Northern High Financials
| NHFIX Fund | USD 6.12 0.01 0.16% |
Northern |
Please note that you must use caution to infer results of funds 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 High Fund Summary
Northern High competes with Northern Emerging, Northern Global, Northern International, Northern Small, and Northern Fixed. The fund will invest at least 80 percent of its net assets in lower quality bonds and other fixed-income securities . Lower quality or below-investment grade securities are rated BB, Ba or lower by a Nationally Recognized Statistical Rating Organization , or unrated securities determined to be of comparable quality by the funds investment adviser.Specialization | High Yield Bond, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| ISIN | US6651626995 |
| Business Address | Northern Funds |
| Mutual Fund Family | Northern Funds |
| Mutual Fund Category | High Yield Bond |
| Benchmark | Dow Jones Industrial |
| Phone | 800 595 9111 |
| Currency | USD - US Dollar |
Northern High Key Financial Ratios
Northern Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Northern High's current stock value. Our valuation model uses many indicators to compare Northern High value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Northern High competition to find correlations between indicators driving Northern High's intrinsic value. More Info.Northern High Yield is number one fund in annual yield among similar funds. It also is number one fund in year to date return among similar funds creating about 2,018 of Year To Date Return per Annual Yield. 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 High's earnings, one of the primary drivers of an investment's value.Northern High Yield Systematic Risk
Northern High's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Northern High 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 fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Northern High Yield correlated with the market. If Beta is less than 0 Northern High generally moves in the opposite direction as compared to the market. If Northern High Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Northern High Yield is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Northern High is generally in the same direction as the market. If Beta > 1 Northern High moves generally in the same direction as, but more than the movement of the benchmark.
Northern High December 4, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Northern High help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Northern High Yield. We use our internally-developed statistical techniques to arrive at the intrinsic value of Northern High Yield 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 High's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.2244 | |||
| Information Ratio | (0.46) | |||
| Maximum Drawdown | 0.9896 | |||
| Value At Risk | (0.33) | |||
| Potential Upside | 0.3317 |
Other Information on Investing in Northern Mutual Fund
Northern High financial ratios help investors to determine whether Northern Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Northern with respect to the benefits of owning Northern High security.
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas |