Ultra-short Fixed Competition

SWSFX Fund

USD 10.32 0.01 0.1%

Ultra Short Fixed competes with Janus Global, Fidelity Advisor, Great-west Moderately, Lord Abbett, and Federated Hermes; as well as few others. The fund is listed under Ultrashort Bond category and is part of Northern Funds family. The entity is thematically classified as Consumer Funds. Analyzing Ultra-short Fixed competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Ultra-short Fixed to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Ultra-short Fixed Correlation with its peers.

You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Ultra-short Fixed competition on your existing holdings.

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Hype

Prediction

Low	Estimated	High
10.22	10.32	10.42

Details

Intrinsic

Valuation

Low	Real	High
10.10	10.20	11.35

Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Ultra-short Fixed. Your research has to be compared to or analyzed against Ultra-short Fixed's peers to derive any actionable benefits. When done correctly, Ultra-short Fixed's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Ultra Short Fixed.

Ultra-short Fixed Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Ultra-short Fixed and its competitors represents the degree of relationship between the price movements of corresponding funds. A correlation of about +1.0 implies that the price of Ultra-short and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Ultra Short Fixed does not affect the price movement of the other competitor.

	JCAAX	FZABX	MXDPX	LIGFX	FHCOX	WCAFX	SSTDX
JCAAX		0.81	0.9	0.95	0.19	0.74	0.71	JCAAX
FZABX	0.81		0.83	0.82	0.53	0.79	0.87	FZABX
MXDPX	0.9	0.83		0.9	0.32	0.81	0.83	MXDPX
LIGFX	0.95	0.82	0.9		0.35	0.65	0.75	LIGFX
FHCOX	0.19	0.53	0.32	0.35		0.32	0.73	FHCOX
WCAFX	0.74	0.79	0.81	0.65	0.32		0.83	WCAFX
SSTDX	0.71	0.87	0.83	0.75	0.73	0.83		SSTDX
	JCAAX	FZABX	MXDPX	LIGFX	FHCOX	WCAFX	SSTDX

Click cells to compare fundamentals

Check Volatility

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Risk-Adjusted Indicators

There is a big difference between Ultra-short Mutual Fund performing well and Ultra-short Fixed Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Ultra-short Fixed's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
JCAAX	0.34	0.00	0.00	(0.12)	0.00	0.00	0.68	(0.76)	1.90
FZABX	0.82	0.04	0.00	(0.05)	0.00	0.00	1.45	(1.50)	6.16
MXDPX	0.30	(0.05)	0.00	0.45	0.00	0.00	0.63	(0.73)	1.72
LIGFX	0.33	0.00	0.00	(0.12)	0.00	0.00	0.55	(0.67)	1.75
FHCOX	0.05	0.01	0.00	(0.53)	0.00	0.00	0.10	(0.10)	0.51
WCAFX	0.26	(0.03)	0.00	0.35	0.00	0.00	0.57	(0.46)	1.70
SSTDX	0.14	(0.01)	0.44	0.22	0.17	(0.19)	0.29	(0.29)	0.87

Unable to evaluate fundamental data of [JCAAX, FZABX, MXDPX, LIGFX, FHCOX, WCAFX, SSTDX] at this time. Please try again later

All Fundamental Data

Ultra-short Fixed Competitive Analysis

The better you understand Ultra-short Fixed competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Ultra-short Fixed's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Ultra-short Fixed's competition over several years is one of the best ways to analyze its investment potential.

Better Than Average

Worse Than Peers

View Performance Chart

	SWSFX	JCAAX	FZABX	MXDPX	LIGFX	FHCOX	WCAFX	SSTDX
	0.1 10.32 Ultra-short	0.87 11.65 Janus	2.16 27.40 Fidelity	0.50 8.09 Great-west	0.62 16.12 Lord	0.00 10.02 Federated	0.23 8.78 Wealthbuilder	0.29 10.38 Saat
Market Volatility (90 Days Market Risk)	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady
Market Performance (90 Days Performance)	Solid	Very Weak	Modest	Very Weak	Very Weak	Solid	Very Weak	Modest
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Low	Low	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Fairly Valued	Fairly Valued	Fairly Valued	Over Valued	Fairly Valued	Over Valued	Over Valued	Fairly Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Sell	Hold	Strong Hold	Strong Sell	Hold	Sell	Strong Sell	Hold
Net Asset	N/A	219.63 M	2.09 B	409.09 M	1.56 B	57.95 M	137.69 M	79.32 M
Minimum Initial Investment	N/A	N/A	N/A	N/A	N/A	1000 K	N/A	N/A
Price To Book	N/A	1.93 X	2.30 X	2.14 X	1.53 X	N/A	N/A	2.21 X
Five Year Return	N/A	3.22 %	8.93 %	5.73 %	5.89 %	N/A	2.75 %	2.34 %
One Year Return	N/A	6.10 %	7.56 %	5.89 %	7.80 %	N/A	5.42 %	6.11 %
Last Dividend Paid	N/A	0.26	0.04	0.04	0.02	N/A	0.03	0.01
Price To Earning	N/A	18.40 X	17.28 X	18.77 X	15.43 X	N/A	N/A	17.35 X
Price To Sales	N/A	1.50 X	1.60 X	1.70 X	1.27 X	N/A	N/A	1.16 X
Cash Position Weight	N/A	8.90 %	2.52 %	1.22 %	1.24 %	72.63 %	7.83 %	26.51 %
Equity Positions Weight	N/A	37.60 %	97.02 %	43.82 %	50.24 %	N/A	10.85 %	20.55 %
Three Year Return	N/A	2.05 %	9.44 %	4.23 %	4.63 %	N/A	1.30 %	2.66 %
Annual Yield	N/A	0.02 %	0.02 %	0.03 %	0.04 %	N/A	0.03 %	0.03 %
Year To Date Return	N/A	1.47 %	9.40 %	1.87 %	1.71 %	N/A	1.32 %	2.35 %
Bond Positions Weight	N/A	22.62 %	N/A	6.36 %	46.58 %	27.37 %	4.70 %	6.98 %
Ten Year Return	N/A	5.06 %	7.74 %	5.86 %	5.79 %	N/A	3.98 %	2.73 %
Daily Balance Of Power	(9,223,372,036,855)	9.2 T	9.2 T	9.2 T	9.2 T	0.0	(9,223,372,036,855)	(9,223,372,036,855)
Day Typical Price	10.32	11.65	27.4	8.09	16.12	10.02	8.78	10.38
Period Momentum Indicator	(0.01)	0.1	0.58	0.04	0.1	N/A	(0.02)	(0.03)
Rate Of Daily Change	1.0	1.01	1.02	1.0	1.01	1.0	1.0	1.0
Day Median Price	10.32	11.65	27.4	8.09	16.12	10.02	8.78	10.38
Price Action Indicator	(0.01)	0.05	0.29	0.02	0.05	N/A	(0.01)	(0.01)
Coefficient Of Variation	471.54	(1,503)	(5,368)	(1,524)	(1,580)	464.33	(2,214)	11722.69
Mean Deviation	0.0506	0.3352	0.8204	0.2975	0.3263	0.047	0.2554	0.1397
Jensen Alpha	0.0104	(0)	0.0419	(0.05)	(0)	0.0078	(0.03)	(0.01)
Total Risk Alpha	0.023	0.0164	0.1124	0.0145	0.0156	0.0214	0.0192	0.0158
Sortino Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0.4386
Downside Variance	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0.0527
Standard Deviation	0.0978	0.4493	1.15	0.4114	0.4134	0.0921	0.3653	0.1926
Kurtosis	12.94	1.6	3.45	1.74	1.06	12.22	3.33	1.82
Potential Upside	0.0982	0.6826	1.45	0.6258	0.5521	0.1007	0.5708	0.2904
Treynor Ratio	(3.26)	(0.12)	(0.05)	0.449	(0.12)	(0.53)	0.3473	0.2193
Maximum Drawdown	0.5871	1.9	6.16	1.72	1.75	0.5051	1.7	0.8738
Variance	0.0096	0.2019	1.32	0.1692	0.1709	0.0085	0.1334	0.0371
Market Risk Adjusted Performance	(3.25)	(0.11)	(0.04)	0.459	(0.11)	(0.52)	0.3573	0.2293
Risk Adjusted Performance	0.1056	(0.07)	(0.01)	(0.07)	(0.07)	0.1029	(0.05)	(0.03)
Skewness	3.37	(0.55)	(1.04)	(0.42)	(0.36)	3.32	(0.21)	(0.41)
Semi Deviation	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0.173
Information Ratio	1.22	0.1539	0.0676	0.1751	0.1763	1.29	0.226	0.5227
Value At Risk	(0.1)	(0.76)	(1.50)	(0.73)	(0.67)	(0.10)	(0.46)	(0.29)
Expected Short fall	N/A	N/A	N/A	N/A	N/A	N/A	N/A	(0.19)
Downside Deviation	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0.2296
Semi Variance	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0.0299

Ultra-short Fixed Competition Performance Charts

Five steps to successful analysis of Ultra-short Fixed Competition

Ultra-short Fixed's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Ultra Short Fixed in relation to its competition. Ultra-short Fixed's competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of Ultra-short Fixed in the market, both direct and indirect, as well as new entrants and disruptive technologies.
Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Ultra-short Fixed's competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Ultra Short Fixed, and developing a strategy to address them.
Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.

Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Ultra-short Fixed position

In addition to having Ultra-short Fixed in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Other Information on Investing in Ultra-short Mutual Fund

Ultra-short Fixed financial ratios help investors to determine whether Ultra-short 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 Ultra-short with respect to the benefits of owning Ultra-short Fixed security.

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