Nationwide Highmark Bond Fund Price on November 5, 2024
| NWJGX Fund | USD 9.31 0.02 0.21% |
Below is the normalized historical share price chart for Nationwide Highmark Bond extending back to September 16, 2013. 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 Highmark stands at 9.31, as last reported on the 12th of December 2024, with the highest price reaching 9.31 and the lowest price hitting 9.31 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 Highmark Bond has Sharpe Ratio of -0.12, which conveys that the entity had a -0.12% return per unit of risk over the last 3 months. Nationwide Highmark exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nationwide Highmark's Mean Deviation of 0.2325, standard deviation of 0.3068, and Risk Adjusted Performance of (0.07) 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 = -0.118
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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
| -0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Nationwide Highmark 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 Highmark by adding Nationwide Highmark to a well-diversified portfolio.
Nationwide Highmark Valuation on November 5, 2024
It is possible to determine the worth of Nationwide Highmark on a given historical date. On November 5, 2024 Nationwide was worth 9.28 at the beginning of the trading date compared to the closed value of 9.28. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nationwide Highmark mutual fund. Still, in general, we apply an absolute valuation method to find Nationwide Highmark'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 Highmark where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nationwide Highmark's related companies.
| Open | High | Low | Close | Volume | |
| 9.27 | 9.27 | 9.27 | 9.27 | 1.00 | |
11/05/2024 | 9.28 | 9.28 | 9.28 | 9.28 | 1.00 |
| 9.21 | 9.21 | 9.21 | 9.21 | 1.00 |
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Nationwide Highmark Trading Date Momentum on November 5, 2024
| On November 06 2024 Nationwide Highmark Bond was traded for 9.21 at the closing time. The highest daily price throughout the period was 9.21 and the lowest price was 9.21 . There was no trading activity during the period 1.0. Lack of trading volume on 11/06/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.75% . The trading delta at closing time to current closing price is 0.75% . |
Nationwide Highmark Bond Fundamentals Correlations and Trends
By evaluating Nationwide Highmark'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 Highmark'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 Highmark Mutual Fund history
Nationwide Highmark 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 Highmark 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 Highmark stock prices may prove useful in developing a viable investing in Nationwide Highmark
The fund invests primarily in bonds which include U.S. government securities corporate bonds issued by U.S. or foreign companies that are investment grade investment grade fixed-income securities backed by the interest and principal payments of various types of mortgages, known as mortgage-backed securities and investment grade fixed-income securities backed by the interest and principal payments on loans for other types of assets.
Nationwide Highmark Mutual Fund Technical Analysis
Nationwide Highmark 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 Highmark Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Nationwide Highmark Bond 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 Highmark December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Nationwide Highmark 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 Highmark shares will generate the highest return on investment. By undertsting and applying Nationwide Highmark mutual fund market strength indicators, traders can identify Nationwide Highmark Bond entry and exit signals to maximize returns
Nationwide Highmark Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nationwide Highmark'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 | (0.07) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | (0.47) |
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Other Information on Investing in Nationwide Mutual Fund
Nationwide Highmark 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 Highmark security.
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