Northern Tax Bond Positions Weight vs. Annual Yield
| NTAUX Fund | USD 10.17 0.01 0.1% |
For Northern Tax profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Northern Tax to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Northern Tax Advantaged Ultra Short utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Northern Tax's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Northern Tax Advantaged Ultra Short over time as well as its relative position and ranking within its peers.
Northern |
Northern Tax Advantaged Annual Yield vs. Bond Positions Weight Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Northern Tax's current stock value. Our valuation model uses many indicators to compare Northern Tax value to that of its competitors to determine the firm's financial worth. Northern Tax Advantaged Ultra Short is number one fund in bond positions weight among similar funds. It also is number one fund in annual yield among similar funds . The ratio of Bond Positions Weight to Annual Yield for Northern Tax Advantaged Ultra Short is about 897,100 . 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 Tax's earnings, one of the primary drivers of an investment's value.Northern Annual Yield vs. Bond Positions Weight
Percentage of fund asset invested in fixed income securities. About 30% of U.S. mutual funds invest in bonds.
Northern Tax |
| = | 89.71 % |
Funds that have over 60% of asset value invested in bonds or or other fixed income securities would usually attract conservative investors.
Yield generally refers to the amount of cash that is paid back to the owner of a security over a specific time (usually one year). It is expressed as a percentage of current market price, and usually amounts to all the interests and/or dividends paid over a given period. A higher yield allows the shareholders to generate returns on their investments sooner. However, investors should also be aware that a high yield may be a result of market turmoil or increased price volatility.
Northern Tax |
| = | 0.0001 % |
Small firms, start-ups, or companies with high growth potential typically do not pay out dividends or distribute a lot of their profits. These companies will have small yield. Alternatively, more established companies, ETFs, and funds that invest in bonds will have higher yields.
Northern Annual Yield Comparison
Northern Tax is currently under evaluation in annual yield among similar funds.
Northern Tax Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Northern Tax, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Northern Tax will eventually generate negative long term returns. The profitability progress is the general direction of Northern Tax's change in net profit over the period of time. It can combine multiple indicators of Northern Tax, 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, 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.
Northern Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Northern Tax. 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 Tax 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 Tax's important profitability drivers and their relationship over time.
Use Northern Tax 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 Tax 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 Tax will appreciate offsetting losses from the drop in the long position's value.Northern Tax Pair Trading
Northern Tax Advantaged Ultra Short Pair Trading Analysis
The ability to find closely correlated positions to Northern Tax 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 Tax 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 Tax - 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 Tax Advantaged Ultra Short to buy it.
The correlation of Northern Tax 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 Tax moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Northern Tax Advantaged 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 Tax 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 Tax position
In addition to having Northern Tax 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 Energy Funds Thematic Idea Now
Energy Funds
Funds or Etfs investing in energy sector, natural resources, and ecology. The Energy Funds theme has 47 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 Energy Funds Theme or any other thematic opportunities.
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Other Information on Investing in Northern Mutual Fund
To fully project Northern Tax's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Northern Tax Advantaged 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 Tax's income statement, its balance sheet, and the statement of cash flows.
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