Northern E Bond Fund Price on October 24, 2023
| NOCBX Fund | USD 8.93 0.02 0.22% |
Below is the normalized historical share price chart for Northern E Bond extending back to December 20, 2012. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Northern E stands at 8.93, as last reported on the 27th of November, with the highest price reaching 8.93 and the lowest price hitting 8.93 during the day.
If you're considering investing in Northern Mutual Fund, it is important to understand the factors that can impact its price. Northern E Bond has Sharpe Ratio of -0.0636, which conveys that the entity had a -0.0636% return per unit of risk over the last 3 months. Northern E exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Northern E's Mean Deviation of 0.2385, standard deviation of 0.3162, and Risk Adjusted Performance of (0.07) to check out the risk estimate we provide.
Northern Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Northern |
Sharpe Ratio = -0.0636
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Estimated Market Risk
| 0.32 actual daily | 2 98% of assets are more volatile |
Expected Return
| -0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Northern E is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Northern E by adding Northern E to a well-diversified portfolio.
Northern E Valuation on October 24, 2023
It is possible to determine the worth of Northern E on a given historical date. On October 24, 2023 Northern was worth 8.03 at the beginning of the trading date compared to the closed value of 8.03. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Northern E mutual fund. Still, in general, we apply an absolute valuation method to find Northern E's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Northern E where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Northern E's related companies.
| Open | High | Low | Close | Volume | |
| 7.98 | 7.98 | 7.98 | 7.98 | 1.00 | |
10/24/2023 | 8.03 | 8.03 | 8.03 | 8.03 | 1.00 |
| 7.98 | 7.98 | 7.82 | 7.98 | 1.00 |
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Northern E Trading Date Momentum on October 24, 2023
| On October 25 2023 Northern E Bond was traded for 7.98 at the closing time. The highest daily price throughout the period was 7.98 and the lowest price was 7.82 . There was no trading activity during the period 1.0. Lack of trading volume on 10/25/2023 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.62% . The trading delta at closing time to current closing price is 2.12% . |
Northern E Bond Fundamentals Correlations and Trends
By evaluating Northern E's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Northern E's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Northern financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Northern E Mutual Fund history
Northern E investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Northern is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Northern E Bond will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Northern E stock prices may prove useful in developing a viable investing in Northern E
The fund will seek capital appreciation and current income in the advisors attempt to maximize total return. It will invest, under normal circumstances, at least 80 percent of its net assets in bonds and other fixed-income securities. The fund invests primarily in the investment grade debt obligations of domestic issuers. It also may invest up to 25 percent of its total assets in U.S. dollar denominated investment grade obligations of foreign issuers.
Northern E Mutual Fund Technical Analysis
Northern E technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Northern E Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Northern E Bond cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Northern E November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Northern E mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Northern E shares will generate the highest return on investment. By undertsting and applying Northern E mutual fund market strength indicators, traders can identify Northern E Bond entry and exit signals to maximize returns
Northern E Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Northern E's price direction in advance. Along with the technical and fundamental analysis of Northern Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Northern to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | 0.5209 |
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Other Information on Investing in Northern Mutual Fund
Northern E 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 E security.
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