Northern Small Cap Fund Manager Performance Evaluation
| NSIDX Fund | USD 13.17 0.05 0.38% |
The fund secures a Beta (Market Risk) of 1.69, 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 Small will likely underperform.
Risk-Adjusted Performance
1 of 100
Weak | Strong |
Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Northern Small Cap are ranked lower than 1 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong fundamental indicators, Northern Small is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio Date | 29th of July 2022 | |
| Expense Ratio | 0.1000 |
Northern |
Northern Small Relative Risk vs. Return Landscape
If you would invest 1,300 in Northern Small Cap on January 26, 2024 and sell it today you would earn a total of 17.00 from holding Northern Small Cap or generate 1.31% return on investment over 90 days. Northern Small Cap is currently producing 0.0296% returns and takes up 1.3204% volatility of returns over 90 trading days. Put another way, 11% of traded mutual funds are less volatile than Northern, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Northern Small Current Valuation
Fairly Valued
Today
Please note that Northern Small's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Northern Small Cap secures a last-minute Real Value of $13.22 per share. The latest price of the fund is $13.17. We determine the value of Northern Small Cap from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will merge together.
Our valuation method for Northern Small Cap is useful when determining the fair value of the Northern mutual fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of Northern Small. Since Northern Small is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Northern Mutual Fund. However, Northern Small's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 13.17 | Real 13.22 | Hype 13.17 | Naive 12.98 |
The real value of Northern Mutual Fund, also known as its intrinsic value, is the underlying worth of Northern Small Cap Mutual Fund, which is reflected in its stock price. It is based on Northern Small's financial performance, assets, liabilities, growth prospects, management team, or industry conditions. The intrinsic value of Northern Small's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Northern Small's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Northern Small Cap helps investors to forecast how Northern mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Northern Small more accurately as focusing exclusively on Northern Small's fundamentals will not take into account other important factors: Northern Small Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Northern Small's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Northern Small Cap, and traders can use it to determine the average amount a Northern Small's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0224
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | NSIDX |
Estimated Market Risk
| 1.32 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Northern Small is performing at about 1% 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 Fundamentals Growth
Northern Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Northern Small, and Northern Small fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Northern Mutual Fund performance.
| Price To Earning | 19.70 X | ||||
| Price To Book | 1.83 X | ||||
| Price To Sales | 1.09 X | ||||
About Northern Small Performance
To evaluate Northern Small Cap Mutual Fund as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Northern Small generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Northern Mutual Fund's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Northern Small Cap market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Northern's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.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.Things to note about Northern Small Cap performance evaluation
Checking the ongoing alerts about Northern Small for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Northern Small Cap help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund generated three year return of -3.0% | |
| Northern Small Cap maintains 99.74% of its assets in stocks |
- Analyzing Northern Small's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Northern Small's stock is overvalued or undervalued compared to its peers.
- Examining Northern Small's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Northern Small's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Northern Small's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Northern Small's mutual fund. These opinions can provide insight into Northern Small's potential for growth and whether the stock is currently undervalued or overvalued.
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 Technical Analysis module to check basic technical indicators and analysis based on most latest market data.