Northern Large Cap Fund Manager Performance Evaluation
| NOLVX Fund | USD 20.26 0.05 0.25% |
The fund secures a Beta (Market Risk) of 0.9, which conveys possible diversification benefits within a given portfolio. Northern Large returns are very sensitive to returns on the market. As the market goes up or down, Northern Large is expected to follow.
Risk-Adjusted Performance
8 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Northern Large Cap are ranked lower than 8 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, Northern Large is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio Date | 29th of July 2022 | |
| Expense Ratio | 0.5600 |
Northern |
Northern Large Relative Risk vs. Return Landscape
If you would invest 1,941 in Northern Large Cap on January 20, 2024 and sell it today you would earn a total of 85.00 from holding Northern Large Cap or generate 4.38% return on investment over 90 days. Northern Large Cap is currently producing 0.0713% returns and takes up 0.6556% volatility of returns over 90 trading days. Put another way, 5% of traded mutual funds are less volatile than Northern, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Northern Large Current Valuation
Fairly Valued
Today
Please note that Northern Large's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Northern Large Cap secures a last-minute Real Value of $20.29 per share. The latest price of the fund is $20.26. We determine the value of Northern Large Cap from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will merge together.
Our valuation method for Northern Large Cap is useful when determining the fair value of the Northern mutual fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of Northern Large. Since Northern Large is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Northern Mutual Fund. However, Northern Large's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 20.26 | Real 20.29 | Hype 20.26 | Naive 19.84 |
The real value of Northern Mutual Fund, also known as its intrinsic value, is the underlying worth of Northern Large Cap Mutual Fund, which is reflected in its stock price. It is based on Northern Large's financial performance, assets, liabilities, growth prospects, management team, or industry conditions. The intrinsic value of Northern Large's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Northern Large's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Northern Large Cap helps investors to forecast how Northern mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Northern Large more accurately as focusing exclusively on Northern Large's fundamentals will not take into account other important factors: Northern Large Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Northern Large's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Northern Large Cap, and traders can use it to determine the average amount a Northern Large's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1087
| Best Portfolio | Best Equity | |||
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| Cash | NOLVX | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.66 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Northern Large is performing at about 8% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Northern Large by adding it to a well-diversified portfolio.
Northern Large Fundamentals Growth
Northern Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Northern Large, and Northern Large fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Northern Mutual Fund performance.
| Price To Earning | 16.47 X | ||||
| Price To Book | 1.50 X | ||||
| Price To Sales | 1.03 X | ||||
About Northern Large Performance
To evaluate Northern Large Cap Mutual Fund as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Northern Large generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Northern Mutual Fund's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Northern Large Cap market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Northern's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.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.Things to note about Northern Large Cap performance evaluation
Checking the ongoing alerts about Northern Large for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Northern Large Cap help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Northern Large's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Northern Large's mutual fund performance include:- Analyzing Northern Large's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Northern Large's stock is overvalued or undervalued compared to its peers.
- Examining Northern Large's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Northern Large's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Northern Large's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Northern Large's mutual fund. These opinions can provide insight into Northern Large's potential for growth and whether the stock is currently undervalued or overvalued.
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 Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.