Northern High Yield Fund Technical Analysis
NHFIX Fund | USD 6.11 0.01 0.16% |
As of the 27th of November, Northern High secures the Mean Deviation of 0.1289, coefficient of variation of 944.21, and Risk Adjusted Performance of 0.0508. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Northern High Yield, as well as the relationship between them.
Northern High Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Northern, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NorthernNorthern |
Northern High technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Northern High Yield Technical Analysis
The output start index for this execution was four with a total number of output elements of fifty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Northern High Yield volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Northern High Yield Trend Analysis
Use this graph to draw trend lines for Northern High Yield. You can use it to identify possible trend reversals for Northern High as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Northern High price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Northern High Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Northern High Yield applied against its price change over selected period. The best fit line has a slop of 0.0008 , which means Northern High Yield will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.02, which is the sum of squared deviations for the predicted Northern High price change compared to its average price change.About Northern High Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Northern High Yield on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Northern High Yield based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Northern High Yield price pattern first instead of the macroeconomic environment surrounding Northern High Yield. By analyzing Northern High's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Northern High's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Northern High specific price patterns or momentum indicators. Please read more on our technical analysis page.
Northern High November 27, 2024 Technical Indicators
Most technical analysis of Northern help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Northern from various momentum indicators to cycle indicators. When you analyze Northern charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | 0.0508 | |||
Market Risk Adjusted Performance | 0.2003 | |||
Mean Deviation | 0.1289 | |||
Downside Deviation | 0.2244 | |||
Coefficient Of Variation | 944.21 | |||
Standard Deviation | 0.1906 | |||
Variance | 0.0363 | |||
Information Ratio | (0.58) | |||
Jensen Alpha | 0.0037 | |||
Total Risk Alpha | (0.02) | |||
Sortino Ratio | (0.49) | |||
Treynor Ratio | 0.1903 | |||
Maximum Drawdown | 0.9896 | |||
Value At Risk | (0.33) | |||
Potential Upside | 0.3317 | |||
Downside Variance | 0.0503 | |||
Semi Variance | (0) | |||
Expected Short fall | (0.26) | |||
Skewness | 0.994 | |||
Kurtosis | 2.61 |
Northern High November 27, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Northern stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Accumulation Distribution | 0.00 | ||
Daily Balance Of Power | Huge | ||
Rate Of Daily Change | 1.00 | ||
Day Median Price | 6.11 | ||
Day Typical Price | 6.11 | ||
Price Action Indicator | 0.01 |
Other Information on Investing in Northern Mutual Fund
Northern High 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 High security.
Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Risk-Return Analysis View associations between returns expected from investment and the risk you assume |