Nationwide Gqg Quality Fund Price on December 4, 2024
| 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 0.14, which conveys that the entity had a 0.14% 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 Mean Deviation of 0.5172, risk adjusted performance of 0.0998, and Downside Deviation of 0.6407 to check out if the risk estimate we provide is consistent with the expected return of 0.11%.
Nationwide Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Nationwide |
Sharpe Ratio = 0.1385
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Estimated Market Risk
| 0.78 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Nationwide Gqg is performing at about 10% 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.
Nationwide Gqg Valuation on December 4, 2024
It is possible to determine the worth of Nationwide Gqg on a given historical date. On December 4, 2024 Nationwide was worth 18.33 at the beginning of the trading date compared to the closed value of 18.33. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nationwide Gqg mutual fund. Still, in general, we apply an absolute valuation method to find Nationwide Gqg'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 Gqg where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nationwide Gqg's related companies.
| Open | High | Low | Close | Volume | |
| 18.26 | 18.26 | 18.26 | 18.26 | 1.00 | |
12/04/2024 | 18.33 | 18.33 | 18.33 | 18.33 | 1.00 |
| 18.36 | 18.36 | 18.36 | 18.36 | 1.00 |
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Nationwide Gqg Trading Date Momentum on December 4, 2024
| On December 05 2024 Nationwide Gqg Quality was traded for 18.36 at the closing time. The highest daily price throughout the period was 18.36 and the lowest price was 18.36 . There was no trading activity during the period 1.0. Lack of trading volume on 12/05/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.16% . The trading delta at closing time to current closing price is 2.73% . |
Nationwide Gqg Quality Fundamentals Correlations and Trends
By evaluating Nationwide Gqg'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 Gqg'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 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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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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