Northern Lights Correlations

Northern Lights Correlation With Market

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Northern Lights. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in inflation. For more information on how to buy Northern Mutual Fund please use our How to Invest in Northern Lights guide.

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Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.

High positive correlations    AAEVX + 0.75 MSTSX AAEVX + 0.68 LBHIX LBHIX + 0.67 MSTSX ABHYX + 0.59 PAALX ABHYX + 0.51 LBHIX SCAXF + 0.41 444859BR2

High negative correlations    VIASP - 0.8 SCAXF AAEVX - 0.69 444859BR2 LBHIX - 0.54 444859BR2 MSTSX - 0.53 444859BR2 MSTSX - 0.45 BRRAY VIASP - 0.44 PAALX

Risk-Adjusted Indicators

There is a big difference between Northern Mutual Fund performing well and Northern Lights Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Northern Lights' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.