Northern Short Cash Position Weight vs. Year To Date Return
| BSBAX Fund | USD 18.19 0.04 0.22% |
For Northern Short profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Northern Short to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Northern Short Bond utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Northern Short's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Northern Short Bond over time as well as its relative position and ranking within its peers.
Northern |
Northern Short Bond Year To Date Return vs. Cash Position Weight Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Northern Short's current stock value. Our valuation model uses many indicators to compare Northern Short value to that of its competitors to determine the firm's financial worth. Northern Short Bond is the top fund in cash position weight among similar funds. It also is the top fund in year to date return among similar funds creating about 7.09 of Year To Date Return per Cash Position Weight. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Northern Short's earnings, one of the primary drivers of an investment's value.Northern Year To Date Return vs. Cash Position Weight
Percentage of fund asset invested in cash equivalents or risk-free instruments. About 40% of all global funds carry cash on their balance sheet.
Northern Short |
| = | 0.61 % |
Funds or ETFs that have over 40% of their value invested in low-risk instruments or cash equivalents typically attract conservative investors.
Year to Date Return (YTD) is the total return generated from holding a security from the beginning of the current fiscal year. In other words, YTD Return represents the capital appreciation of your investments from the start of the current fiscal year.
Northern Short |
| = | 4.33 % |
Year-To-Date typically refers to a period starting from the beginning of the current year and continuing up to the present day. Investors should becareful when comparing YTD ratios if not much of the year has occurred as research shows that YTD measures are more sensitive to early periods than late.
Northern Year To Date Return Comparison
Northern Short is currently under evaluation in year to date return among similar funds.
Northern Short Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Northern Short, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Northern Short will eventually generate negative long term returns. The profitability progress is the general direction of Northern Short's change in net profit over the period of time. It can combine multiple indicators of Northern Short, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
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.
Northern Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Northern Short. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Northern Short position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Northern Short's important profitability drivers and their relationship over time.
Use Northern Short in pair-trading
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 Short 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 Short will appreciate offsetting losses from the drop in the long position's value.Northern Short Pair Trading
Northern Short Bond Pair Trading Analysis
The ability to find closely correlated positions to Northern Short 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 Short 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 Short - 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 Short Bond to buy it.
The correlation of Northern Short 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 Short moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Northern Short Bond 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 Short 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.Use Investing Themes to Complement your Northern Short position
In addition to having Northern Short in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Computers Thematic Idea Now
Computers
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Computers theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Computers Theme or any other thematic opportunities.
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Other Information on Investing in Northern Mutual Fund
To fully project Northern Short's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Northern Short Bond at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Northern Short's income statement, its balance sheet, and the statement of cash flows.
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