Multi-manager Global Competition

Mutual Funds . USA . 
Fund . Multi Manager Global Real
NMMGX Fund  USD 10.25  0.01  0.1%   
Multi Manager Global competes with Northern Bond, Northern Core, Northern Arizona, Northern Emerging, and Northern Fixed; as well as few others. The fund is listed under Global Real Estate category and is part of Northern Funds family. Analyzing Multi-manager Global competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Multi-manager Global to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Multi-manager Global Correlation with its peers.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Multi-manager Global competition on your existing holdings.
  
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Hype
Prediction
LowEstimatedHigh
9.3810.2511.12
Details
Intrinsic
Valuation
LowRealHigh
9.4510.3211.19
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Multi-manager Global. Your research has to be compared to or analyzed against Multi-manager Global's peers to derive any actionable benefits. When done correctly, Multi-manager Global's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Multi Manager Global.

Multi-manager Global Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Multi-manager Global and its competitors represents the degree of relationship between the price movements of corresponding funds. A correlation of about +1.0 implies that the price of Multi-manager and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Multi Manager Global does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
NOCBX
+ 1.0
NOBOX
NOITX
+ 0.98
NOAZX
NOFIX
+ 0.91
NOBOX
NOFIX
+ 0.91
NOCBX
NOINX
+ 0.91
NOEMX
NOINX
+ 0.9
NOIGX
  
High negative correlations   
NOIEX
- 0.13
NOEMX
NOINX
- 0.01
NOIEX

Risk-Adjusted Indicators

There is a big difference between Multi-manager Mutual Fund performing well and Multi-manager Global Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Multi-manager Global's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Mean DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
NOBOX  0.26 (0.04) 0.00 (1.11) 0.00 
 0.00 
 0.55 
(0.55)
 1.87 
NOCBX  0.24 (0.04) 0.00 (1.30) 0.00 
 0.00 
 0.46 
(0.57)
 2.04 
NOAZX  0.18 (0.03) 0.00 (0.40) 0.00 
 0.00 
 0.32 
(0.42)
 1.25 
NOEMX  0.60 (0.13) 0.00 (0.81) 0.00 
 0.00 
 1.40 
(1.50)
 4.02 
NOFIX  0.25 (0.04) 0.00 (0.39) 0.00 
 0.00 
 0.57 
(0.57)
 1.81 
NOIEX  0.52  0.01 (0.01) 0.04  0.82 
(0.51)
 1.14 
(1.25)
 4.80 
NOIGX  0.57 (0.09) 0.00 (0.30) 0.00 
 0.00 
 1.19 
(1.43)
 3.68 
NOINX  0.60 (0.10) 0.00 (1.79) 0.00 
 0.00 
 1.08 
(1.65)
 3.73 
NOITX  0.15 (0.02) 0.00 (0.40) 0.00 
 0.00 
 0.21 
(0.31)
 1.03 
NOMIX  0.83 (0.09) 0.00 (0.30) 0.00 
 0.00 
 1.46 
(1.25)
 11.91 
All Fundamental Data

Multi-manager Global Competitive Analysis

The better you understand Multi-manager Global competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Multi-manager Global's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Multi-manager Global's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
NMMGX NOBOX NOCBX NOAZX NOEMX NOFIX NOIEX NOIGX NOINX NOITX
 0.1 
 10.25 
Multi-manager
 0.22 
 9.04 
Northern
 0.23 
 8.76 
Northern
 0.21 
 9.54 
Northern
 0.45 
 11.08 
Northern
 0.11 
 8.77 
Northern
 0.89 
 17.00 
Northern
 0.30 
 9.98 
Northern
 0.65 
 14.00 
Northern
 0.10 
 9.72 
Northern
Market Volatility
(90 Days Market Risk)
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Market Performance
(90 Days Performance)
Very Weak
Very Weak
Very Weak
Very Weak
Very Weak
Very Weak
Weak
Very Weak
Very Weak
Very Weak
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Low
Low
Low
Low
Low
Low
Low
Low
Low
Current Valuation
(Equity Enterprise Value)
Fairly Valued
Fairly Valued
Fairly Valued
Fairly Valued
Fairly Valued
Fairly Valued
Fairly Valued
Fairly Valued
Fairly Valued
Fairly Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Hold
Cautious Hold
Cautious Hold
Cautious Hold
Cautious Hold
Cautious Hold
Cautious Hold
Hold
Sell
Cautious Hold
Net Asset
116.92 M
2.26 B
108.1 M
75.41 M
1.42 B
443.97 M
144.8 M
127.1 M
4.41 B
1.48 B
Minimum Initial Investment
2.5 K
2.5 K
2.5 K
2.5 K
2.5 K
2.5 K
2.5 K
2.5 K
2.5 K
2.5 K
Price To Book
1.47
N/A
N/A
N/A
1.37
N/A
3.1
1.34
1.57
N/A
Five Year Return
-0.76
-0.71
-0.73
0.0814
0.46
-0.29
12.65
5.25
4.42
0.39
One Year Return
-3.32
1.13
1.3
1.07
8.72
1.79
22.76
6.81
3.18
1.28
Last Dividend Paid
0.05
0.02
0.02
0.02
0.33
0.02
0.01
0.54
0.28
0.02
Price To Earning
21.33
N/A
N/A
N/A
12.79
N/A
17.55
15.03
15.47
N/A
Price To Sales
5.75
N/A
N/A
N/A
1.16
N/A
1.57
1.08
1.01
N/A
Equity Positions Weight
100.0
N/A
N/A
N/A
99.95
N/A
99.9
99.11
99.88
N/A
Cash Position Weight
N/A
N/A
N/A
3.97
N/A
N/A
0.1
N/A
0.01
5.15
Three Year Return
-6.72
-2.27
-2.36
-0.86
-2.97
-2.26
8.95
3.27
1.17
-0.63
Annual Yield
0.0239
0.0035
0.004
0.0025
0.0298
0.0039
0.0176
0.045
0.037
0.0025
Year To Date Return
0.49
0.75
1.14
0.12
0.63
1.49
1.08
0.2
1.3
0.25
Bond Positions Weight
N/A
99.52
95.98
96.03
N/A
95.84
N/A
N/A
0.01
94.85
Ten Year Return
6.08
3.76
3.93
3.94
2.23
4.02
9.88
3.57
5.19
3.35
Daily Balance Of Power
9.2 T
9.2 T
9.2 T
9.2 T
9.2 T
(9,223,372,036,855)
9.2 T
9.2 T
9.2 T
9.2 T
Day Typical Price
10.25
9.04
8.76
9.54
11.08
8.77
17.0
9.98
14.0
9.72
Period Momentum Indicator
0.01
0.02
0.02
0.02
0.05
(0.01)
0.15
0.03
0.09
0.01
Rate Of Daily Change
1.0
1.0
1.0
1.0
1.0
1.0
1.01
1.0
1.01
1.0
Day Median Price
10.25
9.04
8.76
9.54
11.08
8.77
17.0
9.98
14.0
9.72
Price Action Indicator
0.005
0.01
0.01
0.01
0.025
(0.01)
0.075
0.015
0.045
0.005
Coefficient Of Variation
(751.74)
(1,260)
(1,300)
(1,701)
(659.58)
(1,358)
3346.12
(1,030)
(907.87)
(2,050)
Mean Deviation
0.6694
0.2585
0.2436
0.1822
0.6047
0.2451
0.5172
0.5677
0.5967
0.1541
Jensen Alpha
(0.14)
(0.04)
(0.04)
(0.03)
(0.13)
(0.04)
0.0065
(0.09)
(0.1)
(0.02)
Total Risk Alpha
(0.15)
(0.05)
(0.05)
(0.03)
(0.15)
(0.04)
(0.01)
(0.1)
(0.11)
(0.03)
Sortino Ratio
N/A
N/A
N/A
N/A
N/A
N/A
(0.01)
N/A
N/A
N/A
Downside Variance
N/A
N/A
N/A
N/A
N/A
N/A
0.7967
N/A
N/A
N/A
Standard Deviation
0.8878
0.3481
0.3487
0.2629
0.8007
0.3412
0.7546
0.7211
0.7656
0.2181
Kurtosis
1.62
1.78
3.4
2.26
0.3781
1.72
3.07
0.2715
0.2659
2.71
Potential Upside
1.2
0.5482
0.4551
0.3151
1.4
0.5663
1.14
1.19
1.08
0.2066
Treynor Ratio
(0.36)
(1.11)
(1.30)
(0.40)
(0.81)
(0.39)
0.0408
(0.30)
(1.79)
(0.40)
Maximum Drawdown
4.61
1.87
2.04
1.25
4.02
1.81
4.8
3.68
3.73
1.03
Variance
0.7881
0.1212
0.1216
0.0691
0.6412
0.1164
0.5695
0.5199
0.5861
0.0476
Market Risk Adjusted Performance
(0.35)
(1.10)
(1.29)
(0.39)
(0.80)
(0.38)
0.0508
(0.29)
(1.78)
(0.39)
Risk Adjusted Performance
(0.11)
(0.08)
(0.08)
(0.07)
(0.13)
(0.08)
0.0239
(0.08)
(0.09)
(0.07)
Skewness
(0.80)
0.673
0.9545
(0.70)
(0.09)
0.5267
(0.77)
(0.30)
(0.55)
(0.81)
Semi Deviation
N/A
N/A
N/A
N/A
N/A
N/A
0.8168
N/A
N/A
N/A
Information Ratio
(0.17)
(0.16)
(0.16)
(0.17)
(0.19)
(0.16)
(0.01)
(0.14)
(0.15)
(0.18)
Value At Risk
(1.73)
(0.55)
(0.57)
(0.42)
(1.50)
(0.57)
(1.25)
(1.43)
(1.65)
(0.31)
Expected Short fall
N/A
N/A
N/A
N/A
N/A
N/A
(0.51)
N/A
N/A
N/A
Downside Deviation
N/A
N/A
N/A
N/A
N/A
N/A
0.8926
N/A
N/A
N/A
Semi Variance
N/A
N/A
N/A
N/A
N/A
N/A
0.6672
N/A
N/A
N/A

Multi-manager Global Competition Performance Charts

Five steps to successful analysis of Multi-manager Global Competition

Multi-manager Global's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Multi Manager Global in relation to its competition. Multi-manager Global's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Multi-manager Global in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Multi-manager Global's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Multi Manager Global, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Multi-manager Global position

In addition to having Multi-manager Global in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Drugs Thematic Idea Now

Drugs
Drugs Theme
Companies involved in medical and pharmaceutical drug research, manufacturing, and delivery. The Drugs theme has 43 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Drugs Theme or any other thematic opportunities.
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Other Information on Investing in Multi-manager Mutual Fund

Multi-manager Global financial ratios help investors to determine whether Multi-manager Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Multi-manager with respect to the benefits of owning Multi-manager Global security.
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