Nationwide Mutual Fund Probability of Future Mutual Fund Price Finishing Over 9.38

GIIRX -  USA Fund  

USD 9.38  0.02  0.21%

Nationwide International's future price is the expected price of Nationwide International instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Nationwide International Index performance during a given time horizon utilizing its historical volatility.

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Please check Nationwide International Backtesting, Portfolio Optimization, Nationwide International Correlation, Nationwide International Hype Analysis, Nationwide International Volatility, Nationwide International History as well as Nationwide International Performance. Please specify Nationwide International time horizon, a valid symbol (red box) and a target price (blue box) you would like Nationwide International odds to be computed.
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Nationwide International Target Price Odds to finish over 9.38

The tendency of Nationwide Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for foresting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to move above the current price in 90 days
 9.38 90 days 9.38  about 13.93
Based on a normal probability distribution, the odds of Nationwide International to move above the current price in 90 days from now is about 13.93 (This Nationwide International Index probability density function shows the probability of Nationwide Mutual Fund to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Nationwide International Index has a beta of -0.0598. This usually indicates as returns on benchmark increase, returns on holding Nationwide International are expected to decrease at a much lower rate. During the bear market, however, Nationwide International Index 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 International is significantly underperforming DOW.
 Nationwide International Price Density 
      Price 

Predictive Modules for Nationwide International

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Nationwide International. Regardless of method or technology, however, to accurately forecast the stock or bond market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Nationwide International's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Nationwide International in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
8.699.3810.07
Details
Intrinsic
Valuation
LowReal ValueHigh
8.138.829.51
Details
Naive
Forecast
LowNext ValueHigh
8.739.4310.12
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
8.959.259.56
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Nationwide International. Your research has to be compared to or analyzed against Nationwide International's peers to derive any actionable benefits. When done correctly, Nationwide International's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Nationwide International.

Nationwide International Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Nationwide International is not an exception. The market had few large corrections towards the Nationwide International's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Nationwide International Index, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Nationwide International within the framework of very fundamental risk indicators.
α
Alpha over DOW
-0.0042
β
Beta against DOW-0.06
σ
Overall volatility
0.12
Ir
Information ratio -0.0046

Nationwide International Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Nationwide International for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Nationwide International can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Latest headline from www.dividendinvestor.com: NASDAQGIIRX Nationwide International Index Fd Cl RNationwide Mutual Funds Dividend Announcement 0.0216 per share - Dividend Investor
The fund generated three year return of -1.0%
Nationwide International retains 99.7% of its assets under management (AUM) in equities

Nationwide International Technical Analysis

Nationwide International's future price can be derived by breaking down and analyzing its technical indicators over time. Nationwide Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Nationwide International Index. In general, you should focus on analyzing Nationwide Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.

Nationwide International Predictive Forecast Models

Nationwide International time-series forecasting models is one of many Nationwide International's mutual fund analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Nationwide International's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

Things to note about Nationwide International

Checking the ongoing alerts about Nationwide International for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Nationwide International help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Nationwide International Alerts

Nationwide International Alerts and Suggestions

Latest headline from www.dividendinvestor.com: NASDAQGIIRX Nationwide International Index Fd Cl RNationwide Mutual Funds Dividend Announcement 0.0216 per share - Dividend Investor
The fund generated three year return of -1.0%
Nationwide International retains 99.7% of its assets under management (AUM) in equities
Please check Nationwide International Backtesting, Portfolio Optimization, Nationwide International Correlation, Nationwide International Hype Analysis, Nationwide International Volatility, Nationwide International History as well as Nationwide International Performance. Note that the Nationwide International information on this page should be used as a complementary analysis to other Nationwide International'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 Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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