Nationwide Mutual Funds Fund Buy Hold or Sell Recommendation

MIFXX Fund  USD 1.00  0.00  0.00%   
Assuming the 90 days horizon and your slightly conservative level of risk, our recommendation regarding Nationwide Mutual Funds is 'Not Rated'. Macroaxis provides Nationwide Mutual buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding MIFXX positions. The advice algorithm takes into account all of Nationwide Mutual's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Nationwide Mutual's buy or sell advice are summarized below:
Real Value
0.0
Hype Value
0.0
Market Value
1
Naive Value
1
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Nationwide Mutual Funds given historical horizon and risk tolerance towards Nationwide Mutual. When Macroaxis issues a 'buy' or 'sell' recommendation for Nationwide Mutual Funds, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Nationwide Mutual 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.
In addition, we conduct extensive research on individual funds such as Nationwide and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards Nationwide Mutual Funds. Also, note that the market value of any money market fund could be tightly coupled with the direction of predictive economic indicators such as signals in interest.

Execute Nationwide Mutual 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 Mutual Funds. Macroaxis does not own or have any residual interests in Nationwide Mutual Funds or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Nationwide Mutual's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Nationwide MutualBuy Nationwide Mutual
Strong Sell

Market Performance

OKDetails

Volatility

Out of controlDetails

Hype Condition

Under hypedDetails

Current Valuation

UndervaluedDetails

Odds Of Distress

About AverageDetails

Economic Sensitivity

Barely shadows the marketDetails

Analyst Consensus

Not AvailableDetails
For the selected time horizon Nationwide Mutual Funds has a Mean Deviation of 0.0331, Standard Deviation of 0.1304 and Variance of 0.017
We provide investment recommendation to complement the last-minute expert consensus on Nationwide Mutual Funds. Our dynamic recommendation engine harnesses a multidimensional algorithm to analyze the entity's potential to grow using all technical and fundamental data available at the time. Please verify Nationwide Mutual Funds total asset to decide if your Nationwide Mutual Funds buy or sell deciscion is justified.

Nationwide Mutual Trading Alerts and Improvement Suggestions

Nationwide Mutual has some characteristics of a very speculative penny stock
The fund maintains all of the assets in different exotic instruments

Nationwide Mutual Returns Distribution Density

The distribution of Nationwide Mutual's historical returns is an attempt to chart the uncertainty of Nationwide Mutual's future price movements. The chart of the probability distribution of Nationwide Mutual daily returns describes the distribution of returns around its average expected value. We use Nationwide Mutual Funds price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Nationwide Mutual returns is essential to provide solid investment advice for Nationwide Mutual.
Mean Return
0.02
Value At Risk
0.00
Potential Upside
0.00
Standard Deviation
0.13
   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 Mutual 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 Mutual 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 Mutual 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 Mutual's price will be affected by overall money market fund 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 fund'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 NYSE Composite
0
β
Beta against NYSE Composite0.03
σ
Overall volatility
0.13
Ir
Information ratio -0.91

Nationwide Mutual Volatility Alert

Nationwide Mutual Funds exhibits very low volatility with skewness of 7.75 and kurtosis of 60.0. Nationwide Mutual Funds is a potential penny fund. Although Nationwide Mutual may be in fact a good instrument to invest, many penny money market funds are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in Nationwide Mutual Funds. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Nationwide instrument if you perfectly time your entry and exit. However, remember that penny funds that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.

Nationwide Mutual Fundamentals Vs Peers

Comparing Nationwide Mutual'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 Mutual's direct or indirect competition across all of the common fundamentals between Nationwide Mutual and the related equities. This way, we can detect undervalued stocks with similar characteristics as Nationwide Mutual or determine the money market funds which would be an excellent addition to an existing portfolio. Peer analysis of Nationwide Mutual's fundamental indicators could also be used in its relative valuation, which is a method of valuing Nationwide Mutual by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Nationwide Mutual to competition
FundamentalsNationwide MutualPeer Average
Annual Yield0.05 %0.29 %
Net Asset360.84 M4.11 B

Nationwide Mutual Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Nationwide . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Nationwide Mutual Buy or Sell Advice

When is the right time to buy or sell Nationwide Mutual Funds? Buying financial instruments such as Nationwide Money Market Fund isn't very hard. However, what challenging for most investors is doing it at the right time to beat the 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. 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 Mutual 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.

Did You Try This Idea?

Run Business Supplies Thematic Idea Now

Business Supplies
Business Supplies Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Business Supplies theme has 22 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Business Supplies Theme or any other thematic opportunities.
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Check out Nationwide Mutual 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.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

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Please note, there is a significant difference between Nationwide Mutual's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nationwide Mutual is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nationwide Mutual'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.