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GMIAX Nationwide Inv Dest Mod Agrsv R6 Forecast, Technical & Fundamental Analysis

A.I.Advisor
published Highlights

Industry description

The investment seeks to maximize total investment return for a moderately aggressive level of risk. The fund is a "fund of funds" that invests primarily in affiliated mutual funds representing a variety of asset classes. Through investments in the underlying funds, the fund invests a significant portion of its assets in equity securities, such as common stocks of U.S. and international companies, including smaller companies, and a smaller portion in bonds.
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A.I. Advisor
published General Information

General Information

Category ModerateAllocation

Profile
Fundamentals
Details
Category
Moderately Aggressive Allocation
Address
Nationwide Mutual Funds1000 Continental Drive, Suite 400King of Prussia,
Phone
610-230-2864
Web
www.nationwide.com/mutualfunds
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GMIAX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, GMIAX has been closely correlated with FPCSX. These tickers have moved in lockstep 91% of the time. This A.I.-generated data suggests there is a high statistical probability that if GMIAX jumps, then FPCSX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To GMIAX
1D Price
Change %
GMIAX100%
-0.19%
FPCSX - GMIAX
91%
Closely correlated
+0.16%
FPACX - GMIAX
91%
Closely correlated
+0.19%
RIDCX - GMIAX
83%
Closely correlated
+0.08%
RIEBX - GMIAX
83%
Closely correlated
+0.08%
FFIFX - GMIAX
82%
Closely correlated
+0.11%
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