Nationwide Mutual Fund Technical Analysis

NWCPX -  USA Fund  

USD 10.51  0.04  0.38%

As of the 30th of November, Nationwide Core secures the mean deviation of 0.136, and Risk Adjusted Performance of (0.11). In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Nationwide Core Plus, 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 were able to interpolate data for nineteen technical drivers for Nationwide Core, which can be compared to its peers in the industry. Please verify Nationwide Core Plus information ratio and downside variance to decide if Nationwide Core Plus is priced some-what accurately, providing market reflects its recent price of 10.51 per share.

Nationwide Technical Analysis 

 
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Nationwide Core 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 Core technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Nationwide Core 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 Core Plus Technical Analysis

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The output start index for this execution was one with a total number of output elements of sixty. The True Range is a measure of Nationwide Core Plus volatility developed by Welles Wilder. View also all equity analysis or get more info about true range volatility indicators indicator.

Nationwide Core Plus Trend Analysis

Use this graph to draw trend lines for Nationwide Core Plus. You can use it to identify possible trend reversals for Nationwide Core 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 Core price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Nationwide Core Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Nationwide Core Plus applied against its price change over selected period. The best fit line has a slop of   -0.0028  , which may suggest that Nationwide Core Plus market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.3, which is the sum of squared deviations for the predicted Nationwide Core price change compared to its average price change.

About Nationwide Core 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 Core Plus 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 Core Plus based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Nationwide Core Plus stock first instead of the macroeconomic environment surrounding Nationwide Core Plus. By analyzing Nationwide Core'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 Core'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 Core specific price patterns or momentum indicators. Please read more on our technical analysis page.

Nationwide Core November 30, 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 Core Plus One Year Return

Based on the recorded statements, Nationwide Core Plus has an One Year Return of 7.6%. This is 61.01% lower than that of the Nationwide family and significantly higher than that of the Intermediate Core-Plus Bond 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 Core November 30, 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.
Additionally, see Stocks Correlation. Note that the Nationwide Core Plus information on this page should be used as a complementary analysis to other Nationwide Core'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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

Complementary Tools for Nationwide Mutual Fund analysis

When running Nationwide Core Plus price analysis, check to measure Nationwide Core'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 Core is operating at the current time. Most of Nationwide Core's value examination focuses on studying past and present price action to predict the probability of Nationwide Core's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Nationwide Core's price. Additionally, you may evaluate how the addition of Nationwide Core to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Nationwide Core's value and its price as these two are different measures arrived at by different means. Investors typically determine Nationwide Core value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nationwide Core'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.