Best Stock to Buy Now Amazon vs. Home Depot
| MUIGX Fund | USD 16.73 0.11 0.66% |
Slightly above 52% of Nationwide Growth's investor base is interested to short. The analysis of overall sentiment of trading Nationwide Growth Fund mutual fund suggests that many investors are impartial at this time. Nationwide Growth's investing sentiment can be driven by a variety of factors including economic data, Nationwide Growth's earnings reports, geopolitical events, and overall market trends.
NATIONWIDE |
E-commerce leader Amazon trounced the market in 2024, with its share price climbing 45 percent compared to the SP 500s 24 percent gains . Meanwhile, Home Depots shares struggled, gaining just 12.4 percent for the year amid a slowdown in DIY home improvement spending. Both of these consumer goods companies are leaders in their respective markets and, while their current share price gains dont compare, either could be great long-term investments.
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Nationwide Growth Fundamental Analysis
We analyze Nationwide Growth's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nationwide Growth using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nationwide Growth based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Annual Yield
Annual Yield Comparative Analysis
Yield generally refers to the amount of cash that is paid back to the owner of a security over a specific time (usually one year). It is expressed as a percentage of current market price, and usually amounts to all the interests and/or dividends paid over a given period. A higher yield allows the shareholders to generate returns on their investments sooner. However, investors should also be aware that a high yield may be a result of market turmoil or increased price volatility.
Nationwide Growth Potential Pair-trading
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 Growth mutual fund to make a market-neutral strategy. Peer analysis of Nationwide Growth could also be used in its relative valuation, which is a method of valuing Nationwide Growth by comparing valuation metrics with similar companies.
Peers
Nationwide Growth Related Equities
| TEPIX | Technology Ultrasector | 3.41 | ||||
| BSTSX | Blackrock Science | 2.35 | ||||
| PGKAX | Pgim Jennison | 2.17 | ||||
| ICTEX | Icon Information | 1.78 | ||||
| RAGTX | Allianzgi Technology | 1.75 | ||||
| ROGSX | Red Oak | 1.38 |
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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