Nationwide Small Pany Fund Technical Analysis
NWSIX Fund | USD 10.67 0.39 3.01% |
As of the 26th of April, Nationwide Small secures the Mean Deviation of 1.09, standard deviation of 1.32, and Risk Adjusted Performance of (0.05). In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Nationwide Small Pany, as well as the relationship between them. Strictly speaking, you can use this information to find out if the fund will indeed mirror its model of past prices, or the prices will eventually revert. We were able to collect and analyze data for thirteen technical drivers for Nationwide Small, which can be compared to its peers in the industry. Please verify Nationwide Small Pany risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and kurtosis to decide if Nationwide Small Pany is priced some-what accurately, providing market reflects its recent price of 12.2 per share.
Nationwide Small Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Nationwide, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NationwideNationwide |
Nationwide Small technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Nationwide Small Pany Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Nationwide Small Pany volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Nationwide Small Pany Trend Analysis
Use this graph to draw trend lines for Nationwide Small Pany. You can use it to identify possible trend reversals for Nationwide Small as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Nationwide Small price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Nationwide Small Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Nationwide Small Pany applied against its price change over selected period. The best fit line has a slop of 0.02 , which may suggest that Nationwide Small Pany market price will keep on failing further. It has 122 observation points and a regression sum of squares at 10.23, which is the sum of squared deviations for the predicted Nationwide Small price change compared to its average price change.About Nationwide Small Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Nationwide Small Pany on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Nationwide Small Pany based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Nationwide Small Pany price pattern first instead of the macroeconomic environment surrounding Nationwide Small Pany. By analyzing Nationwide Small's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Nationwide Small's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Nationwide Small specific price patterns or momentum indicators. Please read more on our technical analysis page.
Nationwide Small April 26, 2024 Technical Indicators
Most technical analysis of Nationwide help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Nationwide from various momentum indicators to cycle indicators. When you analyze Nationwide charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | (0.05) | |||
Market Risk Adjusted Performance | (0.07) | |||
Mean Deviation | 1.09 | |||
Coefficient Of Variation | (1,174) | |||
Standard Deviation | 1.32 | |||
Variance | 1.74 | |||
Information Ratio | (0.15) | |||
Jensen Alpha | (0.24) | |||
Total Risk Alpha | (0.28) | |||
Treynor Ratio | (0.08) | |||
Maximum Drawdown | 5.92 | |||
Value At Risk | (2.33) | |||
Potential Upside | 1.65 | |||
Skewness | (0.22) | |||
Kurtosis | (0.24) |
Nationwide Small Pany One Year Return
Based on the recorded statements, Nationwide Small Pany has an One Year Return of 0.9246%. This is 95.26% lower than that of the Nationwide family and significantly higher than that of the Small Growth category. The one year return for all United States funds is notably lower than that of the firm.
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.Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nationwide Small Pany. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .