Nationwide Gqg Quality Fund Price on August 27, 4024
| NWAYX Fund | USD 17.83 0.17 0.94% |
If you're considering investing in Nationwide Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Nationwide Gqg stands at 17.83, as last reported on the 12th of December 2024, with the highest price reaching 17.83 and the lowest price hitting 17.83 during the day. At this stage we consider Nationwide Mutual Fund to be very steady. Nationwide Gqg Quality has Sharpe Ratio of 0.0853, which conveys that the entity had a 0.0853% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Nationwide Gqg, which you can use to evaluate the volatility of the fund. Please verify Nationwide Gqg's Downside Deviation of 0.6407, mean deviation of 0.5172, and Risk Adjusted Performance of 0.0998 to check out if the risk estimate we provide is consistent with the expected return of 0.0575%.
Nationwide Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Nationwide |
Sharpe Ratio = 0.0853
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Estimated Market Risk
| 0.67 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average Nationwide Gqg is performing at about 6% 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 Gqg 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 Gqg Mutual Fund history
Nationwide Gqg 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 Gqg Quality 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 Gqg stock prices may prove useful in developing a viable investing in Nationwide Gqg
Under normal circumstances, the fund invests at least 80 percent of its net assets in equity securities of U.S. issuers. Equity securities that the fund buys primarily are common stocks of large-cap companies, i.e., those with market capitalizations similar to those of companies included in the SP 500 Index. It may invest in equity securities of foreign companies in both developed and emerging markets. The fund is non-diversified.
Nationwide Gqg Mutual Fund Technical Analysis
Nationwide Gqg 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 Gqg Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Nationwide Gqg Quality 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 Gqg December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Nationwide Gqg 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 Gqg shares will generate the highest return on investment. By undertsting and applying Nationwide Gqg mutual fund market strength indicators, traders can identify Nationwide Gqg Quality entry and exit signals to maximize returns
Nationwide Gqg Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nationwide Gqg'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 | 0.0998 | |||
| Jensen Alpha | 0.0587 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.378 |
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| Volume Indicators |
Other Information on Investing in Nationwide Mutual Fund
Nationwide Gqg 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 Gqg security.
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