Northern Etf Performance
| MBCC Etf | USD 26.23 0.53 1.98% |
The etf secures a Beta (Market Risk) of 0.8318, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Northern Lights returns are expected to increase less than the market. However, during the bear market, the loss on holding Northern Lights will be expected to be smaller as well. Even though it is essential to pay attention to Northern Lights price patterns, it is always good to be careful when utilizing equity historical price patterns. Our philosophy towards estimating any etf'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 Lights exposes twenty-eight different technical indicators, which can help you to evaluate its performance.
Northern Performance
0 of 100
Over the last 90 days Northern Lights has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound fundamental indicators, Northern Lights is not utilizing all of its potentials. The latest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
1 | UPDATE 1-Sika raises full-year sales outlook after upbeat fi... | 08/04/2023 |
| Fifty Two Week Low | 21.09 | |
| Fifty Two Week High | 29.96 |
Northern |
Northern Lights Relative Risk vs. Return Landscape
If you would invest 2,647 in Northern Lights on June 23, 2023 and sell it today you would lose (24.00) from holding Northern Lights or give up 0.91% of portfolio value over 90 days. Northern Lights is currently does not generate positive expected returns and assumes 0.6938% risk (volatility on return distribution) over the 90 days horizon. In different words, 6% of etfs are less volatile than Northern, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Northern Lights Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Northern Lights' investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Northern Lights, and traders can use it to determine the average amount a Northern Lights' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0174
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | MBCC |
Estimated Market Risk
| 0.69 actual daily | 6 94% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Northern Lights is performing at about 0% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Northern Lights by adding it to a well-diversified portfolio.
Northern Lights Fundamentals Growth
Northern Etf prices reflect investors' perceptions of the future prospects and financial health of Northern Lights, and Northern Lights fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Northern Etf performance.
| Total Asset | 33.04 M | |||
About Northern Lights Performance
To evaluate Northern Lights Etf as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Northern Lights generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Northern Etf's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Northern Lights market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Northern's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.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.Things to note about Northern Lights performance evaluation
Checking the ongoing alerts about Northern Lights for important developments is a great way to find new opportunities for your next move. Etf 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.| Northern Lights generated a negative expected return over the last 90 days | |
| Northern Lights is unlikely to experience financial distress in the next 2 years | |
| The fund maintains 99.75% of its assets in stocks |
- Analyzing Northern Lights' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Northern Lights' stock is overvalued or undervalued compared to its peers.
- Examining Northern Lights' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Northern Lights' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Northern Lights' management team can help you assess the ETF's leadership.
- Pay attention to analyst opinions and ratings of Northern Lights' etf. These opinions can provide insight into Northern Lights' potential for growth and whether the stock is currently undervalued or overvalued.
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 employment. 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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Complementary Tools for Northern Etf analysis
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.
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Bond Directory Find actively traded corporate debentures issued by US companies |
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.