Nationwide Mutual Funds Fund Market Value
| NWSXX Fund | USD 1.00 0.00 0.00% |
| Symbol | Nationwide |
Please note, there is a significant difference between Nationwide Mutual's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nationwide Mutual is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nationwide Mutual's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Nationwide Mutual 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Nationwide Mutual's money market fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Nationwide Mutual.
| 07/06/2025 |
| 10/04/2025 |
If you would invest 0.00 in Nationwide Mutual on July 6, 2025 and sell it all today you would earn a total of 0.00 from holding Nationwide Mutual Funds or generate 0.0% return on investment in Nationwide Mutual over 90 days. Nationwide Mutual is related to or competes with Prudential Real, Vy Clarion, Nomura Real, Baron Real, and Global Real. Nationwide Mutual is entity of United States More
Nationwide Mutual Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Nationwide Mutual's money market fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Nationwide Mutual Funds upside and downside potential and time the market with a certain degree of confidence.
Nationwide Mutual Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nationwide Mutual's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nationwide Mutual's standard deviation. In reality, there are many statistical measures that can use Nationwide Mutual historical prices to predict the future Nationwide Mutual's volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Nationwide Mutual's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Nationwide Mutual Funds Backtested Returns
We have found three technical indicators for Nationwide Mutual, which you can use to evaluate the volatility of the fund. The fund secures a Beta (Market Risk) of 0.0, which conveys not very significant fluctuations relative to the market. the returns on MARKET and Nationwide Mutual are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Nationwide Mutual Funds has no correlation between past and present. Overlapping area represents the amount of predictability between Nationwide Mutual time series from 6th of July 2025 to 20th of August 2025 and 20th of August 2025 to 4th of October 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Nationwide Mutual Funds price movement. The serial correlation of 0.0 indicates that just 0.0% of current Nationwide Mutual price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Nationwide Mutual Funds lagged returns against current returns
Autocorrelation, which is Nationwide Mutual money market fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Nationwide Mutual's money market fund expected returns. We can calculate the autocorrelation of Nationwide Mutual returns to help us make a trade decision. For example, suppose you find that Nationwide Mutual has exhibited high autocorrelation historically, and you observe that the money market fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Nationwide Mutual regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Nationwide Mutual money market fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nationwide Mutual money market fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nationwide Mutual money market fund over time.
Current vs Lagged Prices |
| Timeline |
Nationwide Mutual Lagged Returns
When evaluating Nationwide Mutual's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nationwide Mutual money market fund have on its future price. Nationwide Mutual autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Nationwide Mutual autocorrelation shows the relationship between Nationwide Mutual money market fund current value and its past values and can show if there is a momentum factor associated with investing in Nationwide Mutual Funds.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Nationwide Money Market Fund
Nationwide Mutual financial ratios help investors to determine whether Nationwide Money Market 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 Mutual security.
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