Northern Large Financials
| NOLVX Fund | USD 20.74 0.02 0.1% |
Northern |
Please note that past performance is not an indicator of the future performance of Northern Large, its manager's success, or the effectiveness of its strategy. The performance results shown here may have been adversely or favorably impacted by events and economic conditions that may not prevail in the future. Therefore, you must use caution to infer that these results indicate any fund, manager, or strategy's future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Northern Large Fund Summary
Northern Large competes with Edgewood Growth, Hartford Schroders, HUMANA, Morningstar Unconstrained, and High Yield. 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.Specialization | Large Value, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| ISIN | US6651626326 |
| Business Address | Northern Funds |
| Mutual Fund Family | Northern Funds |
| Mutual Fund Category | Large Value |
| Benchmark | NYSE Composite |
| Phone | 800 595 9111 |
| Currency | USD - US Dollar |
You should never invest in Northern Large Cap without having analyzed available financial metrics that contribute to the net asset value (NAV) of the fund. Do not rely on someone else's analysis or guesses about the future performance of Northern Mutual Fund, because this is throwing your money away. Analyzing the key information contained in Northern Large's prospectus and an annual reports, can give you an edge over other investors and help to ensure that your investments perform well for you.
Northern Large Key Financial Ratios
Generally speaking, Northern Large's financial ratios allow both analysts and investors to convert raw data from Northern Large's financial statements into concise, actionable information that can be used to evaluate the performance of Northern Large over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Northern Large Cap reports annually and quarterly.Northern Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Northern Large's current stock value. Our valuation model uses many indicators to compare Northern Large value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Northern Large competition to find correlations between indicators driving Northern Large's intrinsic value. More Info.Northern Large Cap is number one fund in price to earning among similar funds. It is number one fund in price to book among similar funds fabricating about 0.09 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Northern Large Cap is roughly 10.98 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Northern Large by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Northern Large's Mutual Fund. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. 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 Large's earnings, one of the primary drivers of an investment's value.Northern Large Cap Systematic Risk
Northern Large's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Northern Large volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was five with a total number of output elements of fifty-six. The Beta measures systematic risk based on how returns on Northern Large Cap correlated with the market. If Beta is less than 0 Northern Large generally moves in the opposite direction as compared to the market. If Northern Large Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Northern Large Cap is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Northern Large is generally in the same direction as the market. If Beta > 1 Northern Large moves generally in the same direction as, but more than the movement of the benchmark.
Northern Large April 25, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Northern Large help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Northern Large Cap. We use our internally-developed statistical techniques to arrive at the intrinsic value of Northern Large Cap based on widely used predictive technical indicators. In general, we focus on analyzing Northern Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Northern Large's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.775 | |||
| Information Ratio | 0.0371 | |||
| Maximum Drawdown | 3.6 | |||
| Value At Risk | (1.26) | |||
| Potential Upside | 0.9749 |
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 Bonds Directory module to find actively traded corporate debentures issued by US companies.