Nationwide All Year To Date Return vs. One Year Return
| NWZNX Fund | USD 20.18 0.08 0.40% |
For Nationwide All profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Nationwide All to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Nationwide All Cap utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Nationwide All's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Nationwide All Cap over time as well as its relative position and ranking within its peers.
Nationwide |
Nationwide All Cap One Year Return vs. Year To Date Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Nationwide All's current stock value. Our valuation model uses many indicators to compare Nationwide All value to that of its competitors to determine the firm's financial worth. Nationwide All Cap is number one fund in year to date return among similar funds. It also is number one fund in one year return among similar funds reporting about 38.91 of One Year Return per Year To Date Return. 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 All's earnings, one of the primary drivers of an investment's value.Nationwide One Year Return 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 All |
| = | 0.94 % |
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.
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 All |
| = | 36.50 % |
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 All is currently under evaluation in one year return among similar funds.
Nationwide All Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Nationwide All, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Nationwide All will eventually generate negative long term returns. The profitability progress is the general direction of Nationwide All's change in net profit over the period of time. It can combine multiple indicators of Nationwide All, 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.
Under normal circumstances, the fund will invest in equity securities, primarily common stocks, issued by companies of any size. It normally will invest across a wide range of sectors and industries, using a growth style of equity management that emphasizes companies with sustainable competitive advantages versus others, long-term structural growth drivers that the subadviser believes will lead to above-average future cash flow growth, attractive cash flow returns on invested capital, and management teams focused on creating long-term value for shareholders.
Nationwide Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Nationwide All. 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 All 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 All's important profitability drivers and their relationship over time.
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| Year To Date Return vs Equity Positions Weight |
Use Nationwide All 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 All 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 All will appreciate offsetting losses from the drop in the long position's value.Nationwide All Pair Trading
Nationwide All Cap Pair Trading Analysis
The ability to find closely correlated positions to Nationwide All 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 All 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 All - 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 All Cap to buy it.
The correlation of Nationwide All 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 All moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nationwide All 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 All 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 All position
In addition to having Nationwide All 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 Measuring and Control Equipment Thematic Idea Now
Measuring and Control Equipment
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Measuring and Control Equipment theme has 61 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 Measuring and Control Equipment Theme or any other thematic opportunities.
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Other Information on Investing in Nationwide Mutual Fund
To fully project Nationwide All's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Nationwide All 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 All's income statement, its balance sheet, and the statement of cash flows.
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