Nationwide Mutual Fund Buy Hold or Sell Recommendation

GIMCX -  USA Fund  

USD 11.05  0.03  0.27%

Assuming the 90 days horizon and your typical level of risk aversion, our recommendation regarding Nationwide Investor Destinations is 'Hold'. Macroaxis provides Nationwide Investor buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding GIMCX positions. The advice algorithm takes into account all of Nationwide Investor's available fundamental, technical, and predictive indicators you will find on this site.

Nationwide Advice 

 
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The advice is provided from Nationwide Investor's buy-and-hold perspective. Please check Nationwide Investor Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. We conduct extensive research on individual funds such as Nationwide and provide practical buy, sell, or hold recommendation based on selected investing horizon and risk tolerance towards Nationwide Investor Destinations.

Execute Nationwide Investor Buy or Sell Advice

The Nationwide recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Nationwide Investor Destinations. Macroaxis does not own or have any residual interests in Nationwide Investor Destinations or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Nationwide Investor's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Nationwide InvestorBuy Nationwide Investor
Hold

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

Fairly ValuedDetails

Odds of Distress

Very SmallDetails

Economic Sensitivity

Slowly supersedes the marketDetails

Analyst Consensus

Not AvailableDetails
For the selected time horizon Nationwide Investor Destinations has a Risk Adjusted Performance of (0.02787), Jensen Alpha of (0.015522), Total Risk Alpha of (0.017498) and Treynor Ratio of (0.06)
Our investment recommendation tool can cross-verify current analyst consensus on Nationwide Investor Destinations and to analyze the entity potential to grow in the current economic cycle. Use Nationwide Investor Destinations five year return and cash position weight to ensure your buy or sell decision on Nationwide Investor is adequate.

Nationwide Investor Trading Alerts and Improvement Suggestions

Nationwide Investor is unlikely to experience financial distress in the next 2 years
The fund retains about 15.95% of its assets under management (AUM) in cash

Nationwide Investor Returns Distribution Density

The distribution of Nationwide Investor's historical returns is an attempt to chart the future uncertainty of Nationwide Investor's future price movements. The chart of the probability distribution of Nationwide Investor stock daily returns describes the distribution of returns around its average expected value. We use Nationwide Investor Destinations price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Nationwide Investor returns is essential to provide solid investment advice for Nationwide Investor stock.
Mean Return-0.0012Value At Risk-0.27
Potential Upside0.27Standard Deviation0.21
 Return Density 
      Distribution 
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Nationwide Investor historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Nationwide Investor Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Nationwide Investor or Nationwide sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Nationwide Investor stock's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Nationwide stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over DOW
-0.02
β
Beta against DOW0.20
σ
Overall volatility
0.21
Ir
Information ratio -0.16

Nationwide Investor Volatility Alert

Nationwide Investor Destinations exhibits very low volatility with skewness of -0.78 and kurtosis of 2.39. However, we advise investors to further study Nationwide Investor Destinations technical indicators to make sure all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Nationwide Investor's mutual fund risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Nationwide Investor's mutual fund price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Nationwide Investor Fundamentals Vs Peers

Comparing Nationwide Investor's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Nationwide Investor's direct or indirect competition across all of the common fundamentals between Nationwide Investor and the related equities. This way, we can detect undervalued stocks with similar characteristics as Nationwide Investor or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Nationwide Investor's fundamental indicators could also be used in its relative valuation, which is a method of valuing Nationwide Investor by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Nationwide Investor to competition
FundamentalsNationwide InvestorPeer Average
Price to Earning18.14 X6.53 X
Price to Book1.95 X0.74 X
Price to Sales1.39 X0.61 X
One Year Return6.01 %4.15 %
Three Year Return4.03 %3.60 %
Five Year Return3.69 %3.24 %
Ten Year Return4.21 %1.79 %
Net Asset624.54 M4.11 B
Minimum Initial Investment1000 K976.16 K
Last Dividend Paid0.030.65
Cash Position Weight15.95 %10.61 %
Equity Positions Weight16.14 %63.90 %
Bond Positions Weight52.97 %11.24 %

About Nationwide Investor Buy or Sell Advice

When is the right time to buy or sell Nationwide Investor Destinations? Buying financial instruments such as Nationwide Mutual Fund isn't very hard. However, what challenging for most investors is doing it at the right time to beat the stock market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Although Nationwide Investor investors may find it confusing at the beginning, most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Nationwide Investor in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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ETFs Theme
Public companies that diversify risk by investing across different stocks, funds, or indexes. ETFs theme has 20 constituents.
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Please check Nationwide Investor Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. 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 Equity Valuation module to check real value of public entities based on technical and fundamental data.

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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.