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NWABX
Mutual Fund ticker: NASDAQ
AS OF
Dec 20 closing price
Price
$31.01
Change
+$0.36 (+1.17%)
Net Assets
1.72B

NWABX Nationwide 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:GOOGL), Meta Platforms (NASDAQ:META), JPMorgan Chase & Co (NYSE:JPM), Exxon Mobil Corp (NYSE:XOM), Advanced Micro Devices (NASDAQ:AMD).

Industry description

The investment seeks total return through a flexible combination of capital appreciation and current income. The fund invests in a diversified portfolio of common stocks to produce an overall blended equity portfolio consisting of various types of stocks that the subadviser believes offer the potential for capital growth and/or dividend income. Most of the stocks in which the fund invests are issued by large-capitalization companies. The subadviser employs a "bottom-up" approach to selecting securities, emphasizing those that the advisor believes to represent above-average potential for total return, based on fundamental research and analysis.

Market Cap

The average market capitalization across the Nationwide R6 MF is 1.76T. The market cap for tickers in the group ranges from 193.45B to 3.3T. NVDA holds the highest valuation in this group at 3.3T. The lowest valued company is AMD at 193.45B.

Volume

The average weekly volume growth across all stocks in the Nationwide R6 MF was 93%. For the same stocks of the MF, the average monthly volume growth was 99% and the average quarterly volume growth was -28%

Fundamental Analysis Ratings

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

Valuation Rating: 81
P/E Growth Rating: 60
Price Growth Rating: 36
SMR Rating: 32
Profit Risk Rating: 16
Seasonality Score: 1 (-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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NWABX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, NWABX has been closely correlated with FWWMX. These tickers have moved in lockstep 82% of the time. This A.I.-generated data suggests there is a high statistical probability that if NWABX jumps, then FWWMX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To NWABX
1D Price
Change %
NWABX100%
+1.17%
FWWMX - NWABX
82%
Closely correlated
+1.10%
FWMMX - NWABX
82%
Closely correlated
+1.10%
RWMFX - NWABX
82%
Closely correlated
+1.10%
RWEBX - NWABX
82%
Closely correlated
+1.11%
RWMEX - NWABX
82%
Closely correlated
+1.11%
More