Northern Funds Etf Market Value
| TIPB Etf | 99.88 0.14 0.14% |
| Symbol | Northern |
The market value of Northern Funds 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 Funds' value that differs from its market value or its book value, called intrinsic value, which is Northern Funds' 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 Funds' market value can be influenced by many factors that don't directly affect Northern Funds' 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 Funds' value and its price as these two are different measures arrived at by different means. Investors typically determine if Northern Funds is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northern Funds' 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 Funds '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 Funds' etf 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 Funds.
| 06/28/2025 |
| 12/25/2025 |
If you would invest 0.00 in Northern Funds on June 28, 2025 and sell it all today you would earn a total of 0.00 from holding Northern Funds or generate 0.0% return on investment in Northern Funds over 180 days. Northern Funds is related to or competes with Morningstar Unconstrained, Thrivent High, Via Renewables, T Rowe, Sitka Gold, MSCI ACWI, and Lottery. Northern Funds is entity of United States More
Northern Funds 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 Funds' etf 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 Funds upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.46) | |||
| Maximum Drawdown | 0.7296 | |||
| Value At Risk | (0.21) | |||
| Potential Upside | 0.2209 |
Northern Funds Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Northern Funds' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Northern Funds' standard deviation. In reality, there are many statistical measures that can use Northern Funds historical prices to predict the future Northern Funds' volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.02) | |||
| Treynor Ratio | 0.7497 |
Northern Funds Backtested Returns
At this point, Northern Funds is very steady. Northern Funds has Sharpe Ratio of 0.0316, which conveys that the entity had a 0.0316 % return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Northern Funds, which you can use to evaluate the volatility of the etf. Please verify Northern Funds' Risk Adjusted Performance of (0.04), mean deviation of 0.1163, and Standard Deviation of 0.1486 to check out if the risk estimate we provide is consistent with the expected return of 0.0047%. The etf secures a Beta (Market Risk) of -0.0138, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Northern Funds are expected to decrease at a much lower rate. During the bear market, Northern Funds is likely to outperform the market.
Auto-correlation | 0.67 |
Good predictability
Northern Funds has good predictability. Overlapping area represents the amount of predictability between Northern Funds time series from 28th of June 2025 to 26th of September 2025 and 26th of September 2025 to 25th of December 2025. 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 Funds price movement. The serial correlation of 0.67 indicates that around 67.0% of current Northern Funds price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.67 | |
| Spearman Rank Test | 0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
Northern Funds lagged returns against current returns
Autocorrelation, which is Northern Funds etf'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 Funds' etf expected returns. We can calculate the autocorrelation of Northern Funds returns to help us make a trade decision. For example, suppose you find that Northern Funds has exhibited high autocorrelation historically, and you observe that the etf 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 Funds 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 Funds etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Northern Funds etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Northern Funds etf over time.
Current vs Lagged Prices |
| Timeline |
Northern Funds Lagged Returns
When evaluating Northern Funds' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Northern Funds etf have on its future price. Northern Funds 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 Funds autocorrelation shows the relationship between Northern Funds etf current value and its past values and can show if there is a momentum factor associated with investing in Northern Funds.
Regressed Prices |
| Timeline |
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 Etf
Northern Funds financial ratios help investors to determine whether Northern Etf 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 Funds security.