond (View all Sectors) |
| Update Date | 31st of March 2024 |
Nationwide Inflation Protected Securities [NWXNX] is traded in USA and was established 23rd of April 2024. Nationwide Inflation-protec is listed under Nationwide category by Fama And French industry classification. The fund is listed under Inflation-Protected Bond category and is part of Nationwide family. This fund now has accumulated 245.05 M in assets with minimum initial investment of 50 K. Nationwide Inflation-protec is currently producing year-to-date (YTD) return of 0.08% with the current yeild of 0.0%, while the total return for the last 3 years was -1.69%.
Check Nationwide Inflation-protec Probability Of Bankruptcy
Instrument Allocation
Nationwide Inflation-protec Target Price Odds Analysis
Based on a normal probability distribution, the odds of Nationwide Inflation-protec jumping above the current price in 90 days from now is about 92.8%. The Nationwide Inflation Protected Securities probability density function shows the probability of Nationwide Inflation-protec mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Nationwide Inflation-protec has a beta of 0.0893. This indicates as returns on the market go up, Nationwide Inflation-protec average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Nationwide Inflation Protected Securities will be expected to be much smaller as well. Additionally, nationwide Inflation Protected Securities 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 Inflation-protec to move above the current price in 90 days from now is about 92.8 (This Nationwide Inflation Protected Securities probability density function shows the probability of Nationwide Mutual Fund to fall within a particular range of prices over 90 days) .
Nationwide Inflation-protec Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Nationwide Inflation-protec market risk premium is the additional return an investor will receive from holding Nationwide Inflation-protec 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 Inflation-protec. 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 Inflation-protec's alpha and beta are two of the key measurements used to evaluate Nationwide Inflation-protec's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.2505 | |||
| Standard Deviation | 0.3291 | |||
| Variance | 0.1083 | |||
| Risk Adjusted Performance | (0.03) |
Nationwide Inflation-protec Against Markets
Picking the right benchmark for Nationwide Inflation-protec 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 Inflation-protec 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 Inflation-protec is critical whether you are bullish or bearish towards Nationwide Inflation Protected Securities at a given time. Please also check how Nationwide Inflation-protec'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 Inflation-protec 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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How to buy Nationwide Mutual Fund?
Before investing in Nationwide Inflation-protec, 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 Inflation-protec. To buy Nationwide Inflation-protec fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Nationwide Inflation-protec. 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 Inflation-protec fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Nationwide Inflation Protected Securities 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 Inflation Protected Securities 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 Inflation Protected Securities, 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 Inflation Protected Securities?
The danger of trading Nationwide Inflation Protected Securities 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 Inflation-protec 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 Inflation-protec. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Nationwide Inflation-protec 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 Inflation Protected Securities. 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 board of governors. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.