Northern Lights Market Risk Adjusted Performance

MBCC Etf  USD 33.11  0.09  0.27%   
Northern Lights market-risk-adjusted-performance technical analysis lookup allows you to check this and other technical indicators for Northern Lights or any other equities. You can select from a set of available technical indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations and data normalization technicques. Please check also Equity Screeners to view more equity screening tools
  
Northern Lights has current Market Risk Adjusted Performance of 0.0427.

MRAP

 = 

ER[a] + (1/BETA - 1)

X

ER[a] - RFR)

 = 
0.0427
ER[a] = Expected return on investing in Northern Lights
RFR = Risk Free Rate of return. Typically T-Bill Rate
BETA = Beta of the asset with market or selected benchmark.

Northern Lights Market Risk Adjusted Performance Peers Comparison

Northern Market Risk Adjusted Performance Relative To Other Indicators

Northern Lights is rated below average in market risk adjusted performance as compared to similar ETFs. It is currently under evaluation in maximum drawdown as compared to similar ETFs reporting about  63.40  of Maximum Drawdown per Market Risk Adjusted Performance. The ratio of Maximum Drawdown to Market Risk Adjusted Performance for Northern Lights is roughly  63.40 
Compare Northern Lights to Peers

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