Nationwide Destination 2055 Fund Price on December 23, 2019
NTDAX Fund | USD 13.73 0.12 0.88% |
Below is the normalized historical share price chart for Nationwide Destination 2055 extending back to December 27, 2010. 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 Destination stands at 13.73, as last reported on the 23rd of April, with the highest price reaching 13.73 and the lowest price hitting 13.73 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 Destination very steady. Nationwide Destination has Sharpe Ratio of 0.0458, which conveys that the entity had a 0.0458% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Nationwide Destination, which you can use to evaluate the volatility of the fund. Please verify Nationwide Destination's Downside Deviation of 0.6923, mean deviation of 0.5006, and Risk Adjusted Performance of 0.0555 to check out if the risk estimate we provide is consistent with the expected return of 0.0295%.
Nationwide Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Nationwide |
Sharpe Ratio = 0.0458
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Estimated Market Risk
0.65 actual daily | 5 95% of assets are more volatile |
Expected Return
0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Nationwide Destination is performing at about 3% 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 Destination by adding it to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
About Nationwide Destination Mutual Fund history
Nationwide Destination 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 Destination 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 Destination stock prices may prove useful in developing a viable investing in Nationwide Destination
The fund is a fund of funds that invests primarily in affiliated mutual funds representing a variety of asset classes. It invests in a professionally selected mix of different asset classes that is tailored for investors planning to retire in, or close to, the year 2055. The fund allocated approximately 66 percent of its net assets in U.S. stocks , approximately 25 percent in international stocks, and approximately 9 percent to bonds.
Nationwide Destination Mutual Fund Technical Analysis
Nationwide Destination 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 Destination Period Price Range
Nationwide Destination April 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Nationwide Destination 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 Destination shares will generate the highest return on investment. By undertsting and applying Nationwide Destination mutual fund market strength indicators, traders can identify Nationwide Destination 2055 entry and exit signals to maximize returns
Daily Balance Of Power | 9.2 T | |||
Rate Of Daily Change | 1.01 | |||
Day Median Price | 13.73 | |||
Day Typical Price | 13.73 | |||
Price Action Indicator | 0.06 | |||
Period Momentum Indicator | 0.12 |
Nationwide Destination Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nationwide Destination'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 | 0.0555 | |||
Jensen Alpha | (0.03) | |||
Total Risk Alpha | (0.03) | |||
Sortino Ratio | (0.04) | |||
Treynor Ratio | 0.0483 |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nationwide Destination 2055. 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 nation. Note that the Nationwide Destination information on this page should be used as a complementary analysis to other Nationwide Destination'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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.