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NWHTX Nationwide Bailard Tech & Sci R6 Forecast, Technical & Fundamental Analysis

Category Technology
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), Meta Platforms (NASDAQ:META), Adobe (NASDAQ:ADBE), Uber Technologies (NYSE:UBER), Lam Research Corp (NASDAQ:LRCX), KLA Corp (NASDAQ:KLAC).

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. It will invest at least 80% of its net assets in established companies in the technology and science sectors.

Market Cap

The average market capitalization across the Nationwide Bailard Tech & Sci R6 MF is 1.34T. The market cap for tickers in the group ranges from 85.08B to 3.48T. NVDA holds the highest valuation in this group at 3.48T. The lowest valued company is CDNS at 85.08B.

Volume

The average weekly volume growth across all stocks in the Nationwide Bailard Tech & Sci R6 MF was 62%. For the same stocks of the MF, the average monthly volume growth was 62% and the average quarterly volume growth was 8%

Fundamental Analysis Ratings

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

Valuation Rating: 75
P/E Growth Rating: 74
Price Growth Rating: 43
SMR Rating: 23
Profit Risk Rating: 22
Seasonality Score: 13 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

Category Technology

Profile
Fundamentals
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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NWHTX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, NWHTX has been closely correlated with PRGTX. These tickers have moved in lockstep 93% of the time. This A.I.-generated data suggests there is a high statistical probability that if NWHTX jumps, then PRGTX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To NWHTX
1D Price
Change %
NWHTX100%
+1.11%
PRGTX - NWHTX
93%
Closely correlated
+0.68%
CCIZX - NWHTX
88%
Closely correlated
+0.80%
CCOYX - NWHTX
88%
Closely correlated
+0.80%
JATNX - NWHTX
82%
Closely correlated
+0.72%
VITAX - NWHTX
78%
Closely correlated
+1.11%
More