Nationwide Bond Fund Price on November 29, 2024
| NWIBX Fund | USD 8.26 0.03 0.36% |
Below is the normalized historical share price chart for Nationwide Bond Fund extending back to December 06, 2012. 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 Bond stands at 8.26, as last reported on the 12th of December 2024, with the highest price reaching 8.26 and the lowest price hitting 8.26 during the day.
If you're considering investing in Nationwide Mutual Fund, it is important to understand the factors that can impact its price. Nationwide Bond has Sharpe Ratio of -0.11, which conveys that the entity had a -0.11% return per unit of risk over the last 3 months. Nationwide Bond exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nationwide Bond's Standard Deviation of 0.3112, mean deviation of 0.227, and Risk Adjusted Performance of (0.08) to check out the risk estimate we provide.
Nationwide Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Nationwide |
Sharpe Ratio = -0.1131
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Estimated Market Risk
| 0.31 actual daily | 2 98% of assets are more volatile |
Expected Return
| -0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Nationwide Bond 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 Bond by adding Nationwide Bond to a well-diversified portfolio.
Nationwide Bond Valuation on November 29, 2024
It is possible to determine the worth of Nationwide Bond on a given historical date. On November 29, 2024 Nationwide was worth 8.25 at the beginning of the trading date compared to the closed value of 8.25. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nationwide Bond mutual fund. Still, in general, we apply an absolute valuation method to find Nationwide Bond'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 Bond where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nationwide Bond's related companies.
| Open | High | Low | Close | Volume | |
| 8.23 | 8.23 | 8.23 | 8.23 | 1.00 | |
11/29/2024 | 8.25 | 8.25 | 8.25 | 8.25 | 1.00 |
| 8.25 | 8.25 | 8.25 | 8.25 | 1.00 |
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Nationwide Bond Trading Date Momentum on November 29, 2024
| On December 02 2024 Nationwide Bond Fund was traded for 8.25 at the closing time. The highest daily price throughout the period was 8.25 and the lowest price was 8.25 . There was no trading activity during the period 1.0. Lack of trading volume on 12/02/2024 did not cause price change. The trading delta at closing time to current closing price is 0.12% . |
Nationwide Bond Fundamentals Correlations and Trends
By evaluating Nationwide Bond'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 Bond'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 Bond Mutual Fund history
Nationwide Bond 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 Bond 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 Bond stock prices may prove useful in developing a viable investing in Nationwide Bond
The fund normally invests at least 80 percent of its net assets in a wide variety of investment grade fixed-income securities, such as corporate bonds, U.S. government securities, mortgage-backed securities, asset-backed securities and commercial paper. It may invest in high-yield bonds, as well as foreign government and corporate bonds that are denominated in U.S. dollars. The subadviser typically maintains an average portfolio duration that is up to one year greater than or less than the average portfolio duration of the Bloomberg U.S. Aggregate Bond Index.
Nationwide Bond Mutual Fund Technical Analysis
Nationwide Bond 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 Bond Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Nationwide Bond Fund 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 Bond December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Nationwide Bond 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 Bond shares will generate the highest return on investment. By undertsting and applying Nationwide Bond mutual fund market strength indicators, traders can identify Nationwide Bond Fund entry and exit signals to maximize returns
Nationwide Bond Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nationwide Bond'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 | (0.08) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.09) | |||
| Treynor Ratio | (0.51) |
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| Volume Indicators |
Other Information on Investing in Nationwide Mutual Fund
Nationwide Bond 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 Bond security.
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