Northern Stock Index Fund Market Outlook
| NOSIX Fund | USD 69.15 0.23 0.33% |
Slightly above 62% of Northern Stock's investor base is looking to short. The analysis of overall sentiment of trading Northern Stock Index mutual fund suggests that many investors are alarmed at this time. Northern Stock's investing sentiment can be driven by a variety of factors including economic data, Northern Stock's earnings reports, geopolitical events, and overall market trends.
Comfort Level 38
Alarmed
Panic | Confidence |
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use Northern Stock's input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward Northern Stock Index.
News SentimentNeutral | Hype SentimentBearish | Insider SentimentWaiting |
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Northern Stock Index is 'Strong Hold'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell Northern Stock Index given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for Northern Stock Index, the advice is generated through an automated system that utilizes algorithms and statistical models.
Execute Northern Stock Advice
The Northern recommendation should be used to complement the investment advice compiled from the current analysts' consensus on Northern Stock Index. Macroaxis does not own or have any residual interests in Northern Stock Index or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Northern Stock's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Fair | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Analyst Consensus | Not Available | Details |
For the selected time horizon Northern Stock Index has a Risk Adjusted Performance of 0.0843, Jensen Alpha of 0.0057, Total Risk Alpha of (0.02), Sortino Ratio of (0.02) and Treynor Ratio of 0.1011Macroaxis provides unbiased advice on Northern Stock Index that should be used to complement current analysts and expert consensus on Northern Stock. Our investment recommendation engine determines the entity's potential to grow exclusively from the perspective of an investors' current risk tolerance and investing horizon. Use Northern Stock Index three year return and cash position weight to ensure your buy or sell decision on Northern Stock Index is adequate.
Northern Stock Trading Alerts and Improvement Suggestions
Northern Stock Returns Distribution Density
The distribution of Northern Stock's historical returns is an attempt to chart the uncertainty of Northern Stock's future price movements. The chart of the probability distribution of Northern Stock daily returns describes the distribution of returns around its average expected value. We use Northern Stock Index price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Northern Stock returns is essential to provide solid investment analysis for Northern Stock.
| Mean Return | 0.09 | Value At Risk | -1.23 | Potential Upside | 1.54 | Standard Deviation | 0.80 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Northern Stock historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Northern Stock Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Northern Stock or Northern Funds sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Northern Stock's price will be affected by overall mutual fund market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Northern fund's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.01 | |
β | Beta against Dow Jones | 0.75 | |
σ | Overall volatility | 0.79 | |
Ir | Information ratio | -0.02 |
Northern Stock Volatility Alert
Northern Stock Index has low volatility with Treynor Ratio of 0.1, Maximum Drawdown of 4.78 and kurtosis of 1.76. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Northern Stock's mutual fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Northern Stock's mutual fund price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Northern Stock Fundamentals Vs Peers
Comparing Northern Stock's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Northern Stock's direct or indirect competition across all of the common fundamentals between Northern Stock and the related equities. This way, we can detect undervalued stocks with similar characteristics as Northern Stock or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Northern Stock's fundamental indicators could also be used in its relative valuation, which is a method of valuing Northern Stock by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Northern Stock to competition |
| Fundamentals | Northern Stock | Peer Average |
| Price To Earning | 19.06 X | 6.53 X |
| Price To Book | 2.68 X | 0.74 X |
| Price To Sales | 1.87 X | 0.61 X |
| Annual Yield | 0.01 % | 0.29 % |
| Year To Date Return | 1.51 % | 0.39 % |
| One Year Return | 15.83 % | 4.15 % |
| Three Year Return | 20.91 % | 3.60 % |
| Five Year Return | 13.73 % | 3.24 % |
| Ten Year Return | 13.01 % | 1.79 % |
| Net Asset | 17.68 B | 4.11 B |
| Minimum Initial Investment | 2.5 K | 976.16 K |
| Last Dividend Paid | 0.15 | 0.65 |
| Cash Position Weight | 0.18 % | 10.61 % |
| Equity Positions Weight | 99.82 % | 63.90 % |
Northern Stock Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Northern . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 69.15 | |||
| Day Typical Price | 69.15 | |||
| Price Action Indicator | (0.11) | |||
| Period Momentum Indicator | (0.23) |
About Northern Stock Buy or Sell Advice
When is the right time to buy or sell Northern Stock Index? Buying financial instruments such as Northern Mutual Fund isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Northern Stock in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Social Domain Thematic Idea Now
Social Domain
New or established large and mid-sized companies that are involved in the social media industry, including entities that provide web-based or mobile media applications and services across across large segment of population in multiple geographical areas. The Social Domain theme has 39 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Social Domain Theme or any other thematic opportunities.
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Other Information on Investing in Northern Mutual Fund
Northern Stock 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 Stock security.
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