Nationwide Fund6 Annual Yield vs. One Year Return
| NWABX Fund | USD 31.09 0.06 0.19% |
For Nationwide Fund6 profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Nationwide Fund6 to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Nationwide Fund6 utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Nationwide Fund6's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Nationwide Fund6 over time as well as its relative position and ranking within its peers.
Nationwide |
Nationwide Fund6 One Year Return vs. Annual Yield Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Nationwide Fund6's current stock value. Our valuation model uses many indicators to compare Nationwide Fund6 value to that of its competitors to determine the firm's financial worth. Nationwide Fund6 is regarded second largest fund in annual yield among similar funds. It is number one fund in one year return among similar funds reporting about 5,915 of One Year Return per Annual Yield. 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 Fund6's earnings, one of the primary drivers of an investment's value.Nationwide One Year Return vs. Annual Yield
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 Fund6 |
| = | 0 % |
Small firms, start-ups, or companies with high growth potential typically do not pay out dividends or distribute a lot of their profits. These companies will have small yield. Alternatively, more established companies, ETFs, and funds that invest in bonds will have higher yields.
One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
Nationwide Fund6 |
| = | 25.43 % |
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
Nationwide One Year Return Comparison
Nationwide Fund6 is currently under evaluation in one year return among similar funds.
Nationwide Fund6 Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Nationwide Fund6, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Nationwide Fund6 will eventually generate negative long term returns. The profitability progress is the general direction of Nationwide Fund6's change in net profit over the period of time. It can combine multiple indicators of Nationwide Fund6, 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 invests in a diversified portfolio of common stocks to produce an overall blended equity portfolio consisting of various types of stocks that the subadviser believes offer the potential for capital growth andor dividend income. Most of the stocks in which the fund invests are issued by large-capitalization companies. The subadviser employs a bottom-up approach to selecting securities, emphasizing those that the advisor believes to represent above-average potential for total return, based on fundamental research and analysis.
Nationwide Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Nationwide Fund6. 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 Fund6 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 Fund6's important profitability drivers and their relationship over time.
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Our tools can tell you how much better you can do entering a position in Nationwide Fund6 without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Use Investing Themes to Complement your Nationwide Fund6 position
In addition to having Nationwide Fund6 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?
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Steel Works Etc
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Steel Works Etc theme has 53 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 Steel Works Etc Theme or any other thematic opportunities.
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Other Information on Investing in Nationwide Mutual Fund
To fully project Nationwide Fund6's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Nationwide Fund6 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 Fund6's income statement, its balance sheet, and the statement of cash flows.
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