Nationwide Etf Price on April 14, 2023
| NTKI Etf | USD 20.61 0.00 0.00% |
If you're considering investing in Nationwide Etf, it is important to understand the factors that can impact its price. As of today, the current price of Nationwide stands at 20.61, as last reported on the 27th of December, with the highest price reaching 20.61 and the lowest price hitting 20.61 during the day. We have found twenty-four technical indicators for Nationwide, which you can use to evaluate the volatility of the etf. Please verify Nationwide's Downside Deviation of 0.6859, risk adjusted performance of 0.0739, and Mean Deviation of 0.4466 to check out if the risk estimate we provide is consistent with the expected return of 0.0%.
Nationwide Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Nationwide |
Sharpe Ratio = 0.0
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Based on monthly moving average Nationwide is not performing at its full potential. However, 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 by adding Nationwide to a well-diversified portfolio.
Nationwide Valuation on April 14, 2023
It is possible to determine the worth of Nationwide on a given historical date. On April 14, 2023 Nationwide was worth 20.09 at the beginning of the trading date compared to the closed value of 19.69. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nationwide etf. Still, in general, we apply an absolute valuation method to find Nationwide'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 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nationwide's related companies.
| Open | High | Low | Close | Volume | |
| 20.09 | 20.09 | 19.74 | 19.74 | 1.00 | |
04/14/2023 | 20.09 | 20.09 | 19.69 | 19.69 | 500.00 |
| 20.15 | 20.15 | 19.80 | 19.80 | 100.00 |
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Nationwide Trading Date Momentum on April 14, 2023
| On April 17 2023 Nationwide was traded for 19.80 at the closing time. The top price for the day was 20.15 and the lowest listed price was 19.80 . The trading volume for the day was 100.0. The trading history from April 17, 2023 was a factor to the next trading day price growth. The trading delta at closing time against the next closing price was 0.56% . The trading delta at closing time against the current closing price is 2.69% . |
Nationwide Fundamentals Correlations and Trends
By evaluating Nationwide'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'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 Etf history
Nationwide 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 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 stock prices may prove useful in developing a viable investing in Nationwide
The fund is an actively-managed exchange-traded fund that seeks to achieve its investment objective principally by investing in a portfolio of the stocks included in the Russell 2000 Index and an options collar on the Russell 2000. ETF Russell is traded on NYSEARCA Exchange in the United States.
Nationwide Etf Technical Analysis
Nationwide technical etf 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, etf market cycles, or different charting patterns.
Price Boundaries
Nationwide Period Price Range
Low | December 27, 2024
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0.00 | 0.00 |
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Nationwide December 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Nationwide etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nationwide shares will generate the highest return on investment. By undertsting and applying Nationwide etf market strength indicators, traders can identify Nationwide entry and exit signals to maximize returns
Nationwide Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nationwide's price direction in advance. Along with the technical and fundamental analysis of Nationwide Etf 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 | 0.0739 | |||
| Jensen Alpha | 0.0581 | |||
| Total Risk Alpha | 0.0171 | |||
| Sortino Ratio | 0.014 | |||
| Treynor Ratio | (0.44) |
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Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in industry. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
The market value of Nationwide is measured differently than its book value, which is the value of Nationwide that is recorded on the company's balance sheet. Investors also form their own opinion of Nationwide's value that differs from its market value or its book value, called intrinsic value, which is Nationwide's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nationwide's market value can be influenced by many factors that don't directly affect Nationwide's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nationwide's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nationwide is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nationwide's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.