Nationwide International Cash Position Weight vs. Five Year Return
| GIIRX Fund | USD 8.81 0.01 0.11% |
For Nationwide International profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Nationwide International to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Nationwide International Index utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Nationwide International's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Nationwide International Index over time as well as its relative position and ranking within its peers.
Nationwide |
Nationwide International Five Year Return vs. Cash Position Weight Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Nationwide International's current stock value. Our valuation model uses many indicators to compare Nationwide International value to that of its competitors to determine the firm's financial worth. Nationwide International Index is rated # 4 fund in cash position weight among similar funds. It is rated # 3 fund in five year return among similar funds reporting about 11.52 of Five Year Return per Cash Position Weight. Comparative valuation analysis is a catch-all model that can be used if you cannot value Nationwide International by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Nationwide International's Mutual Fund. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Nationwide International's earnings, one of the primary drivers of an investment's value.Nationwide Five Year Return vs. Cash Position Weight
Percentage of fund asset invested in cash equivalents or risk-free instruments. About 40% of all global funds carry cash on their balance sheet.
Nationwide International |
| = | 0.46 % |
Funds or ETFs that have over 40% of their value invested in low-risk instruments or cash equivalents typically attract conservative investors.
Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.
Nationwide International |
| = | 5.30 % |
Although Five Year Returns can give a sense of overall investment potential, it is recommended to compare equity performance with similar assets for the same five year time interval. Similarly, comparing overall investment performance over the last five years with the appropriate market index is a great way to determine how this equity instrument will perform during unforeseen market fluctuations.
Nationwide Five Year Return Comparison
Nationwide International is currently under evaluation in five year return among similar funds.
Nationwide International Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Nationwide International, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Nationwide International will eventually generate negative long term returns. The profitability progress is the general direction of Nationwide International's change in net profit over the period of time. It can combine multiple indicators of Nationwide International, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
The fund employs a passive management, or indexing, approach, which seeks to match approximately the performance of the MSCI EAFE Index before the deduction of fund expenses. It normally invests at least 80 percent of its net assets in a statistically selected sampling of equity securities of companies included in the MSCI EAFE Index. The MSCI EAFE Index includes securities of large- and mid-cap companies located in Europe, Australia and Asia .
Nationwide Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Nationwide International. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Nationwide International position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Nationwide International's important profitability drivers and their relationship over time.
Use Nationwide International in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Nationwide International position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Nationwide International will appreciate offsetting losses from the drop in the long position's value.Nationwide International Pair Trading
Nationwide International Index Pair Trading Analysis
The ability to find closely correlated positions to Nationwide International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nationwide International when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Nationwide International - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Nationwide International Index to buy it.
The correlation of Nationwide International is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Nationwide International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nationwide International moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Nationwide International can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Nationwide International position
In addition to having Nationwide International in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Recreation Thematic Idea Now
Recreation
Companies involved in production and services of recreational goods, foods, and accessories. The Recreation theme has 37 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Recreation Theme or any other thematic opportunities.
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Check out Risk vs Return Analysis. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
To fully project Nationwide International's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Nationwide International at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Nationwide International's income statement, its balance sheet, and the statement of cash flows.