Northern Large Cap Fund Alpha and Beta Analysis

NOLVX Fund  USD 21.33  0.09  0.42%   
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Northern Large Cap. It also helps investors analyze the systematic and unsystematic risks associated with investing in Northern Large over a specified time horizon. Remember, high Northern Large's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Northern Large's market risk premium analysis include:
Beta
0.91
Alpha
0.0312
Risk
0.59
Sharpe Ratio
0.27
Expected Return
0.16
Please note that although Northern Large alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., NYSE Composite index.) So in this particular case, Northern Large did 0.03  better than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Northern Large Cap fund's relative risk over its benchmark. Northern Large Cap has a beta of 0.91  . Northern Large returns are very sensitive to returns on the market. As the market goes up or down, Northern Large is expected to follow. .
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the 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 its reference but still not compensate for the assumption of the risk.
  
Check out Northern Large Backtesting, Portfolio Optimization, Northern Large Correlation, Northern Large Hype Analysis, Northern Large Volatility, Northern Large History and analyze Northern Large Performance.

Northern Large Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Northern Large market risk premium is the additional return an investor will receive from holding Northern Large long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Northern Large. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Northern Large's performance over market.
α0.03   β0.91

Northern Large expected buy-and-hold returns

Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Northern Large's Buy-and-hold return. Our buy-and-hold chart shows how Northern Large performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

Northern Large Market Price Analysis

Market price analysis indicators help investors to evaluate how Northern Large mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Northern Large shares will generate the highest return on investment. By understating and applying Northern Large mutual fund market price indicators, traders can identify Northern Large position entry and exit signals to maximize returns.

Northern Large Return and Market Media

The median price of Northern Large for the period between Fri, Dec 29, 2023 and Thu, Mar 28, 2024 is 19.7 with a coefficient of variation of 2.92. The daily time series for the period is distributed with a sample standard deviation of 0.58, arithmetic mean of 19.91, and mean deviation of 0.5. The Fund did not receive any noticable media coverage during the period.
 Price Growth (%)  
       Timeline  

About Northern Large Beta and Alpha

For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Northern or other funds. Alpha measures the amount that position in Northern Large Cap has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Northern Large in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Northern Large's short interest history, or implied volatility extrapolated from Northern Large options trading.

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Complementary Tools for Northern Mutual Fund analysis

When running Northern Large's price analysis, check to measure Northern Large's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Northern Large is operating at the current time. Most of Northern Large's value examination focuses on studying past and present price action to predict the probability of Northern Large's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Northern Large's price. Additionally, you may evaluate how the addition of Northern Large to your portfolios can decrease your overall portfolio volatility.
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Northern Large technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
A focus of Northern Large technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Northern Large trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...