one year return and equity positions weight to decide if Northern Lights is priced favorably. The etf experiences a somewhat bearish sentiment, but the market may correct it shortly. Check odds of Northern Lights to be traded at $25.04 in 90 days.Financial data analysis helps to check out if markets are presently mispricing Northern Lights. We were able to break down five available fundamentals for Northern Lights, which can be compared to its peers in the industry. Please verify Northern Lights
With this module, you can analyze Northern financials for your investing period. You should be able to track the changes in Northern Lights individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
Understanding current and past Northern Lights Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Northern Lights' financial statements are interrelated, with each one affecting the others. For example, an increase in Northern Lights' assets may result in an increase in income on the income statement.
Evaluating Northern Lights' financials involves analyzing a range of financial metrics and ratios to gain insights into the company's financial health and performance. However, considering all of Northern Lights' profitability, liquidity ratios, and efficiency indicators at the same time could be an enormous task, and our Financial Distress score can provide you with a snapshot of the Northern Lights' relative financial performance
The data published in Northern Lights' official financial statements usually reflect Northern Lights' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Northern Lights. For example, before you start analyzing numbers published by Northern accountants, it's critical to develop an understanding of what Northern Lights' liquidity, profitability, and earnings quality are in the context of the Monarch Funds space in which it operates.
Please note, the presentation of Northern Lights' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Northern Lights' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Northern Lights' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Northern Lights. Please utilize our Beneish M Score to check the likelihood of Northern Lights' management manipulating its earnings.
Northern Lights Company SummaryNorthern Lights competes with Dimensional International, First Trust, FT Cboe, and FT Cboe. The fund generally invests at least 80 percent of its total assets in the component securities of the index. Monarch Blue is traded on BATS Exchange in the United States.
Northern Financial Ratios RelationshipsComparative valuation techniques use various fundamental indicators to help in determining Northern Lights's current stock value. Our valuation model uses many indicators to compare Northern Lights value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Northern Lights competition to find correlations between indicators driving Northern Lights's intrinsic value. More Info. Northern Lights is rated below average in one year return as compared to similar ETFs. It is regarded fourth largest ETF in equity positions weight as compared to similar ETFs . . Comparative valuation analysis is a catch-all model that can be used if you cannot value Northern Lights by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Northern Lights' Etf . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Northern Lights' earnings, one of the primary drivers of an investment's value.
Northern Lights Systematic Risk
Northern Lights' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Northern Lights volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
About Northern Lights FinancialsWhat exactly are Northern Lights Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Northern Lights' income statement, its balance sheet, and the statement of cash flows. Potential Northern Lights investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Northern Lights investors may use each financial statement separately, they are all related. The changes in Northern Lights's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Northern Lights's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
Steps to analyze Northern Lights Financials for InvestingThere are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Northern Lights is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Northern has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it. In summary, you can determine if Northern Lights' financials are consistent with your investment objective using the following steps:
- Review Northern Lights' balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
- Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
- Study the cash flow inflows and outflows to understand Northern Lights' liquidity and solvency.
- Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
- Compare Northern Lights' financials to those of its peers to see how it stacks up and identify any potential red flags.
- Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Northern Lights' stock is overvalued or undervalued.
Northern Lights Thematic ClasificationsNorthern Lights is part of several thematic ideas from Large Cap ETFs to Size And Style ETFs. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Northern Lights September 27, 2023 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Northern Lights help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Northern Lights. We use our internally-developed statistical techniques to arrive at the intrinsic value of Northern Lights based on widely used predictive technical indicators. In general, we focus on analyzing Northern Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Northern Lights's daily price indicators and compare them against related drivers.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northern Lights. Also, note that the market value of any ETF could be tightly coupled with the direction of predictive economic indicators such as signals in interest. For information on how to trade Northern Etf refer to our How to Trade Northern Etf guide. Note that the Northern Lights information on this page should be used as a complementary analysis to other Northern Lights' 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 Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
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When running Northern Lights' price analysis, check to measure Northern Lights' 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 Lights is operating at the current time. Most of Northern Lights' value examination focuses on studying past and present price action to predict the probability of Northern Lights' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Northern Lights' price. Additionally, you may evaluate how the addition of Northern Lights to your portfolios can decrease your overall portfolio volatility.
The market value of Northern Lights 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 Lights' value that differs from its market value or its book value, called intrinsic value, which is Northern Lights' 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 Lights' market value can be influenced by many factors that don't directly affect Northern Lights' 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 Lights' value and its price as these two are different measures arrived at by different means. Investors typically determine if Northern Lights is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northern Lights' 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.