Nationwide Investor Destinations Fund Price on July 30, 2021
GIMCX Fund | USD 9.89 0.04 0.41% |
Below is the normalized historical share price chart for Nationwide Investor Destinations extending back to December 30, 2004. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Nationwide Investor stands at 9.89, as last reported on the 28th of March, with the highest price reaching 9.89 and the lowest price hitting 9.89 during the day.
If you're considering investing in Nationwide Mutual Fund, it is important to understand the factors that can impact its price. We consider Nationwide Investor very steady. Nationwide Investor has Sharpe Ratio of 0.0784, which conveys that the entity had a 0.0784% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Nationwide Investor, which you can use to evaluate the volatility of the fund. Please verify Nationwide Investor's Mean Deviation of 0.2427, downside deviation of 0.4042, and Risk Adjusted Performance of 0.0392 to check out if the risk estimate we provide is consistent with the expected return of 0.0252%.
Nationwide Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Nationwide |
Sharpe Ratio = 0.0784
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Estimated Market Risk
0.32 actual daily | 2 98% of assets are more volatile |
Expected Return
0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Nationwide Investor is performing at about 6% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Nationwide Investor by adding it to a well-diversified portfolio.
Nationwide Investor Valuation on July 30, 2021
It is possible to determine the worth of Nationwide Investor on a given historical date. On July 30, 2021 Nationwide was worth 10.18 at the beginning of the trading date compared to the closed value of 9.59. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nationwide Investor mutual fund. Still, in general, we apply an absolute valuation method to find Nationwide Investor's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Nationwide Investor where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nationwide Investor's related companies.
Open | High | Low | Close | Volume | |
03/14/2022 | 10.18 | 10.18 | 9.59 | 9.59 | 1.00 |
10.21 | 10.21 | 9.62 | 9.62 | 1.00 |
Backtest Nationwide Investor | | | Nationwide Investor History | | | Nationwide Investor Valuation | Next |
Nationwide Investor Trading Date Momentum on July 30, 2021
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.Nationwide Investor Fundamentals Correlations and Trends
By evaluating Nationwide Investor's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Nationwide Investor's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nationwide financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Nationwide Investor Mutual Fund history
Nationwide Investor investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Nationwide is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nationwide Investor will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Nationwide Investor stock prices may prove useful in developing a viable investing in Nationwide Investor
The fund is a fund of funds that invests primarily in affiliated mutual funds representing a variety of asset classes. The fund aims to provide diversification across major asset classes-U.S. stocks, international stocks, and bonds-by investing primarily in mutual funds offered by Nationwide Mutual Funds and affiliated or unaffiliated exchange-traded funds.
Nationwide Investor Mutual Fund Technical Analysis
Nationwide Investor technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Nationwide Investor Period Price Range
Low | March 14, 2022 | High |
10.18 | 9.59 |
-0.59 | -5.8% |
Nationwide Investor March 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Nationwide Investor mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nationwide Investor shares will generate the highest return on investment. By undertsting and applying Nationwide Investor mutual fund market strength indicators, traders can identify Nationwide Investor Destinations entry and exit signals to maximize returns
Nationwide Investor Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nationwide Investor's price direction in advance. Along with the technical and fundamental analysis of Nationwide Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nationwide to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.0392 | |||
Jensen Alpha | (0.03) | |||
Total Risk Alpha | (0.05) | |||
Sortino Ratio | (0.27) | |||
Treynor Ratio | 0.0411 |
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Volume Indicators |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Nationwide Investor Destinations. 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 main economic indicators. 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 the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Complementary Tools for Nationwide Mutual Fund analysis
When running Nationwide Investor's price analysis, check to measure Nationwide Investor'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 Investor is operating at the current time. Most of Nationwide Investor's value examination focuses on studying past and present price action to predict the probability of Nationwide Investor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nationwide Investor's price. Additionally, you may evaluate how the addition of Nationwide Investor to your portfolios can decrease your overall portfolio volatility.
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