Nationwide Small Cap Fund Price on May 8, 3100
| GMRIX Fund | USD 13.38 0.07 0.52% |
Below is the normalized historical share price chart for Nationwide Small Cap extending back to June 29, 2001. 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 Small stands at 13.38, as last reported on the 14th of December 2024, with the highest price reaching 13.38 and the lowest price hitting 13.38 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 Small Cap has Sharpe Ratio of 0.0975, which conveys that the entity had a 0.0975% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Nationwide Small, which you can use to evaluate the volatility of the fund. Please verify Nationwide Small's Risk Adjusted Performance of 0.0972, downside deviation of 0.9765, and Mean Deviation of 0.8947 to check out if the risk estimate we provide is consistent with the expected return of 0.12%.
Nationwide Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Nationwide |
Sharpe Ratio = 0.0975
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| Cash | GMRIX | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.23 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Nationwide Small is performing at about 7% 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 Small by adding it to a well-diversified portfolio.
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.
About Nationwide Small Mutual Fund history
Nationwide Small 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 Small Cap 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 Small stock prices may prove useful in developing a viable investing in Nationwide Small
The fund employs a passive management, or indexing, approach, which seeks to match approximately the performance of the Russell 2000 Index before the deduction of fund expenses. It normally invests at least 80 percent of its net assets in a statistically selected sampling of equity securities of companies included in the Russell 2000 Index. The Russell 2000 Index is composed of approximately 2,000 common stocks of small-cap U.S. companies in a wide range of businesses.
Nationwide Small Mutual Fund Technical Analysis
Nationwide Small 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 Small Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
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Nationwide Small December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how Nationwide Small 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 Small shares will generate the highest return on investment. By undertsting and applying Nationwide Small mutual fund market strength indicators, traders can identify Nationwide Small Cap entry and exit signals to maximize returns
Nationwide Small Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nationwide Small'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 | 0.0972 | |||
| Jensen Alpha | 0.0153 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0614 | |||
| Treynor Ratio | 0.1004 |
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| Math Transform | ||
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| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Nationwide Mutual Fund
Nationwide Small 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 Small security.
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