Nationwide Small Cap Fund Price on April 12, 2023

GMRAX Fund  USD 11.86  0.11  0.94%   
Below is the normalized historical share price chart for Nationwide Small Cap extending back to June 29, 2001. 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 Small stands at 11.86, as last reported on the 25th of December, with the highest price reaching 11.86 and the lowest price hitting 11.86 during the day.
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Nationwide Mutual Fund, it is important to understand the factors that can impact its price. Nationwide Small Cap has Sharpe Ratio of -0.0153, which conveys that the entity had a -0.0153% return per unit of risk over the last 3 months. Nationwide Small exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nationwide Small's Standard Deviation of 1.44, risk adjusted performance of (0.01), and Mean Deviation of 0.97 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 = -0.0153

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsGMRAX

Estimated Market Risk

 1.47
  actual daily
13
87% of assets are more volatile

Expected Return

 -0.02
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.02
  actual daily
0
Most of other assets perform better
Based on monthly moving average Nationwide Small 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 Small by adding Nationwide Small to a well-diversified portfolio.

Nationwide Small Main Headline on 12th of April 2023

Piper Sandler Maintains Goosehead Insurance Overweight ... Nasdaq

Nationwide Small Valuation on April 12, 2023

It is possible to determine the worth of Nationwide Small on a given historical date. On April 12, 2023 Nationwide was worth 9.61 at the beginning of the trading date compared to the closed value of 9.61. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nationwide Small mutual fund. Still, in general, we apply an absolute valuation method to find Nationwide Small'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 Small where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nationwide Small's related companies.
 Open High Low Close Volume
  9.68    9.68    9.68    9.68    1.00  
04/12/2023
  9.61    9.61    9.61    9.61    1.00  
  9.74    9.74    9.74    9.74    1.00  
Backtest Nationwide Small  |  Nationwide Small History  |  Nationwide Small Valuation   PreviousNext  
Open Value
9.61
9.61
Closing Value
14.02
Upside

Nationwide Small Trading Date Momentum on April 12, 2023

On April 13 2023 Nationwide Small Cap was traded for  9.74  at the closing time. The highest daily price throughout the period was 9.74  and the lowest price was  9.74 . There was no trading activity during the period 1.0. Lack of trading volume on 04/13/2023 added to the next day price jump. The overall trading delta to closing price of the next trading day was 1.35% . The trading delta at closing time to current closing price is 0.83% .

Nationwide Small Cap Fundamentals Correlations and Trends

By evaluating Nationwide Small'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 Small'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 Small Mutual Fund history

Nationwide Small 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 Small Cap 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 Small stock prices may prove useful in developing a viable investing in Nationwide Small
The fund employs a passive management, or indexing, approach, which seeks to match approximately the performance of the Russell 2000 Index before the deduction of fund expenses. It normally invests at least 80 percent of its net assets in a statistically selected sampling of equity securities of companies included in the Russell 2000 Index. The Russell 2000 Index is composed of approximately 2,000 common stocks of small-cap U.S. companies in a wide range of businesses.

Nationwide Small Mutual Fund Technical Analysis

Nationwide Small 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 Small technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Nationwide Small 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 Small Period Price Range

Low
December 25, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Nationwide Small Cap 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 Small December 25, 2024 Market Strength

Market strength indicators help investors to evaluate how Nationwide Small 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 Small shares will generate the highest return on investment. By undertsting and applying Nationwide Small mutual fund market strength indicators, traders can identify Nationwide Small Cap entry and exit signals to maximize returns

Nationwide Small Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Nationwide Small'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 Small 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 Small security.
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments