Nationwide Bny Financials
| NWAEX Fund | USD 16.57 0.19 1.13% |
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 Bny Fund Summary
Nationwide Bny 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 | 800 373 9387 |
| Currency | USD - US Dollar |
Nationwide Bny Key Financial Ratios
Nationwide Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Nationwide Bny's current stock value. Our valuation model uses many indicators to compare Nationwide Bny value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nationwide Bny competition to find correlations between indicators driving Nationwide Bny's intrinsic value. More Info.Nationwide Bny Mellon is number one fund in annual yield among similar funds. It also is number one fund in year to date return among similar funds creating about 2,057 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 Bny's earnings, one of the primary drivers of an investment's value.Nationwide Bny Mellon Systematic Risk
Nationwide Bny's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Nationwide Bny 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 Bny Mellon correlated with the market. If Beta is less than 0 Nationwide Bny generally moves in the opposite direction as compared to the market. If Nationwide Bny Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Nationwide Bny Mellon is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Nationwide Bny is generally in the same direction as the market. If Beta > 1 Nationwide Bny moves generally in the same direction as, but more than the movement of the benchmark.
Nationwide Bny December 28, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Nationwide Bny help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Nationwide Bny Mellon. We use our internally-developed statistical techniques to arrive at the intrinsic value of Nationwide Bny Mellon 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 Bny's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.08 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 6.06 | |||
| Value At Risk | (1.28) | |||
| Potential Upside | 1.09 |
Other Information on Investing in Nationwide Mutual Fund
Nationwide Bny 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 Bny security.
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Commodity Directory Find actively traded commodities issued by global exchanges |