Northern Trust Stock Market Value
| NTRS Stock | USD 81.45 0.04 0.05% |
| Symbol | Northern |
Northern Trust Price To Book Ratio
Is Northern Trust's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Northern Trust. If investors know Northern will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Northern Trust listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.36) | Dividend Share 3 | Earnings Share 4.53 | Revenue Per Share 32.345 | Quarterly Revenue Growth (0.04) |
The market value of Northern Trust is measured differently than its book value, which is the value of Northern that is recorded on the company's balance sheet. Investors also form their own opinion of Northern Trust's value that differs from its market value or its book value, called intrinsic value, which is Northern Trust's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Northern Trust's market value can be influenced by many factors that don't directly affect Northern Trust's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Northern Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if Northern Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northern Trust's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
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.
| 04/30/2022 |
| 04/19/2024 |
If you would invest 0.00 in Northern Trust on April 30, 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 Bank of New York, Invesco Plc, Franklin Resources, T Rowe, State Street, Ameriprise Financial, and SEI Investments. 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.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 7.81 | |||
| Value At Risk | (3.08) | |||
| Potential Upside | 2.22 |
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 | 0.0034 | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.17) | |||
| Treynor Ratio | (0.01) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Northern Trust'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 Trust Backtested Returns
We consider Northern Trust very steady. Northern Trust has Sharpe Ratio of 0.0176, which conveys that the firm had a 0.0176% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Northern Trust, which you can use to evaluate the volatility of the firm. Please verify Northern Trust's Risk Adjusted Performance of 0.0034, mean deviation of 1.18, and Standard Deviation of 1.61 to check out if the risk estimate we provide is consistent with the expected return of 0.0285%. Northern Trust has a performance score of 1 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 1.27, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Northern Trust will likely underperform. Northern Trust right now secures a risk of 1.62%. Please verify Northern Trust treynor ratio and daily balance of power , to decide if Northern Trust will be following its current price movements.
Auto-correlation | -0.04 |
Very weak reverse predictability
Northern Trust has very weak reverse predictability. Overlapping area represents the amount of predictability between Northern Trust time series from 30th of April 2022 to 25th of April 2023 and 25th of April 2023 to 19th of April 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 -0.04 indicates that only as little as 4.0% of current Northern Trust price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.04 | |
| Spearman Rank Test | -0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 40.39 |
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 |
Northern Trust Investors Sentiment
The influence of Northern Trust's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Northern. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Northern Trust's public news can be used to forecast risks associated with an investment in Northern. The trend in average sentiment can be used to explain how an investor holding Northern can time the market purely based on public headlines and social activities around Northern Trust. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Northern Trust's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Northern Trust's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Northern Trust's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Northern Trust.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Northern Trust in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Northern Trust's short interest history, or implied volatility extrapolated from Northern Trust options trading.
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Try AI Portfolio ArchitectCheck out Northern Trust Correlation, Northern Trust Volatility and Northern Trust Alpha and Beta module to complement your research on Northern Trust. For more information on how to buy Northern Stock please use our How to Invest in Northern Trust guide.You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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When running Northern Trust's price analysis, check to measure Northern Trust'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 Trust is operating at the current time. Most of Northern Trust's value examination focuses on studying past and present price action to predict the probability of Northern Trust'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 Trust's price. Additionally, you may evaluate how the addition of Northern Trust to your portfolios can decrease your overall portfolio volatility.
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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.