Northern Emerging Markets Fund Price on December 9, 2024
NOEMX Fund | USD 11.22 0.08 0.71% |
If you're considering investing in Northern Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Northern Emerging stands at 11.22, as last reported on the 30th of December, with the highest price reaching 11.22 and the lowest price hitting 11.22 during the day. Northern Emerging Markets has Sharpe Ratio of -0.17, which conveys that the entity had a -0.17% return per unit of risk over the last 3 months. Northern Emerging exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Northern Emerging's Risk Adjusted Performance of (0.14), standard deviation of 0.9009, and Mean Deviation of 0.6703 to check out the risk estimate we provide.
Northern Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Northern |
Sharpe Ratio = -0.1716
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Estimated Market Risk
0.9 actual daily | 8 92% of assets are more volatile |
Expected Return
-0.15 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.17 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Northern Emerging is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Northern Emerging by adding Northern Emerging to a well-diversified portfolio.
Northern Emerging Valuation on December 9, 2024
It is possible to determine the worth of Northern Emerging on a given historical date. On December 9, 2024 Northern was worth 11.96 at the beginning of the trading date compared to the closed value of 11.96. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Northern Emerging mutual fund. Still, in general, we apply an absolute valuation method to find Northern Emerging's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Northern Emerging where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Northern Emerging's related companies.
Open | High | Low | Close | Volume | |
11.78 | 11.78 | 11.78 | 11.78 | 1.00 | |
12/09/2024 | 11.96 | 11.96 | 11.96 | 11.96 | 1.00 |
11.84 | 11.84 | 11.84 | 11.84 | 1.00 |
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Northern Emerging Trading Date Momentum on December 9, 2024
On December 10 2024 Northern Emerging Markets was traded for 11.84 at the closing time. The highest daily price throughout the period was 11.84 and the lowest price was 11.84 . There was no trading activity during the period 1.0. Lack of trading volume on 12/10/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 1.00% . The trading delta at closing time to current closing price is 6.44% . |
Northern Emerging Markets Fundamentals Correlations and Trends
By evaluating Northern Emerging's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Northern Emerging's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Northern financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Northern Emerging Mutual Fund history
Northern Emerging investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Northern is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Northern Emerging Markets will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Northern Emerging stock prices may prove useful in developing a viable investing in Northern Emerging
The fund will invest substantially all of its net assets in equity securities, in weightings that approximate the relative composition of the securities included in the index, in American Depository Receipts, European Depository Receipts, and Global Depository Receipts representing such securities, and in MSCI Emerging Markets Index futures approved by the Commodity Futures Trading Commission. Northern Emerging is traded on NASDAQ Exchange in the United States.
Northern Emerging Mutual Fund Technical Analysis
Northern Emerging 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.
Price Boundaries
Northern Emerging Period Price Range
Low | December 30, 2024
| High |
0.00 | 0.00 |
Northern Emerging Markets cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Northern Emerging December 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Northern Emerging mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Northern Emerging shares will generate the highest return on investment. By undertsting and applying Northern Emerging mutual fund market strength indicators, traders can identify Northern Emerging Markets entry and exit signals to maximize returns
Northern Emerging Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Northern Emerging's price direction in advance. Along with the technical and fundamental analysis of Northern Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Northern to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | (0.14) | |||
Jensen Alpha | (0.17) | |||
Total Risk Alpha | (0.19) | |||
Treynor Ratio | (1.29) |
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Volume Indicators |
Other Information on Investing in Northern Mutual Fund
Northern Emerging 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 Emerging security.
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