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GRMIX
Mutual Fund ticker: NASDAQ
AS OF
Dec 20 closing price
Price
$27.86
Change
+$0.30 (+1.09%)
Net Assets
1.61B

GRMIX Nationwide S&P 500 Index R6 Forecast, Technical & Fundamental Analysis

Category LargeBlend
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are NVIDIA Corp (NASDAQ:NVDA), Microsoft Corp (NASDAQ:MSFT), Apple (NASDAQ:AAPL), Amazon.com (NASDAQ:AMZN), Alphabet (NASDAQ:GOOG), Alphabet (NASDAQ:GOOGL), Meta Platforms (NASDAQ:META), Broadcom Inc. (NASDAQ:AVGO), Eli Lilly & Co (NYSE:LLY).

Industry description

The investment seeks to provide investment results that correspond to the price and yield performance of publicly traded common stocks, as represented by the Standard & Poor's 500® Index ("S&P 500 Index"). The fund employs a “passive” management, or indexing, approach, which seeks to match approximately the performance of the S&P 500 Index before the deduction of Fund expenses. The S&P 500 Index includes approximately 500 stocks of large U.S. companies in a wide range of businesses. The fund does not necessarily invest in all of the securities included in the S&P 500 Index or in the same weightings.

Market Cap

The average market capitalization across the Nationwide S&P 500 Index R6 MF is 2.04T. The market cap for tickers in the group ranges from 632.33B to 3.3T. NVDA holds the highest valuation in this group at 3.3T. The lowest valued company is BRK.B at 632.33B.

Volume

The average weekly volume growth across all stocks in the Nationwide S&P 500 Index R6 MF was 85%. For the same stocks of the MF, the average monthly volume growth was 120% and the average quarterly volume growth was -25%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 78
P/E Growth Rating: 58
Price Growth Rating: 26
SMR Rating: 28
Profit Risk Rating: 11
Seasonality Score: -14 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

Category LargeBlend

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

Correlation & Price change

A.I.dvisor indicates that over the last year, GRMIX has been closely correlated with VFFSX. These tickers have moved in lockstep 100% of the time. This A.I.-generated data suggests there is a high statistical probability that if GRMIX jumps, then VFFSX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To GRMIX
1D Price
Change %
GRMIX100%
+1.09%
VFFSX - GRMIX
100%
Closely correlated
+1.09%
VTSMX - GRMIX
99%
Closely correlated
+1.11%
VTSAX - GRMIX
98%
Closely correlated
+1.11%
VSMPX - GRMIX
98%
Closely correlated
+1.11%
VSTSX - GRMIX
98%
Closely correlated
+1.11%
More