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NWHQX Nationwide Bailard Technology M Forecast, Technical & Fundamental Analysis

The investment seeks long-term capital appreciation... Show more

Category: #Technology
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A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are NVIDIA Corp (NASDAQ:NVDA), Apple (NASDAQ:AAPL), Microsoft Corp (NASDAQ:MSFT), Amazon.com (NASDAQ:AMZN), Meta Platforms (NASDAQ:META), Lam Research Corp (NASDAQ:LRCX), KLA Corporation (NASDAQ:KLAC), Uber Technologies (NYSE:UBER), Adobe (NASDAQ:ADBE).

Industry description

The investment seeks long-term capital appreciation. The fund will, under normal market conditions, invest its assets primarily in common stocks located in the United States and abroad that the subadviser believes have superior sales and earnings growth potential, but at a reasonable price.

Market Cap

The average market capitalization across the Nationwide Bailard Technology M MF is 1.73T. The market cap for tickers in the group ranges from 77.47B to 5.05T. NVDA holds the highest valuation in this group at 5.05T. The lowest valued company is ADBE at 77.47B.

Volume

The average weekly volume growth across all stocks in the Nationwide Bailard Technology M MF was -3%. For the same stocks of the MF, the average monthly volume growth was 10% and the average quarterly volume growth was 195%

Fundamental Analysis Ratings

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

Valuation Rating: 73
P/E Growth Rating: 51
Price Growth Rating: 40
SMR Rating: 24
Profit Risk Rating: 39
Seasonality Score: 29 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

Category Technology

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

Correlation & Price change

A.I.dvisor indicates that over the last year, NWHQX has been closely correlated with PRGTX. These tickers have moved in lockstep 94% of the time. This A.I.-generated data suggests there is a high statistical probability that if NWHQX jumps, then PRGTX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To NWHQX
1D Price
Change %
NWHQX100%
+0.44%
PRGTX - NWHQX
94%
Closely correlated
N/A
VITAX - NWHQX
87%
Closely correlated
N/A
JATNX - NWHQX
80%
Closely correlated
+0.53%
CCIZX - NWHQX
76%
Closely correlated
N/A
CCOYX - NWHQX
75%
Closely correlated
N/A
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Nationwide Bailard Technology M (NWHQX) mutual fund Forecast, Price Targets and Analysts Predictions - Tickeron.com