Nationwide Mutual Fund Technical Analysis

GIMCX -  USA Fund  

USD 11.13  0.04  0.36%

As of the 18th of September 2021, Nationwide Investor secures the Mean Deviation of 0.1235, coefficient of variation of 525.52, and Risk Adjusted Performance of 0.098. Nationwide Investor Destinations technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the fund's future prices. 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 were able to break down eighteen technical drivers for Nationwide Investor, which can be compared to its peers in the industry. Please verify Nationwide Investor information ratio, potential upside, as well as the relationship between the Potential Upside and kurtosis to decide if Nationwide Investor Destinations is priced some-what accurately, providing market reflects its recent price of 11.13 per share.

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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, stock market cycles, or different charting patterns.
A focus of Nationwide Investor technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Nationwide Investor trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Nationwide Investor Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Nationwide Investor volatility. High ATR values indicate high volatility, and low values indicate low volatility. View also all equity analysis or get more info about average true range volatility indicators indicator.

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   0.002846  , which means Nationwide Investor Destinations will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.31, 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 stock 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 September 18, 2021 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.

Nationwide Investor One Year Return

Based on the recorded statements, Nationwide Investor Destinations has an One Year Return of 6.01%. This is 69.16% lower than that of the Nationwide family and significantly higher than that of the Allocation--15% to 30% 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.

Nationwide Investor September 18, 2021 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Nationwide stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Please check Risk vs Return Analysis. Note that the Nationwide Investor information on this page should be used as a complementary analysis to other Nationwide Investor's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

Complementary Tools for Nationwide Mutual Fund analysis

When running Nationwide Investor price analysis, check to measure Nationwide Investor's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nationwide Investor is operating at the current time. Most of Nationwide Investor's value examination focuses on studying past and present price action to predict the probability of Nationwide Investor's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Nationwide Investor's price. Additionally, you may evaluate how the addition of Nationwide Investor to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Nationwide Investor's value and its price as these two are different measures arrived at by different means. Investors typically determine Nationwide Investor value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nationwide Investor's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.