Northern Short Bond Fund Probability of Future Mutual Fund Price Finishing Under 17.92
| BSBAX Fund | USD 18.19 0.04 0.22% |
Northern |
Northern Short Target Price Odds to finish below 17.92
The tendency of Northern Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to $ 17.92 or more in 90 days |
| 18.19 | 90 days | 17.92 | near 1 |
Based on a normal probability distribution, the odds of Northern Short to drop to $ 17.92 or more in 90 days from now is near 1 (This Northern Short Bond probability density function shows the probability of Northern Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Northern Short Bond price to stay between $ 17.92 and its current price of $18.19 at the end of the 90-day period is about 10.88 .
Assuming the 90 days horizon Northern Short has a beta of 0.0112 suggesting as returns on the market go up, Northern Short average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Northern Short Bond will be expected to be much smaller as well. Additionally Northern Short Bond has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Northern Short Price Density |
| Price |
Predictive Modules for Northern Short
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Northern Short Bond. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Northern Short Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Northern Short is not an exception. The market had few large corrections towards the Northern Short's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Northern Short Bond, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Northern Short within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.02 | |
β | Beta against Dow Jones | 0.01 | |
σ | Overall volatility | 0.05 | |
Ir | Information ratio | -0.37 |
Northern Short Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Northern Short for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Northern Short Bond can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Northern Short Bond generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: Billionaire Bill Ackman Has 45 percent of His Hedge Funds 13.4 Billion Portfolio Invested in Just 3 Stocks - Yahoo Finance | |
| The fund holds about 94.83% of its assets under management (AUM) in fixed income securities |
Northern Short Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Northern Mutual Fund often depends not only on the future outlook of the current and potential Northern Short's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Northern Short's indicators that are reflective of the short sentiment are summarized in the table below.
Northern Short Technical Analysis
Northern Short's future price can be derived by breaking down and analyzing its technical indicators over time. Northern Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Northern Short Bond. In general, you should focus on analyzing Northern Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Northern Short Predictive Forecast Models
Northern Short's time-series forecasting models is one of many Northern Short's mutual fund analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are 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. This non-stationary Northern Short'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 mutual fund market movement and maximize returns from investment trading.
Things to note about Northern Short Bond
Checking the ongoing alerts about Northern Short for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Northern Short Bond help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Northern Short Bond generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: Billionaire Bill Ackman Has 45 percent of His Hedge Funds 13.4 Billion Portfolio Invested in Just 3 Stocks - Yahoo Finance | |
| The fund holds about 94.83% of its assets under management (AUM) in fixed income securities |
Other Information on Investing in Northern Mutual Fund
Northern Short 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 Short security.
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