Nationwide Growth Financials
| NMFAX Fund | USD 15.64 0.10 0.64% |
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 Growth Fund Summary
Nationwide Growth competes with Nationwide Mid, Nationwide Small, Nationwide International, Nationwide Fund, and Nationwide Bond. 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.Specialization | Large Blend, Large Blend |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | Nationwide Mutual Funds |
| Mutual Fund Family | Nationwide |
| Mutual Fund Category | Large Blend |
| Benchmark | Dow Jones Industrial |
| Phone | 800 848 0920 |
| Currency | USD - US Dollar |
Nationwide Growth Key Financial Ratios
NATIONWIDE Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Nationwide Growth's current stock value. Our valuation model uses many indicators to compare Nationwide Growth value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nationwide Growth competition to find correlations between indicators driving Nationwide Growth's intrinsic value. More Info.Nationwide Growth Fund is number one fund in price to earning among similar funds. It also is number one fund in price to book among similar funds fabricating about 0.21 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Nationwide Growth Fund is roughly 4.81 . 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 Growth's earnings, one of the primary drivers of an investment's value.Nationwide Growth Systematic Risk
Nationwide Growth's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Nationwide Growth 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 output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Nationwide Growth correlated with the market. If Beta is less than 0 Nationwide Growth generally moves in the opposite direction as compared to the market. If Nationwide Growth Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Nationwide Growth is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Nationwide Growth is generally in the same direction as the market. If Beta > 1 Nationwide Growth moves generally in the same direction as, but more than the movement of the benchmark.
Nationwide Growth Thematic Clasifications
Nationwide Growth Fund is part of Large Growth Funds investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Funds with large capitalization growth equities. Funds or Etfs that invest in stocks of large-sized companies with above-average risk and growth rate
This theme covers Funds with large capitalization growth equities. Funds or Etfs that invest in stocks of large-sized companies with above-average risk and growth rate. Get More Thematic Ideas
Nationwide Growth Fund is number one fund in net asset among similar funds. Total Asset Under Management (AUM) of Large Blend category is currently estimated at about 5.81 Billion. Nationwide Growth totals roughly 1.2 Billion in net asset claiming about 21% of funds under Large Blend category.| Large Growth Funds | View |
Nationwide Growth December 1, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Nationwide Growth help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Nationwide Growth Fund. We use our internally-developed statistical techniques to arrive at the intrinsic value of Nationwide Growth Fund 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 Growth's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.8033 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 3.64 | |||
| Value At Risk | (1.30) | |||
| Potential Upside | 1.13 |
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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