Northern Lights Etf Probability of Future Etf Price Finishing Over 32.68

MBCC Etf  USD 32.68  0.22  0.68%   
Northern Lights' future price is the expected price of Northern Lights instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Northern Lights performance during a given time horizon utilizing its historical volatility. Check out Northern Lights Backtesting, Portfolio Optimization, Northern Lights Correlation, Northern Lights Hype Analysis, Northern Lights Volatility, Northern Lights History as well as Northern Lights Performance.
  
Please specify Northern Lights' target price for which you would like Northern Lights odds to be computed.

Northern Lights Target Price Odds to finish over 32.68

The tendency of Northern Etf price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to move above the current price in 90 days
 32.68 90 days 32.68 
about 7.58
Based on a normal probability distribution, the odds of Northern Lights to move above the current price in 90 days from now is about 7.58 (This Northern Lights probability density function shows the probability of Northern Etf to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days Northern Lights has a beta of 0.69. This indicates as returns on the market go up, Northern Lights average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Northern Lights will be expected to be much smaller as well. Additionally Northern Lights has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
   Northern Lights Price Density   
       Price  

Predictive Modules for Northern Lights

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Northern Lights. Regardless of method or technology, however, to accurately forecast the etf market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the etf market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Northern Lights' 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.
Hype
Prediction
LowEstimatedHigh
31.8532.4633.07
Details
Intrinsic
Valuation
LowRealHigh
31.6532.2632.87
Details
Naive
Forecast
LowNextHigh
32.2632.8833.49
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
30.7431.7832.81
Details

Northern Lights Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Northern Lights is not an exception. The market had few large corrections towards the Northern Lights' value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Northern Lights, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Northern Lights within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
-0.0069
β
Beta against NYSE Composite0.69
σ
Overall volatility
0.53
Ir
Information ratio -0.0049

Northern Lights Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Northern Lights for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Northern Lights can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Latest headline from finance.yahoo.com: Nike Wins Partial Victory in Three-Stripe Trademark Battle with Adidas
The fund maintains 99.75% of its assets in stocks

Northern Lights Technical Analysis

Northern Lights' future price can be derived by breaking down and analyzing its technical indicators over time. Northern Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Northern Lights. In general, you should focus on analyzing Northern Etf price patterns and their correlations with different microeconomic environments and drivers.

Northern Lights Predictive Forecast Models

Northern Lights' time-series forecasting models is one of many Northern Lights' etf analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Northern Lights' historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the etf market movement and maximize returns from investment trading.

Things to note about Northern Lights

Checking the ongoing alerts about Northern Lights for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Northern Lights help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Latest headline from finance.yahoo.com: Nike Wins Partial Victory in Three-Stripe Trademark Battle with Adidas
The fund maintains 99.75% of its assets in stocks

Additional Information and Resources on Investing in Northern Etf

When determining whether Northern Lights offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Northern Lights' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Northern Lights Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Northern Lights Etf:
Check out Northern Lights Backtesting, Portfolio Optimization, Northern Lights Correlation, Northern Lights Hype Analysis, Northern Lights Volatility, Northern Lights History as well as Northern Lights Performance.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
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.