Northern Global Tactical Fund Probability of Future Mutual Fund Price Finishing Under 11.26
| BBALX Fund | USD 13.36 0.05 0.37% |
Northern |
Northern Global Target Price Odds to finish below 11.26
The tendency of Northern Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to $ 11.26 or more in 90 days |
| 13.36 | 90 days | 11.26 | near 1 |
Based on a normal probability distribution, the odds of Northern Global to drop to $ 11.26 or more in 90 days from now is near 1 (This Northern Global Tactical probability density function shows the probability of Northern Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Northern Global Tactical price to stay between $ 11.26 and its current price of $13.36 at the end of the 90-day period is about 81.77 .
Assuming the 90 days horizon Northern Global has a beta of 0.32 suggesting as returns on the market go up, Northern Global average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Northern Global Tactical will be expected to be much smaller as well. Additionally Northern Global Tactical has an alpha of 0.0019, implying that it can generate a 0.001923 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Northern Global Price Density |
| Price |
Predictive Modules for Northern Global
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Northern Global Tactical. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Northern Global Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Northern Global is not an exception. The market had few large corrections towards the Northern Global's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Northern Global Tactical, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Northern Global within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0 | |
β | Beta against Dow Jones | 0.32 | |
σ | Overall volatility | 0.11 | |
Ir | Information ratio | -0.2 |
Northern Global Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Northern Global for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Northern Global Tactical can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The fund holds about 34.69% of its assets under management (AUM) in fixed income securities |
Northern Global Technical Analysis
Northern Global's future price can be derived by breaking down and analyzing its technical indicators over time. Northern Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Northern Global Tactical. In general, you should focus on analyzing Northern Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Northern Global Predictive Forecast Models
Northern Global's time-series forecasting models is one of many Northern Global's mutual fund analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Northern Global's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the mutual fund market movement and maximize returns from investment trading.
Things to note about Northern Global Tactical
Checking the ongoing alerts about Northern Global for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Northern Global Tactical help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The fund holds about 34.69% of its assets under management (AUM) in fixed income securities |
Other Information on Investing in Northern Mutual Fund
Northern Global 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 Global security.
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