Nationwide Highmark Financials

NWGPX Fund  USD 32.87  0.22  0.67%   
Financial data analysis helps to check out if markets are presently mispricing Nationwide Highmark Small. We were able to interpolate data for fifteen available fundamentals for Nationwide Highmark, which can be compared to its peers in the industry. The fund experiences a moderate upward volatility. Check odds of Nationwide Highmark to be traded at $36.16 in 90 days.
  
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 Highmark Fund Summary

Nationwide Highmark competes with Janus Venture, Hartford Midcap, Morningstar Unconstrained, and Thrivent High. The fund invests primarily in stocks of U.S. small-cap companies that the subadviser believes have improving earnings growth potential and attractive valuation. Under normal circumstances, it will invest at least 80 percent of its net assets in equity securities of small-cap companies whose capitalization is within the range of the market capitalization of the companies in the Russell 2000 Index. The fund may invest up to 20 percent of its net assets in foreign securities.
Specialization
Small Blend, Large
InstrumentUSA Mutual Fund View All
ExchangeNMFQS Exchange
Business AddressNationwide Mutual Funds
Mutual Fund FamilyNationwide
Mutual Fund CategorySmall Blend
BenchmarkDow Jones Industrial
Phone800 848 0920
CurrencyUSD - US Dollar

Nationwide Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Nationwide Highmark's current stock value. Our valuation model uses many indicators to compare Nationwide Highmark value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nationwide Highmark competition to find correlations between indicators driving Nationwide Highmark's intrinsic value. More Info.
Nationwide Highmark Small is rated below average in price to earning among similar funds. It is rated below average in price to book among similar funds fabricating about  0.09  of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Nationwide Highmark Small is roughly  10.77 . 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 Highmark's earnings, one of the primary drivers of an investment's value.

Nationwide Highmark Small Systematic Risk

Nationwide Highmark's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Nationwide Highmark 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 fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Nationwide Highmark Small correlated with the market. If Beta is less than 0 Nationwide Highmark generally moves in the opposite direction as compared to the market. If Nationwide Highmark Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Nationwide Highmark Small is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Nationwide Highmark is generally in the same direction as the market. If Beta > 1 Nationwide Highmark moves generally in the same direction as, but more than the movement of the benchmark.
Nationwide Highmark Small is rated below average in net asset among similar funds. Total Asset Under Management (AUM) of Small Blend category is currently estimated at about 28.46 Billion. Nationwide Highmark maintains roughly 201 Million in net asset contributing less than 1% to funds listed under Small Blend category.

Nationwide Highmark December 4, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Nationwide Highmark help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Nationwide Highmark Small. We use our internally-developed statistical techniques to arrive at the intrinsic value of Nationwide Highmark Small 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 Highmark's daily price indicators and compare them against related drivers.

Other Information on Investing in Nationwide Mutual Fund

Nationwide Highmark 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 Highmark security.
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