Northern Small Cap Fund Price on April 24, 2024
| NSIDX Fund | USD 13.76 0.11 0.79% |
Below is the normalized historical share price chart for Northern Small Cap extending back to September 24, 1999. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Northern Small stands at 13.76, as last reported on the 23rd of May, with the highest price reaching 13.76 and the lowest price hitting 13.76 during the day.
If you're considering investing in Northern Mutual Fund, it is important to understand the factors that can impact its price. We consider Northern Small very steady. Northern Small Cap has Sharpe Ratio of 0.0579, which conveys that the entity had a 0.0579% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Northern Small, which you can use to evaluate the volatility of the fund. Please verify Northern Small's Downside Deviation of 1.24, risk adjusted performance of 0.0422, and Mean Deviation of 0.798 to check out if the risk estimate we provide is consistent with the expected return of 0.061%.
Northern Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Northern |
Sharpe Ratio = 0.0579
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Estimated Market Risk
| 1.05 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Northern Small is performing at about 4% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Northern Small by adding it to a well-diversified portfolio.
Northern Small Valuation on April 24, 2024
It is possible to determine the worth of Northern Small on a given historical date. On April 24, 2024 Northern was worth 13.17 at the beginning of the trading date compared to the closed value of 13.17. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Northern Small mutual fund. Still, in general, we apply an absolute valuation method to find Northern Small's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Northern Small where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Northern Small's related companies.
| Open | High | Low | Close | Volume | |
| 13.22 | 13.22 | 13.22 | 13.22 | 1.00 | |
04/24/2024 | 13.17 | 13.17 | 13.17 | 13.17 | 1.00 |
| 13.08 | 13.08 | 13.08 | 13.08 | 1.00 |
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Northern Small Trading Date Momentum on April 24, 2024
| On April 25 2024 Northern Small Cap was traded for 13.08 at the closing time. The highest daily price throughout the period was 13.08 and the lowest price was 13.08 . There was no trading activity during the period 1.0. Lack of trading volume on 04/25/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.68% . The trading delta at closing time to current closing price is 3.34% . |
Northern Small Cap Fundamentals Correlations and Trends
By evaluating Northern Small's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Northern Small's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Northern financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Northern Small Mutual Fund history
Northern Small investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Northern is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Northern Small Cap will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Northern Small stock prices may prove useful in developing a viable investing in Northern Small
The fund will invest substantially all of its net assets in the equity securities included in the Russell 2000 Index, in weightings that approximate the relative composition of securities contained in the Russell 2000 Index, and in index futures approved by the Commodity Futures Trading Commission. The index measures the performance of the small-cap segment of the U.S. equity universe.
Northern Small Mutual Fund Technical Analysis
Northern Small 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.
Price Boundaries
Northern Small Period Price Range
Low | April 24, 2024
| High |
13.17 | 13.17 |
Northern Small May 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Northern Small mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Northern Small shares will generate the highest return on investment. By undertsting and applying Northern Small mutual fund market strength indicators, traders can identify Northern Small Cap entry and exit signals to maximize returns
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 13.17 | |||
| Day Typical Price | 13.17 | |||
| Period Momentum Indicator | 0.59 | |||
| Relative Strength Index | 55.35 |
Northern Small Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Northern Small's price direction in advance. Along with the technical and fundamental analysis of Northern Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Northern to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0422 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0409 |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northern Small Cap. 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 unemployment. Note that the Northern Small Cap information on this page should be used as a complementary analysis to other Northern Small'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 Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.