Northern Funds Alpha and Beta Analysis

NOLVX -- USA Fund  

USD 17.96  0.10  0.55%

This module allows you to check different measures of market premium (i.e. an alpha and beta) for Northern Funds Large Cap Value as well as systematic risk associated with investing in Northern Funds over a specified time horizon. Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility againt benchmark. The goal is to know if an investor is being compensated for the volatility risk taken.The return on investment might be better than a benchmark but still not compensate for the assumption of the volatility risk. Additionally see Northern Funds Backtesting, Portfolio Optimization, Northern Funds Correlation, Northern Funds Hype Analysis, Northern Funds Volatility, Northern Funds History and analyze Northern Funds Performance.

Northern Funds Market Premiums

α0.015172   β0.11
30 days against DJI

Northern Funds expected buy-and-hold returns

Northern Funds Market Price Analysis

Northern Funds Return and Market Media

The median price of Northern Funds for the period between Mon, Nov 25, 2019 and Sun, Feb 23, 2020 is 18.06 with a coefficient of variation of 0.82. The daily time series for the period is distributed with a sample standard deviation of 0.15, arithmetic mean of 18.03, and mean deviation of 0.11. The Fund received some media coverage during the period.
 Price Growth (%)  
3 Northern Mutual Funds for a Winning Portfolio - Yahoo Fina...12/17/2019