Northern High Three Year Return vs. Last Dividend Paid

NHFIX Fund  USD 6.05  0.01  0.17%   
Considering the key profitability indicators obtained from Northern High's historical financial statements, Northern High Yield may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Northern High's ability to earn profits and add value for shareholders.
For Northern High profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Northern High to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Northern High Yield utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Northern High's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Northern High Yield over time as well as its relative position and ranking within its peers.
  
Check out Correlation Analysis.
Please note, there is a significant difference between Northern High's value and its price as these two are different measures arrived at by different means. Investors typically determine if Northern High is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northern High'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 High Yield Last Dividend Paid vs. Three Year Return Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Northern High's current stock value. Our valuation model uses many indicators to compare Northern High value to that of its competitors to determine the firm's financial worth.
Northern High Yield is number one fund in three year return among similar funds. It also is number one fund in last dividend paid among similar funds creating about  0.01  of Last Dividend Paid per Three Year Return. The ratio of Three Year Return to Last Dividend Paid for Northern High Yield is roughly  96.54 . 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 High's earnings, one of the primary drivers of an investment's value.

Northern Last Dividend Paid vs. Three Year Return

Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.

Northern High

Three Year Return

 = 

(Mean of Monthly Returns - 1)

X

100%

 = 
2.90 %
Although Three Year Fund Return indicator can give a sense of overall fund mid-term potential, it is recommended to compare fund performances against other similar funds, ETFs, or market benchmarks for the same 3 year interval.
Last Dividend Paid refers to dividend per share(DPS) paid to the shareholder the last time dividends were issued by a company. In its conventional sense, dividends refer to the distribution of some of a company's net earnings or capital gains decided by the board of directors.

Northern High

Last Dividend

 = 

Last Profit Distribution Amount

Total Shares

 = 
0.03
Many stable companies today pay out dividends to their shareholders in the form of the income distribution, but high-growth firms rarely offer dividends because all of their earnings are reinvested back to the business.

Northern Last Dividend Paid Comparison

Northern High is currently under evaluation in last dividend paid among similar funds.

Northern High Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Northern High, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Northern High will eventually generate negative long term returns. The profitability progress is the general direction of Northern High's change in net profit over the period of time. It can combine multiple indicators of Northern High, 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 at least 80 percent of its net assets in lower quality bonds and other fixed-income securities . Lower quality or below-investment grade securities are rated BB, Ba or lower by a Nationally Recognized Statistical Rating Organization , or unrated securities determined to be of comparable quality by the funds investment adviser.

Northern Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Northern High. 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 High 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 High's important profitability drivers and their relationship over time.

Use Northern High 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 High 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 High will appreciate offsetting losses from the drop in the long position's value.

Northern High Pair Trading

Northern High Yield Pair Trading Analysis

The ability to find closely correlated positions to Northern High 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 High 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 High - 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 High Yield to buy it.
The correlation of Northern High 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 High moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Northern High Yield 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 High 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Northern High position

In addition to having Northern High 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 Airlines Thematic Idea Now

Airlines
Airlines Theme
Domestic and international airlines and airline services. The Airlines theme has 39 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 Airlines Theme or any other thematic opportunities.
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Other Information on Investing in Northern Mutual Fund

To fully project Northern High's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Northern High Yield 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 High's income statement, its balance sheet, and the statement of cash flows.
Potential Northern High investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Northern High investors may work on each financial statement separately, they are all related. The changes in Northern High's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Northern High's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
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