Northern Fixed Income Fund Manager Performance Evaluation
| NOFIX Fund | USD 8.88 0.01 0.11% |
The fund secures a Beta (Market Risk) of -0.009, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Northern Fixed are expected to decrease at a much lower rate. During the bear market, Northern Fixed is likely to outperform the market.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Northern Fixed Income has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong forward indicators, Northern Fixed is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio Date | 29th of July 2022 | |
| Expense Ratio | 0.4500 |
Northern |
Northern Fixed Relative Risk vs. Return Landscape
If you would invest 913.00 in Northern Fixed Income on September 18, 2024 and sell it today you would lose (25.00) from holding Northern Fixed Income or give up 2.74% of portfolio value over 90 days. Northern Fixed Income is currently producing negative expected returns and takes up 0.3086% volatility of returns over 90 trading days. Put another way, 2% 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 Fixed Current Valuation
Undervalued
Today
Please note that Northern Fixed's price fluctuation is very steady at this time. At this time, the fund appears to be undervalued. Northern Fixed Income secures a last-minute Real Value of $9.54 per share. The latest price of the fund is $8.88. We determine the value of Northern Fixed Income 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 Fixed is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Northern Mutual Fund. However, Northern Fixed'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 8.88 | Real 9.54 | Hype 8.88 |
The intrinsic value of Northern Fixed'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 Fixed'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 Fixed Income 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 Fixed more accurately as focusing exclusively on Northern Fixed's fundamentals will not take into account other important factors: Northern Fixed Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Northern Fixed's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Northern Fixed Income, and traders can use it to determine the average amount a Northern Fixed'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 = -0.139
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| Negative Returns | NOFIX |
Estimated Market Risk
| 0.31 actual daily | 2 98% of assets are more volatile |
Expected Return
| -0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Northern Fixed 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 Fixed by adding Northern Fixed to a well-diversified portfolio.
Northern Fixed Fundamentals Growth
Northern Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Northern Fixed, and Northern Fixed 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.
About Northern Fixed Performance
Evaluating Northern Fixed's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Northern Fixed 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 Fixed 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.
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 primarily invests in investment grade domestic debt obligations. The funds dollar-weighted average maturity, under normal circumstances, will range between three and fifteen years.Things to note about Northern Fixed Income performance evaluation
Checking the ongoing alerts about Northern Fixed for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Northern Fixed Income help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Northern Fixed generated a negative expected return over the last 90 days | |
| The fund generated three year return of -2.0% | |
| Northern Fixed Income maintains about 95.84% of its assets in bonds |
- Analyzing Northern Fixed'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 Fixed's stock is overvalued or undervalued compared to its peers.
- Examining Northern Fixed'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 Fixed's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Northern Fixed's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Northern Fixed's mutual fund. These opinions can provide insight into Northern Fixed's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Northern Mutual Fund
Northern Fixed 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 Fixed security.
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