Northern Large Cap Fund Quote
NOLVX Fund | USD 21.24 0.31 1.48% |
Performance17 of 100
| Odds Of DistressLess than 33
|
Northern Large is trading at 21.24 as of the 28th of March 2024; that is 1.48 percent up since the beginning of the trading day. The fund's open price was 20.93. Northern Large has about a 33 percent probability of financial distress in the next few years of operation but had a somewhat solid performance during the last 90 days. Equity ratings for Northern Large Cap are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.
In seeking long-term capital appreciation, the fund will invest, under normal circumstances, at least 80 percent of its net assets in equity securities of large capitalization companies. Large capitalization companies generally are considered to be those whose market capitalization is, at the time the fund makes an investment, within the range of the market capitalization of the companies in the Russell 1000 Value Index.. More on Northern Large Cap
Moving together with Northern Mutual Fund
0.78 | USG | USCF Gold Strategy Symbol Change | PairCorr |
0.85 | NOEMX | Northern Emerging Markets | PairCorr |
0.95 | NOIEX | Northern Income Equity | PairCorr |
Northern Mutual Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Northern Large's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Northern Large or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Fund Concentration | Northern Funds, Large Funds, Large Value Funds, Large Value, Northern Funds (View all Sectors) |
Update Date | 31st of March 2024 |
Expense Ratio Date | 29th of July 2022 |
Fiscal Year End | March |
Northern Large Cap [NOLVX] is traded in USA and was established 28th of March 2024. Northern Large is listed under Northern Funds category by Fama And French industry classification. The fund is listed under Large Value category and is part of Northern Funds family. This fund now has accumulated 59.59 M in assets with minimum initial investment of 2.5 K. Northern Large Cap is currently producing year-to-date (YTD) return of 8.37% with the current yeild of 0.03%, while the total return for the last 3 years was 8.61%.
Check Northern Large Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Northern Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Northern Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Northern Large Cap Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Northern Large Cap Mutual Fund Constituents
EXC | Exelon | Stock | Utilities |
MRK | Merck Company | Stock | Health Care |
XOM | Exxon Mobil Corp | Stock | Energy |
CSCO | Cisco Systems | Stock | Information Technology |
INTC | Intel | Stock | Information Technology |
WMT | Walmart | Stock | Consumer Staples |
WFC | Wells Fargo | Stock | Financials |
Northern Large Target Price Odds Analysis
Based on a normal probability distribution, the odds of Northern Large jumping above the current price in 90 days from now is near 1%. The Northern Large Cap probability density function shows the probability of Northern Large mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Northern Large Cap has a beta of -0.1716. This indicates as returns on benchmark increase, returns on holding Northern Large are expected to decrease at a much lower rate. During the bear market, however, Northern Large Cap is likely to outperform the market. Additionally, northern Large Cap has an alpha of 0.158, implying that it can generate a 0.16 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Northern Large to move above the current price in 90 days from now is near 1 (This Northern Large Cap probability density function shows the probability of Northern Mutual Fund to fall within a particular range of prices over 90 days) .
Northern Large Cap Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing 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. Although Northern Large's alpha and beta are two of the key measurements used to evaluate Northern Large's performance over the market, the standard measures of volatility play an important role as well.
Mean Deviation | 0.4309 | |||
Semi Deviation | 0.3552 | |||
Standard Deviation | 0.5583 | |||
Variance | 0.3117 |
Northern Large Against Markets
Picking the right benchmark for Northern Large mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Northern Large mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Northern Large is critical whether you are bullish or bearish towards Northern Large Cap at a given time. Please also check how Northern Large's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Northern Large without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy Northern Mutual Fund?
Before investing in Northern Large, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Northern Large. To buy Northern Large fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Northern Large. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Northern Large fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Northern Large Cap fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Northern Large Cap fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Northern Large Cap, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Northern Large Cap?
The danger of trading Northern Large Cap is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Northern Large is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Northern Large. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Northern Large Cap is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northern Large Cap. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in real. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
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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