Northern Ebit Per Revenue from 2010 to 2024
| NTRSO Preferred Stock | USD 20.10 0.26 1.28% |
Check Northern Trust financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Northern Trust's main balance sheet or income statement drivers, such as , as well as many indicators such as . Northern financial statements analysis is a perfect complement when working with Northern Trust Valuation or Volatility modules.
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About Northern Trust Financial Statements
Northern Trust investors utilize fundamental indicators, such as Ebit Per Revenue, to predict how Northern Preferred Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Northern Trust Corporation, a financial holding company, provides wealth management, asset servicing, asset management, and banking solutions for corporations, institutions, families, and individuals worldwide. The company was founded in 1889 and is headquartered in Chicago, Illinois. Northern Trust operates under Asset Management classification in the United States and is traded on NASDAQ Exchange. It employs 23100 people.
Pair Trading with Northern Trust
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Northern Trust position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Northern Trust will appreciate offsetting losses from the drop in the long position's value.Moving together with Northern Preferred Stock
Moving against Northern Preferred Stock
| 0.81 | FSK | FS KKR Capital | PairCorr |
| 0.81 | KKR | KKR Co LP | PairCorr |
| 0.8 | PAX | Patria Investments | PairCorr |
| 0.79 | FHI | Federated Investors Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.77 | STT | State Street Corp Fiscal Year End 17th of January 2025 | PairCorr |
The ability to find closely correlated positions to Northern Trust could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Northern Trust when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Northern Trust - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Northern Trust to buy it.
The correlation of Northern Trust is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Northern Trust moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Northern Trust moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Northern Trust can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Northern Preferred Stock
Northern Trust financial ratios help investors to determine whether Northern Preferred Stock 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 Trust security.