Nationwide Highmark Financials
| NWGPX Fund | USD 32.51 0.21 0.64% |
Nationwide |
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Nationwide Highmark Fund Summary
Nationwide Highmark competes with Nationwide Investor, Nationwide Investor, Nationwide Investor, Nationwide Global, and Nationwide Global. The fund invests primarily in stocks of U.S. small-cap companies that the subadviser believes have improving earnings growth potential and attractive valuation. Under normal circumstances, it will invest at least 80 percent of its net assets in equity securities of small-cap companies whose capitalization is within the range of the market capitalization of the companies in the Russell 2000 Index. The fund may invest up to 20 percent of its net assets in foreign securities.Specialization | Small Blend, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | Nationwide Mutual Funds |
| Mutual Fund Family | Nationwide |
| Mutual Fund Category | Small Blend |
| Benchmark | Dow Jones Industrial |
| Phone | 800 848 0920 |
| Currency | USD - US Dollar |
Nationwide Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Nationwide Highmark's current stock value. Our valuation model uses many indicators to compare Nationwide Highmark value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nationwide Highmark competition to find correlations between indicators driving Nationwide Highmark's intrinsic value. More Info.Nationwide Highmark Small 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 0.09 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Nationwide Highmark Small is roughly 10.77 . 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 Highmark's earnings, one of the primary drivers of an investment's value.Nationwide Highmark Small Systematic Risk
Nationwide Highmark's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Nationwide Highmark volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty with a total number of output elements of thirty-one. The Beta measures systematic risk based on how returns on Nationwide Highmark Small correlated with the market. If Beta is less than 0 Nationwide Highmark generally moves in the opposite direction as compared to the market. If Nationwide Highmark Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Nationwide Highmark Small is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Nationwide Highmark is generally in the same direction as the market. If Beta > 1 Nationwide Highmark moves generally in the same direction as, but more than the movement of the benchmark.
Nationwide Highmark December 14, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Nationwide Highmark help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Nationwide Highmark Small. We use our internally-developed statistical techniques to arrive at the intrinsic value of Nationwide Highmark Small based on widely used predictive technical indicators. In general, we focus on analyzing Nationwide Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Nationwide Highmark's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.9349 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 4.92 | |||
| Value At Risk | (1.35) | |||
| Potential Upside | 1.81 |
Other Information on Investing in Nationwide Mutual Fund
Nationwide Highmark 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 Highmark security.
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