Northern Lights Financials
| PRAE Etf | 35.01 0.22 0.63% |
Net Expense Ratio 0.0145 |
Northern |
The data published in Northern Lights' official financial statements typically reflect Northern Lights' business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Northern Lights' quantitative information. For example, before you start analyzing numbers published by Northern accountants, it's essential to understand Northern Lights' liquidity, profitability, and earnings quality within the context of the Large Growth space in which it operates.
Please note, the presentation of Northern Lights' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Northern Lights' management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Northern Lights' management manipulating its earnings.
Northern Lights Etf Summary
Northern Lights competes with Vanguard Growth, IShares Russell, IShares SP, IShares Core, and Vanguard Russell. Northern Lights is entity of United States. It is traded as Etf on NYSE ARCA exchange.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| CUSIP | 66538R524 |
| Region | Global |
| Investment Issuer | PlanRock Investments |
| Fund Category | Broad Equity |
| Portfolio Concentration | Size and Style |
| Benchmark | Dow Jones Industrial |
Northern Lights Systematic Risk
Northern Lights' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Northern Lights volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Northern Lights correlated with the market. If Beta is less than 0 Northern Lights generally moves in the opposite direction as compared to the market. If Northern Lights Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Northern Lights is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Northern Lights is generally in the same direction as the market. If Beta > 1 Northern Lights moves generally in the same direction as, but more than the movement of the benchmark.
About Northern Lights Financials
What exactly are Northern Lights Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Northern Lights' income statement, its balance sheet, and the statement of cash flows. Potential Northern Lights investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Northern Lights investors may use each financial statement separately, they are all related. The changes in Northern Lights's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Northern Lights's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.Northern Lights Thematic Clasifications
Northern Lights is part of several thematic ideas from Size And Style ETFs to Broad Equity ETFs. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasNorthern Lights November 30, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Northern Lights help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Northern Lights. We use our internally-developed statistical techniques to arrive at the intrinsic value of Northern Lights based on widely used predictive technical indicators. In general, we focus on analyzing Northern Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Northern Lights's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.8532 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 4.26 | |||
| Value At Risk | (1.27) | |||
| Potential Upside | 1.14 |
Check out Your Equity Center 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 nation. For information on how to trade Northern Etf refer to our How to Trade Northern Etf guide.You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
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.