Northern Short Bond Fund Manager Performance Evaluation
| BSBAX Fund | USD 18.19 0.04 0.22% |
The fund secures a Beta (Market Risk) of 0.0112, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Northern Short's returns are expected to increase less than the market. However, during the bear market, the loss of holding Northern Short is expected to be smaller as well.
Risk-Adjusted Performance
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Weak | Strong |
Very Weak
Over the last 90 days Northern Short Bond has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong basic indicators, Northern Short is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio Date | 29th of July 2022 | |
| Expense Ratio | 0.4000 |
Northern |
Northern Short Relative Risk vs. Return Landscape
If you would invest 1,831 in Northern Short Bond on September 23, 2024 and sell it today you would lose (12.00) from holding Northern Short Bond or give up 0.66% of portfolio value over 90 days. Northern Short Bond is currently producing negative expected returns and takes up 0.1149% volatility of returns over 90 trading days. Put another way, 1% of traded mutual funds are less volatile than Northern, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Northern Short Current Valuation
Fairly Valued
Today
Please note that Northern Short's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Northern Short Bond secures a last-minute Real Value of $18.03 per share. The latest price of the fund is $18.19. We determine the value of Northern Short Bond from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will merge together.
Since Northern Short is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Northern Mutual Fund. However, Northern Short's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 18.19 | Real 18.03 | Hype 18.19 |
The intrinsic value of Northern Short's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Northern Short's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Northern Short Bond helps investors to forecast how Northern mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Northern Short more accurately as focusing exclusively on Northern Short's fundamentals will not take into account other important factors: Northern Short Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Northern Short's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Northern Short Bond, and traders can use it to determine the average amount a Northern Short's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0876
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| Negative Returns | BSBAX |
Estimated Market Risk
| 0.11 actual daily | 0 100% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Northern Short 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 Short by adding Northern Short to a well-diversified portfolio.
Northern Short Fundamentals Growth
Northern Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Northern Short, and Northern Short fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Northern Mutual Fund performance.
About Northern Short Performance
Evaluating Northern Short's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Northern Short has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Northern Short has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The fund will invest, under normal circumstances, at least 80 percent of its net assets in bonds and other fixed-income securities. Although the fund primarily invests in investment grade domestic debt obligations, it may also invest up to 20 percent of its total assets in domestic and foreign debt obligations that are rated below-investment grade. The funds dollar-weighted average maturity, under normal circumstances, will range between one and three years.Things to note about Northern Short Bond performance evaluation
Checking the ongoing alerts about Northern Short for important developments is a great way to find new opportunities for your next move. Mutual Fund 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 | |
| The fund holds about 94.83% of its assets under management (AUM) in fixed income securities |
- Analyzing Northern Short's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Northern Short's stock is overvalued or undervalued compared to its peers.
- Examining Northern Short's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Northern Short's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Northern Short's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Northern Short's mutual fund. These opinions can provide insight into Northern Short's potential for growth and whether the stock is currently undervalued or overvalued.
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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