Nationwide Gqg Quality Fund Manager Performance Evaluation
| NWAYX Fund | USD 15.35 0.19 1.22% |
The fund secures a Beta (Market Risk) of -0.0789, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Nationwide Gqg are expected to decrease at a much lower rate. During the bear market, Nationwide Gqg is likely to outperform the market.
Risk-Adjusted Performance
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Very Weak
Over the last 90 days Nationwide Gqg Quality has generated negative risk-adjusted returns adding no value to fund investors. In spite of latest weak performance, the Fund's basic indicators remain strong and the current disturbance on Wall Street may also be a sign of long term gains for the fund investors.
...moreNationwide |
Nationwide Gqg Relative Risk vs. Return Landscape
If you would invest 1,715 in Nationwide Gqg Quality on September 30, 2024 and sell it today you would lose (180.00) from holding Nationwide Gqg Quality or give up 10.5% of portfolio value over 90 days. Nationwide Gqg Quality is currently producing negative expected returns and takes up 1.6938% volatility of returns over 90 trading days. Put another way, 15% of traded mutual funds are less volatile than Nationwide, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Nationwide Gqg Current Valuation
Overvalued
Today
Please note that Nationwide Gqg's price fluctuation is not too volatile at this time. At this time, the fund appears to be overvalued. Nationwide Gqg Quality secures a last-minute Real Value of $14.83 per share. The latest price of the fund is $15.35. We determine the value of Nationwide Gqg Quality from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will merge together.
Since Nationwide Gqg is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Nationwide Mutual Fund. However, Nationwide Gqg's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 15.35 | Real 14.83 | Hype 15.35 |
The intrinsic value of Nationwide Gqg's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Nationwide Gqg's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Nationwide Gqg Quality helps investors to forecast how Nationwide mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Nationwide Gqg more accurately as focusing exclusively on Nationwide Gqg's fundamentals will not take into account other important factors: Nationwide Gqg Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nationwide Gqg's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Nationwide Gqg Quality, and traders can use it to determine the average amount a Nationwide Gqg's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0933
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| Negative Returns | NWAYX |
Estimated Market Risk
| 1.69 actual daily | 15 85% of assets are more volatile |
Expected Return
| -0.16 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Nationwide Gqg 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 Gqg by adding Nationwide Gqg to a well-diversified portfolio.
Nationwide Gqg Fundamentals Growth
Nationwide Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Nationwide Gqg, and Nationwide Gqg fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Nationwide Mutual Fund performance.
| Total Asset | 78.43 M | ||||
About Nationwide Gqg Performance
Evaluating Nationwide Gqg's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Nationwide Gqg has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Nationwide Gqg has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Under normal circumstances, the fund invests at least 80 percent of its net assets in equity securities of U.S. issuers. Equity securities that the fund buys primarily are common stocks of large-cap companies, i.e., those with market capitalizations similar to those of companies included in the SP 500 Index. It may invest in equity securities of foreign companies in both developed and emerging markets. The fund is non-diversified.Things to note about Nationwide Gqg Quality performance evaluation
Checking the ongoing alerts about Nationwide Gqg for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Nationwide Gqg Quality help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Nationwide Gqg generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: Best Index Funds for 2024 - GOBankingRates | |
| The fund maintains 96.92% of its assets in stocks |
- Analyzing Nationwide Gqg's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Nationwide Gqg's stock is overvalued or undervalued compared to its peers.
- Examining Nationwide Gqg's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Nationwide Gqg's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nationwide Gqg's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Nationwide Gqg's mutual fund. These opinions can provide insight into Nationwide Gqg's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Nationwide Mutual Fund
Nationwide Gqg 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 Gqg security.
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| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities |