Northern Global Real Fund Quote

NGREX Fund  USD 9.45  0.18  1.94%   

Performance

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Odds Of Distress

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Northern Global is trading at 9.45 as of the 28th of March 2024; that is 1.94% increase since the beginning of the trading day. The fund's open price was 9.27. Northern Global has about a 43 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Northern Global Real are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 7th of June 2022 and ending today, the 28th of March 2024. Click here to learn more.
The fund will invest substantially all of its net assets in equity securities included in the index, in weightings that approximate the relative composition of the securities contained in the index. The index is a free float-adjusted market capitalization index that consists of large, mid and small-cap stocks across 23 Developed Markets and 24 Emerging Markets countries engaged in the ownership, development and management of specific core property type real estate.. More on Northern Global Real

Moving together with Northern Mutual Fund

  0.65NOBOX Northern Bond IndexPairCorr
  0.64NOCBX Northern E BondPairCorr
  0.65NOFIX Northern Fixed IncomePairCorr

Northern Mutual Fund Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Northern Global's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Northern Global or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Fund ConcentrationNorthern Funds, Large Funds, Global Real Estate Funds, Global Real Estate, Northern Funds (View all Sectors)
Update Date31st of March 2024
Expense Ratio Date29th of July 2022
Fiscal Year EndMarch
Northern Global Real [NGREX] is traded in USA and was established 28th of March 2024. Northern Global is listed under Northern Funds category by Fama And French industry classification. The fund is listed under Global Real Estate category and is part of Northern Funds family. This fund now has accumulated 973.7 M in assets with minimum initial investment of 2.5 K. Northern Global Real is currently producing year-to-date (YTD) return of 10.02% with the current yeild of 0.02%, while the total return for the last 3 years was -1.79%.
Check Northern Global Probability Of Bankruptcy

Instrument Allocation

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Northern Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Northern Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Northern Global Real Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top Northern Global Real Mutual Fund Constituents

MTSFFMitsui Fudosan CoPink SheetReal Estate—Diversified
AREAlexandria Real EstateStockReal Estate
AVBAvalonBay CommunitiesStockReal Estate
DLRDigital Realty TrustStockReal Estate
EQIXEquinixStockReal Estate
EQREquity ResidentialStockReal Estate
MITEFMitsubishi Estate CoPink SheetReal Estate—Diversified
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Northern Global Target Price Odds Analysis

Based on a normal probability distribution, the odds of Northern Global jumping above the current price in 90 days from now is about 11.23%. The Northern Global Real probability density function shows the probability of Northern Global mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon the mutual fund has a beta coefficient of 1.2343. This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Northern Global will likely underperform. Additionally, northern Global Real has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 9.45HorizonTargetOdds Above 9.45
88.43%90 days
 9.45 
11.23%
Based on a normal probability distribution, the odds of Northern Global to move above the current price in 90 days from now is about 11.23 (This Northern Global Real probability density function shows the probability of Northern Mutual Fund to fall within a particular range of prices over 90 days) .

Northern Global Real Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Northern Global market risk premium is the additional return an investor will receive from holding Northern Global long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Northern Global. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Northern Global's alpha and beta are two of the key measurements used to evaluate Northern Global's performance over the market, the standard measures of volatility play an important role as well.

Northern Global Against Markets

Picking the right benchmark for Northern Global mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Northern Global mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Northern Global is critical whether you are bullish or bearish towards Northern Global Real at a given time. Please also check how Northern Global's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Northern Global without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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How to buy Northern Mutual Fund?

Before investing in Northern Global, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Northern Global. To buy Northern Global fund, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Northern Global. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Northern Global fund. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Northern Global Real fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Northern Global Real fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Northern Global Real, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in Northern Global Real?

The danger of trading Northern Global Real is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Northern Global is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Northern Global. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Northern Global Real is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northern Global Real. 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 income.
Note that the Northern Global Real information on this page should be used as a complementary analysis to other Northern Global'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 Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

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When running Northern Global's price analysis, check to measure Northern Global'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 Global is operating at the current time. Most of Northern Global's value examination focuses on studying past and present price action to predict the probability of Northern Global'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 Global's price. Additionally, you may evaluate how the addition of Northern Global to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Northern Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Northern Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northern Global'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.