Northern Stock Market Value

NTRS
 Stock
  

USD 85.56  0.71  0.82%   

Northern Trust's market value is the price at which a share of Northern Trust stock trades on a public exchange. It measures the collective expectations of Northern Trust Corp investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Northern Trust Corp and determine expected loss or profit from investing in Northern Trust over a given investment horizon. Additionally, see Northern Trust Correlation, Northern Trust Volatility and Northern Trust Alpha and Beta module to complement your research on Northern Trust.
Symbol


Is Northern Trust's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Northern Trust. If investors know Northern will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Northern Trust listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Northern Trust Corp is measured differently than its book value, which is the value of Northern that is recorded on the company's balance sheet. Investors also form their own opinion of Northern Trust's value that differs from its market value or its book value, called intrinsic value, which is Northern Trust's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Northern Trust's market value can be influenced by many factors that don't directly affect Northern Trust's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Northern Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine Northern Trust value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northern Trust'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.

Northern Trust 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Northern Trust's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Northern Trust.
0.00
09/02/2022
No Change 0.00  0.0 
In 31 days
10/02/2022
0.00
If you would invest  0.00  in Northern Trust on September 2, 2022 and sell it all today you would earn a total of 0.00 from holding Northern Trust Corp or generate 0.0% return on investment in Northern Trust over 30 days. Northern Trust is related to or competes with Boeing. Northern Trust Corporation, a financial holding company, provides wealth management, asset servicing, asset management, ... More

Northern Trust Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Northern Trust's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Northern Trust Corp upside and downside potential and time the market with a certain degree of confidence.

Northern Trust Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Northern Trust's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Northern Trust's standard deviation. In reality, there are many statistical measures that can use Northern Trust historical prices to predict the future Northern Trust's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Northern Trust's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Northern Trust in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
83.6285.3287.02
Details
Intrinsic
Valuation
LowReal ValueHigh
77.0099.77101.47
Details
11 Analysts
Consensus
LowTarget PriceHigh
122.00137.82152.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Northern Trust. Your research has to be compared to or analyzed against Northern Trust's peers to derive any actionable benefits. When done correctly, Northern Trust's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Northern Trust Corp.

Northern Trust Corp Backtested Returns

Northern Trust Corp has Sharpe Ratio of -0.1, which conveys that the firm had -0.1% of return per unit of risk over the last 3 months. Macroaxis standpoint towards estimating the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Northern Trust exposes twenty-eight different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to verify Northern Trust Corp mean deviation of 1.3, and Risk Adjusted Performance of (0.13) to check out the risk estimate we provide.
The company secures a Beta (Market Risk) of 1.1949, which conveys a somewhat significant risk relative to the market. Let's try to break down what Northern's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Northern Trust will likely underperform. Even though it is essential to pay attention to Northern Trust Corp price patterns, it is always good to be careful when utilizing equity historical price patterns. Our philosophy towards estimating any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Northern Trust exposes twenty-eight different technical indicators, which can help you to evaluate its performance. Northern Trust Corp has an expected return of -0.17%. Please be advised to verify Northern Trust Corp total risk alpha, downside variance, as well as the relationship between the Downside Variance and daily balance of power to decide if Northern Trust Corp performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.17  

Insignificant reverse predictability

Northern Trust Corp has insignificant reverse predictability. Overlapping area represents the amount of predictability between Northern Trust time series from 2nd of September 2022 to 17th of September 2022 and 17th of September 2022 to 2nd of October 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Northern Trust Corp price movement. The serial correlation of -0.17 indicates that over 17.0% of current Northern Trust price fluctuation can be explain by its past prices.
Correlation Coefficient-0.17
Spearman Rank Test0.17
Residual Average0.0
Price Variance10.58

Northern Trust Corp lagged returns against current returns

Autocorrelation, which is Northern Trust stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Northern Trust's stock expected returns. We can calculate the autocorrelation of Northern Trust returns to help us make a trade decision. For example, suppose you find that Northern Trust stock has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
   Current and Lagged Values   
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       Timeline  

Northern Trust regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Northern Trust stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Northern Trust stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Northern Trust stock over time.
   Current vs Lagged Prices   
Share
       Timeline  

Northern Trust Lagged Returns

When evaluating Northern Trust's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Northern Trust stock have on its future price. Northern Trust autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Northern Trust autocorrelation shows the relationship between Northern Trust stock current value and its past values and can show if there is a momentum factor associated with investing in Northern Trust Corp.
   Regressed Prices   
Share
       Timeline  

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Northern Trust in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Northern Trust's short interest history, or implied volatility extrapolated from Northern Trust options trading.

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Northern Trust Corp using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

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Additionally, see Northern Trust Correlation, Northern Trust Volatility and Northern Trust Alpha and Beta module to complement your research on Northern Trust. You can also try Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

Complementary Tools for analysis

When running Northern Trust Corp price analysis, check to measure Northern Trust'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 Trust is operating at the current time. Most of Northern Trust's value examination focuses on studying past and present price action to predict the probability of Northern Trust's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Northern Trust's price. Additionally, you may evaluate how the addition of Northern Trust to your portfolios can decrease your overall portfolio volatility.
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Northern Trust technical stock 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, stock market cycles, or different charting patterns.
A focus of Northern Trust technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Northern Trust trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...