Northern Mutual Fund Quote

BBALX
 Fund
  

USD 12.70  0.04  0.31%   

Market Performance
1 of 100
Odds Of Distress
Less than 1
Northern Global is trading at 12.70 as of the 7th of August 2022; that is -0.31% down since the beginning of the trading day. The fund's open price was 12.74. Northern Global has a very small chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for Northern Global Tactical are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 17th of August 2020 and ending today, the 7th of August 2022. Click here to learn more.
The fund will generally seek exposure to a number of different asset classes based on an asset allocation framework developed by the Investment Policy Committee of Northern Trust. Northern Global is traded on NASDAQ Exchange in the United States. More on Northern Global Tactical

Moving together with Northern Global

0.94DISWalt Disney Fiscal Year End 9th of November 2022 PairCorr

Northern Global 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. If you consider yourself one of those investors, make sure you clearly understand your entering position. 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.
Northern Global is unlikely to experience financial distress in the next 2 years
The fund holds about 34.69% of its assets under management (AUM) in fixed income securities
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Northern Global's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong BuyFairly Valued
Beta In Three Year1.07
Startdate31st of July 2014
Northern Global Tactical [BBALX] is traded in USA and was established 7th of August 2022. The fund is listed under World Allocation category and is part of Northern Funds family. Northern Global Tactical currently has accumulated 159.26 M in assets under management (AUM) with minimum initial investment of 2.5 K. , while the total return for the last 3 years was 2.65%.
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 Tactical 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 Tactical Constituents

Northern Global Target Price Odds Analysis

What are Northern Global's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Northern Global jumping above the current price in 90 days from now is about 30.29%. The Northern Global Tactical 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 Northern Global has a beta of 0.6113 suggesting as returns on the market go up, Northern Global average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Northern Global Tactical will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Northern Global Tactical is significantly underperforming DOW.
  Odds Below 12.7HorizonTargetOdds Above 12.7
69.32%90 days
 12.70 
30.29%
Based on a normal probability distribution, the odds of Northern Global to move above the current price in 90 days from now is about 30.29 (This Northern Global Tactical probability density function shows the probability of Northern Mutual Fund to fall within a particular range of prices over 90 days) .

Northern Global Tactical 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 Tactical at a given time.

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 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.

Did you try this?

Run Shere Portfolio Now

   

Shere Portfolio

Track or share privately all of your investments from the convenience of any device
All  Next Launch Module

Invested in Northern Global Tactical?

You need to understand the risk of investing before taking a position in Northern Global. The danger of trading Northern Global Tactical 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 Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Northern Global Tactical 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.
Continue to Trending Equities. Note that the Northern Global Tactical 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 Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

Complementary Tools for Northern Mutual Fund analysis

When running Northern Global Tactical 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 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.
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Go
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Go
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Go
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Go
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Go
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Go
Piotroski F Score
Get Piotroski F Score based on binary analysis strategy of nine different fundamentals
Go
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 Northern Global value 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.