Northern Income Financials
| NOIEX Fund | USD 17.69 0.05 0.28% |
Northern |
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Northern Income Fund Summary
Northern Income competes with Northern High, Northern International, Northern Large, Northern Stock, and Northern Fixed. In seeking to achieve its investment objective, the fund will, under normal circumstances, invest at least 80 percent of its net assets in income-producing equity securities, including dividend-paying common and preferred stocks. It seeks to provide a high level of current income relative to other mutual funds that invest in equity securities. The fund may use derivatives such as stock index futures contracts to equitize cash and enhance portfolio liquidity.Specialization | Large Value, Large Value |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| ISIN | US6651622028 |
| Business Address | Northern Funds |
| Mutual Fund Family | Northern Funds |
| Mutual Fund Category | Large Value |
| Benchmark | Dow Jones Industrial |
| Phone | 800 595 9111 |
| Currency | USD - US Dollar |
Northern Income Key Financial Ratios
Northern Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Northern Income's current stock value. Our valuation model uses many indicators to compare Northern Income value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Northern Income competition to find correlations between indicators driving Northern Income's intrinsic value. More Info.Northern Income Equity 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 0.18 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Northern Income Equity is roughly 5.66 . 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 Income's earnings, one of the primary drivers of an investment's value.Northern Income Equity Systematic Risk
Northern Income's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Northern Income volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Northern Income Equity correlated with the market. If Beta is less than 0 Northern Income generally moves in the opposite direction as compared to the market. If Northern Income Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Northern Income Equity is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Northern Income is generally in the same direction as the market. If Beta > 1 Northern Income moves generally in the same direction as, but more than the movement of the benchmark.
Northern Income November 23, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Northern Income help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Northern Income Equity. We use our internally-developed statistical techniques to arrive at the intrinsic value of Northern Income Equity based on widely used predictive technical indicators. In general, we focus on analyzing Northern Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Northern Income's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.6931 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 3.15 | |||
| Value At Risk | (1.25) | |||
| Potential Upside | 1.05 |
Other Information on Investing in Northern Mutual Fund
Northern Income 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 Income security.
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