Nationwide Bailard Manager Performance Evaluation

NWWCX -- USA Fund  

USD 7.99  0.01  0.12%

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.
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Risk-Adjusted Fund Performance

Over 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 Low7.16
Fifty Two Week High9.73
Annual Report Expense Ratio1.12%
Horizon     30 Days    Login   to change

Nationwide Bailard Relative Risk vs. Return Landscape

If 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 (%) 
      Risk (%) 
Assuming 30 trading days horizon, Nationwide Bailard is expected to under-perform the market. But the company apears to be less risky and when comparing its historical volatility, the company is 1.08 times less risky than the market. the firm trades about -0.06 of its potential returns per unit of risk. The DOW is currently generating roughly 0.03 of returns per unit of risk over similar time horizon.

Nationwide Bailard Current Valuation

Fairly Valued
September 18, 2019
7.99
Market Value
7.99
Real Value
10.51
Upside
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
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Nationwide Bailard Relative Performance Indicators

Estimated Market Risk
 0.84
  actual daily
 
 7 %
of total potential
 
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Expected Return
 -0.05
  actual daily
 
 0 %
of total potential
 
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Risk-Adjusted Return
 -0.06
  actual daily
 
 0 %
of total potential
 
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Based on monthly moving average Nationwide Bailard is performing at about 0% 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 Bailard by adding it to a well-diversified portfolio.

Nationwide Bailard Alerts

Equity Alerts and Improvement Suggestions

Nationwide Bailard generates negative expected return over the last 30 days
Latest headline from enherald.com: Goldman Sachs Group Has Raised By 11.33 Million Its Boyd Gaming Stake Nortech Systems Has 0.67 Sentiment - The EN Herald
The fund maintains 98.07% of its assets in stocks
Please see also Stocks Correlation. Please also try Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
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