Northern Tax Exempt Fund Market Value
| NOTEX Fund | USD 9.65 0.01 0.10% |
| Symbol | Northern |
Northern Tax-exempt 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Northern Tax-exempt's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Northern Tax-exempt.
| 11/22/2025 |
| 02/20/2026 |
If you would invest 0.00 in Northern Tax-exempt on November 22, 2025 and sell it all today you would earn a total of 0.00 from holding Northern Tax Exempt Fund or generate 0.0% return on investment in Northern Tax-exempt over 90 days. Northern Tax-exempt is related to or competes with Northern Bond, Northern E, Northern Arizona, Northern Emerging, Northern Fixed, Northern Income, and Northern International. In seeking high current income exempt from regular federal income tax, the fund may invest in a broad range of municipal... More
Northern Tax-exempt Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Northern Tax-exempt's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Northern Tax Exempt Fund upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.1783 | |||
| Information Ratio | (0.34) | |||
| Maximum Drawdown | 0.6312 | |||
| Value At Risk | (0.11) | |||
| Potential Upside | 0.1055 |
Northern Tax-exempt Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Northern Tax-exempt's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Northern Tax-exempt's standard deviation. In reality, there are many statistical measures that can use Northern Tax-exempt historical prices to predict the future Northern Tax-exempt's volatility.| Risk Adjusted Performance | 0.1011 | |||
| Jensen Alpha | 0.0129 | |||
| Total Risk Alpha | 0.0057 | |||
| Sortino Ratio | (0.22) | |||
| Treynor Ratio | 0.7756 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Northern Tax-exempt'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 Tax-exempt February 20, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1011 | |||
| Market Risk Adjusted Performance | 0.7856 | |||
| Mean Deviation | 0.0763 | |||
| Downside Deviation | 0.1783 | |||
| Coefficient Of Variation | 487.87 | |||
| Standard Deviation | 0.1161 | |||
| Variance | 0.0135 | |||
| Information Ratio | (0.34) | |||
| Jensen Alpha | 0.0129 | |||
| Total Risk Alpha | 0.0057 | |||
| Sortino Ratio | (0.22) | |||
| Treynor Ratio | 0.7756 | |||
| Maximum Drawdown | 0.6312 | |||
| Value At Risk | (0.11) | |||
| Potential Upside | 0.1055 | |||
| Downside Variance | 0.0318 | |||
| Semi Variance | (0.02) | |||
| Expected Short fall | (0.14) | |||
| Skewness | 0.7312 | |||
| Kurtosis | 6.19 |
Northern Tax Exempt Backtested Returns
At this stage we consider Northern Mutual Fund to be very steady. Northern Tax Exempt has Sharpe Ratio of 0.2, which conveys that the entity had a 0.2 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Northern Tax-exempt, which you can use to evaluate the volatility of the fund. Please verify Northern Tax-exempt's Risk Adjusted Performance of 0.1011, coefficient of variation of 487.87, and Mean Deviation of 0.0763 to check out if the risk estimate we provide is consistent with the expected return of 0.0231%. The fund secures a Beta (Market Risk) of 0.0178, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Northern Tax-exempt's returns are expected to increase less than the market. However, during the bear market, the loss of holding Northern Tax-exempt is expected to be smaller as well.
Auto-correlation | 0.61 |
Good predictability
Northern Tax Exempt Fund has good predictability. Overlapping area represents the amount of predictability between Northern Tax-exempt time series from 22nd of November 2025 to 6th of January 2026 and 6th of January 2026 to 20th of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Northern Tax Exempt price movement. The serial correlation of 0.61 indicates that roughly 61.0% of current Northern Tax-exempt price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.61 | |
| Spearman Rank Test | 0.46 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Northern Mutual Fund
Northern Tax-exempt 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 Tax-exempt security.
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