Northern Trust (Germany) Market Value
| NT4 Stock | EUR 105.00 1.00 0.96% |
| Symbol | Northern |
Northern Trust 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Northern Trust's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Northern Trust.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in Northern Trust on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding Northern Trust or generate 0.0% return on investment in Northern Trust over 720 days. Northern Trust is related to or competes with Blackstone, BlackRock, Bank of New York Mellon, Ameriprise Financial, State Street, T Rowe, and Ares Management. Northern Trust Corporation, a financial holding company, provides wealth management, asset servicing, asset management, ... More
Northern Trust Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Northern Trust's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Northern Trust upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.38 | |||
| Information Ratio | 0.1817 | |||
| Maximum Drawdown | 9.46 | |||
| Value At Risk | (1.94) | |||
| Potential Upside | 2.89 |
Northern Trust Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Northern Trust's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Northern Trust's standard deviation. In reality, there are many statistical measures that can use Northern Trust historical prices to predict the future Northern Trust's volatility.| Risk Adjusted Performance | 0.2095 | |||
| Jensen Alpha | 0.3271 | |||
| Total Risk Alpha | 0.1514 | |||
| Sortino Ratio | 0.2126 | |||
| Treynor Ratio | 0.576 |
Northern Trust Backtested Returns
Northern Trust appears to be very steady, given 3 months investment horizon. Northern Trust has Sharpe Ratio of 0.25, which conveys that the firm had a 0.25% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Northern Trust, which you can use to evaluate the volatility of the firm. Please exercise Northern Trust's Downside Deviation of 1.38, risk adjusted performance of 0.2095, and Mean Deviation of 1.17 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Northern Trust holds a performance score of 19. The company secures a Beta (Market Risk) of 0.73, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Northern Trust's returns are expected to increase less than the market. However, during the bear market, the loss of holding Northern Trust is expected to be smaller as well. Please check Northern Trust's maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to make a quick decision on whether Northern Trust's current price movements will revert.
Auto-correlation | -0.49 |
Modest reverse predictability
Northern Trust has modest reverse predictability. Overlapping area represents the amount of predictability between Northern Trust time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Northern Trust price movement. The serial correlation of -0.49 indicates that about 49.0% of current Northern Trust price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.49 | |
| Spearman Rank Test | -0.6 | |
| Residual Average | 0.0 | |
| Price Variance | 63.94 |
Northern Trust lagged returns against current returns
Autocorrelation, which is Northern Trust stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Northern Trust's stock expected returns. We can calculate the autocorrelation of Northern Trust returns to help us make a trade decision. For example, suppose you find that Northern Trust has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Northern Trust regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Northern Trust stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Northern Trust stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Northern Trust stock over time.
Current vs Lagged Prices |
| Timeline |
Northern Trust Lagged Returns
When evaluating Northern Trust's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Northern Trust stock have on its future price. Northern Trust autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Northern Trust autocorrelation shows the relationship between Northern Trust stock current value and its past values and can show if there is a momentum factor associated with investing in Northern Trust.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Northern Stock
When determining whether Northern Trust is a strong investment it is important to analyze Northern Trust's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Northern Trust's future performance. For an informed investment choice regarding Northern Stock, refer to the following important reports:Check out Northern Trust Correlation, Northern Trust Volatility and Northern Trust Alpha and Beta module to complement your research on Northern Trust. For more detail on how to invest in Northern Stock please use our How to Invest in Northern Trust guide.You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Northern Trust technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.