Nationwide Investor Destinations Fund Price on October 16, 2024
| GMARX Fund | USD 10.34 0.02 0.19% |
Below is the normalized historical share price chart for Nationwide Investor Destinations extending back to October 06, 2003. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Nationwide Investor stands at 10.34, as last reported on the 4th of December, with the highest price reaching 10.34 and the lowest price hitting 10.34 during the day.
If you're considering investing in Nationwide Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Nationwide Mutual Fund to be very steady. Nationwide Investor has Sharpe Ratio of 0.19, which conveys that the entity had a 0.19% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Nationwide Investor, which you can use to evaluate the volatility of the fund. Please verify Nationwide Investor's Mean Deviation of 0.4324, risk adjusted performance of 0.0949, and Downside Deviation of 0.6245 to check out if the risk estimate we provide is consistent with the expected return of 0.1%.
Nationwide Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Nationwide |
Sharpe Ratio = 0.1879
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Estimated Market Risk
| 0.54 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 14 86% of assets perform better |
Based on monthly moving average Nationwide Investor is performing at about 14% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Nationwide Investor by adding it to a well-diversified portfolio.
Nationwide Investor Valuation on October 16, 2024
It is possible to determine the worth of Nationwide Investor on a given historical date. On October 16, 2024 Nationwide was worth 10.11 at the beginning of the trading date compared to the closed value of 10.11. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nationwide Investor mutual fund. Still, in general, we apply an absolute valuation method to find Nationwide Investor's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Nationwide Investor where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nationwide Investor's related companies.
| Open | High | Low | Close | Volume | |
| 10.07 | 10.07 | 10.07 | 10.07 | 1.00 | |
10/16/2024 | 10.11 | 10.11 | 10.11 | 10.11 | 1.00 |
| 10.10 | 10.10 | 10.10 | 10.10 | 1.00 |
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Nationwide Investor Trading Date Momentum on October 16, 2024
| On October 17 2024 Nationwide Investor Destinations was traded for 10.10 at the closing time. The highest daily price throughout the period was 10.10 and the lowest price was 10.10 . There was no trading activity during the period 1.0. Lack of trading volume on 10/17/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.10% . The trading delta at closing time to current closing price is 0.99% . |
Nationwide Investor Fundamentals Correlations and Trends
By evaluating Nationwide Investor's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Nationwide Investor's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nationwide financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Nationwide Investor Mutual Fund history
Nationwide Investor investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Nationwide is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nationwide Investor will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Nationwide Investor stock prices may prove useful in developing a viable investing in Nationwide Investor
The fund is a fund of funds that invests primarily in affiliated mutual funds representing a variety of asset classes. Through investments in the underlying funds, the fund invests a significant portion of its assets in equity securities, such as common stocks of U.S. and international companies, including smaller companies, and a smaller portion in bonds.
Nationwide Investor Mutual Fund Technical Analysis
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, fund market cycles, or different charting patterns.
Price Boundaries
Nationwide Investor Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
Nationwide Investor Destinations cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Nationwide Investor December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Nationwide Investor mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nationwide Investor shares will generate the highest return on investment. By undertsting and applying Nationwide Investor mutual fund market strength indicators, traders can identify Nationwide Investor Destinations entry and exit signals to maximize returns
Nationwide Investor Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nationwide Investor's price direction in advance. Along with the technical and fundamental analysis of Nationwide Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nationwide to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0949 | |||
| Jensen Alpha | 0.0592 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 1.47 |
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Other Information on Investing in Nationwide Mutual Fund
Nationwide Investor 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 Investor security.
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Fundamental Analysis View fundamental data based on most recent published financial statements |