Northern Arizona Tax Exempt Fund Market Value

NOAZX Fund  USD 9.64  0.01  0.10%   
Northern Arizona's market value is the price at which a share of Northern Arizona trades on a public exchange. It measures the collective expectations of Northern Arizona Tax Exempt investors about its performance. Northern Arizona is trading at 9.64 as of the 4th of March 2025; that is 0.1 percent decrease since the beginning of the trading day. The fund's open price was 9.65.
With this module, you can estimate the performance of a buy and hold strategy of Northern Arizona Tax Exempt and determine expected loss or profit from investing in Northern Arizona over a given investment horizon. Check out Northern Arizona Correlation, Northern Arizona Volatility and Northern Arizona Alpha and Beta module to complement your research on Northern Arizona.
Symbol

Please note, there is a significant difference between Northern Arizona's value and its price as these two are different measures arrived at by different means. Investors typically determine if Northern Arizona is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northern Arizona'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.

Northern Arizona 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Northern Arizona's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Northern Arizona.
0.00
03/15/2023
No Change 0.00  0.0 
In 1 year 11 months and 21 days
03/04/2025
0.00
If you would invest  0.00  in Northern Arizona on March 15, 2023 and sell it all today you would earn a total of 0.00 from holding Northern Arizona Tax Exempt or generate 0.0% return on investment in Northern Arizona over 720 days. Northern Arizona is related to or competes with Hartford Moderate, Franklin Moderate, Massmutual Retiresmart, Tiaa Cref, Moderate Strategy, and Blackrock Moderate. The fund invests at least 80 percent of the funds net assets will be invested in instruments that pay income that is exe... More

Northern Arizona Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Northern Arizona's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Northern Arizona Tax Exempt upside and downside potential and time the market with a certain degree of confidence.

Northern Arizona Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Northern Arizona's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Northern Arizona's standard deviation. In reality, there are many statistical measures that can use Northern Arizona historical prices to predict the future Northern Arizona's volatility.
Hype
Prediction
LowEstimatedHigh
9.439.649.85
Details
Intrinsic
Valuation
LowRealHigh
9.429.639.84
Details
Naive
Forecast
LowNextHigh
9.479.689.89
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
9.529.599.67
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Northern Arizona. Your research has to be compared to or analyzed against Northern Arizona's peers to derive any actionable benefits. When done correctly, Northern Arizona'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 Northern Arizona Tax.

Northern Arizona Tax Backtested Returns

Northern Arizona Tax has Sharpe Ratio of -0.0723, which conveys that the entity had a -0.0723 % return per unit of risk over the last 3 months. Northern Arizona exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Northern Arizona's Risk Adjusted Performance of (0.08), mean deviation of 0.1475, and Standard Deviation of 0.2111 to check out the risk estimate we provide. The fund secures a Beta (Market Risk) of 0.037, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Northern Arizona's returns are expected to increase less than the market. However, during the bear market, the loss of holding Northern Arizona is expected to be smaller as well.

Auto-correlation

    
  -0.06  

Very weak reverse predictability

Northern Arizona Tax Exempt has very weak reverse predictability. Overlapping area represents the amount of predictability between Northern Arizona time series from 15th of March 2023 to 9th of March 2024 and 9th of March 2024 to 4th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Northern Arizona Tax price movement. The serial correlation of -0.06 indicates that barely 6.0% of current Northern Arizona price fluctuation can be explain by its past prices.
Correlation Coefficient-0.06
Spearman Rank Test0.01
Residual Average0.0
Price Variance0.01

Northern Arizona Tax lagged returns against current returns

Autocorrelation, which is Northern Arizona mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Northern Arizona's mutual fund expected returns. We can calculate the autocorrelation of Northern Arizona returns to help us make a trade decision. For example, suppose you find that Northern Arizona has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

Northern Arizona regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Northern Arizona mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Northern Arizona mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Northern Arizona mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Northern Arizona Lagged Returns

When evaluating Northern Arizona's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Northern Arizona mutual fund have on its future price. Northern Arizona autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Northern Arizona autocorrelation shows the relationship between Northern Arizona mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Northern Arizona Tax Exempt.
   Regressed Prices   
       Timeline  

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Northern Mutual Fund

Northern Arizona 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 Arizona security.
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