Northern Large Cap Fund Probability of Future Mutual Fund Price Finishing Under 16.21
NOLVX Fund | USD 21.24 0.31 1.48% |
Northern |
Northern Large Target Price Odds to finish below 16.21
The tendency of Northern Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current Price | Horizon | Target Price | Odds to drop to $ 16.21 or more in 90 days |
21.24 | 90 days | 16.21 | near 1 |
Based on a normal probability distribution, the odds of Northern Large to drop to $ 16.21 or more 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) . Probability of Northern Large Cap price to stay between $ 16.21 and its current price of $21.24 at the end of the 90-day period is close to 99 .
Assuming the 90 days horizon Northern Large Cap has a beta of -0.17. 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). Northern Large Price Density |
Price |
Predictive Modules for Northern Large
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Northern Large Cap. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Northern Large's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Northern Large Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Northern Large is not an exception. The market had few large corrections towards the Northern Large's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Northern Large Cap, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Northern Large within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.16 | |
β | Beta against NYSE Composite | -0.17 | |
σ | Overall volatility | 0.57 | |
Ir | Information ratio | 0.02 |
Northern Large Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Northern Large for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Northern Large Cap can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.Northern Large Technical Analysis
Northern Large's future price can be derived by breaking down and analyzing its technical indicators over time. Northern Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Northern Large Cap. In general, you should focus on analyzing Northern Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Northern Large Predictive Forecast Models
Northern Large's time-series forecasting models is one of many Northern Large's mutual fund analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Northern Large's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the mutual fund market movement and maximize returns from investment trading.
Things to note about Northern Large Cap
Checking the ongoing alerts about Northern Large for important developments is a great way to find new opportunities for your next move. Our stock 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.
Check out Northern Large Backtesting, Portfolio Optimization, Northern Large Correlation, Northern Large Hype Analysis, Northern Large Volatility, Northern Large History as well as Northern Large Performance. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
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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