Northern Income Equity Fund Manager Performance Evaluation

NOIEX Fund  USD 18.57  0.02  0.11%   
The fund secures a Beta (Market Risk) of 0.69, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Northern Income's returns are expected to increase less than the market. However, during the bear market, the loss of holding Northern Income is expected to be smaller as well.

Risk-Adjusted Performance

Weak

 
Weak
 
Strong
Compared to the overall equity markets, risk-adjusted returns on investments in Northern Income Equity are ranked lower than 2 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong technical and fundamental indicators, Northern Income is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
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3 Large-Cap Value Funds to Buy as Consumer Confidence Dips Further - TradingView Track All Markets
12/31/2025
Expense Ratio Date31st of July 2025
Expense Ratio0.4900
  

Northern Income Relative Risk vs. Return Landscape

If you would invest  1,827  in Northern Income Equity on October 28, 2025 and sell it today you would earn a total of  30.00  from holding Northern Income Equity or generate 1.64% return on investment over 90 days. Northern Income Equity is currently producing 0.0343% returns and takes up 1.239% volatility of returns over 90 trading days. Put another way, 11% 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  
Assuming the 90 days horizon Northern Income is expected to generate 1.45 times less return on investment than the market. In addition to that, the company is 1.68 times more volatile than its market benchmark. It trades about 0.03 of its total potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.07 per unit of volatility.

Northern Income Current Valuation

Fairly Valued
Today
18.57
Please note that Northern Income's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Northern Income Equity secures a last-minute Real Value of $18.52 per share. The latest price of the fund is $18.57. We determine the value of Northern Income Equity 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 Income is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Northern Mutual Fund. However, Northern Income'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  18.57 Real  18.52 Hype  18.57 Naive  18.58
The intrinsic value of Northern Income'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 Income'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.
18.52
Real Value
19.76
Upside
Estimating the potential upside or downside of Northern Income Equity 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 Income more accurately as focusing exclusively on Northern Income's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
18.2918.5318.76
Details
Hype
Prediction
LowEstimatedHigh
17.3318.5719.81
Details
Naive
Forecast
LowNext ValueHigh
17.3418.5819.82
Details
Below is the normalized historical share price chart for Northern Income Equity extending back to March 31, 1994. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Northern Income stands at 18.57, as last reported on the 26th of January, with the highest price reaching 18.57 and the lowest price hitting 18.57 during the day.
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes

Northern Income Target Price Odds to finish over Current Price

The tendency of Northern Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to move above the current price in 90 days
 18.57 90 days 18.57 
about 15.87
Based on a normal probability distribution, the odds of Northern Income to move above the current price in 90 days from now is about 15.87 (This Northern Income Equity probability density function shows the probability of Northern Mutual Fund to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Northern Income has a beta of 0.69. This indicates as returns on the market go up, Northern Income average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Northern Income Equity will be expected to be much smaller as well. Additionally Northern Income Equity has an alpha of 0.0082, implying that it can generate a 0.008214 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   Northern Income Price Density   
       Price  

Predictive Modules for Northern Income

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Northern Income Equity. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Northern Income'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.
Hype
Prediction
LowEstimatedHigh
17.3318.5719.81
Details
Intrinsic
Valuation
LowRealHigh
17.2818.5219.76
Details
Naive
Forecast
LowNextHigh
17.3418.5819.82
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
18.2918.5318.76
Details

Northern Income Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Northern Income is not an exception. The market had few large corrections towards the Northern Income's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Northern Income Equity, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Northern Income within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0.01
β
Beta against Dow Jones0.69
σ
Overall volatility
0.32
Ir
Information ratio -0.01

Northern Income Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Northern Income for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Northern Income Equity can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Latest headline from news.google.com: 3 Large-Cap Value Funds to Buy as Consumer Confidence Dips Further - TradingView Track All Markets
The fund maintains 99.9% of its assets in stocks

Northern Income Fundamentals Growth

Northern Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Northern Income, and Northern Income 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 Income Performance

Evaluating Northern Income's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Northern Income 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 Income 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 to achieve its investment objective, the fund will, under normal circumstances, invest at least 80 percent of its net assets in income-producing equity securities, including dividend-paying common and preferred stocks. It seeks to provide a high level of current income relative to other mutual funds that invest in equity securities. The fund may use derivatives such as stock index futures contracts to equitize cash and enhance portfolio liquidity.

Things to note about Northern Income Equity performance evaluation

Checking the ongoing alerts about Northern Income for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Northern Income Equity help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Latest headline from news.google.com: 3 Large-Cap Value Funds to Buy as Consumer Confidence Dips Further - TradingView Track All Markets
The fund maintains 99.9% of its assets in stocks
Evaluating Northern Income's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Northern Income's mutual fund performance include:
  • Analyzing Northern Income'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 Income's stock is overvalued or undervalued compared to its peers.
  • Examining Northern Income'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 Income's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Northern Income's management team can help you assess the Mutual Fund's leadership.
  • Pay attention to analyst opinions and ratings of Northern Income's mutual fund. These opinions can provide insight into Northern Income's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Northern Income's mutual fund performance is not an exact science, and many factors can impact Northern Income's mutual fund market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.

Other Information on Investing in Northern Mutual Fund

Northern Income 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 Income security.
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