Nationwide Fund Financial Statements From 2010 to 2024
| NWFAX Fund | USD 36.13 0.02 0.06% |
Check Nationwide Fund financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nationwide Fund's main balance sheet or income statement drivers, such as , as well as many indicators such as . Nationwide financial statements analysis is a perfect complement when working with Nationwide Fund Valuation or Volatility modules.
Nationwide |
Nationwide Fund Class Mutual Fund Price To Earning Analysis
Nationwide Fund's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current Nationwide Fund Price To Earning | 2.42 X |
Most of Nationwide Fund's fundamental indicators, such as Price To Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Nationwide Fund Class is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
| Competition |
Based on the latest financial disclosure, Nationwide Fund Class has a Price To Earning of 2.42 times. This is much higher than that of the Nationwide family and significantly higher than that of the Large Blend category. The price to earning for all United States funds is notably lower than that of the firm.
Nationwide Fund Class Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Nationwide Fund's current stock value. Our valuation model uses many indicators to compare Nationwide Fund value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nationwide Fund competition to find correlations between indicators driving Nationwide Fund's intrinsic value. More Info.Nationwide Fund Class is number one fund in price to earning among similar funds. It also is number one fund in price to book among similar funds fabricating about 1.12 of Price To Book per Price To Earning. 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 Fund's earnings, one of the primary drivers of an investment's value.About Nationwide Fund Financial Statements
Nationwide Fund investors use historical fundamental indicators, such as Nationwide Fund's revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Nationwide Fund. Please read more on our technical analysis and fundamental analysis pages.
The fund invests in a diversified portfolio of common stocks to produce an overall blended equity portfolio consisting of various types of stocks that the subadviser believes offer the potential for capital growth andor dividend income. Most of the stocks in which the fund invests are issued by large-capitalization companies. The subadviser employs a bottom-up approach to selecting securities, emphasizing those that the advisor believes to represent above-average potential for total return, based on fundamental research and analysis.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Nationwide Mutual Fund
Nationwide Fund financial ratios help investors to determine whether Nationwide Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Nationwide with respect to the benefits of owning Nationwide Fund security.
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