Nationwide E Plus Fund Price on May 28, 2021
| NWCSX Fund | USD 8.67 0.03 0.34% |
Below is the normalized historical share price chart for Nationwide E Plus extending back to April 24, 2013. 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 stands at 8.67, as last reported on the 18th of April 2024, with the highest price reaching 8.67 and the lowest price hitting 8.67 during the day.
If you're considering investing in Nationwide Mutual Fund, it is important to understand the factors that can impact its price. Nationwide E Plus has Sharpe Ratio of -0.0724, which conveys that the entity had a -0.0724% return per unit of risk over the last 3 months. Nationwide exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nationwide's Mean Deviation of 0.3094, risk adjusted performance of (0.07), and Standard Deviation of 0.4022 to check out the risk estimate we provide.
Nationwide Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Nationwide |
Sharpe Ratio = -0.0724
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| Negative Returns | NWCSX |
Estimated Market Risk
| 0.41 actual daily | 3 97% of assets are more volatile |
Expected Return
| -0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Nationwide is not performing at its full potential. However, 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 by adding Nationwide to a well-diversified portfolio.
Nationwide Valuation on May 28, 2021
It is possible to determine the worth of Nationwide on a given historical date. On May 28, 2021 Nationwide was worth 9.78 at the beginning of the trading date compared to the closed value of 9.05. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nationwide mutual fund. Still, in general, we apply an absolute valuation method to find Nationwide'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 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nationwide's related companies.
| Open | High | Low | Close | Volume | |
04/04/2022 | 9.78 | 9.78 | 9.05 | 9.05 | 1.00 |
| 9.70 | 9.70 | 8.98 | 8.98 | 1.00 |
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Nationwide Trading Date Momentum on May 28, 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 E Plus Fundamentals Correlations and Trends
By evaluating Nationwide'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'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 Mutual Fund history
Nationwide 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 E Plus 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 stock prices may prove useful in developing a viable investing in Nationwide
The fund invests at least 80 percent of its net assets in fixed-income securities. Securities in which it invests may pay interest on either a fixed-rate or variable-rate basis. The funds portfolio can be expected to have an average effective duration ranging between three and eight years, although its sub-adviser may lengthen or shorten the funds portfolio duration outside this range depending on its evaluation of market conditions.
Nationwide Mutual Fund Technical Analysis
Nationwide 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 Period Price Range
Low | April 4, 2022
| High |
9.78 | 9.05 |
Nationwide April 18, 2024 Market Strength
Market strength indicators help investors to evaluate how Nationwide 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 shares will generate the highest return on investment. By undertsting and applying Nationwide mutual fund market strength indicators, traders can identify Nationwide E Plus entry and exit signals to maximize returns
Nationwide Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nationwide'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 | (0.07) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | (0.56) |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nationwide E Plus. 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 state. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.