Nationwide Bond Financials
GBIAX Fund | USD 9.44 0.02 0.21% |
Nationwide |
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Nationwide Bond Fund Summary
Nationwide Bond competes with Nationwide Investor, Nationwide Investor, Nationwide Investor, Nationwide Global, and Nationwide Global. The fund normally invests at least 80 percent of its net assets in a statistically selected sampling of bonds and other fixed-income securities that are included in or correlated with the Bloomberg Barclays U.S. Aggregate Bond Index. The index represents a wide spectrum of public, investment grade, fixed-income securities in the United States, including government, corporate, and international dollar-denominated bonds, as well as mortgage-backed securities.Specialization | Intermediate Core Bond, Large |
Instrument | USA Mutual Fund View All |
Exchange | NMFQS Exchange |
ISIN | US63867R8869 |
Business Address | Nationwide Mutual Funds |
Mutual Fund Family | Nationwide |
Mutual Fund Category | Intermediate Core Bond |
Benchmark | Dow Jones Industrial |
Phone | 800 848 0920 |
Currency | USD - US Dollar |
Nationwide Bond Key Financial Ratios
Nationwide Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Nationwide Bond's current stock value. Our valuation model uses many indicators to compare Nationwide Bond value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nationwide Bond competition to find correlations between indicators driving Nationwide Bond's intrinsic value. More Info.Nationwide Bond Index is one of the top funds in annual yield among similar funds. It also is one of the top funds in year to date return among similar funds creating about 96.76 of Year To Date Return per Annual Yield. 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 Bond's earnings, one of the primary drivers of an investment's value.Nationwide Bond Index Systematic Risk
Nationwide Bond's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Nationwide Bond volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Nationwide Bond Index correlated with the market. If Beta is less than 0 Nationwide Bond generally moves in the opposite direction as compared to the market. If Nationwide Bond Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Nationwide Bond Index is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Nationwide Bond is generally in the same direction as the market. If Beta > 1 Nationwide Bond moves generally in the same direction as, but more than the movement of the benchmark.
Nationwide Bond December 30, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Nationwide Bond help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Nationwide Bond Index. We use our internally-developed statistical techniques to arrive at the intrinsic value of Nationwide Bond Index based on widely used predictive technical indicators. In general, we focus on analyzing Nationwide Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Nationwide Bond's daily price indicators and compare them against related drivers.
Information Ratio | (0.29) | |||
Maximum Drawdown | 1.47 | |||
Value At Risk | (0.52) | |||
Potential Upside | 0.4154 |
Other Information on Investing in Nationwide Mutual Fund
Nationwide Bond 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 Bond security.
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