Northern Trust Etf One Year Return

QDYN Etf  USD 61.09  0.00  0.00%   
Northern Trust fundamentals help investors to digest information that contributes to Northern Trust's financial success or failures. It also enables traders to predict the movement of Northern Etf. The fundamental analysis module provides a way to measure Northern Trust's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Northern Trust etf.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Northern Trust ETF One Year Return Analysis

Northern Trust's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.

One Year Return

 = 

(Mean of Monthly Returns - 1)

X

100%

More About One Year Return | All Equity Analysis

Current Northern Trust One Year Return

    
  (11.21) %  
Most of Northern Trust's fundamental indicators, such as One Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Northern Trust is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
Competition

Based on the recorded statements, Northern Trust has an One Year Return of -11.21%. This is 39.78% higher than that of the Flexshares Trust family and significantly lower than that of the Large Value category. The one year return for all United States etfs is notably higher than that of the company.

Northern One Year Return Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Northern Trust's direct or indirect competition against its One Year Return to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Northern Trust could also be used in its relative valuation, which is a method of valuing Northern Trust by comparing valuation metrics of similar companies.
Northern Trust is currently under evaluation in one year return as compared to similar ETFs.

Fund Asset Allocation for Northern Trust

The fund consists of 97.83% investments in stocks, with the rest of investments allocated between various types of exotic instruments.
Asset allocation divides Northern Trust's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.

Northern Fundamentals

About Northern Trust Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Northern Trust's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Northern Trust using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Northern Trust based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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 Etf

  0.61VTV Vanguard Value IndexPairCorr
  0.69VYM Vanguard High DividendPairCorr
  0.72IWD iShares Russell 1000PairCorr
  0.61DGRO iShares Core DividendPairCorr
  0.67IVE iShares SP 500PairCorr

Moving against Northern Etf

  0.95VIIX VIIXPairCorr
  0.84PFFL ETRACS 2xMonthly PayPairCorr
  0.84ULE ProShares Ultra EuroPairCorr
  0.69YCL ProShares Ultra YenPairCorr
  0.66FXY Invesco CurrencySharesPairCorr
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.
Pair CorrelationCorrelation Matching
When determining whether Northern Trust offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Northern Trust's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Northern Trust Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Northern Trust Etf:
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
The market value of Northern Trust is measured differently than its book value, which is the value of Northern that is recorded on the company's balance sheet. Investors also form their own opinion of Northern Trust's value that differs from its market value or its book value, called intrinsic value, which is Northern Trust's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Northern Trust's market value can be influenced by many factors that don't directly affect Northern Trust's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Northern Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if Northern Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northern Trust's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.