Northern Global Real Fund Probability of Future Mutual Fund Price Finishing Over 11.82
| NGREX Fund | USD 9.88 0.03 0.30% |
Northern |
Northern Global Target Price Odds to finish over 11.82
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 move over $ 11.82 or more in 90 days |
| 9.88 | 90 days | 11.82 | near 1 |
Based on a normal probability distribution, the odds of Northern Global to move over $ 11.82 or more in 90 days from now is near 1 (This Northern Global Real 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 Real price to stay between its current price of $ 9.88 and $ 11.82 at the end of the 90-day period is about 97.0 .
Assuming the 90 days horizon Northern Global has a beta of 0.23. This indicates 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 Real will be expected to be much smaller as well. Additionally Northern Global Real has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. 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 Real. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Northern Global'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 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 Real, 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 | -0.12 | |
β | Beta against Dow Jones | 0.23 | |
σ | Overall volatility | 0.20 | |
Ir | Information ratio | -0.26 |
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 Real 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 Global Real generated a negative expected return over the last 90 days | |
| The fund generated three year return of -3.0% | |
| Northern Global Real maintains 99.42% of its assets in stocks |
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 Real. 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 Real
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 Real help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Northern Global Real generated a negative expected return over the last 90 days | |
| The fund generated three year return of -3.0% | |
| Northern Global Real maintains 99.42% of its assets in stocks |
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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