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NWEAX Nationwide Destination Ret A Forecast, Technical & Fundamental Analysis

The investment seeks capital appreciation and income consistent with its current asset allocation... Show more

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A.I.Advisor
published Highlights

Industry description

The investment seeks capital appreciation and income consistent with its current asset allocation. The fund is a "fund of funds" that invests primarily in affiliated mutual funds representing a variety of asset classes. It invests in a professionally selected mix of different asset classes that is tailored for investors who have already retired. The fund allocated approximately 66% of its net assets in fixed-income securities, approximately 24% in U.S. stocks (including smaller company stocks), and approximately 10% in international stocks.
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A.I. Advisor
published General Information

General Information

Category

Profile
Details
Category
Target-Date Retirement
Address
Nationwide Mutual Funds1000 Continental Drive, Suite 400King of Prussia,
Phone
610-230-2864
Web
www.nationwide.com/mutualfunds
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NWEAX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, NWEAX has been closely correlated with VTINX. These tickers have moved in lockstep 96% of the time. This A.I.-generated data suggests there is a high statistical probability that if NWEAX jumps, then VTINX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To NWEAX
1D Price
Change %
NWEAX100%
+0.26%
VTINX - NWEAX
96%
Closely correlated
+0.21%
JSIZX - NWEAX
91%
Closely correlated
+0.12%
JSRAX - NWEAX
91%
Closely correlated
+0.12%
FAPIX - NWEAX
89%
Closely correlated
+0.08%
SSFQX - NWEAX
84%
Closely correlated
+0.17%
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Nationwide Destination Ret A (NWEAX) mutual fund Forecast, Price Targets and Analysts Predictions - Tickeron.com