Nationwide E Plus Fund Manager Performance Evaluation
| NWCPX Fund | USD 8.89 0.14 1.55% |
The fund secures a Beta (Market Risk) of 0.0943, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Nationwide's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nationwide is expected to be smaller as well.
Risk-Adjusted Performance
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Very Weak
Over the last 90 days Nationwide E Plus has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong basic indicators, Nationwide is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio Date | 28th of February 2023 | |
| Expense Ratio | 0.8300 |
Nationwide |
Nationwide Relative Risk vs. Return Landscape
If you would invest 923.00 in Nationwide E Plus on September 12, 2024 and sell it today you would lose (34.00) from holding Nationwide E Plus or give up 3.68% of portfolio value over 90 days. Nationwide E Plus is currently producing negative expected returns and takes up 0.3621% volatility of returns over 90 trading days. Put another way, 3% 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 Current Valuation
Fairly Valued
Today
Please note that Nationwide's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Nationwide E Plus secures a last-minute Real Value of $8.85 per share. The latest price of the fund is $8.89. We determine the value of Nationwide E Plus 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 is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Nationwide Mutual Fund. However, Nationwide'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 8.89 | Real 8.85 | Hype 8.89 | Naive 8.92 |
The intrinsic value of Nationwide'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'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 E Plus 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 more accurately as focusing exclusively on Nationwide's fundamentals will not take into account other important factors: Nationwide Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nationwide's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Nationwide E Plus, and traders can use it to determine the average amount a Nationwide'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 = -0.1627
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | NWCPX |
Estimated Market Risk
| 0.36 actual daily | 3 97% of assets are more volatile |
Expected Return
| -0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.16 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Nationwide 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 by adding Nationwide to a well-diversified portfolio.
Nationwide Fundamentals Growth
Nationwide Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Nationwide, and Nationwide 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.
| Total Asset | 11.55 M | |||
About Nationwide Performance
Evaluating Nationwide's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Nationwide 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 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 invests at least 80 percent of its net assets in fixed-income securities. Securities in which it invests may pay interest on either a fixed-rate or variable-rate basis. The funds portfolio can be expected to have an average effective duration ranging between three and eight years, although its sub-adviser may lengthen or shorten the funds portfolio duration outside this range depending on its evaluation of market conditions.Things to note about Nationwide E Plus performance evaluation
Checking the ongoing alerts about Nationwide for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Nationwide E Plus help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Nationwide E Plus generated a negative expected return over the last 90 days | |
| The fund generated three year return of -1.0% | |
| Nationwide E Plus maintains about 92.14% of its assets in bonds |
- Analyzing Nationwide'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's stock is overvalued or undervalued compared to its peers.
- Examining Nationwide'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's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nationwide's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Nationwide's mutual fund. These opinions can provide insight into Nationwide's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Nationwide Mutual Fund
Nationwide 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 security.
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