Northern Lights Etf Profile

HYTR Etf  USD 21.95  0.01  0.05%   

Performance

3 of 100

 
Weak
 
Strong
Insignificant

Odds Of Distress

Less than 9

 
High
 
Low
Low
Northern Lights is selling at 21.95 as of the 23rd of November 2024; that is 0.05 percent decrease since the beginning of the trading day. The etf's lowest day price was 21.93. Northern Lights has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for Northern Lights are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of November 2023 and ending today, the 23rd of November 2024. Click here to learn more.
The fund seeks to achieve its investment objective by investing at least 80 percent of its net assets in securities included in the index. Cp High is traded on NYSEARCA Exchange in the United States. More on Northern Lights

Northern Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationStrategy ETFs, Broad Debt ETFs, Nontraditional Bond, Counterpoint Mutual Funds (View all Sectors)
IssuerCounterpoint Mutual Funds, LLC.
Inception Date2020-01-21
BenchmarkCP High Yield Trend Index
Entity TypeRegulated Investment Company
Asset Under Management25.21 Million
Asset TypeFixed Income
CategoryBroad Debt
FocusStrategy
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorUltimus Fund Solutions, LLC
AdvisorCounterpoint Mutual Funds, LLC.
CustodianBrown Brothers Harriman & Co.
DistributorNorthern Lights Distributors, LLC
Portfolio ManagerMichael Krause, CFA; Joseph Engelberg, PhD
Transfer AgentBrown Brothers Harriman & Co.
Fiscal Year End31-Mar
ExchangeNYSE Arca, Inc.
Number of Constituents10.0
Market MakerGTS
Total Expense3.55
Management Fee0.5
Country NameUSA
Returns Y T D7.54
NameNorthern Lights Fund Trust III
Currency CodeUSD
Open FigiBBG00RHHC288
In Threey Volatility6.23
1y Volatility5.08
200 Day M A21.6419
50 Day M A22.0331
CodeHYTR
Updated At23rd of November 2024
Currency NameUS Dollar
In Threey Sharp Ratio(0.46)
Northern Lights [HYTR] is traded in USA and was established 2020-01-22. The fund is listed under Nontraditional Bond category and is part of Counterpoint Mutual Funds family. The entity is thematically classified as Strategy ETFs. Northern Lights currently have 7.38 M in assets under management (AUM). , while the total return for the last 3 years was 1.4%.
Check Northern Lights Probability Of Bankruptcy

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More Details

Northern Lights Risk Profiles

The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Northern Lights. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.

Northern Lights Against Markets

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 Risk vs Return 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 closely tied with the direction of predictive economic indicators such as signals in estimate.
To learn how to invest in Northern Etf, please use our How to Invest in Northern Lights guide.
You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
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.