Northern Stock Index Fund Market Value
| NOSIX Fund | USD 60.45 0.95 1.60% |
| Symbol | Northern |
Northern Stock '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 Stock'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 Stock.
| 01/31/2025 |
| 03/02/2025 |
If you would invest 0.00 in Northern Stock on January 31, 2025 and sell it all today you would earn a total of 0.00 from holding Northern Stock Index or generate 0.0% return on investment in Northern Stock over 30 days. Northern Stock is related to or competes with Northern Small, Northern International, Northern Mid, Northern Bond, and Northern Emerging. The fund will invest substantially all of its net assets in the equity securities included in the SP 500 Index, in weigh... More
Northern Stock 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 Stock'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 Stock Index upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0036 | |||
| Maximum Drawdown | 3.75 | |||
| Value At Risk | (1.52) | |||
| Potential Upside | 1.11 |
Northern Stock Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Northern Stock's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Northern Stock's standard deviation. In reality, there are many statistical measures that can use Northern Stock historical prices to predict the future Northern Stock's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | 0.0067 | |||
| Treynor Ratio | (0.04) |
Northern Stock Index Backtested Returns
Northern Stock Index has Sharpe Ratio of -0.0439, which conveys that the entity had a -0.0439 % return per unit of risk over the last 3 months. Northern Stock exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Northern Stock's Risk Adjusted Performance of (0.01), mean deviation of 0.6501, and Standard Deviation of 0.8523 to check out the risk estimate we provide. The fund secures a Beta (Market Risk) of 0.57, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Northern Stock's returns are expected to increase less than the market. However, during the bear market, the loss of holding Northern Stock is expected to be smaller as well.
Auto-correlation | -0.61 |
Very good reverse predictability
Northern Stock Index has very good reverse predictability. Overlapping area represents the amount of predictability between Northern Stock time series from 31st of January 2025 to 15th of February 2025 and 15th of February 2025 to 2nd 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 Stock Index price movement. The serial correlation of -0.61 indicates that roughly 61.0% of current Northern Stock price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.61 | |
| Spearman Rank Test | -0.65 | |
| Residual Average | 0.0 | |
| Price Variance | 0.8 |
Northern Stock Index lagged returns against current returns
Autocorrelation, which is Northern Stock 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 Stock's mutual fund expected returns. We can calculate the autocorrelation of Northern Stock returns to help us make a trade decision. For example, suppose you find that Northern Stock 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 Stock 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 Stock mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Northern Stock 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 Stock mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Northern Stock Lagged Returns
When evaluating Northern Stock's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Northern Stock mutual fund have on its future price. Northern Stock 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 Stock autocorrelation shows the relationship between Northern Stock mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Northern Stock Index.
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 Stock 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 Stock security.
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk |