Nationwide Investor Destinations Fund Technical Analysis
| NCDMXDelisted Fund | USD 8.88 0.00 0.00% |
As of the 24th of April, Nationwide Investor secures the Mean Deviation of 0.4296, downside deviation of 1.42, and Risk Adjusted Performance of 0.0411. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Nationwide Investor, as well as the relationship between them. Strictly speaking, you can use this information to find out if the fund will indeed mirror its model of past prices, or the prices will eventually revert. We have collected data for nineteen technical drivers for Nationwide Investor, which can be compared to its peers in the industry. Please verify Nationwide Investor information ratio and downside variance to decide if Nationwide Investor Destinations is priced some-what accurately, providing market reflects its recent price of 8.88 per share.
Nationwide Investor Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Nationwide, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NationwideNationwide |
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.
Nationwide Investor Technical Analysis
We are not able to run technical analysis function on this symbol. We either do not have that equity or its historical data is not available at this time. Please try again later.
Nationwide Investor Trend Analysis
Use this graph to draw trend lines for Nationwide Investor Destinations. You can use it to identify possible trend reversals for Nationwide Investor as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Nationwide Investor price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Nationwide Investor Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Nationwide Investor Destinations applied against its price change over selected period. The best fit line has a slop of 0.0014 , which may suggest that Nationwide Investor Destinations market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.07, which is the sum of squared deviations for the predicted Nationwide Investor price change compared to its average price change.About Nationwide Investor Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Nationwide Investor Destinations on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Nationwide Investor Destinations based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Nationwide Investor price pattern first instead of the macroeconomic environment surrounding Nationwide Investor. By analyzing Nationwide Investor's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Nationwide Investor's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Nationwide Investor specific price patterns or momentum indicators. Please read more on our technical analysis page.
Nationwide Investor April 24, 2024 Technical Indicators
Most technical analysis of Nationwide help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Nationwide from various momentum indicators to cycle indicators. When you analyze Nationwide charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0411 | |||
| Market Risk Adjusted Performance | (3.61) | |||
| Mean Deviation | 0.4296 | |||
| Semi Deviation | 0.9589 | |||
| Downside Deviation | 1.42 | |||
| Coefficient Of Variation | 1600.13 | |||
| Standard Deviation | 0.8328 | |||
| Variance | 0.6935 | |||
| Information Ratio | (0.04) | |||
| Jensen Alpha | 0.043 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | (3.62) | |||
| Maximum Drawdown | 7.26 | |||
| Value At Risk | (0.70) | |||
| Potential Upside | 0.9217 | |||
| Downside Variance | 2.01 | |||
| Semi Variance | 0.9195 | |||
| Expected Short fall | (0.50) | |||
| Skewness | (3.89) | |||
| Kurtosis | 26.15 |
Nationwide Investor One Year Return
Based on the recorded statements, Nationwide Investor Destinations has an One Year Return of 9.0646%. This is 53.49% lower than that of the Nationwide family and significantly higher than that of the Allocation--50% to 70% Equity category. The one year return for all United States funds is notably lower than that of the firm.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.Check out Correlation Analysis to better understand how to build diversified portfolios. 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 population. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Other Consideration for investing in Nationwide Mutual Fund
If you are still planning to invest in Nationwide Investor check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Nationwide Investor's history and understand the potential risks before investing.
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