Northern Emerging Financial Statements From 2010 to 2024
NOEMX Fund | USD 11.63 0.02 0.17% |
Check Northern Emerging financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Northern Emerging's main balance sheet or income statement drivers, such as , as well as many indicators such as . Northern financial statements analysis is a perfect complement when working with Northern Emerging Valuation or Volatility modules.
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Northern Emerging Markets Mutual Fund Price To Earning Analysis
Northern Emerging's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current Northern Emerging Price To Earning | 12.79 X |
Most of Northern Emerging's fundamental indicators, such as Price To Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Northern Emerging Markets is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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Based on the latest financial disclosure, Northern Emerging Markets has a Price To Earning of 12.79 times. This is much higher than that of the Northern Funds family and significantly higher than that of the Diversified Emerging Mkts category. The price to earning for all United States funds is notably lower than that of the firm.
Northern Emerging Markets Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Northern Emerging's current stock value. Our valuation model uses many indicators to compare Northern Emerging value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Northern Emerging competition to find correlations between indicators driving Northern Emerging's intrinsic value. More Info.Northern Emerging Markets is number one fund in price to earning among similar funds. It also is number one fund in price to book among similar funds fabricating about 0.11 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Northern Emerging Markets is roughly 9.34 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Northern Emerging's earnings, one of the primary drivers of an investment's value.About Northern Emerging Financial Statements
Northern Emerging investors use historical fundamental indicators, such as Northern Emerging's revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Northern Emerging. Please read more on our technical analysis and fundamental analysis pages.
The fund will invest substantially all of its net assets in equity securities, in weightings that approximate the relative composition of the securities included in the index, in ADRs, EDRs, and GDRs representing such securities, and in MSCI Emerging Markets Index futures approved by the Commodity Futures Trading Commission. The index captures large and mid-cap representation across 24 Emerging Markets countries, as determined by the index provider.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Northern Mutual Fund
Northern Emerging financial ratios help investors to determine whether Northern 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 Northern with respect to the benefits of owning Northern Emerging security.
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