Nationwide Mutual Fund Quote


USD 15.99  0.01  0.06%   

Market Performance
0 of 100
Odds Of Distress
Less than 1
Nationwide Geneva is trading at 15.99 as of the 30th of September 2022; that is -0.06 percent decrease since the beginning of the trading day. The fund's open price was 16.0. Nationwide Geneva has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Nationwide Geneva Mid are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of September 2021 and ending today, the 30th of September 2022. Click here to learn more.
The fund seeks to invest, under normal market conditions, in common stocks of publicly traded companies that the subadviser believes demonstrate, at the time of a stocks purchase, strong growth characteristics such as a leadership position in the relevant industry, a sustainable advantage, strong earnings growth potential and experienced management. More on Nationwide Geneva Mid

Moving together with Nationwide Geneva

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Nationwide Geneva Mutual Fund Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Nationwide Geneva's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Nationwide Geneva or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Nationwide Geneva generated a negative expected return over the last 90 days
Nationwide Geneva is unlikely to experience financial distress in the next 2 years
The fund maintains 99.47% of its assets in stocks
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Nationwide Geneva's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong HoldUndervalued
Startdate4th of January 1999
Nationwide Geneva Mid [NWHYX] is traded in USA and was established 30th of September 2022. The fund is listed under Mid-Cap Growth category and is part of Nationwide family. Nationwide Geneva Mid now has accumulated 457.68 M in assets with minimum initial investment of 50 K. , while the total return for the last 3 years was 12.21%.
Check Nationwide Geneva Probability Of Bankruptcy

Instrument Allocation

Sector Allocation (%)

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Nationwide Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Nationwide Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Nationwide Geneva Mid Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top Nationwide Geneva Mid Constituents

Nationwide Geneva Target Price Odds Analysis

Based on a normal probability distribution, the odds of Nationwide Geneva jumping above the current price in 90 days from now is about 92.18%. The Nationwide Geneva Mid probability density function shows the probability of Nationwide Geneva mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Nationwide Geneva has a beta of 0.3193. This indicates as returns on the market go up, Nationwide Geneva average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Nationwide Geneva Mid will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Nationwide Geneva Mid is significantly underperforming DOW.
  Odds Below 15.99HorizonTargetOdds Above 15.99
7.74%90 days
Based on a normal probability distribution, the odds of Nationwide Geneva to move above the current price in 90 days from now is about 92.18 (This Nationwide Geneva Mid probability density function shows the probability of Nationwide Mutual Fund to fall within a particular range of prices over 90 days) .

Nationwide Geneva Mid Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Nationwide Geneva market risk premium is the additional return an investor will receive from holding Nationwide Geneva long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Nationwide Geneva. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Nationwide Geneva's alpha and beta are two of the key measurements used to evaluate Nationwide Geneva's performance over the market, the standard measures of volatility play an important role as well.

Nationwide Geneva Against Markets

Picking the right benchmark for Nationwide Geneva mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Nationwide Geneva mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Nationwide Geneva is critical whether you are bullish or bearish towards Nationwide Geneva Mid at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Nationwide Geneva 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.

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Invested in Nationwide Geneva Mid?

The danger of trading Nationwide Geneva Mid is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Nationwide Geneva is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Nationwide Geneva. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Nationwide Geneva Mid is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Additionally, see Correlation Analysis. You can also try Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

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When running Nationwide Geneva Mid price analysis, check to measure Nationwide Geneva's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nationwide Geneva is operating at the current time. Most of Nationwide Geneva's value examination focuses on studying past and present price action to predict the probability of Nationwide Geneva's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Nationwide Geneva's price. Additionally, you may evaluate how the addition of Nationwide Geneva to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Nationwide Geneva's value and its price as these two are different measures arrived at by different means. Investors typically determine Nationwide Geneva value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nationwide Geneva'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.