Nationwide Growth Fund Price on May 30, 2023
| NGISX Fund | USD 17.41 0.06 0.34% |
Below is the normalized historical share price chart for Nationwide Growth Fund extending back to December 01, 2011. 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 Growth stands at 17.41, as last reported on the 11th of December 2024, with the highest price reaching 17.41 and the lowest price hitting 17.41 during the day.
If you're considering investing in Nationwide Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Nationwide Mutual Fund to be out of control. Nationwide Growth has Sharpe Ratio of 0.17, which conveys that the entity had a 0.17% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Nationwide Growth, which you can use to evaluate the volatility of the fund. Please verify Nationwide Growth's Mean Deviation of 0.4846, downside deviation of 0.6697, and Risk Adjusted Performance of 0.1514 to check out if the risk estimate we provide is consistent with the expected return of 0.11%.
Nationwide Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Nationwide |
Sharpe Ratio = 0.1683
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Estimated Market Risk
| 0.66 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Nationwide Growth is performing at about 13% of its full potential. 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 Growth by adding it to a well-diversified portfolio.
Nationwide Growth Valuation on May 30, 2023
It is possible to determine the worth of Nationwide Growth on a given historical date. On May 30, 2023 Nationwide was worth 12.19 at the beginning of the trading date compared to the closed value of 12.19. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nationwide Growth mutual fund. Still, in general, we apply an absolute valuation method to find Nationwide Growth'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 Growth where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nationwide Growth's related companies.
| Open | High | Low | Close | Volume | |
| 12.19 | 12.19 | 12.19 | 12.19 | 1.00 | |
05/30/2023 | 12.19 | 12.19 | 12.19 | 12.19 | 1.00 |
| 12.12 | 12.12 | 12.12 | 12.12 | 1.00 |
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Nationwide Growth Trading Date Momentum on May 30, 2023
| On May 31 2023 Nationwide Growth Fund was traded for 12.12 at the closing time. The highest daily price throughout the period was 12.12 and the lowest price was 12.12 . There was no trading activity during the period 1.0. Lack of trading volume on 05/31/2023 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.57% . The trading delta at closing time to current closing price is 2.13% . |
Nationwide Growth Fundamentals Correlations and Trends
By evaluating Nationwide Growth'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 Growth'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 Growth Mutual Fund history
Nationwide Growth 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 Growth 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 Growth stock prices may prove useful in developing a viable investing in Nationwide Growth
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.
Nationwide Growth Mutual Fund Technical Analysis
Nationwide Growth 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.
Price Boundaries
Nationwide Growth Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Nationwide Growth Fund 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 Growth December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Nationwide Growth 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 Growth shares will generate the highest return on investment. By undertsting and applying Nationwide Growth mutual fund market strength indicators, traders can identify Nationwide Growth Fund entry and exit signals to maximize returns
Nationwide Growth Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nationwide Growth'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.
| Risk Adjusted Performance | 0.1514 | |||
| Jensen Alpha | 0.0447 | |||
| Total Risk Alpha | 0.0246 | |||
| Sortino Ratio | 0.0213 | |||
| Treynor Ratio | 0.1754 |
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Other Information on Investing in Nationwide Mutual Fund
Nationwide Growth 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 Growth security.
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| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators |