Nationwide Mid Year To Date Return vs. Last Dividend Paid
| GMXAX Fund | USD 16.06 0.12 0.75% |
For Nationwide Mid profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Nationwide Mid to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Nationwide Mid Cap utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Nationwide Mid's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Nationwide Mid Cap over time as well as its relative position and ranking within its peers.
Nationwide |
Nationwide Mid Cap Last Dividend Paid vs. Year To Date Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Nationwide Mid's current stock value. Our valuation model uses many indicators to compare Nationwide Mid value to that of its competitors to determine the firm's financial worth. Nationwide Mid Cap is one of the top funds in year to date return among similar funds. It also is one of the top funds in last dividend paid among similar funds . The ratio of Year To Date Return to Last Dividend Paid for Nationwide Mid Cap is about 680.61 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Nationwide Mid's earnings, one of the primary drivers of an investment's value.Nationwide Last Dividend Paid vs. Year To Date Return
Year to Date Return (YTD) is the total return generated from holding a security from the beginning of the current fiscal year. In other words, YTD Return represents the capital appreciation of your investments from the start of the current fiscal year.
Nationwide Mid |
| = | 13.61 % |
Year-To-Date typically refers to a period starting from the beginning of the current year and continuing up to the present day. Investors should becareful when comparing YTD ratios if not much of the year has occurred as research shows that YTD measures are more sensitive to early periods than late.
Last Dividend Paid refers to dividend per share(DPS) paid to the shareholder the last time dividends were issued by a company. In its conventional sense, dividends refer to the distribution of some of a company's net earnings or capital gains decided by the board of directors.
Nationwide Mid |
| = | 0.02 |
Many stable companies today pay out dividends to their shareholders in the form of the income distribution, but high-growth firms rarely offer dividends because all of their earnings are reinvested back to the business.
Nationwide Last Dividend Paid Comparison
Nationwide Mid is currently under evaluation in last dividend paid among similar funds.
Nationwide Mid Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Nationwide Mid, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Nationwide Mid will eventually generate negative long term returns. The profitability progress is the general direction of Nationwide Mid's change in net profit over the period of time. It can combine multiple indicators of Nationwide Mid, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
The fund normally invests at least 80 percent of its net assets in equity securities of companies included in the SP MidCap 400 Index. The SP MidCap 400 Index includes approximately 400 stocks of mid-cap U.S. companies in a wide range of businesses. The adviser employs a passive management, or indexing, approach, which seeks to match approximately the performance of the SP MidCap 400 Index before the deduction of fund expenses.
Nationwide Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Nationwide Mid. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Nationwide Mid position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Nationwide Mid's important profitability drivers and their relationship over time.
Use Nationwide Mid in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Nationwide Mid position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Nationwide Mid will appreciate offsetting losses from the drop in the long position's value.Nationwide Mid Pair Trading
Nationwide Mid Cap Pair Trading Analysis
The ability to find closely correlated positions to Nationwide Mid could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nationwide Mid when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Nationwide Mid - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Nationwide Mid Cap to buy it.
The correlation of Nationwide Mid is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Nationwide Mid moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nationwide Mid Cap moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Nationwide Mid can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Nationwide Mid position
In addition to having Nationwide Mid in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Dividend Beast Thematic Idea Now
Dividend Beast
An experimental equal-weighted theme of equities with high dividend yield and solid fundamentals based on Macroaxis rating system. The Dividend Beast theme has 69 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Dividend Beast Theme or any other thematic opportunities.
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Other Information on Investing in Nationwide Mutual Fund
To fully project Nationwide Mid's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Nationwide Mid Cap at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Nationwide Mid's income statement, its balance sheet, and the statement of cash flows.
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