Nationwide Fund6 Valuation

NWABX Fund  USD 35.24  0.35  1.00%   
At this time, the fund appears to be undervalued. Nationwide Fund6 secures a last-minute Real Value of $37.86 per share. The latest price of the fund is $35.24. We determine the value of Nationwide Fund6 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.
Undervalued
Today
35.24
Please note that Nationwide Fund6's price fluctuation is very steady at this time. At this time, the fund appears to be undervalued. Nationwide Fund6 secures a last-minute Real Value of $37.86 per share. The latest price of the fund is $35.24. We determine the value of Nationwide Fund6 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 Fund6 is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Nationwide Mutual Fund. However, Nationwide Fund6'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  35.24 Real  37.86 Hype  35.03
The intrinsic value of Nationwide Fund6'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 Fund6'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.
37.86
Real Value
38.56
Upside
Estimating the potential upside or downside of Nationwide Fund6 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 Fund6 more accurately as focusing exclusively on Nationwide Fund6's fundamentals will not take into account other important factors:
Hype
Prediction
LowEstimatedHigh
34.3335.0335.73
Details

Nationwide Fund6 Total Value Analysis

Nationwide Fund6 is now forecasted to have takeover price of 1.03 B with market capitalization of 1.03 B, 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 Fund6 fundamentals before making investing decisions based on enterprise value of the company

Nationwide Fund6 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 Fund6 Valuation

Our relative valuation model uses a comparative analysis of Nationwide Fund6. We calculate exposure to Nationwide Fund6's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Nationwide Fund6's related companies.
The fund invests in a diversified portfolio of common stocks to produce an overall blended equity portfolio consisting of various types of stocks that the subadviser believes offer the potential for capital growth andor dividend income. Most of the stocks in which the fund invests are issued by large-capitalization companies. The subadviser employs a bottom-up approach to selecting securities, emphasizing those that the advisor believes to represent above-average potential for total return, based on fundamental research and analysis.

Other Information on Investing in Nationwide Mutual Fund

Nationwide Fund6 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 Fund6 security.
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