Nationwide Growth Valuation
NMFAX Fund | USD 15.64 0.10 0.64% |
At this time, the fund appears to be fairly valued. Nationwide Growth secures a last-minute Real Value of $15.45 per share. The latest price of the fund is $15.64. We determine the value of Nationwide Growth 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.
Fairly Valued
Today
Please note that Nationwide Growth's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Nationwide Growth secures a last-minute Real Value of $15.45 per share. The latest price of the fund is $15.64. We determine the value of Nationwide Growth 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 Growth is currently traded on the exchange, buyers and sellers on that exchange determine the market value of NATIONWIDE Mutual Fund. However, Nationwide Growth'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 15.64 | Real 15.45 | Hype 15.64 |
The intrinsic value of Nationwide Growth'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 Growth'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 Growth Fund 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 Growth more accurately as focusing exclusively on Nationwide Growth's fundamentals will not take into account other important factors: Nationwide Growth Total Value Analysis
Nationwide Growth Fund is now forecasted to have takeover price of 0 with market capitalization of 0, debt of , and cash on hands of . Please note that takeover price may be misleading and is a subject to mistakes in financial statements. We encourage investors to thoroughly investigate all of the Nationwide Growth fundamentals before making investing decisions based on enterprise value of the companyNationwide Growth Asset Utilization
The concept of asset utilization usually refers to the revenue earned for every dollar of assets a company currently reports. The current return on assets of NATIONWIDE suggests not a very effective usage of assets in December.About Nationwide Growth Valuation
Our relative valuation model uses a comparative analysis of Nationwide Growth. We calculate exposure to Nationwide Growth's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Nationwide Growth's related companies.The fund seeks to provide investors with long-term growth of capital by outperforming the SP 500 Index over a full market cycle while maintaining a similar level of market risk as the index. Equity securities that the fund buys primarily are common stocks of companies that are included in the SP 500 Index. Under normal circumstances, it invests at least 80 percent of its net assets in securities of U.S. issuers or derivatives the value of which are linked to securities of U.S. issuers.
Other Information on Investing in NATIONWIDE Mutual Fund
Nationwide Growth 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 Growth security.
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