Northern Government Fund Technical Analysis
| NOUGX Fund | USD 8.54 0.02 0.23% |
As of the 19th of April, Northern Government secures the Risk Adjusted Performance of (0.07), mean deviation of 0.247, and Standard Deviation of 0.3244. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Northern Government, 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 were able to analyze and collect data for thirteen technical drivers for Northern Government, which can be compared to its peers in the industry. Please verify Northern Government risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and kurtosis to decide if Northern Government Fund is priced some-what accurately, providing market reflects its recent price of 8.54 per share.
Northern Government 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 Government 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 Government Technical Analysis
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. 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 Government volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Northern Government Trend Analysis
Use this graph to draw trend lines for Northern Government Fund. You can use it to identify possible trend reversals for Northern Government 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 Government price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Northern Government Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Northern Government Fund applied against its price change over selected period. The best fit line has a slop of 0.0022 , which may suggest that Northern Government Fund market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.18, which is the sum of squared deviations for the predicted Northern Government price change compared to its average price change.About Northern Government 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 Government Fund 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 Government Fund based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Northern Government price pattern first instead of the macroeconomic environment surrounding Northern Government. By analyzing Northern Government'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 Government'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 Government specific price patterns or momentum indicators. Please read more on our technical analysis page.
Northern Government April 19, 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 | (0.07) | |||
| Market Risk Adjusted Performance | (0.21) | |||
| Mean Deviation | 0.247 | |||
| Coefficient Of Variation | (938.84) | |||
| Standard Deviation | 0.3244 | |||
| Variance | 0.1052 | |||
| Information Ratio | (0.32) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | (0.22) | |||
| Maximum Drawdown | 1.5 | |||
| Value At Risk | (0.68) | |||
| Potential Upside | 0.4571 | |||
| Skewness | (0.90) | |||
| Kurtosis | 1.11 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northern Government Fund. 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 price. Note that the Northern Government information on this page should be used as a complementary analysis to other Northern Government'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 Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.