Northern Mid Financials
| NOMIX Fund | USD 24.52 0.11 0.45% |
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 Mid Fund Summary
Northern Mid competes with Northern Small, Northern International, Northern Stock, Northern Emerging, and Northern Global. The fund will invest substantially all of its net assets in equity securities included in the SP MidCap 400 Index, in weightings that approximate the relative composition of securities contained in the SP MidCap 400 Index, and in SP MidCap 400 Index futures approved by the Commodity Futures Trading Commission.Specialization | Mid-Cap Blend, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| ISIN | US6651301003 |
| Business Address | Northern Funds |
| Mutual Fund Family | Northern Funds |
| Mutual Fund Category | Mid-Cap Blend |
| Benchmark | Dow Jones Industrial |
| Phone | 800 595 9111 |
| Currency | USD - US Dollar |
Northern Mid Key Financial Ratios
Northern Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Northern Mid's current stock value. Our valuation model uses many indicators to compare Northern Mid value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Northern Mid competition to find correlations between indicators driving Northern Mid's intrinsic value. More Info.Northern Mid Cap 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 Mid Cap is roughly 9.33 . 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 Mid's earnings, one of the primary drivers of an investment's value.Northern Mid Cap Systematic Risk
Northern Mid's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Northern Mid 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 twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Northern Mid Cap correlated with the market. If Beta is less than 0 Northern Mid generally moves in the opposite direction as compared to the market. If Northern Mid Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Northern Mid Cap is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Northern Mid is generally in the same direction as the market. If Beta > 1 Northern Mid moves generally in the same direction as, but more than the movement of the benchmark.
Northern Mid November 27, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Northern Mid help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Northern Mid Cap. We use our internally-developed statistical techniques to arrive at the intrinsic value of Northern Mid Cap 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 Mid's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.9036 | |||
| Information Ratio | 0.0155 | |||
| Maximum Drawdown | 5.21 | |||
| Value At Risk | (1.21) | |||
| Potential Upside | 1.71 |
Other Information on Investing in Northern Mutual Fund
Northern Mid 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 Mid security.
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges |