Northern Institutional Funds Fund Probability of Future Money Market Fund Price Finishing Over 1.0
BSCXX Fund | USD 1.00 0.00 0.00% |
Northern |
Northern Institutional Target Price Odds to finish over 1.0
The tendency of Northern Money Market 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 move above the current price in 90 days |
1.00 | 90 days | 1.00 | about 50.0 |
Based on a normal probability distribution, the odds of Northern Institutional to move above the current price in 90 days from now is about 50.0 (This Northern Institutional Funds probability density function shows the probability of Northern Money Market Fund to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Northern Institutional Funds has a beta of -0.0024 suggesting as returns on the benchmark increase, returns on holding Northern Institutional are expected to decrease at a much lower rate. During a bear market, however, Northern Institutional Funds is likely to outperform the market. Additionally Northern Institutional Funds has an alpha of 0.0056, implying that it can generate a 0.005594 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Northern Institutional Price Density |
Price |
Predictive Modules for Northern Institutional
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 Institutional. Regardless of method or technology, however, to accurately forecast the money market fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the money market 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Northern Institutional's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Northern Institutional Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Northern Institutional is not an exception. The market had few large corrections towards the Northern Institutional'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 Institutional Funds, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Northern Institutional within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.01 | |
β | Beta against Dow Jones | -0.0024 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | -0.93 |
Northern Institutional 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 Institutional for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Northern Institutional can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.Northern Institutional has some characteristics of a very speculative penny stock | |
The fund holds all of the assets under management (AUM) in different types of exotic instruments |
Northern Institutional Technical Analysis
Northern Institutional's future price can be derived by breaking down and analyzing its technical indicators over time. Northern Money Market Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Northern Institutional Funds. In general, you should focus on analyzing Northern Money Market Fund price patterns and their correlations with different microeconomic environments and drivers.
Northern Institutional Predictive Forecast Models
Northern Institutional's time-series forecasting models is one of many Northern Institutional's money market 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 Institutional'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 money market fund market movement and maximize returns from investment trading.
Things to note about Northern Institutional
Checking the ongoing alerts about Northern Institutional for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Northern Institutional help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Northern Institutional has some characteristics of a very speculative penny stock | |
The fund holds all of the assets under management (AUM) in different types of exotic instruments |
Other Information on Investing in Northern Money Market Fund
Northern Institutional financial ratios help investors to determine whether Northern Money Market 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 Institutional security.
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