Northern Quality Esg Fund Manager Performance Evaluation
| NUEIX Fund | USD 21.45 0.25 1.15% |
The fund secures a Beta (Market Risk) of 0.0205, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Northern's returns are expected to increase less than the market. However, during the bear market, the loss of holding Northern is expected to be smaller as well.
Risk-Adjusted Performance
9 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Northern Quality Esg are ranked lower than 9 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong forward indicators, Northern is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...moreNorthern |
Northern Relative Risk vs. Return Landscape
If you would invest 2,037 in Northern Quality Esg on August 25, 2024 and sell it today you would earn a total of 108.00 from holding Northern Quality Esg or generate 5.3% return on investment over 90 days. Northern Quality Esg is currently producing 0.082% returns and takes up 0.7067% volatility of returns over 90 trading days. Put another way, 6% of traded mutual funds are less volatile than Northern, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Northern Current Valuation
Fairly Valued
Today
Please note that Northern's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Northern Quality Esg secures a last-minute Real Value of $21.26 per share. The latest price of the fund is $21.45. We determine the value of Northern Quality Esg from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will merge together.
Since Northern is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Northern Mutual Fund. However, Northern's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 21.45 | Real 21.26 | Hype 21.45 | Naive 21.18 |
The intrinsic value of Northern's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Northern's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Northern Quality Esg helps investors to forecast how Northern mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Northern more accurately as focusing exclusively on Northern's fundamentals will not take into account other important factors: Northern Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Northern's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Northern Quality Esg, and traders can use it to determine the average amount a Northern's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.116
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| Cash | NUEIX | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.71 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Northern is performing at about 9% of its full potential. 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 by adding it to a well-diversified portfolio.
Northern Fundamentals Growth
Northern Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Northern, and Northern fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Northern Mutual Fund performance.
| Total Asset | 498.27 M | ||||
About Northern Performance
Evaluating Northern's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Northern has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Northern has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
In seeking long-term capital appreciation, the fund will invest, under normal circumstances, at least 80 percent of its net assets in equity securities of large and mid-capitalization U.S. companies that the investment adviser believes have favorable environmental, social and governance characteristics under a third-party vendors rating methodology.Things to note about Northern Quality Esg performance evaluation
Checking the ongoing alerts about Northern for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Northern Quality Esg help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Northern's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Northern's mutual fund performance include:- Analyzing Northern's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Northern's stock is overvalued or undervalued compared to its peers.
- Examining Northern's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Northern's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Northern's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Northern's mutual fund. These opinions can provide insight into Northern's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Northern Mutual Fund
Northern 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 security.
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