Northern Mutual Fund Buy Hold or Sell Recommendation

BBALX
 Fund
  

USD 12.85  0.12  0.93%   

Assuming the 90 days horizon and your highly speculative risk level, our recommendation regarding Northern Global Tactical is 'Strong Buy'. Macroaxis provides Northern Global buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding BBALX positions. The advice algorithm takes into account all of Northern Global's available fundamental, technical, and predictive indicators you will find on this site.
  
The advice is provided from Northern Global's buy-and-hold perspective. Continue to Northern Global Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. We conduct extensive research on individual funds such as Northern and provide practical buy, sell, or hold recommendation based on selected investing horizon and risk tolerance towards Northern Global Tactical.

Execute Northern Global Buy or Sell Advice

The Northern recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Northern Global Tactical. Macroaxis does not own or have any residual interests in Northern Global Tactical or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Northern Global's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Northern GlobalBuy Northern Global
Strong Buy

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

Fairly ValuedDetails

Odds of Distress

Very LowDetails

Economic Sensitivity

Follows the market closelyDetails

Analyst Consensus

Not AvailableDetails
For the selected time horizon Northern Global Tactical has a Risk Adjusted Performance of 0.0647, Jensen Alpha of (0.007625), Total Risk Alpha of (0.010992), Sortino Ratio of (0.040019) and Treynor Ratio of 0.0589
Our investment recommendation tool can cross-verify current analyst consensus on Northern Global Tactical and to analyze the entity potential to grow in the current economic cycle. Use Northern Global Tactical three year return and last dividend paid to ensure your buy or sell decision on Northern Global Tactical is adequate.

Northern Global Trading Alerts and Improvement Suggestions

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

Northern Global Returns Distribution Density

The distribution of Northern Global's historical returns is an attempt to chart the future uncertainty of Northern Global's future price movements. The chart of the probability distribution of Northern Global stock daily returns describes the distribution of returns around its average expected value. We use Northern Global Tactical price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Northern Global returns is essential to provide solid investment advice for Northern Global stock.
Mean Return0.046Value At Risk-1.63
Potential Upside1.29Standard Deviation0.82
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Northern Global historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Northern Global Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Northern Global or Northern Funds sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Northern Global stock's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Northern stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over DOW
-0.0076
β
Beta against DOW0.61
σ
Overall volatility
0.83
Ir
Information ratio -0.04

Northern Global Volatility Alert

Northern Global Tactical has low volatility with Treynor Ratio of 0.06, Maximum Drawdown of 3.99 and kurtosis of 1.41. However, we advice all investors to further analyze Northern Global Tactical to make certain all market information is desiminated and is consistent with the current expectations about Northern Global upside potential. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Northern Global's mutual fund risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Northern Global's mutual fund price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Northern Global Implied Volatility

Northern Global's implied volatility" href="/stock-options/BBALX/Northern-Global-Tactical">Northern Global's implied volatility exposes the market's sentiment of Northern Global Tactical stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Northern Global's implied volatility" href="/stock-options/BBALX/Northern-Global-Tactical">Northern Global's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Northern Global stock will not fluctuate a lot when Northern Global's options" href="/stock-options/BBALX/Northern-Global-Tactical">Northern Global's options are near their expiration.

Northern Global Fundamentals Vs Peers

Comparing Northern Global's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Northern Global's direct or indirect competition across all of the common fundamentals between Northern Global and the related equities. This way, we can detect undervalued stocks with similar characteristics as Northern Global or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Northern Global's fundamental indicators could also be used in its relative valuation, which is a method of valuing Northern Global by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Northern Global to competition
FundamentalsNorthern GlobalPeer Average
Price to Earning15.40 X6.53 X
Price to Book1.67 X0.74 X
Price to Sales1.10 X0.61 X
One Year Return1.98 %4.15 %
Three Year Return2.65 %3.60 %
Five Year Return3.43 %3.24 %
Ten Year Return6.02 %1.79 %
Net Asset159.26 M4.11 B
Minimum Initial Investment2.5 K976.16 K
Last Dividend Paid0.020.65
Cash Position Weight3.29 %10.61 %
Equity Positions Weight61.09 %63.90 %
Bond Positions Weight34.69 %11.24 %

About Northern Global Buy or Sell Advice

When is the right time to buy or sell Northern Global Tactical? Buying financial instruments such as Northern Mutual Fund isn't very hard. However, what challenging for most investors is doing it at the right time to beat the stock market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Although Northern Global investors may find it confusing at the beginning, most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Northern Global in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Run Crypto And Gold Thematic Idea Now

Crypto And Gold
Crypto And Gold Theme
Assets that cancel away each other volatility by providing diversification into gold investment combined with digital assets. The Crypto And Gold theme has 54 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Crypto And Gold Theme or any other thematic opportunities.
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Continue to Northern Global Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. 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 Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

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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 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.