Northern Bond Financials
| NOBOX Fund | USD 9.26 0.03 0.33% |
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 Bond Fund Summary
Northern Bond competes with Gmo High, The National, California Bond, Versatile Bond, and Rational/pier. The fund will invest substantially all of its net assets in bonds and other fixed-income securities included in the index in weightings that approximate the relative composition of securities contained in the index. The index measures the investment grade, U.S. dollar-denominated, fixed-rate taxable bond market, including Treasuries, government-related and corporate securities, mortgage-backed securities, asset-backed securities, and commercial mortgage-backed securities.Specialization | Intermediate Core Bond, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| ISIN | US6651625336 |
| Business Address | Northern Funds |
| Mutual Fund Family | Northern Funds |
| Mutual Fund Category | Intermediate Core Bond |
| Benchmark | Dow Jones Industrial |
| Phone | 800 595 9111 |
| Currency | USD - US Dollar |
Northern Bond Key Financial Ratios
Northern Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Northern Bond's current stock value. Our valuation model uses many indicators to compare Northern Bond value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Northern Bond competition to find correlations between indicators driving Northern Bond's intrinsic value. More Info.Northern Bond Index 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 795.09 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 Bond's earnings, one of the primary drivers of an investment's value.Northern Bond Index Systematic Risk
Northern Bond's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Northern Bond 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 Bond Index correlated with the market. If Beta is less than 0 Northern Bond generally moves in the opposite direction as compared to the market. If Northern Bond Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Northern Bond Index is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Northern Bond is generally in the same direction as the market. If Beta > 1 Northern Bond moves generally in the same direction as, but more than the movement of the benchmark.
Northern Bond December 4, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Northern Bond help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Northern Bond Index. We use our internally-developed statistical techniques to arrive at the intrinsic value of Northern Bond Index 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 Bond's daily price indicators and compare them against related drivers.
| Information Ratio | (0.38) | |||
| Maximum Drawdown | 1.31 | |||
| Value At Risk | (0.54) | |||
| Potential Upside | 0.5388 |
Other Information on Investing in Northern Mutual Fund
Northern Bond 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 Bond security.
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