Nationwide Destination 2055 Fund Price on September 20, 2024
| NTDSX Fund | USD 15.77 0.10 0.63% |
Below is the normalized historical share price chart for Nationwide Destination 2055 extending back to December 27, 2010. 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 Destination stands at 15.77, as last reported on the 11th of December 2024, with the highest price reaching 15.77 and the lowest price hitting 15.77 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 Destination has Sharpe Ratio of 0.15, which conveys that the entity had a 0.15% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Nationwide Destination, which you can use to evaluate the volatility of the fund. Please verify Nationwide Destination's Downside Deviation of 0.5423, risk adjusted performance of 0.1278, and Mean Deviation of 0.4494 to check out if the risk estimate we provide is consistent with the expected return of 0.0854%.
Nationwide Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Nationwide |
Sharpe Ratio = 0.1473
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Estimated Market Risk
| 0.58 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Nationwide Destination is performing at about 11% 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 Destination by adding it to a well-diversified portfolio.
Nationwide Destination Valuation on September 20, 2024
It is possible to determine the worth of Nationwide Destination on a given historical date. On September 20, 2024 Nationwide was worth 15.29 at the beginning of the trading date compared to the closed value of 15.29. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nationwide Destination mutual fund. Still, in general, we apply an absolute valuation method to find Nationwide Destination'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 Destination where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nationwide Destination's related companies.
| Open | High | Low | Close | Volume | |
| 15.35 | 15.35 | 15.35 | 15.35 | 1.00 | |
09/20/2024 | 15.29 | 15.29 | 15.29 | 15.29 | 1.00 |
| 15.32 | 15.32 | 15.32 | 15.32 | 1.00 |
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Nationwide Destination Trading Date Momentum on September 20, 2024
| On September 23 2024 Nationwide Destination 2055 was traded for 15.32 at the closing time. The highest daily price throughout the period was 15.32 and the lowest price was 15.32 . There was no trading activity during the period 1.0. Lack of trading volume on 09/23/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.20% . The trading delta at closing time to current closing price is 1.11% . |
Nationwide Destination Fundamentals Correlations and Trends
By evaluating Nationwide Destination'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 Destination'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 Destination Mutual Fund history
Nationwide Destination 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 Destination 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 Destination stock prices may prove useful in developing a viable investing in Nationwide Destination
The fund is a fund of funds that invests primarily in affiliated mutual funds representing a variety of asset classes. It invests in a professionally selected mix of different asset classes that is tailored for investors planning to retire in, or close to, the year 2055. The fund allocated approximately 66 percent of its net assets in U.S. stocks , approximately 25 percent in international stocks, and approximately 9 percent to bonds.
Nationwide Destination Mutual Fund Technical Analysis
Nationwide Destination 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 Destination Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Nationwide Destination 2055 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 Destination December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Nationwide Destination 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 Destination shares will generate the highest return on investment. By undertsting and applying Nationwide Destination mutual fund market strength indicators, traders can identify Nationwide Destination 2055 entry and exit signals to maximize returns
Nationwide Destination Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nationwide Destination'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 | 0.1278 | |||
| Jensen Alpha | 0.0206 | |||
| Total Risk Alpha | 0.0027 | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.1465 |
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Other Information on Investing in Nationwide Mutual Fund
Nationwide Destination 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 Destination security.
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation |