Northern E Bond Fund Technical Analysis
| NOCBX Fund | USD 8.62 0.03 0.35% |
As of the 17th of April 2024, Northern E secures the Standard Deviation of 0.482, mean deviation of 0.3827, and Risk Adjusted Performance of (0.03). In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Northern E Bond, as well as the relationship between them. Strictly speaking, you can use this information to find out if the fund will indeed mirror its model of past prices, or the prices will eventually revert. We have analyzed thirteen technical drivers for Northern E, which can be compared to its peers in the industry. Please verify Northern E Bond risk adjusted performance, variance, as well as the relationship between the Variance and potential upside to decide if Northern E Bond is priced some-what accurately, providing market reflects its recent price of 8.62 per share.
Northern E Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Northern, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NorthernNorthern |
Northern E technical mutual fund 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, fund market cycles, or different charting patterns.
Northern E Bond Technical Analysis
The output start index for this execution was fourteen with a total number of output elements of four hundred ninety-nine. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Northern E Bond volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Northern E Bond Trend Analysis
Use this graph to draw trend lines for Northern E Bond. You can use it to identify possible trend reversals for Northern E as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Northern E price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Northern E Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Northern E Bond applied against its price change over selected period. The best fit line has a slop of 0.00000895 , which means Northern E Bond will continue generating value for investors. It has 1026 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Northern E price change compared to its average price change.About Northern E Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Northern E Bond on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Northern E Bond based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Northern E Bond price pattern first instead of the macroeconomic environment surrounding Northern E Bond. By analyzing Northern E's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Northern E's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Northern E specific price patterns or momentum indicators. Please read more on our technical analysis page.
Northern E April 17, 2024 Technical Indicators
Most technical analysis of Northern help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Northern from various momentum indicators to cycle indicators. When you analyze Northern charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.03) | |||
| Market Risk Adjusted Performance | (0.16) | |||
| Mean Deviation | 0.3827 | |||
| Coefficient Of Variation | (4,592) | |||
| Standard Deviation | 0.482 | |||
| Variance | 0.2323 | |||
| Information Ratio | (0.05) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.02) | |||
| Treynor Ratio | (0.17) | |||
| Maximum Drawdown | 3.21 | |||
| Value At Risk | (0.80) | |||
| Potential Upside | 0.814 | |||
| Skewness | 0.1817 | |||
| Kurtosis | 0.3504 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northern E Bond. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. Note that the Northern E Bond information on this page should be used as a complementary analysis to other Northern E's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.