Northern Tax Exempt Fund Analysis
| NOTEX Fund | USD 9.68 0.01 0.10% |
Northern Tax-exempt's financial leverage is the degree to which the firm utilizes its fixed-income securities and uses equity to finance projects. Companies with high leverage are usually considered to be at financial risk. Northern Tax-exempt's financial risk is the risk to Northern Tax-exempt stockholders that is caused by an increase in debt. In other words, with a high degree of financial leverage come high-interest payments, which usually reduce Earnings Per Share (EPS).
Given that Northern Tax-exempt's debt-to-equity ratio measures a Mutual Fund's obligations relative to the value of its net assets, it is usually used by traders to estimate the extent to which Northern Tax-exempt is acquiring new debt as a mechanism of leveraging its assets. A high debt-to-equity ratio is generally associated with increased risk, implying that it has been aggressive in financing its growth with debt. Another way to look at debt-to-equity ratios is to compare the overall debt load of Northern Tax-exempt to its assets or equity, showing how much of the company assets belong to shareholders vs. creditors. If shareholders own more assets, Northern Tax-exempt is said to be less leveraged. If creditors hold a majority of Northern Tax-exempt's assets, the Mutual Fund is said to be highly leveraged.
Northern Tax Exempt Fund is overvalued with Real Value of 8.88 and Hype Value of 9.67. The main objective of Northern Tax-exempt fund analysis is to determine its intrinsic value, which is an estimate of what Northern Tax Exempt Fund is worth, separate from its market price. There are two main types of Northern Mutual Fund analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic stability of Northern Tax Exempt Fund. On the other hand, technical analysis, focuses on the price and volume data of Northern Mutual Fund to identify patterns and trends that may indicate its future price movements.
The Northern Tax-exempt mutual fund is traded in the USA on NMFQS Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA.
Northern |
Northern Mutual Fund Analysis Notes
The fund maintains about 98.01% of assets in bonds. Northern Tax Exempt last dividend was 0.02 per share. Large To find out more about Northern Tax Exempt Fund contact the company at 800-595-9111.Northern Tax Exempt Investment Alerts
| The fund maintains about 98.01% of its assets in bonds |
Northern Tax-exempt Outstanding Bonds
Northern Tax-exempt issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Northern Tax Exempt uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Northern bonds can be classified according to their maturity, which is the date when Northern Tax Exempt Fund has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Northern Tax-exempt Predictive Daily Indicators
Northern Tax-exempt intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Northern Tax-exempt mutual fund daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 9.68 | |||
| Day Typical Price | 9.68 | |||
| Price Action Indicator | 0.005 | |||
| Period Momentum Indicator | 0.01 | |||
| Relative Strength Index | 78.74 |
Northern Tax-exempt Forecast Models
Northern Tax-exempt's time-series forecasting models are one of many Northern Tax-exempt's mutual fund analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Northern Tax-exempt's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.Northern Tax-exempt Assets Financed by Debt
Typically, companies with high debt-to-asset ratios are said to be highly leveraged. The higher the ratio, the greater risk will be associated with the Northern Tax-exempt's operation. In addition, a high debt-to-assets ratio may indicate a low borrowing capacity of Northern Tax-exempt, which in turn will lower the firm's financial flexibility.Northern Tax-exempt Corporate Bonds Issued
About Northern Mutual Fund Analysis
Mutual Fund analysis is the technique used by a trader or investor to examine and evaluate how Northern Tax-exempt prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Northern shares will generate the highest return on investment. We also built our fund analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Fund such as Northern Tax-exempt. By using and applying Northern Mutual Fund analysis, traders can create a robust methodology for identifying Northern entry and exit points for their positions.
In seeking high current income exempt from regular federal income tax, the fund may invest in a broad range of municipal instruments. A municipal instrument is a fixed-income obligation issued by a state, territory or possession of the United States or a political subdivision, agency or instrumentality thereof. Except in extraordinary circumstances, at least 80 percent of the funds net assets will be invested in debt instruments that pay interest that is exempt from regular federal income tax.
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Other Information on Investing in Northern Mutual Fund
Northern Tax-exempt 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 Tax-exempt security.
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