Nationwide Global Equity Fund Price on April 14, 2023

GGEAX Fund  USD 21.39  0.02  0.09%   
Below is the normalized historical share price chart for Nationwide Global Equity extending back to November 19, 2012. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Nationwide Global stands at 21.39, as last reported on the 27th of December, with the highest price reaching 21.39 and the lowest price hitting 21.39 during the day.
 
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If you're considering investing in Nationwide Mutual Fund, it is important to understand the factors that can impact its price. Nationwide Global Equity has Sharpe Ratio of -0.0968, which conveys that the entity had a -0.0968% return per unit of risk over the last 3 months. Nationwide Global exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nationwide Global's Standard Deviation of 1.25, mean deviation of 0.7406, and Risk Adjusted Performance of (0.07) to check out the risk estimate we provide.
  
Nationwide Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0968

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Estimated Market Risk

 1.29
  actual daily
11
89% of assets are more volatile

Expected Return

 -0.12
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.1
  actual daily
0
Most of other assets perform better
Based on monthly moving average Nationwide Global is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Nationwide Global by adding Nationwide Global to a well-diversified portfolio.

Nationwide Global Main Headline on 14th of April 2023

Stifel Maintains Microsoft Buy Recommendation Nasdaq

Nationwide Global Valuation on April 14, 2023

It is possible to determine the worth of Nationwide Global on a given historical date. On April 14, 2023 Nationwide was worth 18.11 at the beginning of the trading date compared to the closed value of 18.11. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nationwide Global mutual fund. Still, in general, we apply an absolute valuation method to find Nationwide Global's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Nationwide Global where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nationwide Global's related companies.
 Open High Low Close Volume
  18.20    18.20    18.20    18.20    1.00  
04/14/2023
  18.11    18.11    18.11    18.11    1.00  
  18.15    18.15    18.15    18.15    1.00  
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Open Value
18.11
18.11
Closing Value
21.97
Upside

Nationwide Global Trading Date Momentum on April 14, 2023

On April 17 2023 Nationwide Global Equity was traded for  18.15  at the closing time. The highest daily price throughout the period was 18.15  and the lowest price was  18.15 . There was no trading activity during the period 1.0. Lack of trading volume on 04/17/2023 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.22% . The trading delta at closing time to current closing price is 0.39% .

Nationwide Global Equity Fundamentals Correlations and Trends

By evaluating Nationwide Global's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Nationwide Global's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nationwide financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Nationwide Global Mutual Fund history

Nationwide Global investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Nationwide is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nationwide Global Equity will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Nationwide Global stock prices may prove useful in developing a viable investing in Nationwide Global
The fund invests at least 80 percent of its net assets in equity securities. It may purchase stocks of U.S. and foreign companies of any size, including small-cap and mid-cap companies and which are located in either developed countries or emerging market countries. The fund invests its assets in investments that are tied economically to a number of countries throughout the world, including the United States.

Nationwide Global Mutual Fund Technical Analysis

Nationwide Global technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
A focus of Nationwide Global technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Nationwide Global trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Nationwide Global Period Price Range

Low
December 27, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Nationwide Global Equity cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Nationwide Global December 27, 2024 Market Strength

Market strength indicators help investors to evaluate how Nationwide Global mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nationwide Global shares will generate the highest return on investment. By undertsting and applying Nationwide Global mutual fund market strength indicators, traders can identify Nationwide Global Equity entry and exit signals to maximize returns

Nationwide Global Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Nationwide Global's price direction in advance. Along with the technical and fundamental analysis of Nationwide Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nationwide to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Other Information on Investing in Nationwide Mutual Fund

Nationwide Global 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 Global security.
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