Northern Lights Etf Profile
| THY Etf | USD 22.70 0.01 0.04% |
Performance1 of 100
| Odds Of DistressLess than 9
|
Northern Lights is trading at 22.70 as of the 23rd of November 2024; that is 0.04 percent down since the beginning of the trading day. The etf's open price was 22.71. Northern Lights has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat weak 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 funds adviser seeks to achieve the funds investment objectives by tactically investing in a portfolio of income-producing securities, including high-yield bonds, investment grade bonds, municipal bonds, U.S. Agility Shares is traded on BATS Exchange in the United States. More on Northern Lights
Northern Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Strategy ETFs, Broad Debt ETFs, High Yield Bond, Toews Corporation (View all Sectors) |
| Issuer | Toews Corp |
| Inception Date | 2020-06-25 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 31.77 Million |
| Asset Type | Fixed Income |
| Category | Broad Debt |
| Focus | Strategy |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | Gemini Fund Services, LLC |
| Advisor | Toews Corporation |
| Custodian | Brown Brothers Harriman & Co. |
| Distributor | Northern Lights Distributors, LLC |
| Portfolio Manager | Phillip Toews, Randall Schroeder, Jason Graffius, Charles Collins |
| Transfer Agent | Brown Brothers Harriman & Co. |
| Fiscal Year End | 30-Apr |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 61.0 |
| Market Maker | GTS |
| Total Expense | 1.47 |
| Management Fee | 0.85 |
| Country Name | USA |
| Returns Y T D | 5.88 |
| Name | Northern Lights Fund Trust |
| Currency Code | USD |
| Open Figi | BBG00S7P3N01 |
| In Threey Volatility | 4.74 |
| 1y Volatility | 4.54 |
| 200 Day M A | 22.5118 |
| 50 Day M A | 22.865 |
| Code | THY |
| Updated At | 23rd of November 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | (0.51) |
| Type | ETF |
Northern Lights [THY] is traded in USA and was established 2020-06-25. The fund is classified under High Yield Bond category within Toews Corporation family. The entity is thematically classified as Strategy ETFs. Northern Lights at this time have 35.98 M in assets. , while the total return for the last 3 years was 1.7%.
Check Northern Lights Probability Of Bankruptcy
Geographic Allocation (%)
Northern Lights Currency Exposure
Northern Lights holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of Northern Lights will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in Northern Lights.
Top Northern Lights Etf Constituents
| HYLB | Xtrackers USD High | Etf | High Yield Bond | |
| FALN | iShares Fallen Angels | Etf | High Yield Bond | |
| USHY | iShares Broad USD | Etf | High Yield Bond |
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.
| Risk Adjusted Performance | 0.0114 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.31) |
Northern Lights Against Markets
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 etf could be closely tied with the direction of predictive economic indicators such as signals in rate. For more information on how to buy Northern Etf please use our How to Invest in Northern Lights guide.You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
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.