Northern Tax Advantaged Ultra Short Fund Manager Performance Evaluation
| NTAUX Fund | USD 10.17 0.01 0.1% |
The fund secures a Beta (Market Risk) of -0.0025, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Northern Tax-advantaged are expected to decrease at a much lower rate. During the bear market, Northern Tax-advantaged is likely to outperform the market.
Risk-Adjusted Performance
OK
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Northern Tax Advantaged Ultra Short are ranked lower than 10 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, Northern Tax-advantaged 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 |
Northern |
Northern Tax-advantaged Relative Risk vs. Return Landscape
If you would invest 1,011 in Northern Tax Advantaged Ultra Short on December 29, 2024 and sell it today you would earn a total of 6.00 from holding Northern Tax Advantaged Ultra Short or generate 0.59% return on investment over 90 days. Northern Tax Advantaged Ultra Short is currently producing 0.0097% returns and takes up 0.0713% volatility of returns over 90 trading days. Put another way, 0% 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 Tax-advantaged Current Valuation
Fairly Valued
Today
Please note that Northern Tax-advantaged's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Northern Tax Advantaged secures a last-minute Real Value of $10.16 per share. The latest price of the fund is $10.17. We determine the value of Northern Tax Advantaged 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 Tax-advantaged is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Northern Mutual Fund. However, Northern Tax-advantaged'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 10.17 | Real 10.16 | Hype 10.17 | Naive 10.16 |
The intrinsic value of Northern Tax-advantaged'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 Tax-advantaged'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 Tax Advantaged Ultra Short 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 Tax-advantaged more accurately as focusing exclusively on Northern Tax-advantaged's fundamentals will not take into account other important factors: Northern Tax-advantaged Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Northern Tax-advantaged's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Northern Tax Advantaged Ultra Short, and traders can use it to determine the average amount a Northern Tax-advantaged'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 = 0.1363
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| NTAUX |
Based on monthly moving average Northern Tax-advantaged is performing at about 10% of its full potential. 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 Tax-advantaged by adding it to a well-diversified portfolio.
Northern Tax-advantaged Fundamentals Growth
Northern Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Northern Tax-advantaged, and Northern Tax-advantaged 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 Tax-advantaged Performance
Evaluating Northern Tax-advantaged's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Northern Tax-advantaged 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 Tax-advantaged 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, under normal circumstances, invest primarily in fixed-income securities. It invests in investment grade domestic debt obligations or of comparable quality as determined by the funds investment adviser.Things to note about Northern Tax Advantaged performance evaluation
Checking the ongoing alerts about Northern Tax-advantaged for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Northern Tax Advantaged help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund maintains about 6.54% of its assets in cash |
- Analyzing Northern Tax-advantaged'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 Tax-advantaged's stock is overvalued or undervalued compared to its peers.
- Examining Northern Tax-advantaged'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 Tax-advantaged's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Northern Tax-advantaged's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Northern Tax-advantaged's mutual fund. These opinions can provide insight into Northern Tax-advantaged's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Northern Mutual Fund
Northern Tax-advantaged 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 Tax-advantaged security.
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