The fund secures Beta (Market Risk) of 0.4214 which conveys that as returns on market increase, Nationwide Bailard returns are expected to increase less than the market. However during bear market, the loss on holding Nationwide Bailard will be expected to be smaller as well. Even though it is essential to pay attention to Nationwide Bailard price patterns, it is always good to be careful when utilizing equity historical price patterns. Macroaxis philosophy towards estimating future performance of any fund is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Nationwide Bailard exposes twenty-one different technical indicators which can help you to evaluate its performance.
Risk-Adjusted Fund Performance
Risk-Adjusted Fund PerformanceOver the last 30 days Nationwide Bailard Emerging Mar has generated negative risk-adjusted returns adding no value to fund investors. Inspite fairly strong basic indicators, Nationwide Bailard is not utilizing all of its potentials. The current stock price disturbance, may contribute to short term losses for the investors.
|Fifty Two Week Low||7.16|
|Fifty Two Week High||9.73|
|Annual Report Expense Ratio||1.12%|
|Horizon||30 Days Login to change|
Nationwide Bailard Relative Risk vs. Return LandscapeIf you would invest 826.00 in Nationwide Bailard Emerging Mar on August 19, 2019 and sell it today you would lose (27.00) from holding Nationwide Bailard Emerging Mar or give up 3.27% of portfolio value over 30 days. Nationwide Bailard Emerging Mar is currently producing negative expected returns and takes up 0.8377% volatility of returns over 30 trading days. Put another way, 7% of traded equities are less volatile than the company and 99% of traded equity instruments are likely to generate higher returns over the next 30 trading days.
Daily Expected Return (%)
Nationwide Bailard Current Valuation
September 18, 2019
Nationwide Bailard is somewhat reliable asset. Nationwide Bailard secures last-minute Real Value of $7.99 per share. The latest price of the fund is $7.99. At this time the organization appears to be fairly valued. We determine the value of Nationwide Bailard from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend to purchase undervalued stocks and to get rid of overvalued stocks since at some point entities prices and their ongoing real values will merge together.
Nationwide Bailard Market Risk Analysis
Sharpe Ratio = -0.0588
Nationwide Bailard Relative Performance Indicators
Estimated Market Risk