Northern Trust Stock Market Value
| NTRS Stock | USD 109.46 0.52 0.48% |
| Symbol | Northern |
Northern Trust Price To Book Ratio
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Northern Trust. If investors know Northern will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Northern Trust listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.49 | Dividend Share 3 | Earnings Share 8.03 | Revenue Per Share 38.612 | Quarterly Revenue Growth 0.145 |
The market value of Northern Trust is measured differently than its book value, which is the value of Northern that is recorded on the company's balance sheet. Investors also form their own opinion of Northern Trust's value that differs from its market value or its book value, called intrinsic value, which is Northern Trust's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Northern Trust's market value can be influenced by many factors that don't directly affect Northern Trust's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Northern Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if Northern Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northern Trust's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Northern Trust '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 Trust's stock 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 Trust.
| 12/01/2023 |
| 11/25/2024 |
If you would invest 0.00 in Northern Trust on December 1, 2023 and sell it all today you would earn a total of 0.00 from holding Northern Trust or generate 0.0% return on investment in Northern Trust over 360 days. Northern Trust is related to or competes with PowerUp Acquisition, Aurora Innovation, HUMANA, Barloworld, Morningstar Unconstrained, High-yield Municipal, and Thrivent High. Northern Trust Corporation, a financial holding company, provides wealth management, asset servicing, asset management, ... More
Northern Trust 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 Trust's stock 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 Trust upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.03 | |||
| Information Ratio | 0.1596 | |||
| Maximum Drawdown | 9.54 | |||
| Value At Risk | (1.40) | |||
| Potential Upside | 2.39 |
Northern Trust Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Northern Trust's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Northern Trust's standard deviation. In reality, there are many statistical measures that can use Northern Trust historical prices to predict the future Northern Trust's volatility.| Risk Adjusted Performance | 0.1945 | |||
| Jensen Alpha | 0.2468 | |||
| Total Risk Alpha | 0.1239 | |||
| Sortino Ratio | 0.2314 | |||
| Treynor Ratio | 0.3866 |
Northern Trust Backtested Returns
Northern Trust appears to be very steady, given 3 months investment horizon. Northern Trust has Sharpe Ratio of 0.23, which conveys that the firm had a 0.23% return per unit of risk over the last 3 months. We have found thirty technical indicators for Northern Trust, which you can use to evaluate the volatility of the firm. Please exercise Northern Trust's Mean Deviation of 1.03, risk adjusted performance of 0.1945, and Downside Deviation of 1.03 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Northern Trust holds a performance score of 18. The company secures a Beta (Market Risk) of 0.93, which conveys possible diversification benefits within a given portfolio. Northern Trust returns are very sensitive to returns on the market. As the market goes up or down, Northern Trust is expected to follow. Please check Northern Trust's downside variance, as well as the relationship between the daily balance of power and period momentum indicator , to make a quick decision on whether Northern Trust's current price movements will revert.
Auto-correlation | 0.42 |
Average predictability
Northern Trust has average predictability. Overlapping area represents the amount of predictability between Northern Trust time series from 1st of December 2023 to 29th of May 2024 and 29th of May 2024 to 25th of November 2024. 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 Trust price movement. The serial correlation of 0.42 indicates that just about 42.0% of current Northern Trust price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.42 | |
| Spearman Rank Test | 0.39 | |
| Residual Average | 0.0 | |
| Price Variance | 59.43 |
Northern Trust lagged returns against current returns
Autocorrelation, which is Northern Trust stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Northern Trust's stock expected returns. We can calculate the autocorrelation of Northern Trust returns to help us make a trade decision. For example, suppose you find that Northern Trust has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Northern Trust regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Northern Trust stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Northern Trust stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Northern Trust stock over time.
Current vs Lagged Prices |
| Timeline |
Northern Trust Lagged Returns
When evaluating Northern Trust's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Northern Trust stock have on its future price. Northern Trust autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Northern Trust autocorrelation shows the relationship between Northern Trust stock current value and its past values and can show if there is a momentum factor associated with investing in Northern Trust.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Northern Stock Analysis
When running Northern Trust's price analysis, check to measure Northern Trust's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Northern Trust is operating at the current time. Most of Northern Trust's value examination focuses on studying past and present price action to predict the probability of Northern Trust's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Northern Trust's price. Additionally, you may evaluate how the addition of Northern Trust to your portfolios can decrease your overall portfolio volatility.