Nationwide Allianzgi Cash Position Weight vs. Annual Yield
| NWAHX Fund | USD 20.30 0.11 0.54% |
For Nationwide Allianzgi profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Nationwide Allianzgi to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Nationwide Allianzgi International utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Nationwide Allianzgi's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Nationwide Allianzgi International over time as well as its relative position and ranking within its peers.
Nationwide |
Nationwide Allianzgi Annual Yield vs. Cash Position Weight Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Nationwide Allianzgi's current stock value. Our valuation model uses many indicators to compare Nationwide Allianzgi value to that of its competitors to determine the firm's financial worth. Nationwide Allianzgi International is number one fund in cash position weight among similar funds. It also is number one fund in annual yield among similar funds fabricating about 0.01 of Annual Yield per Cash Position Weight. The ratio of Cash Position Weight to Annual Yield for Nationwide Allianzgi International is roughly 71.20 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Nationwide Allianzgi's earnings, one of the primary drivers of an investment's value.Nationwide Annual Yield vs. Cash Position Weight
Percentage of fund asset invested in cash equivalents or risk-free instruments. About 40% of all global funds carry cash on their balance sheet.
Nationwide Allianzgi |
| = | 3.09 % |
Funds or ETFs that have over 40% of their value invested in low-risk instruments or cash equivalents typically attract conservative investors.
Yield generally refers to the amount of cash that is paid back to the owner of a security over a specific time (usually one year). It is expressed as a percentage of current market price, and usually amounts to all the interests and/or dividends paid over a given period. A higher yield allows the shareholders to generate returns on their investments sooner. However, investors should also be aware that a high yield may be a result of market turmoil or increased price volatility.
Nationwide Allianzgi |
| = | 0.04 % |
Small firms, start-ups, or companies with high growth potential typically do not pay out dividends or distribute a lot of their profits. These companies will have small yield. Alternatively, more established companies, ETFs, and funds that invest in bonds will have higher yields.
Nationwide Annual Yield Comparison
Nationwide Allianzgi is currently under evaluation in annual yield among similar funds.
Nationwide Allianzgi Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Nationwide Allianzgi, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Nationwide Allianzgi will eventually generate negative long term returns. The profitability progress is the general direction of Nationwide Allianzgi's change in net profit over the period of time. It can combine multiple indicators of Nationwide Allianzgi, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
The fund seeks to achieve its investment objective by creating a diversified portfolio of non-U.S. equity securities. It normally invests in securities of issuers from several different countries, excluding the United States. Although the fund typically invests 80 percent or more of its assets in issuers that are economically tied to countries outside the United States, it also may invest up to 20 percent of its net assets in U.S. issuers, and it may, invest all or substantially all of its assets in a single country.
Nationwide Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Nationwide Allianzgi. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Nationwide Allianzgi position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Nationwide Allianzgi's important profitability drivers and their relationship over time.
Use Nationwide Allianzgi in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Nationwide Allianzgi position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Nationwide Allianzgi will appreciate offsetting losses from the drop in the long position's value.Nationwide Allianzgi Pair Trading
Nationwide Allianzgi International Pair Trading Analysis
The ability to find closely correlated positions to Nationwide Allianzgi could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nationwide Allianzgi when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Nationwide Allianzgi - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Nationwide Allianzgi International to buy it.
The correlation of Nationwide Allianzgi is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Nationwide Allianzgi moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nationwide Allianzgi moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Nationwide Allianzgi can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Nationwide Allianzgi position
In addition to having Nationwide Allianzgi in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Hedge Favorites Thematic Idea Now
Hedge Favorites
Hedge Funds pool capital from accredited individuals or institutional investors and invest in a variety of assets, often with complex portfolio-construction and risk-management techniques. The Hedge Favorites theme has 37 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Hedge Favorites Theme or any other thematic opportunities.
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Other Information on Investing in Nationwide Mutual Fund
To fully project Nationwide Allianzgi's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Nationwide Allianzgi at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Nationwide Allianzgi's income statement, its balance sheet, and the statement of cash flows.
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