Northern Stock Index Fund Manager Performance Evaluation
| NOSIX Fund | USD 61.97 0.36 0.58% |
The fund secures a Beta (Market Risk) of -0.0216, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Northern Stock are expected to decrease at a much lower rate. During the bear market, Northern Stock is likely to outperform the market.
Risk-Adjusted Performance
10 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Northern Stock Index are ranked lower than 10 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak forward indicators, Northern Stock may actually be approaching a critical reversion point that can send shares even higher in December 2024.
...more| Expense Ratio Date | 29th of July 2022 | |
| Expense Ratio | 0.0500 |
Northern |
Northern Stock Relative Risk vs. Return Landscape
If you would invest 5,737 in Northern Stock Index on August 28, 2024 and sell it today you would earn a total of 384.00 from holding Northern Stock Index or generate 6.69% return on investment over 90 days. Northern Stock Index is currently producing 0.1059% returns and takes up 0.7757% volatility of returns over 90 trading days. Put another way, 6% of traded mutual funds are less volatile than Northern, and 98% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Northern Stock Current Valuation
Overvalued
Today
Please note that Northern Stock's price fluctuation is very steady at this time. At this time, the fund appears to be overvalued. Northern Stock Index secures a last-minute Real Value of $56.03 per share. The latest price of the fund is $61.97. We determine the value of Northern Stock Index 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 Stock is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Northern Mutual Fund. However, Northern Stock'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 61.97 | Real 56.03 | Hype 61.97 |
The intrinsic value of Northern Stock'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 Stock'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 Stock Index 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 Stock more accurately as focusing exclusively on Northern Stock's fundamentals will not take into account other important factors: Northern Stock Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Northern Stock's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Northern Stock Index, and traders can use it to determine the average amount a Northern Stock'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 = 0.1365
| Best Portfolio | Best Equity | |||
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| Cash | NOSIX | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.78 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Northern Stock is performing at about 10% of its full potential. 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 Stock by adding it to a well-diversified portfolio.
Northern Stock Fundamentals Growth
Northern Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Northern Stock, and Northern Stock 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.
| Price To Earning | 19.06 X | ||||
| Price To Book | 2.68 X | ||||
| Price To Sales | 1.87 X | ||||
About Northern Stock Performance
Evaluating Northern Stock's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Northern Stock 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 Stock 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 invest substantially all of its net assets in the equity securities included in the SP 500 Index, in weightings that approximate the relative composition of the securities contained in the SP 500 Index, and in SP 500 Index futures approved by the Commodity Futures Trading Commission. The index is a free float-adjusted market capitalization index consisting of 500 stocks and is a widely recognized measure of large-cap U.S. equities.Things to note about Northern Stock Index performance evaluation
Checking the ongoing alerts about Northern Stock for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Northern Stock Index help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Northern Stock's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Northern Stock's mutual fund performance include:- Analyzing Northern Stock'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 Stock's stock is overvalued or undervalued compared to its peers.
- Examining Northern Stock'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 Stock's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Northern Stock's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Northern Stock's mutual fund. These opinions can provide insight into Northern Stock's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Northern Mutual Fund
Northern Stock 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 Stock security.
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