Nationwide Etf Forecast - Daily Balance Of Power
| NTKI Etf | USD 20.61 0.00 0.00% |
Nationwide Etf Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Nationwide's historical fundamentals, such as revenue growth or operating cash flow patterns.
Nationwide |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| (1.00) | 1.0 |
| Check Nationwide Volatility | Backtest Nationwide | Trend Details |
Nationwide Trading Date Momentum
| On July 07 2023 Nationwide was traded for 20.20 at the closing time. The top price for the day was 20.29 and the lowest listed price was 20.20 . The trading volume for the day was 800. The trading history from July 7, 2023 was a factor to the next trading day price growth. The trading delta at closing time against the next closing price was 0.55% . The trading delta at closing time against the current closing price is 1.74% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Nationwide Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Nationwide etf to make a market-neutral strategy. Peer analysis of Nationwide could also be used in its relative valuation, which is a method of valuing Nationwide by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Nationwide Market Strength Events
Market strength indicators help investors to evaluate how Nationwide etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nationwide shares will generate the highest return on investment. By undertsting and applying Nationwide etf market strength indicators, traders can identify Nationwide entry and exit signals to maximize returns.
Nationwide Risk Indicators
The analysis of Nationwide's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Nationwide's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting nationwide etf prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 0.4466 | |||
| Semi Deviation | 0.5401 | |||
| Standard Deviation | 0.6574 | |||
| Variance | 0.4321 | |||
| Downside Variance | 0.4704 | |||
| Semi Variance | 0.2917 | |||
| Expected Short fall | (0.50) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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When determining whether Nationwide is a strong investment it is important to analyze Nationwide's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Nationwide's future performance. For an informed investment choice regarding Nationwide Etf, refer to the following important reports:Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in industry. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
The market value of Nationwide is measured differently than its book value, which is the value of Nationwide that is recorded on the company's balance sheet. Investors also form their own opinion of Nationwide's value that differs from its market value or its book value, called intrinsic value, which is Nationwide's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nationwide's market value can be influenced by many factors that don't directly affect Nationwide's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nationwide's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nationwide is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nationwide's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.