Northern Lights Financial Statements From 2010 to 2024
| MBCC Etf | USD 35.52 0.33 0.94% |
Check Northern Lights financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Northern Lights' main balance sheet or income statement drivers, such as , as well as many indicators such as . Northern financial statements analysis is a perfect complement when working with Northern Lights Valuation or Volatility modules.
Northern |
Northern Lights ETF Beta Analysis
Northern Lights' Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Northern Lights Beta | 1.02 |
Most of Northern Lights' fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Northern Lights is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Northern Lights has a Beta of 1.02. This is much higher than that of the Monarch Funds family and significantly higher than that of the Large Growth category. The beta for all United States etfs is notably lower than that of the firm.
About Northern Lights Financial Statements
Northern Lights stakeholders use historical fundamental indicators, such as Northern Lights' revenue or net income, to determine how well the company is positioned to perform in the future. Although Northern Lights investors may analyze each financial statement separately, they are all interrelated. For example, changes in Northern Lights' assets and liabilities are reflected in the revenues and expenses on Northern Lights' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Northern Lights. Please read more on 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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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 the analysis of Northern Lights Correlation against competitors. For information on how to trade Northern Etf refer to our How to Trade Northern Etf guide.You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
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.