Nationwide Small Cap Fund Manager Performance Evaluation
| GMSRX Fund | USD 11.91 0.57 5.03% |
The fund secures a Beta (Market Risk) of 0.17, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Nationwide Small's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nationwide Small is expected to be smaller as well.
Risk-Adjusted Performance
1 of 100
Weak | Strong |
Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Nationwide Small Cap are ranked lower than 1 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, Nationwide Small is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio | 1.0100 |
Nationwide |
Nationwide Small Relative Risk vs. Return Landscape
If you would invest 1,184 in Nationwide Small Cap on September 21, 2024 and sell it today you would earn a total of 7.00 from holding Nationwide Small Cap or generate 0.59% return on investment over 90 days. Nationwide Small Cap is currently producing 0.0215% returns and takes up 1.5836% volatility of returns over 90 trading days. Put another way, 14% of traded mutual funds are less volatile than Nationwide, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Nationwide Small Current Valuation
Fairly Valued
Today
Please note that Nationwide Small's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Nationwide Small Cap secures a last-minute Real Value of $12.02 per share. The latest price of the fund is $11.91. We determine the value of Nationwide Small Cap from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will merge together.
Since Nationwide Small is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Nationwide Mutual Fund. However, Nationwide Small's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 11.91 | Real 12.02 | Hype 11.91 | Naive 11.71 |
The intrinsic value of Nationwide Small's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Nationwide Small's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Nationwide Small Cap helps investors to forecast how Nationwide mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Nationwide Small more accurately as focusing exclusively on Nationwide Small's fundamentals will not take into account other important factors: Nationwide Small Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nationwide Small's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Nationwide Small Cap, and traders can use it to determine the average amount a Nationwide Small's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0136
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | GMSRX |
Estimated Market Risk
| 1.58 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 1 99% of assets perform better |
Based on monthly moving average Nationwide Small is performing at about 1% 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 Small by adding it to a well-diversified portfolio.
Nationwide Small Fundamentals Growth
Nationwide Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Nationwide Small, and Nationwide Small fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Nationwide Mutual Fund performance.
| Price To Earning | 19.26 X | ||||
| Price To Book | 1.76 X | ||||
| Price To Sales | 1.04 X | ||||
| Total Asset | 204.6 M | ||||
About Nationwide Small Performance
Evaluating Nationwide Small's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Nationwide Small has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Nationwide Small has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The fund employs a passive management, or indexing, approach, which seeks to match approximately the performance of the Russell 2000 Index before the deduction of fund expenses. It normally invests at least 80 percent of its net assets in a statistically selected sampling of equity securities of companies included in the Russell 2000 Index. The Russell 2000 Index is composed of approximately 2,000 common stocks of small-cap U.S. companies in a wide range of businesses.Things to note about Nationwide Small Cap performance evaluation
Checking the ongoing alerts about Nationwide Small for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Nationwide Small Cap help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund retains 100.07% of its assets under management (AUM) in equities |
- Analyzing Nationwide Small's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Nationwide Small's stock is overvalued or undervalued compared to its peers.
- Examining Nationwide Small's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Nationwide Small's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nationwide Small's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Nationwide Small's mutual fund. These opinions can provide insight into Nationwide Small's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Nationwide Mutual Fund
Nationwide Small 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 Small security.
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation |