Nationwide Mid Valuation

NWXQX Fund  USD 16.60  0.11  0.66%   
At this time, the fund appears to be overvalued. Nationwide Mid Cap secures a last-minute Real Value of $16.06 per share. The latest price of the fund is $16.6. We determine the value of Nationwide Mid Cap from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will merge together.
Overvalued
Today
16.60
Please note that Nationwide Mid's price fluctuation is very steady at this time. At this time, the fund appears to be overvalued. Nationwide Mid Cap secures a last-minute Real Value of $16.06 per share. The latest price of the fund is $16.6. We determine the value of Nationwide Mid Cap from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will merge together.
Since Nationwide Mid is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Nationwide Mutual Fund. However, Nationwide Mid's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
Historical Market  16.6 Real  16.06 Hype  16.6 Naive  16.25
The intrinsic value of Nationwide Mid's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Nationwide Mid's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
16.06
Real Value
17.05
Upside
Estimating the potential upside or downside of Nationwide Mid Cap helps investors to forecast how Nationwide mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Nationwide Mid more accurately as focusing exclusively on Nationwide Mid's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
15.7116.3617.01
Details
Hype
Prediction
LowEstimatedHigh
15.6116.6017.59
Details
Naive
Forecast
LowNext ValueHigh
15.2616.2517.25
Details

Nationwide Mid Total Value Analysis

Nationwide Mid Cap is now projected to have takeover price of 0 with market capitalization of 0, debt of , and cash on hands of . Please note that takeover price may be misleading and is a subject to mistakes in financial statements. We encourage investors to thoroughly investigate all of the Nationwide Mid fundamentals before making investing decisions based on enterprise value of the company

Nationwide Mid Asset Utilization

The concept of asset utilization usually refers to the revenue earned for every dollar of assets a company currently reports. The current return on assets of Nationwide suggests not a very effective usage of assets in July.

About Nationwide Mid Valuation

Our relative valuation model uses a comparative analysis of Nationwide Mid. We calculate exposure to Nationwide Mid's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Nationwide Mid's related companies.
The fund normally invests at least 80 percent of its net assets in securities of companies included in the SP MidCap 400 Index. The SP MidCap 400 Index includes equity securities of approximately 400 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.

Other Information on Investing in Nationwide Mutual Fund

Nationwide Mid financial ratios help investors to determine whether Nationwide Mutual 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 Mid security.
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